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NZ annual current account gap narrows in 3Q as trade balance shrinks

New Zealand’s annual current account deficit narrowed as expected in the third quarter, driven by a decline in the trade surplus and as overseas investors earned less from their local investments. The current account gap was $9.89 billion in the year ended Sept. 30, from a deficit of $10.09 billion three months earlier, according to Statistics New Zealand. An annual …

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Energy Mad sees annual sales at lower end of guidance, gets $1M SuperLife injection

Energy Mad, which raised $5 million in an initial public offering last year to kick start sales of its energy-efficient light bulbs, said annual earnings will be at the lower end of guidance after delays slowed sales in Australia and the US. It got a $1 million injection from SuperLife Investments. Last month the Christchurch-based company cut its 2013 annual …

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SkyCity to spend A$300M on Adelaide redevelopment after regulatory accord

SkyCity Entertainment Group said it will spend more than A$300 million redeveloping its Adelaide Casino after concluding 2 ½ years of negotiations with the state government over the size of the operation, exclusivity and taxes. write my essay Key terms of the agreement include an extension of the company’s exclusivity in the state for table games, automated table games and …

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