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NZ dollar rises to two-month high against the Australian dollar

NZ dollar rises to two-month high against the Australian dollarAccording to the latest data, the New Zealand dollar rose to its two-month high against the Australian dollar after inflation outlook and a surge on bonds in that country put pressure on the Australian national currency.

Tribune Publishing’s Chairman Michael Ferro says ‘We’re not for sale’

Tribune Publishing’s Chairman Michael Ferro says ‘We’re not for sale’

Last month Gannett, the publisher of USA Today made a takeover offer for Tribune Publishing offering it $12.25 a share. The deal included $390 million in debt and was an all-cash deal that Tribune rejected.

Chairman of the Gannett Board of Directors, John Jeffry Louis, said that the rejection by Tribune confirms their board "never intended to engage with us."

Amazon Struck a Deal with Atlas Air Worldwide to Lease Twenty Cargo Planes

Amazon Struck a Deal with Atlas Air Worldwide to Lease Twenty Cargo Planes

For years, Amazon has been building its transport strategy without much noise. A report in 2013 to the senior management proposed a huge global expansion of Fulfillment By Amazon service. It provides storage, packing and shipping facilities for independent merchants who sell products on Amazon's website.

Wendy's scraps plans to serve alcohol at an outlet in Christchurch

Wendy's scraps plans to serve alcohol at an outlet in Christchurch

Wendy's fast food chain has indicated that it has scrapped plans to serve alcohol at one of its outlet in the city of Christchurch in New Zealand.

Canstarawards 5-star rating Warehouse Money Purple Visa Card

Canstarawards 5-star rating Warehouse Money Purple Visa Card

Prestigious rating agency Canstar has announced that it is awarding a 5-star rating to Warehouse Money Purple Visa Card, which was launched just six months earlier.

Shares of Synacor Climb on Wednesday with New AT&T Deal

Shares of Synacor Climb on Wednesday with New AT&T Deal

With portal service contracts from AT&T, shares of Buffalo, N. Y. based Synacor climbed more than 119 percent on Wednesday during the afterhours trading.

The companies said the revenues expected from the contract will be approximately $100 million a year following the full product operation in 2017. The early products will get be launched in the second quarter of 2016 and further products will come by the last quarter of 2016.

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