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NZ residential building issuance slows in April, Auckland demand increases
By Paul McBeth May 30 (BusinessDesk) - The pace of New Zealand residential building issuance slowed last month, even as demand increased for new housing in the country's biggest city, Auckland. Building consents excluding volatile apartment figures climbed 22 percent to 1,092...
Kiwi credit check firm, Veda, spreading wings in Arabian Gulf
By Pattrick Smellie May 30 (BusinessDesk) - Auckland-based credit check bureau Veda is chasing opportunities in the Gulf states, with the announcement of a joint venture in Dubai with Saudi Arabian business partners. Established for more than two decades in New Zealand and Aust...
Restaurant Brands' Q4 sales fell 2.7%, same-store sales down 3.7%
By Hannah Lynch May 30 (BusinessDesk) - Restaurant Brands, which operates the local Pizza Hut, KFC and Starbucks brands, reported first-quarter sales fell 2.7 percent, reflecting the success of KFC's Double Down promotion a year earlier. Group sales fell $2 million to $70.6 mi...
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