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Barry Colman sells National Business Review
Aug. 30 (BusinessDesk) - One of the country's most successful independent publishers, Barry Colman, has sold his flagship title, the National Business Review, to his current chief executive, Todd Scott, for an undisclosed sum. Colman bought the ailing masthead from Fairfax 24 ye...
Air NZ shares climb to 9-month high as annual profit beats estimates
By Paul McBeth Aug. 30 (BusinessDesk) - Air New Zealand shares rose to a nine-month high after the national carrier slated for a government selldown beat estimates with a 12 percent drop in annual profit, while forecasting pretax earnings to more than double in 2013. The share...
Auckland Council widens FY loss as expenses outpace growth in income
By Hannah Lynch Aug. 30 (BusinessDesk) - Auckland Council, New Zealand’s biggest local body after its amalgamation of eight of the region's councils into one in November 2010, widened its full-year loss as growth in expanses outpaced income. The loss widened to $233 million in...
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