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NZ dollar hits 4-week high vs. A$ after weak Australian capex, Fonterra hikes farmgate payout
By Paul McBeth Feb. 27 (BusinessDesk) - The New Zealand dollar rose to a four-week high against its trans-Tasman counterpart as weaker-than-expected capital spending figures in Australia added to a string of disappointing data. The kiwi also rose after Fonterra Cooperative Grou...
Veritas, Mad Butcher franchisor, to boost annual dividend as 1H profit falls 6.8 percent
By Suze Metherell Feb. 27 (BusinessDesk) – Veritas Investments, which own the Mad Butcher franchise chain, said earnings fell 6.8 percent reflecting a drop in sales and accounting adjustments, while boosting forecast annual dividends. Net profit fell to $2 million in the six m...
Transfield wins $88 mln Chorus contracts after protracted negotiations
By Paul McBeth Feb. 27 (BusinessDesk) - Transfield Services, the ASX-listed infrastructure specialist, has signed two contracts worth $88 million with local telecommunications network operator Chorus to help build the ultrafast broadband network and rural broadband initiative....
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