![]() New Zealand Herald | Strategic chief slams receivership New Zealand Herald The boss of Strategic Finance has slammed its trustee for placing the company into receivership and says investors will be worse off. But Perpetual Trust says receivership is the best option and it has acted only in ... Long hard slog to get Strategic cash back Strategic Finance in receivership Strategic Finance goes into receivership |
![]() New Zealand Herald | Fibre cable investors want secure contracts New Zealand Herald Investors would be keen to fund a proposed international telecommunications link, say industry and market commentators - as long as there are stable, long-term tenants on board. Market commentator Arthur Lim said getting the planned ... Vodafone keen on $900m submarine cable New undersea cable aims to get Kiwis up to speed Drury, Morgan, Tindall team to build second cable out of NZ |
AgResearch blamed for job cuts proposal Stuff.co.nz Wool farmers' failure to support research and development has contributed to 43 planned job cuts at AgResearch, departing chief executive Andrew West says. The country's largest Crown research institute (CRI) yesterday ... Research institute comes a long way Ruakura scientists face more job losses Jobs to go at agricultural research centre |
![]() Stuff.co.nz | Tax, job concerns depress house sales Stuff.co.nz The housing market is still weak, with extremely low sales volumes and more listings as buyers are put off by expected property tax changes in the Budget and worries about job prospects, economists say. ... House prices steady in February, sales recover New Zealand median house price steady at $267400 House sales fall |
![]() Stuff.co.nz | Warehouse Plans NZ$100 Million, Five-Year Expansion BusinessWeek March 12 (Bloomberg) -- Warehouse Group Ltd. plans to spend as much as NZ$100 million ($70 million) the next five years opening new stores and expanding its product range to grab a bigger share of New Zealand's retail market. ... The Warehouse pays higher dividend on flat performance NZ Warehouse:Recovery In Retail Spending Remains Patchy Group's result in line with update |
Times Online | Report IDs 7 Counterparties In Lehman Repo 105 Deals Wall Street Journal (Updates in fifth paragraph with UBS and Barclays declining to comment.) By Michael Rapoport and Joe Bel Bruno Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A bankruptcy-court examiner's scathing report on the collapse of Lehman Brothers Holdings Inc. ... Linklaters and Ernst & Young face action over Lehman Brothers collapse Lehman autopsy throws Ernst & Young into spotlight Could Lehman's Dick Fuld end up behind bars? |
![]() Voxy | Bumper crop forecast as kiwifruit harvest begins Stuff.co.nz Kiwifruit marketer Zespri is predicting another good year as the harvesting of gold fruit begins. The grower-owned company said early indications of volume, quality and taste suggested this year's crop would be as successful as last year's. ... Zespri anticipates strong kiwifruit demand Strong signs for NZ kiwifruit season Early Start Heralds Another Successful Kiwifruit Season |
Shoppers Buck Snowstorm to Push Retail Sales Higher Wall Street Journal US retail sales posted a surprising gain in February despite falling car demand amid trouble at auto maker Toyota MotorCorp. and fierce blizzards that crippled the East Coast for days. Retail sales rose last month by 0.3% ... Retail sales show surprising gain in February US Economy: Sales Rise as Buyers Overcome Snow, Job Concerns Retail sales improve in February |
![]() New Zealand Herald | NZ key interest rate remains on hold in 7th review BusinessWeek New Zealand's central bank left its key interest rate unchanged at a record low 2.5 percent Thursday, the seventh successive review to hold the rate steady as the economy stages a sluggish recovery from an 18-month recession. ... NZ Dollar Steady Late On Weak Retail Sales, Housing Data; Bonds Fall NZ data points to slow 2010 start back rates view Inflation a concern but banks make Bollard's job easier |
![]() Otago Daily Times | Hotels await tough winter Stuff.co.nz Christchurch hotels face a difficult winter ahead, but trading should improve by next year despite the demands of filling extra hotel rooms which were becoming available in the city, the New Zealand Hotel Council says. ... Australian in flux helps hotels Hotel Accommodation During RWC 2011 RWC 2011 Accommodation |