All News
Nasdaq-listed Derma Sciences takes 7.3 percent stake in Comvita in discounted placement
Sept 5 (BusinessDesk) – Derma Sciences, the Nasdaq-listed company with exclusive global rights to Comvita’s Medhoney wound care products, has taken a 7.3 percent stake in the Te Puke-based Manuka honey products firm via a discounted placement. Comvita raised about $9 million se...
New 4G spectrum looks pricey, warns 2degrees
By Pattrick Smellie Sept. 5 (BusinessDesk) – Mobile phone operator 2degrees is questioning the government’s minimum reserve price of $198 million for new fourth generation (4G) mobile spectrum, saying it’s well above prices being paid for existing spectrum. Communications Minis...
NZ dollar jumps on global growth optimism; demand wanes for safe haven currencies
By Tina Morrison Sept. 5 (BusinessDesk) – The New Zealand dollar surged on optimism global economic growth is recovering and as safe haven currencies declined in light of no imminent western military action in Syria. The kiwi jumped to 79.07 US cents at 8am in Wellington from 7...