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Snakk raises $6.5M in over-subscribed share purchase plan, private placement
By Paul McBeth May 24 (BusinessDesk) - Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, has raised $6.5 million from an over-subscribed share purchase plan and private placement, which it will use both to fund its expansion and potentially takeover t...
SFO charges seven people over mortgage fraud
May 24 (BusinessDesk) - The Serious Fraud Office has charge seven people over a series of alleged mortgage frauds between July 2007 and December 2010. The white-collar crime investigator has laid 48 Crimes Act charges against the group, with the primary defendant Eli Devoy, it...
NZ trade surplus misses expectations amid flood of imported petroleum
May 24 (BusinessDesk) - New Zealand’s trade surplus in April was smaller than expected as a flood of petroleum imports more than offset increasing meat exports after farmer culled their livestock during the drought earlier this year. New Zealand’s export receipts outpaced impo...
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