Warehouse Group, the country’s biggest listed retailer, has unveiled plans to lift staff wages and create a better-trained workforce reward long-term service at an extra cost of up to $2.5 million in each of the next two years. The Auckland-based company wants to improve the public perception of retailing and attract more talented staff, and will hike wages for team …

Wall Street climbed to fresh records, carrying the momentum from Friday’s jobs data into renewed optimism about the US economy and corporate profits. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.05 percent, the Standard & Poor’s 500 Index gained 0.32 percent, while the Nasdaq Composite Index added 0.47 percent. The S&P 500 touched a record …

Foreign companies looking to boost their international credibility with a New Zealand registration were behind Commerce Minister Craig Foss’ plans to tighten up the database. In March, Foss announced plans for stricter monitoring rules and beefed up investigative powers for regulators of the Financial Service Providers Register, three years after its launch as part of government efforts to restore investors’ …