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Chorus, TelstraClear cut deal over rural phone service levy
By Paul McBeth July 9 (BusinessDesk) - Telecommunications companies Chorus and TelstraClear have cut a deal over the levies Telecom charged to run the nation's unprofitable rural phone services. The settlement comes after TelstraClear sought partial repayments of the Telecommu...
World Week Ahead: US earnings, China data
By Margreet Dietz July 9 (BusinessDesk) – The next round of American corporate earnings, kicked off by Alcoa on Monday, are expected to show the negative impact of Europe's continued struggle to get its sovereign debt crisis under control, as well as that of the slump in China'...
NZ dollar falls below 80 cents on weaker than expected US employment
By Hannah Lynch July 9 (BusinessDesk) - The New Zealand dollar fell from its recent two-month high against the greenback after US employment figures missed forecasts, reigniting fears the world's biggest economy isn't recovering as quickly as expected. The New Zealand dollar f...
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