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Telecom and Ebos up as NZ shares buck the trend
The New Zealand sharemarket rose yesterday when many other markets were weak and a large volume was traded in the shares of New Zealand Oil & Gas, the 29 per cent shareholder of Pike River Coal Ltd.
CEO pay lifts off as profits stagnate
The Business Herald's executive pay survey shows the number of chief executives being paid more than $1 million jumped from 26 to 32 between 2008 and 2009.