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Godfreys hoovers up The Service Company for $2.7 mln

Godfreys hoovers up The Service Company for $2.7 mln

By Paul McBeth Feb. 12 (BusinessDesk) - Australian vacuum cleaner firm Godfreys Group has bought New Zealand commercial cleaning firm The Service Company (TSC) for $2.7 million as it seeks to build up the business in a highly fragmented market.  The Victoria-based company w...

Paul McBeth 11 Feb 2016
NZ dollar advances as higher yields lure investors

NZ dollar advances as higher yields lure investors

By Tina Morrison Feb. 12 (BusinessDesk) - The New Zealand dollar advanced even amid fears of a global slowdown, as the country's higher relative interest rates lured investors. The kiwi gained to 66.84 US cents at 8am in Wellington, from 66.69 cents at 5pm yesterday. The tr...

Tina Morrison 11 Feb 2016
While you were sleeping: Stocks, Boeing sink

While you were sleeping: Stocks, Boeing sink

By Margreet Dietz Feb. 12 (BusinessDesk) - Equity markets slid amid renewed fears about global economic growth, bolstering the appeal of perceived safe-haven assets like US Treasuries and gold. Spot gold climbed more than 4 percent to touch US$1,247.98 an ounce, its highest...

Margreet Dietz 11 Feb 2016