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US-based Craig Wireless lifts stake in Woosh Wireless to 75 percent
By Paul McBeth Sept. 26 (BusinessDesk) - US telecommunications company Craig Wireless Systems has lifted its stake in local internet service provider Woosh Wireless to 75 percent. The California-based company increased its interest in Woosh from 51 percent after acquiring addi...
India a once only opportunity for NZ exporters, says visiting economist
By Pattrick Smellie Sept. 26 (BusinessDesk) - The Indian economy is on the brink of a China-style growth explosion, giving New Zealand exporters a "never to be repeated" opportunity to ride a wave of new prosperity, says globally renowned Indian economist Reuben Abraham. In New...
Wellington Drive signs US licensing agreement worth up to US$400kyear
Sept. 26 (BusinessDesk) - Wellington Drive Technologies, which makes energy-efficient motors, said it has signed a licensing agreement with a US company worth US$100,000 to US$400,000 a year. The Auckland-based company declined to identify the US firm, saying it was confidentia...
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