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While you were sleeping: European stocks climb
By Margreet Dietz May 27 (BusinessDesk) - Equities in Europe advanced after European Central Bank President Mario Draghi cemented expectations euro-zone policy makers will take action at their next meeting in June to help bolster the region’s economy. Speaking at an ECB For...
Govt watching Ruataniwha nitrogen limits issue closely
By Pattrick Smellie May. 26 (BusinessDesk) - Prime Minister John Key says the government is not ready to intervene to reduce nitrogen levels set for rivers affected by the Ruataniwha Water Storage Scheme, preferring to let the issue go to court first. He was speaking at his...
MARKET CLOSE: NZ shares rise; F&P climbs post earnings, paced by TradeMe, Fletcher
By Suze Metherell May. 26 (BusinessDesk) - New Zealand shares rose as Fisher & Paykel Healthcare extended its gains after posting a jump in earnings last Friday. Freightways, Trade Me Group and Nuplex Industries paced the advance. The NZX 50 Index rose 2.310 points, or 0.0...
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