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Hallenstein says February-June sales up 2%, inventory ok
By Jonathan Underhill June 25 (BusinessDesk) - Hallenstein Glasson Holdings, the listed clothing chain, said it managed to underpin seasonal sales, with growth of 2 percent in the almost-five months ended June 22, despite a warmer-than-expected winter, which would tend to crim...
NZ dollar weaker amid heightened Middle East tensions; US data looms
By Suze Metherell June 25 (BusinessDesk) - The New Zealand dollar held at overnight lows in local trading after geopolitical tensions in the Middle East sapped demand for risk-sensitive assets, and ahead of US economic data. The kiwi was almost unchanged at 86.80 US cents...
Rio Tinto Alcan says Bluff smelter hurt by high kiwi, lower prices
By Jonathan Underhill June 25 (BusinessDesk) - Rio Tinto Alcan (New Zealand), which holds Rio Tinto's stake in the Bluff aluminium smelter, is mulling its response after losing an appeal against an Employment Court ruling over a claim of $13.4 million. The company took prov...
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