The distribution and retail businesses of Shell New Zealand
will become New Zealand-owned on Thursday when an
Infratil-New Zealand Superannuation Fund consortium buys the
Following one's own advice would have been a good place to
start when I received an email from my school days' best
friend who now lives in Scotland.
Investors will need to take a long-term view when considering
investing in Ecoya Ltd, a body and bath and home fragrance
business seeking $10 million in an initial public offering
Strategic Finance preference shareholders yesterday received
the bad news they were probably expecting but were hoping
would not arrive.
Questions will remain about the viability of plan by a
Chinese company to invest $1.5 billion in the New Zealand
dairy industry, but one thing is certain - the desire by
China to invest overseas.
Clothing retailer Hallenstein Glassons has restarted its
capital expenditure programme as it shows cautious optimism
in the economic recovery.
Corporation says it is on track to meet its forecast profit
of $20.9 million for the year to June 30 and is well
positioned to take advantage of an economic recovery.
New Zealand's economic recovery continues to build in
strength but Finance Minister Bill English continues to
downplay the importance of the first annual growth since June
New Zealand's current account deficit was much wider than
expected in the year ended December but economists remain
positive about economic growth prospects.
Finance Minister Bill English should avoid using extreme
examples and making "kneejerk reactions" when considering
changes to the tax system to be announced in the Budget.
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