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NZ Dollar Outlook Kiwi likely to take its lead from US as Fed’s Bernanke speaks

NZ Dollar Outlook Kiwi likely to take its lead from US as Fed’s Bernanke speaks

By Tina Morrison July 15 (BusinessDesk) – The New Zealand dollar will probably take its lead from the US this week, where traders will be looking for guidance from Federal Reserve chairman Ben Bernanke on future monetary stimulus. The local currency may trade between 76 US cent...

15 Jul 2013
UPDATE Renaissance to lay off up to 15 workers in store closures, sees gains in full-service retailing

UPDATE Renaissance to lay off up to 15 workers in store closures, sees gains in full-service retailing

July 15 (BusinessDesk) - Renaissance Corp, the retailer of Apple products and operator of a design school, expects to lay off 14 or 15 people as it shuts four of its nine retail stores in a bid to regain profitability from the ailing unit. The Auckland-based company today clos...

15 Jul 2013
High Court clears another hurdle for Bathurst Resources

High Court clears another hurdle for Bathurst Resources

July 15 (BusinessDesk) – Would-be West Coast coking coal miner Bathurst Resources has taken another small step closer to open cast mining on the Denniston Plateau following the High Court’s rejection of an appeal on a side issue from the Royal Forest & Bird Protection Society of...

15 Jul 2013