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Turners and Growers lifts first-half profit 2.2 percent , forecasts FY earnings growth
By Hannah Lynch Aug. 10 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany’s BayWa Aktiengesellschaft, posted a 2.2 percent increase in first-half profit and is on track to improve its full-year operating result. Profit rose to $7 million in the six m...
NZ credit, debit spending falls 0.8 percent in July led by bars, restaurants
Aug. 10 (BusinessDesk) - New Zealanders' credit and debit card spending fell in July, snapping three months of gains, as kiwis cut down on how much they spent at bars and restaurants in what's traditionally the year's coldest month. The seasonally adjusted value of total trans...
Timaru’s Prime Port axes 50 jobs after losing container shipping services
By Hannah Lynch Aug. 10 (BusinessDesk) - Prime Port Timaru, the most centrally located South Island port, will axe more than 50 jobs by the end of September after losing container shipping services in July, says the union whose members are affected.. Global shipping lines Maer...