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Warehouse shares jump to six-week high after Craigs upgrades recommendation to buy
April 22 (BusinessDesk) – Shares in Warehouse Group, New Zealand’s largest publicly listed retailer, rose to a six-week high after the stock was upgraded to ‘buy’ at brokerage Craigs Investment Partners. Warehouse jumped 1.8 percent to $3.32, its highest since March 10. That’s...

Air NZ, Singapore Airlines codeshare gets Singapore regulator tick
By Suze Metherell May 22 (BusinessDesk) – The proposed codeshare between Air New Zealand and Singapore Airlines has been given the all clear from Competition Commission Singapore, meaning the accord is now subject only to sign-off from New Zealand’s transport minister. The com...

NZ dollar falls after positive US data boosts confidence about revival in world’s largest economy
By Tina Morrison April 22 (BusinessDesk) – The New Zealand dollar weakened after positive US data boosted confidence about a revival in the world’s largest economy, reinforcing expectations the Federal Reserve will continue to pull back its stimulus this year. The kiwi fell to...