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Forum Archive Index - July 2002

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[sharechat] Daily ShareChat News Summary

From: "The ShareChat Team" <>
Date: 24 Jul 2002 18:34:48 -0000

Hi everyone, here's the summary of the ShareChat News from yesterday. 

If you'd like to receive notification of breaking news stories and 
features from the ShareChat editorial team as soon as they're 
available, please subscribe to the ShareChat News Alert Service, 
using the form at


Law change still expected in potential Air NZ-Qantas deal

Competition concerns are growing after confirmation from Finance Minister 
Michael Cullen that Qantas is talking with Air New Zealand about taking a 
cornerstone shareholding in the kiwi carrier


NZ moves up business readiness rankings

New Zealand has slightly improved from 20th to 18th in the world in terms of 
its appeal for conducting business over the next five years, according to an 
offshoot of the respected Economist magazine


Directors Institute calls for more financial disclosure

The Institute of Directors has backed a judge's call for more financial 
disclosure by companies


Tower to divest trustee business

Australasian financial business Tower Ltd has decided to sell part or all of 
its personal and corporate trustee business, saying it does not fit with its 
strategic position


Auckland councils seek power to benefit from UnitedNetworks sale

Three councils in the Waitemata area are seeking the power to sell their 
collective 10.7 percent stake in energy company UnitedNetworks


Tranz Rail placed on creditwatch

Struggling rail operator Tranz Rail took another body blow today as ratings 
agency Standard and Poor's placed the company on creditwatch

Best Regards

The ShareChat Team

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