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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 20 Mar 2002 17:45:58 -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 http://www.sharechat.co.nz/services/newsalert.php.

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Interest rate raised to 5%

The Reserve Bank has moved quickly to put the brakes on the strong local 
economy by increasing the official cash rate 25 points to 5%

http://www.sharechat.co.nz/news/scnews/article.php/2f47f0db

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Aussie pizza prospects for Restaurant Brands

Restaurant Brands is expanding into Australia with an agreement to acquire 51 
underperforming Pizza Hut stores in Victoria

http://www.sharechat.co.nz/news/scnews/article.php/609238b8

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Administrators clear the air over asset stripping

Air New Zealand is pointing to a release from Ansett's administrators as 
further evidence that allegations of asset stripping at the Australian airline 
are groundless

http://www.sharechat.co.nz/news/scnews/article.php/5e85d0fa

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Reserve Bank hike unpopular

There's plenty of grumbling over the Reserve Bank's decision to raise interest 
rates with one business group claiming that New Zealand was the last country to 
bring rates down but the first to put them up

http://www.sharechat.co.nz/news/scnews/article.php/7ed5917f

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GPG bids for Enza

Guinness Peat Group has moved to take control of secondary-listed pipfruit 
company Enza with an offer to purchase 100% of the company

http://www.sharechat.co.nz/news/scnews/article.php/ceabe26c


Best Regards

The ShareChat Team

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