The New Zealand dollar climbed against its trans-Tasman counterpart after the Reserve Bank of Australia minutes for its June 3 meeting showed an expectation of slower growth as the country’s mining boom winds down. The kiwi climbed as high as 92.54 Australian cents shortly after the release of the central bank’s minutes and was trading at 92.48 cents at 5pm in Wellington, up from 92.25 …

Trade Me Group’s chief operating officer Mike O’Donnell, better known as MOD, has announced his resignation from the online auction site. O’Donnell has been with the company for a decade, and said it was “time I turned my hand to something different.” An exact end date is yet to be announced, but he will be involved in the transition period and is …

Facebook New Zealand, the local service unit of the global social media website, said sales rose 7.4 percent last year, lagging behind an 11 percent gain in expenses and resulting in a wider annual loss. Sales rose to $846,391 in calendar 2013, from $787,830 in 2012, according to the company’s annual report. All of the revenue came from Facebook Ireland under …