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Former MFS Pacific CFO’s testimony may pose ‘real difficulties’ for receiver’s claim, says judge
By Paul McBeth April 3 (BusinessDesk) - Testimony by former MFS Pacific Finance chief financial officer Nigel Lane could frustrate a bid by the failed lender’s receiver to sue auditor Sherwin, Chan & Walshe, though not before the case reaches a formal hearing. Justice Robert D...
PushPay mobile app venture raises $5.1mln, plans for small cap listing
By Pattrick Smellie April 3 (BusinessDesk) – Mobile payments app developer PushPay is heading for a compliance listing on the New Zealand small cap board, following two rounds of capital-raising since December, which have brought on Auckland private investors the Huljich family...
While you were sleeping US jobs, factory orders
By Margreet Dietz April 3 (BusinessDesk) – The Standard & Poor’s 500 Index rose to a fresh record after solid data on US jobs and factory orders underpinned optimism about the outlook for the world’s largest economy. US companies added 191,000 payrolls in March, according to AD...
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