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Guinness Peat Group founder Ron Brierley has sold another 5 million tranche of shares in the investment firm, even as it’s rated an average ‘outperform’ by analysts. autocad 2014 for sale The veteran corporate raider sold the shares yesterday at 47 Australian cents apiece for some A$2.35 million, or $2.95 million in New Zealand dollar terms, according to a statement …

SkyCity Entertainment Group, which operates hotels and casinos across Australia and New Zealand, has sold its half-share of Christchurch casino and taken full ownership of Queenstown’s gaming centre. cheap custom essay The Auckland-based company sold its 50 percent share in Christchurch casino for $80 million to tourism operator Skyline Enterprises and bought Skyline’s 40 percent stake in the Queenstown operation …

The New Zealand dollar fell as global risk sentiment abated and ahead of figures expected to show the economy slowed in the third quarter. The kiwi dollar fell to 83.62 US cents from 83.91 cents at 5pm in Wellington yesterday. The trade-weighted index fell to 74.56 from 74.75. Gross domestic product probably rose 0.4 percent in the three months ended …

college essay writer Digital marketing veteran Ken Hong of Sina Weibo explains how New Zealand companies can use social media marketing to reach consumers in China, and discusses a recent campaign by Tourism New Zealand. In this extended version he also explains the challenge of getting cut-through in a crowded media landscape, and why content is still king

The New Zealand dollar fell below 84 US cents as investors flocked the euro and Swiss franc after Standard & Poor’s upgraded its Greek credit rating and as optimism was stoked on the prospect US legislators will cut a deal on the fiscal cliff. The kiwi fell to 83.88 US cents at 5pm in Wellington from 84.15 cents at 8.30am …

anada’s Public Sector Pension Investment Board is looking to capitalise on favourable growing conditions and access to Asian markets having taken a 30 percent stake in the central North Island’s Kaingaroa forestry estate. The Canadian fund sees the 178,000 hectare Kaingaroa estate as an “attractive asset” that has been “very successfully” managed by Timberlands for many years, spokesman Mark Boutet …

New Zealand’s annual current account deficit narrowed as expected in the third quarter, driven by a decline in the trade surplus and as overseas investors earned less from their local investments. The current account gap was $9.89 billion in the year ended Sept. 30, from a deficit of $10.09 billion three months earlier, according to Statistics New Zealand. An annual …

Energy Mad, which raised $5 million in an initial public offering last year to kick start sales of its energy-efficient light bulbs, said annual earnings will be at the lower end of guidance after delays slowed sales in Australia and the US. It got a $1 million injection from SuperLife Investments. Last month the Christchurch-based company cut its 2013 annual …

SkyCity Entertainment Group said it will spend more than A$300 million redeveloping its Adelaide Casino after concluding 2 ½ years of negotiations with the state government over the size of the operation, exclusivity and taxes. write my essay Key terms of the agreement include an extension of the company’s exclusivity in the state for table games, automated table games and …

OceanaGold, which operates the Macraes gold mine near Dunedin, sees gold production climbing by as much as 44 percent in 2013 and at a much cheaper production cost as its Didipio mine in the Philippines kicks off. The Melbourne-based company sees gold production of between 285,000 ounces and 325 ounces at a cash cost of between US$650 per ounce and …