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 …

The New Zealand dollar advanced after weaker-than-expected economic data in the US tempered expectations over how fast the Federal Reserve may start unwinding its monetary stimulus programme. The kiwi rose to 83 US cents at 8am in Wellington, from 82.56 cents at 5pm yesterday. The trade-weighted index increased to 78.41 from 78.14 yesterday. The US dollar index, which measures the …