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NZ dollar rises to 4-month high vs. A$ after RBA's Lowe talks down currency
By Tina Morrison Nov. 26 (BusinessDesk) - The New Zealand dollar touched a four-month high against the its trans-Tasman counterpart after Australia's central bank talked down the value of the nation's currency. The kiwi touched 91.61 Australian cents and was trading at 91.4...
Vector cleared to buy Meridian's Arc metering business
By Paul McBeth Nov. 26 (BusinessDesk) - Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business. The Commerce Commission yesterday gave the green light to the acquisition, which gives...
While you were sleeping: US consumer less confident
By Margreet Dietz Nov. 26 (BusinessDesk) - Wall Street fluctuated, with the Standard & Poor’s 500 Index touching a record high, as a report showing the US economy grew more than initially forecast in the third quarter offset data showing an unexpected drop in American consumer...
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