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Wrightson warns wet autumn will weigh on annual earnings
By Paul McBeth June 14 (BusinessDesk) - PGG Wrightson, whose chief executive yesterday signalled his departure at the end of the year, warned a wet autumn sapped the performance of its seed and grain business and will weigh on annual earnings. The Christchurch-based compan...

Chapman Tripp sees more shareholder lobbying, increased accountability for listed firms
By Paul McBeth June 13 (BusinessDesk) - New Zealand's listed companies are set to face a growing tide of shareholder activism and increased demands for accountability, law firm Chapman Tripp says. In a report on corporate governance trends released today, Chapman Tripp pre...

NZ dollar falls vs pound after strong UK inflation, little changed vs greenback
By Jonathan Underhill June 14 (BusinessDesk) - The New Zealand dollar fell from a three-month high against the pound after stronger-than-expected UK inflation weakened the case for further Bank of England rate cuts and was little changed against the greenback ahead of the Fede...