Recent Posts

APN News shares halted on report INM seeks CEO’s ouster, capital raising eyed

hares of APN News & Media were halted after the Irish Independent newspaper reported that 28.95 percent owner Independent News & Media has called for the resignation of chief executive and director Brett Chenoweth. The report said INM had formally advised APN of its views and was seeking an extraordinary meeting of shareholders. INM had “lost confidence in Mr Chenoweth’s …

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Face to Face – China: Darren Foo – Part I

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. Today we’re talking to Darren Foo, a Singapore born New Zealander currently working for …

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ACC on track to self-fund by 2019, setting up significant levy reductions in future

Accident Compensation Corp, whose board and executives were purged last year in the fallout of major privacy breaches, is on track to fully-fund its accident coverage, paving the way for significant and long-term cuts in future levies. Chair Paula Rebstock told Parliament’s transport and industrial relations committee the state-owned insurer is “very much on track” to full funding in six …

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