Fairfax Media Group’s New Zealand unit, which includes the Dominion Post, Press and Sunday Star Times newspapers, reported a 15 percent decline in annual earnings, outperforming the company’s papers In Australian. New Zealand earnings before interest, tax, depreciation and amortisation fell to $77.8 million in the 12 months ended June 30, from $91.7 million a year earlier, the Sydney-based company …

Punakaiki Fund, set up by Pacific Fibre co-founder and internet commentator Lance Wiggs, is seeking to raise up to $50 million to invest in early stage New Zealand technology, internet and design companies. spy to mobile The fund registered a prospectus for an initial public offering of $20 million of shares at $1 apiece with oversubscriptions for a further $30 …

?Fonterra Cooperative Group, beset by food standards issues after the bacteria that can cause botulism was found in its supply chain, had another stumble in China in May when 42 tonnes of milk powder were held up over elevated nitrate levels. cell phone hacking The milk powder was among 163 batches of foods and cosmetics prevented from entering China by …