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Dairy product prices rise 1.1 percent  in final GDT auction of the year

Dairy product prices rise 1.1 percent in final GDT auction of the year

Dec. 19 (BusinessDesk) – Prices of dairy products rose in the final GlobalDairyTrade auction of the year, though whole milk powder, the biggest product by volume, fell for the fourth sale in a row, The GDT-TWI Price Index rose 1.1 percent compared to the last sale two weeks ago...

18 Dec 2012
MARKET CLOSE NZ shares rise, led by Telecom amid fiscal cliff optimism

MARKET CLOSE NZ shares rise, led by Telecom amid fiscal cliff optimism

Dec. 18 (BusinessDesk) – New Zealand shares rose, led by Telecom as equity markets worldwide took heart from signs of progress on fiscal cliff talks in Washington that may help the US economy avoid recession. Tech stocks Diligent Board member Services and Xero both made new high...

18 Dec 2012
Fletcher Building nabs Telecom CFO Olson to head finances

Fletcher Building nabs Telecom CFO Olson to head finances

Dec. 18 (BusinessDesk) - Telecom chief financial officer Nick Olson has left the second-biggest company on the stock exchange to take control of the finances of Fletcher Building, the biggest company on the bourse. Fletcher chief executive Mark Adamson said he was delighted Ol...

18 Dec 2012