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Sky TV and Telecom end agreement to resell TV service to phone customers
Feb. 5 (BusinessDesk) – Sky Network Television, New Zealand’s dominant pay television operator, will no longer resell its service through Telecom Corp., the nation’s largest phone company. The companies have agreed to end the resale agreement, which saw Sky’s television service...
NZ dollar jumps 1 US cent overnight as riskier assets return to favour
By Tina Morrison Feb. 5 (BusinessDesk) – The New Zealand dollar jumped 1 US cent overnight as investors gained back some confidence in economic growth, favouring riskier assets such as equities and higher yielding currencies. The kiwi touched a week-high of 82.25 US cents and...
Dairy product prices gain 0.5 percent in GDT auction, led by butter, whole milk powder
Feb. 5 (BusinessDesk) - Dairy product prices rose in the second GlobalDairyTrade auction in a row, led by butter and whole milk powder, while volumes continued to retreat. The GDT Price Index increased 0.5 percent from the last sale two weeks ago. The average winning price was U...
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