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Ruataniwha irrigation scheme promoter confirms preferred private investor close to selection
By Pattrick Smellie Feb. 24 (BusinessDesk) - A preferred private sector investor in the Ruataniwha water storage scheme is close to selection, says its primary backer, the Hawke's Bay Regional Investment Co. HBRIC confirmed media reports earlier in the week that suggested a...

Diversification delivers for Airwork as 1H profit rises 47%
By Fiona Rotherham Feb. 24 (BusinessDesk) - Airwork Holdings, the aviation industry service provider, has boosted first-half profit and earnings per share by 47 percent with growth across both its fixed wing and helicopter businesses on the back of fleet expansion and finding...

Vitaco downplays loss of Trilogy agency contract, affirms annual guidance
By Paul McBeth Feb. 24 (BusinessDesk) - Vitaco Holdings is downplaying the loss of an agency contract with New Zealand skincare maker Trilogy International, saying it frees up the ASX-listed food supplements company to focus on higher-margin business. Vitaco, which was for...