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NZ dollar pares gain after Australian exports data disappoints
By Paul McBeth Jan. 7 (BusinessDesk) - The New Zealand dollar pared gains in local trading after figures showed Australian exports were flat in November, disappointing investors who were hoping for growth. The kiwi traded at 82.60 US cents at 5pm in Wellington from 83 cents a...
Shell, OMV, Mitsui to target NZ’s Great South Basin, seeking ‘next Taranaki’
Jan. 7 (BusinessDesk) – Shell New Zealand and its joint venture partners OMV New Zealand and Mitsui E&P Australia are to drill an exploration well in the Great South Basin, off the South Island’s southeast coast, in a move the energy industry hopes will create ‘the next Taranaki...
Wynyard shares climb to record after latest Middle East contract signing
By Paul McBeth Jan. 7 (BusinessDesk) - Wynyard Group shares climbed to a record after the intelligence software developer announced its latest contract win in the Middle East. The stock rose as high as $1.38 and recently traded at $1.36, up 14 percent on the day. It’s rated a...
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