Callaghan Innovation has suspended a research and development growth grant to Trends Publishing International Ltd, the first time it’s done so, following an audit of its funding claims and referred the matter to the Serious Fraud Office. Trends got approval for a three-year Growth Grant in March this year and had received $332,966 before the grant was put on hold. Callaghan Innovation …

New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets. Intueri Education Group dropped after upping its ownership in an Australia education group. The NZX 50 Index rose 0.833 points, or 0.02 percent, to 5496.585. Within the index, 21 stocks rose, 21 fell and eight were unchanged. Turnover was $144 million. Overnight US and …

New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets. Intueri Education Group dropped after upping its ownership in an Australia education group. The NZX 50 Index rose 0.833 points, or 0.02 percent, to 5496.585. Within the index, 21 stocks rose, 21 fell and eight were unchanged. Turnover was $xx million. Overnight US …