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While you were sleeping: Tax outlook lifts Wall St
By Margreet Dietz Dec. 19 (BusinessDesk) - Wall Street rose to fresh records, lifting the Nasdaq above 7,000 points, as investors bet that the Republicans will succeed in finalising a bill this week that will cut corporate taxes. In 1.16pm trading in New York, the Dow Jone...
Govt to kick off zero carbon law consultation with view to have bill ready by October
By Paul McBeth Dec. 18 (BusinessDesk) - The government will kick off a consultation on proposed legislation setting a net zero carbon emissions target for 2050 and establish an independent Climate Commission next year, and wants a bill before the House in October. Prime Mi...
MARKET CLOSE: NZ shares down, Air NZ and Contact drop while Scales, Oceania Health rise
By Sophie Boot Dec. 18 (BusinessDesk) - New Zealand shares dropped, led lower by Air New Zealand and Contact Energy while Scales Corp and Oceania Healthcare gained. The S&P/NZX50 Index fell 16.71 points, or 0.2 percent, to 8,344.15. Within the index, 26 stocks rose, 16 fell...
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