Top business stories from nzherald.co.nz for Thurs, Apr 02:
Fullers Ferries changing hands for $40m
Infratil subsidiary NZ Bus is selling its interest in Auckland-based ferry operator Fullers Ferries for $40 million.
Scammers target City of London redundancy payoffs, says regulator
Sacked workers are falling victim to investment scams which falsely promise big returns on redundancy payouts, the City regulator warns today. Millions of pounds in compensation risk being sucked into Bernie Madoff-style Ponzi schemes uncovered by UK finance regulator, the Financial Services Authority.
Swiss bank bans overseas travel as US tax probe continues
ZURICH - Swiss bank UBS AG, which is being investigated by the US for tax fraud, said that it has forbidden its travel client managers from travelling abroad.
Telecom cuts prices - and angers rivals
Competition in the broadband market is forcing Telecom to slash its wholesale price, angering rival network builders.
