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Budget unlikely to include tax cuts, indicates New Zealand FM

Budget unlikely to include tax cuts, indicates New Zealand FM Bill English, the Deputy Prime Minister and Minister of Finance of New Zealand, has indicated in a pre-budget speech at an industry event that

Average housing price rise to $450,000 in Christchurch

Average housing price rise to $450,000 in ChristchurchAccording to the latest data available, the average price of homes in Christchurch rose to a whopping$450,000 during the month

NZME in talks with Fairfax for a possible merger

NZME in talks with Fairfax for a possible mergerFairfax New Zealand Limited and New Zealand Media and Entertainment are in talks for a possible merger.

Credit Suisse records its second quarterly loss

Credit Suisse records its second quarterly loss

Global financial giant, Credit Suisse Group has recorded its second consecutive quarterly loss amid difficult financial situation.

SBE Entertainment Group acquires Morgans Hotel Group for $82 Million

SBE Entertainment Group acquires Morgans Hotel Group for $82 Million

SBE Entertainment Group, which owns the SLS Hotels brand, has announced that it has acquired New York-based Morgans Hotel Group Co. for $82 million.

Greeters to return to Wal-Mart gates

Greeters to return to Wal-Mart gates

Leading retail giant, Wal-Mart has said that it will bring back door greeters to a majority of its 5,000 stores in the coming months in order to improve customer service at its stores.

The company has also said that it will position a customer host at stores that are at a higher risk of theft. The role of the customer host will not only be to greet customers but also check receipts to prevent theft. The company stores faced a problem with theft in the previous year. The customer hosts will be trained to help prevent thefts at stores.

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