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Postie Plus FY sales fall 4.4 percent on sale of Babycity, flat Postie revenue
Aug. 31 (BusinessDesk) - Postie Plus Group reported a 4.4 percent decline in full-year sales after selling its Babycity chain and maintaining little changed revenue at its Postie clothing outlets. Sales fell to $110.9 million in the year ended Aug. 5, from $115.7 million a year...

Xero doubles employees, seeks 100 more
By Hannah Lynch Aug 31 (BusinessDesk) - Xero, the cloud-based accounting platform provider, has doubled its employees, hiring 128 new staff in the calendar year and is seeking 100 more. The Wellington-based company currently has 267 employees and is It's looking to add more in...

RBNZ's Bollard says WTO could have oversight role in global forex markets
By Paul McBeth Aug. 30 (BusinessDesk) - The World Trade Organisation could be a global oversight body to improve international practices for foreign exchange as the unorthodox monetary policies in the world's biggest economies creates market uncertainty, says Reserve Bank Govern...