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NZ stocks turn as UK referendum result keeps investors guessing
By Paul McBeth June 24 (BusinessDesk) - New Zealand shares gave up earlier gains as early results from Britain's referendum on whether to leave the European Union show the race is much closer than what pundits had been picking . The S&P/NZX 50 index was down 0.5 percent to...
Update: APN and NZME pay $36.3 million to settle disputed tax avoidance and other cases
(Update: adding payout split, demerger date, third matter in dispute) By Fiona Rotherham June 24 (BusinessDesk) - Australian publisher APN News & Media and New Zealand-based NZME are to each pay around $18 million to the Inland Revenue Department after reaching a binding he...
Ryman board seeks 9% pay rise to cope with bigger business
By Paul McBeth June 24 (BusinessDesk) - Ryman Healthcare's board will ask shareholders to sign off on a 9 percent pay rise for directors as they cope with an increasingly larger retirement village operator. Shareholders will vote on July 27 at Ryman's annual meeting in Wha...
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