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NZ dollar gains as traders await central bank meetings, data releases
By Tina Morrison Aug. 5 (BusinessDesk) - The New Zealand dollar advanced in quiet trading as investors await direction from looming central bank meetings and new data on dairy prices and employment. The kiwi gained to 85.23 US cents at 8am in Wellington, from 85.10 cents at...
While you were sleeping: Berkshire lifts Wall Street
By Margreet Dietz Aug. 4 (BusinessDesk) - Wall Street gained amid solid US corporate earnings including from Warren Buffett's Berkshire Hathaway and as a Portuguese bank bailout diminished concern about another flare-up for the euro-zone's credit crisis. In afternoon tradin...
Mega sheds Dotcom in favour of Kiwi connections
By Pattrick Smellie Aug. 4 (BusinessDesk) - The new controlling shareholders of what was once internet renegade Kim Dotcom's Mega cloud storage business Mega Ltd have appointed a little-known but well-connected Waikato software entrepreneur, Graham Gaylard, to be the company's...
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