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NZ dollar falls to 7-1/2 month low after RBNZ reins in rate hike track
By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand dollar fell to its lowest in seven-and-a-half months after the Reserve Bank cut half a percentage point from its projected track for future rate hikes as tame inflation dulls the need for more aggressive policy. The k...
Turners & Growers enters Chilean JV to grow grapes for first time
By Suze Metherell Sept. 11 (BusinessDesk) - Turners & Growers, the fruit marketer majority owned by Germany's BayWa, has entered a joint venture with Unifrutti Chile to grow and export Peruvian grapes. The joint venture with Italian-owned, Chile-based Unifrutti builds on an...
Martin Jetpack raises $6.5 mln in oversubscribed private placement
By Paul McBeth Sept. 11 (BusinessDesk) - Martin Aircraft Co, which plans to make the world's first commercial jetpack allowing a person to fly, raised $6.5 million in an oversubscribed private placement ahead of plans to take the company public. The Christchurch-based compa...
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