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Infratil's Brown seriously injured after being hit by company’s own bus
By Hannah Lynch July 20 (BusinessDesk) - Tim Brown, head of capital markets and economic regulation at Infratil, was seriously injured by being hit by a Wellington bus owned by the company’s NZ Bus unit. "His condition is serious and he is in intensive care in Wellington hospit...
NZ dollar gains vs. greenback, euro as data fuels Fed stimulus bets
By Hannah Lynch July 20 (BusinessDesk) - The New Zealand dollar rose against the greenback and reached a record versus the euro on speculation the Federal Reserve will do more to stimulate the US economy and a sales of Spanish bonds met lukewarm demand. The New Zealand dollar r...
While you were sleeping: IBM, eBay earnings
By Margreet Dietz July 20 (BusinessDesk) - Better-than-expected corporate earnings helped lift equities on both sides of the Atlantic, though a slew of disappointing data on the US economy kept a lid on gains. Results from IBM and eBay exceeded expectations, bolstering Wall Str...
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