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Endace strategic review points to bigger focus on US market
By Paul McBeth June 20 (BusinessDesk) - Endace, which commercialised cyber-security research done by Waikato University, will spend more time and money trying to break the back of the US market on the advice of a strategic review by Deutsche Bank. The Auckland-based company, w...
High Court erred in limiting claims against packaging cartel, regulator tells Appeal Court
By Jonathan Underhill June 20 (BusinessDesk) – The Commerce Commission says the High Court erred in rejecting a much wider pattern of alleged cartel behaviour in the New Zealand packaging market when it dismissed much of its case against Australia’s Visy Board and a former execu...
Co-operative Bank names McLachlan as CEO, FY profits fall
By Hannah Lynch June 20 (BusinessDesk) - The Co-operative Bank, formerly known as PSIS, has appointed Bruce McLachlan as its new chief executive. The bank announced a fall in full-year profits. McLachlan whose appointment is subject to approval by the Reserve Bank will take o...