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TPP conclusion in 2015 still 'challenging', says new NZ-US Council chair
By Pattrick Smellie Nov. 14 (BusinessDesk) - The current rush of optimism among supporters of the Trans-Pacific Partnership free trade agreement that the troubled talks will land a deal in the first half of next year is optimistic and "a big ask," says Simon Power, the newly a...
Hart's Reynolds Group sees asset sale decision done by year-end
By Paul McBeth Nov. 14 (BusinessDesk) - Reynolds Group Holdings, the global packaging empire built up by New Zealand billionaire Graeme Hart, expects to make a final decision on whether to carve out three of its units by the end of the year. The packaging group embarked on...
Motor Trade Finance FY profit slips on financial instrument write downs
By Suze Metherell Nov. 14 (BusinessDesk) - Motor Trade Finance, the auto finance firm, reported a 25 percent drop in annual earnings as a loss in the value of financial instruments offset gains in a growing loan book. Profit fell to $6.1 million in the year ended Sept. 30,...
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