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Nufarm settles class action suit for A$43.5 mln
Aug. 2 (BusinessDesk) - Agricultural chemicals company Nufarm said it has reached a A$43.5 million conditional settlement of class action proceedings brought against it in early 2011 and which alleged material non-disclosure and over-optimistic profit forecasts in 2010. Nufarm...
Participants sought for head-scratch on affording the future
Aug. 1 (BusinessDesk) - Plans are advancing rapidly for a high level, two-day conference in December in which a panel of experts and commentators will test the Treasury's assumptions about what New Zealand will need to earn to afford its future wishes and desires. Led by Victori...
MARKET CLOSE NZ shares fall as Chinese manufacturing slows; Heartland, OGC drop
Aug 1 (BusinessDesk) - New Zealand shares fell from a 2 ½-month high as figures showing China's manufacturing expanded at the slowest pace in eight months weighed on equity markets and investors await the outcome of central bank meetings in the US and Europe. The NZX 50 index f...
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