Wall Street rose as oil rebounded amid speculation it had fallen too far too fast and as investors positioned for the last policy statement of the year from the US central bank. In afternoon trading in New York, the Dow Jones Industrial Average climbed 0.93 percent, the Standard & Poor’s 500 Index strengthened 0.91 percent, while the Nasdaq Composite Index …

The three biggest shareholders of Wellington hospital owner Acurity Health Group have put a second application to the Commerce Commission, reducing one shareholder’s influence on the holding company, Connor Healthcare, in a bid to ease competition concerns created by a takeover. Connor needs the regulator’s tick of approval to take over the private hospital operator, to acquire the shares it doesn’t already own. Connor …

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 …