The Court of Appeal has tossed out a bid by a group of former Reserve Bank senior managers, including ex-assistant governor David Archer, to top-up their pensions, and upheld an earlier Employment Court ruling. In a Dec. 17 judgment, Justices Rhys Harrison, Douglas White and Forrest Miller dismissed an appeal by the former RBNZ senior staffers which would have forced …

PowerbyProxi, the wireless power developer spun out of Auckland University, has agreed to license its technology to Texas Instruments, allowing the world’s largest analogue chipmaker to add new wireless power and charging products. “Texas Instruments is recognised as the leading supplier of wired and wireless power solutions and respected across consumer electronics devices, industrial systems and battery management,” PowerbyProxi chief …

The value of equities on the NZX rose 24 percent in December from a year earlier to reach 37.8 percent of gross domestic product helped by the listing of $7.5 billion of new capital and a rally in prices that extended from 2012. The market value of equity on the NZX rose to $82.2 billion last month while the value …