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A consortium of Wellington business brahmans, including former top executives at Brierley Investments, has taken a majority share in fast-growing syrups maker Shott Beverages, with the intention of expanding its production and export sales. The investing group, Beverage Holdings Ltd, is led by former Brierley executive Andrew Meehan and comprises the same team as bought the pet food brand, Masterpet, …

Warehouse Group, the country’s biggest listed retailer, bought consumer electronics and appliance chain Noel Leeming Group for $65 million from Gresham Private Equity. The Auckland-based retailer’s acquisition will be completed today and is expected to add to the company’s earnings immediately, contributing between $4 million to $6 million to earnings before interest and tax in the six months ended Jan. …

The New Zealand dollar held above 83 US cents, having rallied in New York on Friday following figures showing the US economy added more jobs than expected and the jobless rate fell. Weaker US consumer sentiment capped the gains. The New Zealand dollar fell to 83.12 US cents from 83.24 cents in late New York trading on Friday. The trade-weighted …

Phil O’Reilly, Chief Executive of New Zealand’s largest business advocacy group – BusinessNZ, came out strongly in support of TPP at Friday’s stakeholder day. best software for graphic design “For a small economy like NZ, which depends for its economic survival on doing business with the rest of the world, the growth in trade in the APEC region has been …

EMA CEO Kim Campbell says if the TPP deal is?not right, “New Zealand will walk away.” As one of the first nations to embrace bilateral free trade agreements, New Zealand has learnt a number of lessons when it comes to international trade agreements Campbell told the TPP Stakeholders Day. “They must be high quality, they must be fair to all …

As investors return to their screens in anticipation of the Federal Reserve’s final meeting of the year, time is running short on a budget deal in the US. adobe flash software On Friday, Wall Street received a boost from better-than-expected jobs data, which more than offset even more doom and gloom from House Republican leader John Boehner on the prospects …

Minister for Climate Change Issues Tim Groser claims the Doha Conference has left NZ well placed to confront the real issue: the negotiation of a long-term comprehensive Climate Change Agreement. Groser  and Associate Minister Simon Bridges have been ave been leading the New Zealand delegation at the annual Climate Change Ministerial meeting in Doha. “While the formal agreements are extremely …

Over 700 young people held a flash mob outside Britomart yesterday to launch a new campaign for climate change solutions, in the wake of New Zealand being named as one of the worst players at the UN climate negotiations in Doha.  Youth organiser Lance Cash said the 100% Possible campaign is borne out of the frustration of many young New …

MONTI TO QUIT; BERLUSCONI BACK IN THE ARENA. Italian PM Mario Monti has told the head of state that he has lost support in Parliament and intends to resign. He has been in power 13 months and his unelected emergency term was due to conclude in April. Not coincidentally, earlier the same day, Silvio Berlusconi (76) announced plans to run for …

China from the Inside – the 4th and final episode of this series is scheduled for 11 am December 16. The series has provoked controversy on You Tube – Here’s a few comments “It’s call industrialization. I lost count of how many negative points in all of the series. Maybe it’s time to make some documentary of the problems in …