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NZ guest nights rise in October on good weather, school holidays
By Rebecca Howard Dec. 12 (BusinessDesk) - New Zealand national guest nights rose in October from a year earlier as demand was bolstered by good weather, a longer ski season and more school holidays. Total guest nights gained 4.8 percent to 3.15 million in October from the...
Chatham Rock says rejection of EPA costs claim will hurt cash flow
By Rebecca Howard Dec. 12 (BusinessDesk) - Chatham Rock Phosphate will take legal advice on its next steps after the High Court dismissed its application to review costs charged by the Environmental Protection Authority, something it said will hurt its cash flow. "We will...
ERoad plans $18m capital raise as it pushes US expansion
By Sophie Boot Dec. 12 (BusinessDesk) - ERoad is in a trading halt as it looks to raise at least $18 million through a placement and a share purchase plan to fund an upgrade of its back-end systems amid a push into North America. The company said it wants to raise at least...