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CORRECT: Cavalier sinks into the red as restructuring costs mount, wool prices slump
(Fixes underlying loss reference in 4th paragraph) By Paul McBeth Aug. 23 (BusinessDesk) - Cavalier Corp sank back into the red after the overhaul of the wool carpet maker's operations proved more expensive and more prolonged than expected, raising flags over the company's...

Vocus to refresh Orcon as CallPlus acquisition boosts NZ earnings
By Paul McBeth Aug. 23 (BusinessDesk) - ASX-listed Vocus Group plans to refresh local broadband provider Orcon in a bid to get more out of its New Zealand consumer businesses facing skinnier margins in the face of tough competition. Sydney-based Vocus more than doubled und...

Humanoid robots and chatbots won't replace people, Air NZ CEO says
By Rebecca Howard Aug. 23 (BusinessDesk) - Air New Zealand's latest innovative bid to enhance customer experience is going better than expected but the airline has no plans to replace people with robots, says chief executive Christopher Luxon. The airline is partnering wi...