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Goldman Sachs NZ unit posts FY loss as fees, commissions, trading income fall
By Jonathan Underhill May 30 (BusinessDesk) - Goldman Sachs New Zealand Holdings, the local unit of the Wall Street investment bank, posted a full-year loss as revenue from fees, commissions and trading fell almost three times as much as operating expenses. The net loss was $3....

McDonald's reaps biggest NZ dividend in at least a decade to help fund global growth
By Hannah Lynch May 30 (BusinessDesk) - McDonald's Restaurant New Zealand, the local arm of world's largest fast food chain, paid the biggest dividend in at least a decade as its US parent invests US$2.9 billion to expand its global empire. The Auckland-based company paid a di...

New Talisman starts life with $9.2m in funds
May 30 (BusinessDesk) - New Talisman Gold Mines, the gold miner formerly known as Heritage Gold, is starting out with $9.24 million in equity as it prepares to develop the Talisman gold prospect on the Coromandel Peninsula. New Talisman recently replaced Heritage on the NZX and...