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NZ dollar extends slide as equity markets weaken, euro zone economy shrinks
Nov. 16 (BusinessDesk) - The New Zealand dollar weakened against the greenback as global equity markets extended their slide and data showed the euro zone economy continues to shrink, eroding the appeal of growth linked assets such as the kiwi. The New Zealand dollar fell to 80...
While you were sleeping Wal-Mart, euro-zone trouble
By Margreet Dietz Nov 16 (BusinessDesk) - The silver lining proved yet again hard to find today as Wal-Mart's profit outlook disappointed and the euro-zone economy fell into recession. Shares of Wal-Mart dropped, last down 3.7 percent, after the retail giant predicted fourth-qu...
Freshwater report once in a generation opportunity to settle water rights
By Pattrick Smellie Nov 15 (BusinessDesk) - The Land and Water Forum's final report on new ways to allocate freshwater is a "once in a generation opportunity", its chair, Alastair Bisley, said as the report was released to a careful welcome by government Ministers, and applause...
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