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The New Zealand Herald

APN names new CEO, board member

APN names new CEO, board member
Wellington, Oct 14 NZPA - APN News & Media Ltd, owner of The New Zealand Herald newspaper, has appointed a former Telecom New Zealand executive as chief executive officer and named New Zealand accountant John Harvey to its board after calls for board renewal.

Deal for Tegel could be ready by end of year

Wellington, Oct 12 NZPA - A deal for the sale of New Zealand poultry company Tegel Foods could be wrapped up by the end of the year, The Australian newspaper is reporting.

OIO dismisses Crafar report

Wellington, Sept 17 NZPA - The Overseas Investment Office has dismissed as incorrect a report that it has either rejected or suggested significant constraints on Hong Kong-based Natural Dairy's application to buy Crafar family farms in the central and lower North Island.

Lower deposit guarantee hurt South Canterbury

Lower deposit guarantee hurt South Canterbury
Wellington, Sept 2 NZPA - Wealthy investors pulling money out of South Canterbury Finance (SCF) to get below new limits for the Government's deposit guarantee scheme appear to have compounded the woes of the Timaru-based finance company.

Electricity commission investigates market breach claims

Electricity commission investigates market breach claims
Wellington, Aug 25 NZPA - The Electricity Commission is investigating allegations by power generators about non-payment of electricity market participants by clearing manager NZX on August 20.

Electricity commission investigates market breach claims

Electricity commission investigates market breach claims
Wellington, Aug 25 NZPA - The Electricity Commission is investigating allegations by power generators about non-payment by clearing manager NZX, as well as an allegation against one company by NZX.

APN has clear multi-media strategy, believes in newspapers

APN has clear multi-media strategy, believes in newspapers
Wellington, Aug 18 NZPA - The nzherald.co.nz website is highly profitable and has advertising revenues in excess of a million dollars a month, owner APN News & Media Ltd said. It said it is continuing to review opportunities to charge for content.

INM sells 5.7 percent stake in Jagran Prakashan

INM sells 5.7 percent stake in Jagran Prakashan
Wellington, Aug 5 NZPA - Independent News & Media Plc (INM) has sold 17.1 million shares in Jagran Prakashan Ltd (JPL) on Indian sharemarkets to exit the investment. The 32 million euros ($NZ57 million) it received will be used to reduce bank debt.

Corrections Department to be biggest

Corrections Department to be biggest
Wellington, July 2 NZPA - The Corrections Department will be the largest government department within a few years, Finance Minister Bill English said.

Govt butting out smoking in jails

Govt butting out smoking in jails
By Maggie Tait and Laura McQuillam of NZPA Wellington, June 29 NZPA - Former prison manager Celia Lashlie is backing prison staff union the Corrections Association over its concerns banning smoking will see more violence in jails.

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