BUSINESS - MSC NewsWire

New business leaders climate group to tackle emissions reductions in shared supply chains

A group of 60 businesses who've signed up to a new climate change initiative will tackle problems shared along their supply chains rather than continue to go it alone.

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Working people need urgent action on safe affordable rental homes

The Council of Trade Unions Secretary Sam Huggard welcomed the Renters United plan to fix renting in New Zealand as a positive contribution to the conversation on housing for working people.

Source CTU

JetBlue Technology Ventures and Air New Zealand announce innovation partnership

JetBlue Technology Ventures introduces Air New Zealand as the launch partner for new international innovation ecosystem

Source A Air New Zealand release

NZ wool market recovers from lows in latest season as demand picks up; outlook uncertain

The market for New Zealand coarse wool, which makes up about three quarters of the country's clip, has picked up from the previous season's lows as demand improved, pushing up prices and volumes

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Head of Communications change

The Reserve Bank is recruiting for a new Head of Communications following Mike Hannah’s decision to leave the role after 16 years of service. Mr Hannah will remain with the Reserve Bank as Board Secretary, and is pursuing other opportunities.

Skellerup spends US$1.1M for minority stake in US rubber company

Skellerup Holdings has bought a 35 percent stake in Wisconsin-based liquid silicone rubber maker Sim Lim Technic for US$1.1 million

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Strike action - is this the new norm?

With daily news of strike action been taken, or proposed, the EMA is worried this will become the new norm of industrial relations.

Source A EMA release

LOGOS expands into New Zealand

LOGOS has announced that it is expanding its Asia Pacific business into New Zealand with the acquisition of a property in Auckland from Fletcher Concrete and Infrastructure Limited, a subsidiary of Fletcher Building.

Source Logistics & Material Handling

Hirepool acquires TSNZ (Trench Shoring NZ)

Hirepool is pleased to announce the purchase of a 50% stake in TSNZ also known as Trench Shoring NZ. As of 1 July 2018, it will trade as Hirepool TSNZ.

Source Hirepool

PGG Wrightson says "no comment" on report of possible $600M buyout

PGG Wrightson says it has no comment on Australian media reporting that ASX-listed agribusiness company Elders is looking to buy it for $600 million

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Steel & Tube says it was struggling against bigger rivals in irrigation market before govt pulled funding

Steel & Tube Holdings' new chief executive Mark Malpass says the company paid too much enter the irrigation sector, struggled to compete against bigger rivals and ended up writing off its investment to return focus to its core steel business