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26 Nov 2024

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Hot shot chief vodka bloke
For two days this week the 42 Below website read: "We are totally f***ing loaded." This was a statement of the obvious - it was also an obvious thing for the company to do.Gloating, showing off, or, as Geoff Ross, the bloke who...

Leaders follow the money
According to money bible Forbes, average pay of a chief executive of a Fortune 500 public company in 2004, including salary, bonus, and other compensation such as stock and pensions, was US$28,000 (NZ$42,000) a day. Every day of the...

Joint venture for $80m windfarm
NZ Windfarms has signed a joint-venture agreement with Australia's Babcock and Brown and National Power for an $80 million windfarm at Te Rere Hau in Manawatu, it said yesterday.The deal is subject to conditions, which must be...

Tindall's break has analysts puzzling over his next move
Fund managers are scratching their heads over Warehouse founder Stephen Tindall's next move in his bid to take the business private.Tindall was to have presented his plan to the company's board this week but cancelled that meeting...

Airport's overseas arrivals down again
The number of international visitors travelling through Auckland International Airport continued to fall in August compared with the same month last year.Total international passengers fell by 1.2 per cent to 470,494.That...

Hirst bids for Feltex as going concern
And then there was one.Australia's Godfrey Hirst has emerged as the sole bidder for carpet-maker Feltex.McGrathNicol - which took control of the firm last week after Feltex's lender ANZ called in its $135 million loan - said...

'Survivor' ethnic experiment over after 2 shows
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Report: Anna Nicole 'marries' lawyer boyfriend
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Talk of IPO slowdown unsettles City of London
LONDON - The London Stock Exchange signalled yesterday that an ebullient market for initial public offerings may be running out of steam, days after four banks failed to get away a float of the Hogg Robinson travel business.Quarterly...

Barramundi IPO raised to $100m
Fund manager Fisher Funds will seek to raise up to $100 million in an initial public offering for Barramundi.Barramundi aims to provide investors with access to a diversified portfolio of smaller, growing Australian companies.Fisher...

Soccer club shares no longer just for the fans
LONDON - Investing in football club equities was once the domain of the staunch supporter, interested more in hanging a share certificate on the wall than making money.But, of late, football shares have been attracting far more...

Hallenstein sidesteps growing pains
Hallenstein Glasson announced record profits yesterday, but revealed it is suffering growing pains in Australia.The company reported a net profit of $21.7 million for the year to July 31, up 12.7 per cent on the previous year....

Former DHB Chief defends waiting lists

EW review: Whitaker amazing as Amin in 'King'
Ugandan dictator Idi Amin, who terrorized his country in the 1970s and died in Saudi Arabian exile in 2003, granted himself many outlandish titles during his heinous eight-year reign, among them President for Life, and Lord of All the Beasts of the Earth and Fishes of the Sea.