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DB Breweries in play with Singapore bid
By Jonathan Underhill July 20 (BusinessDesk) - Export Gold brewer Dominion Breweries' is caught up in a bidding war involving Asia Pacific Breweries, its Singapore-based parent company, after Heineken bid $5.1 billion for control with an offer to buy all of the shares held by p...
Craigs Investment Partners censured, fined over glitches in Telecom, Rubicon trades
July 20 (BusinessDesk) - Craigs Investment Partners, the Tauranga-based brokerage half-owned by Deutsche Bank, has been censured and fined a total of $45,000 by the NZ Markets Disciplinary Tribunal over two breaches of NZX trading rules related to Telecom and Rubicon shares. The...
NZ tourist arrivals highest for month of June in 7 years, led by Australians, Chinese
July 20 (BusinessDesk) - The number of short-term arrivals rose to a seven-year high for the month of June as a flood of Australians and Chinese tourists came to visit last month. Some 151,100 people came to New Zealand for a short-term visit in the month of June, the most for...