Australia

In Spite of Strong Sales in Australia Ikea’s Tax Bill Dwindles

In Spite of Strong Sales in Australia Ikea’s Tax Bill DwindlesIkea's performance in Australia once again disappointed the Swedish furniture giant.

How Customers Can Avoid Uber’s New Year’s Eve Price Surge

How Customers Can Avoid Uber’s New Year’s Eve Price SurgeUber, the ride-sharing service provider is once again raising the price on the New Year's Eve to cope with the increasing demand.

Skydive the Beach buys Nzone, the Skydiving Company from Queenstown for $17 Million

Skydive the Beach buys Nzone, the Skydiving Company from Queenstown for $17 MillionNzone, the Queenstown skydiving company has been acquired by Skydive the Beach, an Australian firm for $17 mi

Auckland based A2 Milk Plans to Raise up to $43 Million Through Share Placement and Share Purchase

Auckland based A2 Milk Plans to Raise up to $43 Million Through Share Placement and Share PurchaseA2 Milk, the Auckland based company that markets milk with different protein variants which is supposed to have health benefits is planning to raise $43 million via a share placement and purchase plan. Few months back the company shelved its plans of raising equity at a time the largest of its shareholders articulated interest of a full takeover.

Meridian Energy Says Power Prices to Remain Flat for all Customers in New Zealand

Meridian Energy Says Power Prices to Remain Flat for all Customers in New ZealandThe Australian government has showed little interest in renewable energy resources and still remains greatly dependent on the coal and gas fuelled electricity generation.

Looking at the apathy to move on to cleaner Meridian Energy, New Zealand's wind power expert company sees little or no opportunities for building and new generation there anywhere in the near future.

Assurance from China’s Central Bank Helps the Australian and NZ Dollar to Edge Up

Assurance from China’s Central Bank Helps the Australian and NZ Dollar to Edge UpYesterday, as China allowed the yuan to drop at the fixing the Australian and New Zealand dollars also faced the jitters.

But with some assurance from the central Bank of China that will not allow the yuan to drop to shore up the economy, both the currencies bounced back a little on Thursday.

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