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Kathmandu, the outdoor equipment retail chain, boosted first-half profit by as much as 75 percent on the strength of sales across the Tasman. Net profit was between $9.5 million and $10.5 million in the six months ended Jan. 27, compared to $6 million a year earlier, the retailer said in a statement. That came from a 13 percent increase in …

The government has launched the cornerstone of its policy to encourage new, high value, high-tech products and services across science, engineering, design and technology disciplines. To be known as Callaghan Innovation, the institution brings together the former crown research institute Industrial Research Ltd, the business investments team at the Ministry for Business, Innovation and Employment, the Auckland Foodbowl initiative, and …