Wellington, Aug 26 NZPA - New Image Group Ltd has reported a 52.62 percent fall in bottom line profit to $7.4 million in the year to June 30 and will pay a half cent a share final dividend.

Wellington, Aug 26 NZPA - Singapore-based commodity company Olam International Ltd said it has consent from the New Zealand Overseas Investment Office for its takeover offer for NZ Farming Systems Uruguay Ltd (NZFSU).

Wellington, Aug 25 NZPA - The Serious Fraud Office (SFO) said it has laid over 100 charges under the Crimes Act against Nicholas Kirk, Marcus MacDonald, Anthony Bowden and Neill Williams who are associated with the collapsed Five Star Finance Group.

Wellington, June 11 NZPA - Pip Dunphy has been named chairwoman of New Zealand Clearing and Depository Corp Ltd (NZCC), a wholly-owned subsidiary of NZX Ltd.

Wellington, April 28 NZPA - NZ Windfarms Ltd today detailed commitments it had received from major shareholders as part of its $31.4 million rights issue, which closes tomorrow. Shareholders have the right to buy eight new shares for every three held at 15c each.

Wellington, April 23 NZPA - It is not a surprise that the Government looks likely to privatise areas of the Accident Compensation Corporation (ACC), Green Party MP Kevin Hague says.

Wellington, April 23 NZPA - The Government seems likely to open up Accident Compensation Corporation to competition from private insurers.

Wellington, Feb 9 NZPA - Drones that trick motorists using radar detectors into slowing down are just another method of speed control, Transport Minister Steven Joyce says. "I just think the whole thing is a bit of a cat and mouse game," Mr Joyce told reporters this morning.

Wellington, Jan 14 NZPA - A company providing payment protection insurance is to pay a total of about $37,000 to 44 claimants after admitting a possible breach of the Fair Trading Act, the Commerce Commission says.

By Maggie Tait of NZPA