Fonterra’s plan to alter its governance structure has been defeated with the results of electronic and postal voting coming up short of the 75 per cent required to get through.At today’s special meeting in Hamilton – attended by…
Juha Saarinen: What's next for Sky and Vodafone?
Sky TV shareholders must be jubilant with the proposed merger with Vodafone, with fingers crossed hard that the Commerce Commission won’t take interest in the deal.It’s hard to see what else Sky could’ve done. Continuing with the…
The Latest: 3 Times Square performers arrested in tips spat
NEW YORK (AP) ” The Latest on efforts to create new areas in Times Square designated for costumed characters to pose with tourists and ask for tips (all times local):8 p.m.Three costumed characters who take photos with tourists…
Chinese dream of instant stock-market riches faces harsh reality
Fang Tao’s hopes of striking it rich in the Chinese stock market died as his investments plunged by half over the past year. Now, he’ll be happy just breaking even.The 28-year-old employee of a clothing company in Shanghai has pared…
More content, more devices – the Sky Vodafone promise
The planned merger of Vodafone NZ and Sky TV would create a media and telecommunications group ready to make more content available on more devices, Sky has claimedSky Network TV announced its plan to buy Vodafone New Zealand for…
Liam Dann: Why the Reserve Bank was right to hold
The Reserve Bank has made the right call to leave rates on hold at 2.25 per cent this morning.It avoids throwing fuel on the all ready overheated housing market and has time to wait for stronger economic signals out of the US.Reserve…
South Korea cuts key rate to 1.25 percent from 1.50 percent
SEOUL, South Korea (AP) ” Bank of Korea says it has lowered its key interest rate by a quarter of a percentage point to 1.25 percent.South Korean central bank’s surprise move on Thursday is the first rate cut since June last year….
Nike digs in its heels for court battle with rising track star Boris Berian
Nike, the wildly successful shoe and apparel company, says it will suffer “irreparable harm” if a promising middle-distance runner refuses to compete while wearing its iconic swoosh and has asked a U.S. District Court judge to sort…
IRD owed $7 million by Graeme Hart's UCI Holdings
The Inland Revenue Department is among creditors owed money by Graeme Hart’s UCI Holdings, the autoparts business that filed for bankruptcy in the US to restructure what became an unmanageable debt. In the High Court in Auckland,…
Sky TV – Vodafone confirm merger talks
Pay TV operator Sky Network Television said it was in talks with Vodafone Group regarding a possible merger of their New Zealand operations.The NZX-listed company said that, following recent media speculation, it was in talks with…