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AWF expects 1H sales growth near 61%, flags fatter earnings, debt reduction
By Paul McBeth Sept. 5 (BusinessDesk) - AWF Group, the contract labour firm, anticipates first-half sales will grow almost 61 percent with the addition of white-collar recruitment firm Madison Group, and signalled bigger earnings as a result. The Auckland-based company expe...
NZ dollar rises to 6-week high vs. euro after ECB cuts rates, signals asset purchases
By Paul McBeth Sept. 5 (BusinessDesk) - The New Zealand dollar rose to a six-week high against the euro after the European Central Bank unexpectedly cut its three key interest rates, and signalled an asset purchase plan to help kick-start the moribund regional economy. The...
While you were sleeping: ECB cuts rates, starts QE
By Margreet Dietz Sep. 5 (BusinessDesk) - Equities advanced in Europe after the European Central Bank lowered three key interest rates and announced plans to start buying assets next month in an effort to bolster the euro-zone economy. After opening higher, shares on Wall S...
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