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David Ross released from hospital, to cooperate with probes into frozen funds
Nov. 22 (BusinessDesk) - Wellington fund manager David Ross, whose businesses have been frozen after missing investor payments, has been released from hospital and will "cooperate fully" with all inquiries into his company and the funds it oversees. Ross was released from hosp...
Chinese visitors offsets fall in tourist numbers from 2011 RWC spike
By Paul McBeth Nov. 22 (BusinessDesk) - A steady increase in the number of Chinese visitors offset a fall in overall tourist arrivals last month, compared with the spike in arrivals last year for the Rugby World Cup. The number of short-term arrivals fell 15 percent to 184,200...
Dunedin City 'AA' credit rating under threat as S and P sees financial targets in doubt
By Paul McBeth Nov 22 (BusinessDesk) - Dunedin City Council, whose investment unit posted a $5.1 million loss in the 2012 financial year, has been put on notice of a rating downgrade over its finances, which may not bounce back as quickly as expected. Standard & Poor's affirme...
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