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SLI Systems to sell shares at $1.50 apiece in bid for long-term growth in Japan, Brazil
By Paul McBeth May 7 (BusinessDesk) - SLI Systems, a Christchurch-based developer of website search software, plans to sell its shares at $1.50 in a listing on the NZX at the end of the month to fund its long-term growth aspirations in Japan and Brazil. The company plans to ra...
Warehouse seeks better workforce with higher pay, more training
By Paul McBeth May 7 (BusinessDesk) - Warehouse Group, the country’s biggest listed retailer, has unveiled plans to lift staff wages and create a better-trained workforce reward long-term service at an extra cost of up to $2.5 million in each of the next two years. The Aucklan...
NZ dollar holds near 3-year high vs. Australian dollar, may rise on bets on RBA rate cut
By Tina Morrison May 7 (BusinessDesk) - The New Zealand dollar held close to a 3 ½-year high against the Australian dollar on expectations that country's weakening economy will spur its central bank to cut interest rates, increasing the gap with local rates which are tipped to r...
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