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Air NZ appoints LesConcierges co-founder Linda Jenkinson to the board

Air NZ appoints LesConcierges co-founder Linda Jenkinson to the board

By Paul McBeth May. 23 (BusinessDesk) - Air New Zealand, the national carrier, has appointed an international corporate travel services expert, Linda Jenkinson, to its board, replacing Jim Fox who plans to retire in August. Jenkinson, who lives in San Francisco and Sydney,...

23 May 2014
Airport bond goes off at 5.52 percent

Airport bond goes off at 5.52 percent

By Pattrick Smellie May. 23 (BusinessDesk) -  Auckland International Airport is paying a 5.52 percent coupon on a NZ$150 million seven year bond issue taken up entirely by its lead managers and institutional investors. The interest "reflects a margin of 0.9 percent per annu...

23 May 2014
NZ dollar heads for 0.7% weekly fall on prospect of slower rate hikes

NZ dollar heads for 0.7% weekly fall on prospect of slower rate hikes

By Paul McBeth May. 23 (BusinessDesk) - The New Zealand dollar is heading for a 0.7 percent weekly decline as improving prospects for global growth buoyed the greenback, and left traders to mull the prospect of a slower cycle of local interest rate hikes. The kiwi fell to 8...

23 May 2014