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Air NZ fits blended winglets to wings of 767 aircraft

Air NZ fits blended winglets to wings of 767 aircraft

Air New Zealand hopes to reduce its fuel consumption by more than six million litres a year, by fixing a new 3.4m high wing tips on its fleet of Boeing 767 aircraft.

Today, the airline's first Boeing 767-300ER aircraft, fitted with blended winglets, landed at Auckland International Airport. 

With the help of the blended winglets, the aircraft’s wings become more efficient, as they cut the drag; thereby reducing fuel use and emissions.

Recession fails to affect performance of NZ businesses

Recession fails to affect performance of NZ businesses

A survey conducted on 1,400 businesses has shown that majority of New Zealand firms were holding their own in the economic downturn. 

It was found by the MYOB Business Monitor, a survey conducted by Colmar Brunton, that 60% of the companies surveyed have confirmed that profitability had stayed the same or improved over the past year.

The firms’ actual performance was observed by the survey, carried out in May and June; instead of its confidence, said New Zealand MYOB general manager Julian Smith.

Westpac agrees to lend more to home buyers

Westpac

The third biggest bank of New Zealand, Westpac has specified that it is ready to lend to home-buyers with less than a 20% deposit - but at a cost.

Hong Kong court rescinds freeze of ‘runaway millionaire’ funds

Hong Kong court rescinds freeze of ‘runaway millionaire’ funds

It has been learnt that two orders freezing the funds of a fugitive Rotorua gas-station operator Leo Gao have been withdrawn by a Hong Kong court. Mr. Gao fled to China after he was mistakenly granted a $10 million overdraft.

The sum of $6.73 million was transferred by him to accounts in China and Hong Kong, including with Wynn International Marketing before police became aware of the case.

Metiria wins while Bradford loses the battle for the Green Party co-leadership

Metiria wins while Bradford loses the battle for the Green Party co-leadership

Though Sue Bradford could not win the battle for the Green Party co-leadership, she is determined to remain working as a Member of Parliament. Ms. Bradford told this to her colleagues soon after the results were out.

Metiria Turei won the race for the new co-leader of the Green Party and soon when the announcement was made, Ms Bradford left the Greens conference.

Now Ms. Turei would replace outgoing co-leader Jeanette Fitzsimons, who is stepping down from the job after 14 years.

Articles on Wikipedia no longer can be edited by members of Church Scientology

Articles on Wikipedia no longer can be edited by members of Church Scientology

Following a long-running dispute about biased articles, ban has been put on Church of Scientology members from editing Wikipedia articles about their church.

After complaints that the site was being used to promote propaganda, the online encyclopedia's arbitration committee voted to block contributions from computers owned by Scientologists.

The site was already forced to lock entries about the church, which counts Tom Cruise and John Travolta among its celebrity members due to the issues between pro- and anti-Scientology users.

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