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New innovation agency stakes out its ground
By Pattrick Smellie July 9 (BusinessDesk) – Callaghan Innovation, the new government-funded science, technology and innovation agency, will target high value manufacturing and service businesses that are already in cahoots with other government export and capital funding agencie...
MARKET CLOSE NZ shares gain; Ryman, Trade Me rise, Xero falls
July 9 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a six-week high, as retirement village operator Ryman Healthcare edged up to a new record and auction website Trade Me rose. Xero fell from a record high. The NZX 50 climbed 30.394 points, or 0.7 perce...
NZ dollar little changed at Chinese inflation raises fears of slow down
By Paul McBeth July 9 (BusinessDesk) - The New Zealand dollar was little changed against the greenback after Chinese inflation figures raised fears the world’s second biggest economy may be slowing down. The kiwi was unchanged at 78.03 US cents at 5pm in Wellington from 8am,...
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