Vodafone New Zealand, which bought phone company TelstraClear for $840 million last year, gained 19,000 mobile customers in the second quarter, snapping nine straight quarters when it shed clients. Auckland-based Vodafone had 2.326 million mobile customers as at June 30, up from 2.307 million customers three months earlier, according to its London Stock Exchange-listed parent’s quarterly result. Vodafone amalgamated the …

Shell Exploration New Zealand, Todd Energy and Austria’s OMV plan to pick up the Kan Tan IV oil rig next year to drill at least one, perhaps two, more exploration wells in the formerly giant Maui gas field off Taranaki. The definite well, Ruru-2, will re-drill Ruru-1 on the southeastern edge of the field, the drilling of which was suspended …

A 6.5 magnitude earthquake in New Zealand’s Cook Strait has closed Wellington financial trading rooms and shut down portions in the capital city as local authorities assess the damage. Wellington trading desks at Bank of New Zealand and ANZ Bank New Zealand are closed as corporates in the capital join the rest of the city in checking buildings following a …