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NZX pays A$35k to Ralec's over employment dispute

NZX pays A$35k to Ralec's over employment dispute

By Paul McBeth June 22 (BusinessDesk) - NZX was ordered to pay A$34,800 plus interest and costs to the Ralec group of companies by the County Court of Victoria. The award related to the six months Ralec shareholder Grant Thomas spent working with the stock exchange operator wh...

22 Jun 2012
Petrobras survives challenge to east coast exploration permit; iwi, Greenpeace mull options

Petrobras survives challenge to east coast exploration permit; iwi, Greenpeace mull options

By Jonathan Underhill June 22 (BusinessDesk) - Petrobas, the Brazilian oil company, has survived a challenge from local iwi and Greenpeace to its east coast exploration permit. Greenpeace and te Whanau a Apanui are reviewing their options after Justice Warwick Gendall rejected...

22 Jun 2012
MARKET CLOSE: NZ shares fall in face of manufacturing dip; Nuplex drops

MARKET CLOSE: NZ shares fall in face of manufacturing dip; Nuplex drops

June 22 (BusinessDesk) - New Zealand shares fell after manufacturing data from around the globe pointed to sluggish demand, weighing on companies including Nuplex Industries . The NZX 50 index fell 10.19 points, or 0.3 percent, to 3399.19. Within the index, 31 stocks fell, 15 r...

22 Jun 2012