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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...
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...
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...