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NZ dollar rises to 4-month high vs. Russian ruble on rising tensions over Ukraine
By Tina Morrison Sep. 1 (BusinessDesk) - The New Zealand dollar rose to a four-month high against the ruble on concern Russia may face more sanctions over Ukraine, further denting the fragile Russian economy. The kiwi touched a high of 31.14 rubles and was trading at 30.95...
Brierley sells A$2.7 mln of GPG shares
By Paul McBeth Sept. 1 (BusinessDesk) - Veteran corporate raider Ron Brierley sold A$2.7 million of shares in Guinness Peat Group, the investment firm he founded in the early 1990s, and has raised more than $20 million since he started selling in late 2012. Brierley sold th...
World Week Ahead: Focus on US jobs, ECB
By Margreet Dietz Sept. 1 (BusinessDesk) - US employment data and a meeting of policymakers at the European Central Bank will renew the focus on when interest rates will begin to rise in the US, and the degree and timing of additional stimulus in the euro zone. The state o...
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