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While you were sleeping: Boeing shares, oil drop

While you were sleeping: Boeing shares, oil drop

By Margreet Dietz Oct. 23 (BusinessDesk) - Wall Street slid paced by Boeing as investors worried about expenses for its 787 Dreamliner passenger jet, while oil fell after a report showed US inventories rose more than expected last week. West Texas Intermediate crude for Dec...

22 Oct 2014
Shell and Todd caught drilling without approval

Shell and Todd caught drilling without approval

By Pattrick Smellie Oct. 22 (BusinessDesk) - Multi-national oil company Shell's New Zealand arm and local energy giant Todd Energy have breached the new law governing New Zealand's Exclusive Economic Zone, the Environmental Protection Authority says in an Oct. 10 document rele...

22 Oct 2014
MARKET CLOSE: NZX 50 rises to record, led by Xero, Nuplex as volatility abates

MARKET CLOSE: NZX 50 rises to record, led by Xero, Nuplex as volatility abates

By Suze Metherell Oct. 22 (BusinessDesk) - New Zealand shares rose to a record close, led by Xero, as investors returned to more risk-based equities after last week's volatility. Nuplex gained after selling two of its Australasian assets, while Fletcher Building touched a 2014...

22 Oct 2014