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Bathurst Resources needs extra day to complete capital raising via discounted offer

Bathurst Resources needs extra day to complete capital raising via discounted offer

April 14 (BusinessDesk) - Bathurst Resources says it needs an extra day to complete a discounted share placement raising funds to develop its controversial Escarpment open-cut coal mine on the Denniston Plateau near Westport. The Wellington-based mining company would raise as m...

14 Apr 2014
Local body tax idea ‘a bit rich’, says Key

Local body tax idea ‘a bit rich’, says Key

April 15 (BusinessDesk) – Prime Minister John Key made it clear he is no fan of a push by the local government lobby to be allowed to raise local taxes other than through property rates, saying the proposal is “a bit rich”. Local Government New Zealand proposed a new approach to...

14 Apr 2014
While you were sleeping US consumers, Citigroup

While you were sleeping US consumers, Citigroup

By Margreet Dietz April 15 (BusinessDesk) – Wall Street rose as solid US retail sales data and better-than-expected results from Citigroup calmed frayed nerves and reassured some investors about the outlook for the world’s largest economy and corporate profits. A Commerce Depar...

14 Apr 2014