MEXICO CITY (AP) ” Police arrested more than 200 people in the Mexican border state of Baja California in a bid to quash protests and road blockages by farmworkers demanding higher wages, officials said Wednesday.Farmworkers around…
Air NZ drops BNZ from airpoints
Air New Zealand has replaced BNZ in favour of Westpac as its official Airpoints partner.BNZ retail banking and marketing director Craig Herbison said the announcement ends a 16-year partnership.”We’ve been in this relationship…
APN's shareholder sells 30pc stake – Murdoch buys half
APN News and Media's biggest shareholder - Ireland's INM - and interests associated with INM's Denis O'Brien, have sold their 30.8 per cent interest in the company, which owns NZME - publisher of the NZ…
Southern Cross axes "trivial" travel claims excess
Southern Cross Travel Insurance, which sold nearly 300,000 policies last year, has axed its $100 claims excess calling it a trivial amount.Craig Morrison, the insurers’ chief executive, said the amount of money was so small that…
Your Business: Women entrepreneurs – Dil Khosa, Parrot Analytics
What inspired you to go down the path of becoming an entrepreneur? I’ve always loved new technology and innovation, and the challenge of how to successfully bring new products and services to market. I think I’m inherently attracted…
Protesters besiege inauguration of ECB's $1.4b HQ
Anti-austerity protesters seeking to spoil the inauguration of the European Central Bank’s new headquarters in Frankfurt’s east end set vehicles alight, erected barricades and left a trail of destruction across the city.Police deployed…
Alcoa to cut production, pursue sale of Suriname refinery
MIAMI (AP) ” Alcoa has announced plans to cut production at the Suralco alumina refinery in Suriname and to pursue a sale to the government of the South American country.Alcoa has operated in Suriname since 1916, when the country…
Auckland-based Salt Funds to manage $690m of AMP portfolios
Auckland-based Salt Funds Management has been appointed as the external manager of AMP Capital’s $690 million active New Zealand equities portfolios.The AMP mandate will increase Salt’s funds under management to more than $1 billion.AMP…
Economy grew 3.3pc last year – best since financial crisis
The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand for real estate services.Gross domestic product rose 0.8 per cent in the fourth…
Inside Money: House prices weaken as global property trends converge – survey
New Zealand has zero affordable housing markets, according to the ‘ 11th Annual Demographia International Housing Affordability Survey ‘.Affordability must be in the eye of