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Westland Milk shareholders to vote on shrinking board, tightening selection rules

Westland Milk shareholders to vote on shrinking board, tightening selection rules

By Jonathan Underhill Sept. 18 (BusinessDesk) - Westland Milk Products shareholders are to vote on shrinking the board and improving selection processes after criticism that followed the cooperative's $14.5 million loss last year. Shareholders will vote on Oct. 5 on a serie...

UPDATE: NZ Refining, Air NZ shares fall as investors weigh pipeline leak

UPDATE: NZ Refining, Air NZ shares fall as investors weigh pipeline leak

(Recasts on market reactions, adds comment from broker, economist, Air NZ) By Paul McBeth Sept. 18 (BusinessDesk) - New Zealand Refining and Air New Zealand shares fell as investors reacted to a pipeline leak disrupting jet fuel supplies at Auckland International Airport. ...

17 Sep 2017
NZ services sector expands in August, composite index shows 4% annual GDP growth

NZ services sector expands in August, composite index shows 4% annual GDP growth

By Sophie Boot Sept. 18 (BusinessDesk) - New Zealand's services sector, which accounts for about two-thirds of the economy, gained in August, though employment dropped back. The BNZ-BusinessNZ performance of services index rose 1.3 points to a seasonally adjusted 57.3 last...

Sophie Boot 17 Sep 2017