KiwiSaver providers Booster and Simplicity say they will shift all their core international shares investment to a new ethical fund announced by fund manager Vanguard today.

Read more ($): https://www.nbr.co.nz/article/vanguard-launches-cluster-free-fund-kiwisavers-th-p-195992

Iraq Security Forces (ISF) are slowly moving to encapsulate the northern Iraqi city of Mosul to contest the Islamic State (IS) for control. After one week of combat operations, the fight is not yet for the city but rather the outlying towns. ISF elements are clashing with determined IS fighters, reportedly killing 300 of the militants while sustaining moderate damage themselves.

Read more ($): https://www.nbr.co.nz/article/foreign-affairs-slow-mosul-advance-and-ddos-hits-us-websites-ns-p-195881

Prime Minister John Key says the Hobson’s Pledge group has misread the public mood on race relations.

Read more ($): https://www.nbr.co.nz/article/key-hobsons-pledge-group-nz-different-place-now-rh-p-195910

A partial takeover offer for NZX-listed Airwork is “probably the greatest opportunity it’s ever going to see,” says its majority shareholder Hugh Jones.

Read more ($): https://www.nbr.co.nz/article/airwork-takeover-‘-greatest-opportunity’-jones-th-p-195902

Westland Milk’s quest to refocus its business on the lucrative value-add market has contributed to a loss of almost $15 million.

Read more ($): https://www.nbr.co.nz/article/westland’s-value-add-expansion-pulls-earnings-red-jw-p-195959

"Dick Smith, bless it, went into receivership on January 4 and the following day tripped into voluntary administration. Across the ditch, it appeared to enter receivership and administration on the same day."

Read more ($): https://www.nbr.co.nz/article/pumpkin-patch-exposes-holes-insolvency-law-195941

Pumpkin Patch receivers will try and maximise the Christmas trading period to help recover the debt owed to ANZ, a banking expert says.

Read more ($): https://www.nbr.co.nz/article/pumpkin-patch-appoints-administrators-195884

The greenback has risen to its highest level in eight months as expectations strengthen for a December interest rate rise from the US Federal Reserve.

BNZ currency strategist Jason Wong says this strengthening has been especially evident this month.

Ben Schrader’s new book, The Big Smoke: New Zealand Cities 1840-1920, seeks to dispel the tenacious myth that this is a predominantly rural nation and put the country’s urban centres at the, well, centre of the nation’s narrative.

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