All News

Infratil sells Manston Airport for 350,000 British pounds to Stagecoach co-founder
By Tina Morrison Oct. 15 (BusinessDesk) – Infratil, the Wellington-based infrastructure investor, has agreed to sell Manston Airport in the UK for 350,000 British pounds to Stagecoach Group co-founder Ann Gloag and her brother Brian Souter. Infratil agreed to sell the airport f...

Christchurch Airport targeting excessive profits over next 20 years, regulator says
Oct. 15 (BusinessDesk) - Christchurch International Airport’s proposed prices over the next two decades are significantly higher than the Commerce Commissions’ view of what’s acceptable, and tougher disclosure requirements have had little impact on promoting price efficiency, th...

NZ dollar gains on concern US politicians yet to reach agreement as debt ceiling deadline looms
By Tina Morrison Oct. 15 (BusinessDesk) – The New Zealand dollar advanced as concern US politicians have yet to reach agreement before this week’s deadline for raising the nation’s debt limit, risking default, weighed on the greenback. The kiwi rose to 83.67 US cents at 8am in...