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NZ jobless rate unexpectedly rises to 6.8 percent in 2Q as jobs growth stalls; kiwi tumbles
By Paul McBeth Aug. 9 (BusinessDesk) - New Zealand's unemployment rate expectedly rose in the second quarter as the pool of jobs shrank for the time since December 2010. The kiwi dollar dropped almost half a US cent on speculation a weak labour market gives the central bank more...
Insured Group head Miller hospitalized as details of withdrawn ASX prospectus awaited
Aug. 9 (BusinessDesk) - Insured Group, the Australian insurer which used Lombard Group for a backdoor listing on the NZX, has withdrawn a prospectus to raise $2.25 million in Australia but details of the announcement have been delayed because managing director Wayne Miller has b...
Horizon Energy acquires 3 heating, ventilation businesses for $5.25 million
By Hannah Lynch Aug. 9 (BusinessDesk) - Horizon Energy Distribution, which distributes electricity in the eastern Bay of Plenty, has purchased contract heating, ventilation and air-conditioning businesses Hastie New Zealand , Aquaheat Industries and Professional Building Service...
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