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Australia's Automotive Holdings Group buys two Manukau car dealerships for $7.5M
By Paul McBeth Jan. 8 (BusinessDesk) - ASX-listed Automotive Holdings Group, Australia's biggest auto retailer, has bought two dealerships in the Auckland suburb of Manukau for $7.5 million, expanding its footprint to nine franchises in the country's biggest city. Perth-bas...
NZ dollar pushes higher in Asian trading as US dollar remains out of favor
By Rebecca Howard Jan. 8 (BusinessDesk) - The New Zealand dollar rose in Asian trading as risk appetite remained strong and the US dollar remains out of favor, further weighed by weaker-than-expected jobs data overnight Friday. The local currency traded at 71.78 US cents a...
South Island VetLife warned over price fixing
By Paul McBeth Jan. 8 (BusinessDesk) - South Island veterinary practice VetLife, which operates 17 clinics, has been warned by the Commerce Commission for probably fixing prices of a restricted medicine with an unnamed competitor for a brief period in 2015. The antitrust r...
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