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Auditor-General looks at government procurement processes after Fuji Xerox scandal
By Sophie Boot July 10 (BusinessDesk) - The Auditor-General is considering bringing forward a review of government procurement after financial irregularities at Fuji Xerox, which has an all-of-government contract. However, he will wait for a Ministry of Business, Innovation...
CBL buys 40% stake in Irish professional insurer Allied Risk for 1.38M euros
By Paul McBeth July 10 (BusinessDesk) - CBL Corp has continued its acquisition spree of recent years with the purchase of a 40 percent stake in Allied Risk Holdings for 1.38 million euros, and will use the Irish professional insurer's senior management to populate its own Euro...
Ticketmaster NZ profit climbs 59% as renamed Spark Arena boosts revenue
By Rebecca Howard July 10 (BusinessDesk) - Ticketmaster New Zealand's annual profit rose 59 percent in 2016 as the booking agency benefited from increased revenues generated by the 12,000-seat Vector Arena, now renamed Spark Arena. Net profit rose to $2.12 million in calen...
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