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NZ dollar falls as Chinese imports grow less than expected
By Paul McBeth July 10 (BusinessDesk) - The New Zealand dollar fell in local trading after figures showed the pace of Chinese import growth was slower than expected, raising fears demand is waning in the world's second-biggest economy. The kiwi fell to 79.30 US cents at 5pm fr...
2degrees founder Tex Edwards loses bid to stop his job being eliminated
By Jonathan Underhill July 10 (BusinessDesk) - Simon ‘Tex’ Edwards, one of the founders of the company now known as Two Degrees Mobile, has lost a bid to stop his job being eliminated and will leave at the end of this week. The Employment Relations Authority declined Edwards’ a...
GPG mulls ways to bridge pension liability, settles on 20.3M pounds for Staveley scheme
By Paul McBeth July 10 (BusinessDesk) - Guinness Peat Group's board is looking at ways to meet the investment firm's pension obligations as its winds down its portfolio, having reached a 20.3 million pound settlement to cover the funding deficit of one of the Staveley scheme....
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