The New Zealand dollar gained in local trading on optimism US politicians will be able to set aside partisan differences and cut a deal on the US$600 billion in Federal tax increases and spending reductions with a vote set for Sunday. The kiwi rose to 82.11 US cents at 5pm in Wellington from 81.83 cents at 8.30am and 81.89 cents …

Fairfax Media, which publishes the Dominion Post, Press and Sunday Star Times newspapers, slashed the value of its New Zealand mastheads by more than 80 percent in a group-wide writedown of its traditional publishing assets. write my essay cheap The New Zealand holding company, Fairfax New Zealand Holdings, valued its local newspaper titles at $175.2 million as at June 30, …

atson, a NYSE-listed shipping company servicing the northern Pacific, has agreed to buy Reef Shipping from its receivers to extend its reach into the South Pacific. No price was disclosed for the deal in a statement from the Honolulu-based company. Matson will acquire four vessels and about 1,500 pieces of container equipment from Auckland-based Reef Shipping, which was placed in …