New Zealand exporter of biogas technology Greenlane Biogas has been sold to a listed UK company for $25 million. Pressure Technologies said it had bought the business and certain assets of the New Zealand company, which is a global developer and supplier of patented technology for upgrading raw biogas into high purity bio-methane. The deal takes effect from Oct. 1 …

The New Zealand dollar advanced as investors bet on stability ahead of the general election tomorrow and as weaker US data weighed on the greenback. The kiwi rose to 81.43 US cents at 8am in Wellington, from 81.06 cents at 5pm yesterday. The trade-weighted index advanced to 78.48 from 78.28 yesterday. New Zealand holds its general election tomorrow, with Radio New Zealand’s …

Wall Street rose, pushing the Dow and S&P 500 to record highs, after a larger-than-expected drop in US jobless claims and the Federal Reserve’s fresh promise to keep interest rates low. A Labor Department report showed US jobless claims fell by 36,000 to 280,000 in the period ended September 13. Meanwhile, a Commerce Department report showed housing starts fell 14.4 …