Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, accelerated sales in the third quarter and is planning to raise new funds from existing shareholders next month. Sales rose to $1.44 million in the three months ended Dec. 31, from $686,000 a year earlier, the Auckland-based company said in a statement. That exceeds the $1.22 million in revenue the …

Opus International Consultants, the engineering firm with one of four mandates to lead design the rebuild of Christchurch city, is asking shareholders to approve a joint venture with a sister firm to target the Middle East. The Wellington-based firm wants to set up a venture with Opus International (M) Bhd (OIMB), a sister company to Opus’ cornerstone shareholder Opus International …

The New Zealand dollar gained against the euro as Cyprus nears a deadline to secure a European Union bailout to avoid a collapse of its banks and the possible exit from the euro zone. The kiwi traded at 64.39 euro cents from 64.22 cents in late New York trading on Friday. It slipped to 83.38 US cents from 83.51 cents. …