
Lewis Road Creamery sold
Southern Pastures is now the owner of premium milk company Lewis Road Creamery.The dairy investor, which owns and operates farms in Waikato and Canterbury, already owned 50 percent of Lewis Road. Lewis Road founder Peter Cullinane said the sale was a “fantastic conclusion” to a j...

Elon Musk's Starlink to offer NZ service - report
Starlink, the subsidiary of Elon Musk’s SpaceX that puts satellites into low orbit to provide internet access, has recently registered as a company in New Zealand.According to a report in Tesmanian, the company was originally registered in-country on Sept. 23, 2019 as Tibro New Z...

FMA bill a 'missed opportunity,' Fidelity Life says
The failure to address high upfront commissions in the Financial Markets Amendment Bill was a "missed opportunity" and it was now unlikely anyone will reduce commissions and risk losing market share, says Fidelity Life chair Brian Blake.Blake said the industry as a whole hadn'...

IkeGPS shares jump 21% on US deal
Precision measuring software firm IkeGPS’s share price jumped 21.1 percent to all-time high of $1.09 on news of a potentially significant new commercial relationship with a major US-based utilities company.The deal will see a north-eastern utilities provider with annual revenues...