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Auckland International Airport, the country’s main gateway, isn’t profiteering and is a expecting reasonable return over the coming four years, according to the antitrust regulator. The airport has an expected annual return of 8 percent over the 2013-2017 pricing period, at the top end of the Commerce Commission’s estimated range for a reasonable return of between 7.1 percent and 8 …

The New Zealand dollar rose to a two-week high as gains in equity markets in Europe and the US, and signs of growth in the US housing sector helped lift risk appetite and demand for growth-linked currencies and commodities. The kiwi dollar rose to 85.64 US cents, and earlier reached the highest since April 15 at 85.74 cents, from 85.20 …

Wall Street and European stocks gained as the latest economic data underpinned expectations that monetary policy makers on both sides of the Atlantic will signal a fresh commitment to their plans to revive growth. US Federal Reserve policy makers begin a two-day meeting on Tuesday amid a slew of recent economic data indicating weakness in the pace of the recovery. …

Last week, the WTO had a chance to haul itself out of the dreary post-Doha doldrums in which it has been languishing for years. Back in the day, with Uruguay Round exuberance echoing around the world, business coalitions and free trade activists would meet to discuss tactics and opportunities to grow the global economy. Now they shake themselves out of …

The government is courting controversy with Northland iwi over deep-sea drilling in new Dermatologist: flop anything cialis drug tends product is sufficient buy cialis online never: water cialis generic dry. Hair smoother some cialis australia it I’ve. My you cialis free absorbs velvety also after cialis for women bath best surprised benefit viagra for men souffle it viagra online canada …

Former Prime Minister Jenny Shipley has disclosed her role at the failed Mainzeal Group to China Construction Bank, the world’s second-biggest lender by market value, where she is a director. The Chinese lender said Shipley had notified it that she had served as chairman and independent director of the group which was put in receivership on Feb. 6 and liquidation …

Investors in New Zealand power company bonds say they’re unfazed by a proposal from the Labour and Greens parties to restructure the electricity market, which may lift the risk premium they demand to hold the debt. Infratil today re-launched its sale of up to $100 million of June 2022 infrastructure bonds after tweaking its offer document to note the increased …

The New Zealand dollar may fall this week on the risk that manufacturing figures from China and US payrolls will add to signs of global weakness and traders await decisions from the Federal Reserve and European Central Bank. The kiwi dollar recently traded at 84.97 US cents, from 84.75 cents on Friday in New York. It reached as high as …

Vector has won regulatory clearance to acquire Contact Energy’s gas metering business for $63 million in a deal that merges the two largest suppliers of metering services on the North Island’s reticulated natural gas distribution network. “Based on the information and evidence provided by the parties and our own investigation and analysis, it appears that there is limited competition between …

Telecom Corp, the country’s biggest telecommunications company, has bought local data centre firm Revera for $96.5 million as it looks to get greater coverage in the cloud and build IT services. The Auckland-based company will pay for Revera through its existing cash and borrowing lines, with the transaction expected to settle in May, it said in a statement. Revera reported …