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Diligent to restate revenue from past three years, says US sales slow in 2Q
By Paul McBeth Aug 6 (BusinessDesk) - Diligent Board Member Services, the governance app maker hit by a slew of administrative mis-steps, will restate how it has recognised revenue over the past three financial years, delaying publication of second-quarter trading, which it says...
NZ dollar recovers as limited impact seen on Fonterra trade following food safety scare
By Tina Morrison Aug 6 (BusinessDesk) – The New Zealand dollar recovered some ground on confidence trade with China would not be as severely affected as first thought by a food contamination scare at Fonterra Cooperative Group, the nation’s largest company. The kiwi rose to 78...
While you were sleeping Fisher pours cold water
By Margreet Dietz Aug 6 (BusinessDesk) - Wall Street slipped from record highs amid comments by a US Federal Reserve official that the central bank should start tapering its bond-buying program next month. In late afternoon trading in New York, the Dow Jones Industrial Average...
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