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Warehouse shares jump to six-week high after Craigs upgrades recommendation to buy

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...

22 Apr 2014
Air NZ, Singapore Airlines codeshare gets Singapore regulator tick

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...

21 Apr 2014
NZ dollar falls after positive US data boosts confidence about revival in world’s largest economy

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...

21 Apr 2014