Wall Street weakened as investors awaited more details from US Federal Reserve policy makers on paring back their bond buying at a two-day meeting starting tomorrow. In late afternoon trading in New York, the Dow Jones Industrial Average fell 0.15 percent, as declines in shares of Bank of America, last 1.3 percent weaker, and Chevron, last 1 percent lower, weighed …

Northland Regional Council’s Northland Inc unit has signed a memorandum of understanding with Hawaiki Cable in a plan to link Whangarei in a Pacific-wide submarine fibre optic cable. Northland Inc, a council unit tasked with growing the region’s economy, will aid the landing and funding of the US$350 million cable in the New Zealand city by sourcing local investors, promoting …

State-owned electricity generator and retailer Genesis Energy says it is continuing to grow its customer base, thanks to new electricity and gas offerings, new energy-saving products, and ongoing acquisition of customers in the South Island. At June 30, Genesis had added 3 percent to its total customer base, with 543,774 electricity customers, 114,961 gas customers and 9,708 LPG customers, with …