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The Warehouse sells finance branch

13h radionz.co.nz
It is selling the business to Finance Now, a company owned by the SBS Bank, for $18 million, although The Warehouse will write off $16m in this year's accounts relating to the finance company's IT systems.

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UPDATE 1-U.S. financial regulators to discuss MetLife lawsuit next week

2017-07-21 reuters
WASHINGTON (Reuters) - Heads of the U.S. financial regulatory agencies will meet behind closed doors next Friday to discuss MetLife Inc's (MET.N) lawsuit against them, according to a notice from Treasury, as the Trump administration wrestles with reforms put in place in response to the financial crisis.

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Finding renewal in New Zealand’s birthplace - San Francisco Chronicle

2017-07-22 sfchronicle
The sun sets, and it takes three steps from the roadside to be absorbed into a wall of green. Birdsong falls into the air like liquid silver, haunting and exquisitely garbled. The twitters, trills and creaks weave in with the feathery ferns and towering kauri trees of the Waipoua Forest, the largest remaining tract of native forest in the Northland.

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'Pompous old farts' get better of ousted Fletcher chief Mark Adamson

2017-07-20 smh.com.au
 There has been carnage across the ditch where New Zealand's biggest construction group, Fletcher Building, announced its second profit downgrade in a matter of months despite the country experiencing a building boom.

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Fletcher Building chief executive steps down

2017-07-19 radionz.co.nz
The company, which is one of the biggest listed in New Zealand, has revised down its earnings guidance.

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Auckland taxi fares double Sydney's - index

2017-07-19 radionz.co.nz
Auckland taxi prices are some of the most expensive in the world according to a new report.

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Big Australian banks told to hold more capital, on notice over mortgages

2017-07-19 cnbc
Australia on Wednesday ordered the country's biggest banks to raise capital for the second time in two years and signalled further action to shore up their burgeoning mortgage books, potentially squeezing shareholder returns.

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Dollar edges off lows against euro, central banks eyed

2017-07-19 in.reuters
NEW YORK (Reuters) - The U.S. dollar rose against the euro on Wednesday a day after touching a more than one-year low, but it hit a more than three-week low against the yen as traders awaited meetings of the European Central Bank and the Bank of Japan.

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James Murdoch joins Tesla's board after pressure from investors

2017-07-19 smh.com.au
Tesla moved to diversify a board that some investors have complained is too closely tied to chief executive officer Elon Musk, adding two executives from major media companies.

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Markets Live: Bank capital fears fuel ASX selloff

2017-07-19 smh.com.au
Losses on the ASX accelerate, pulling the index below 5700 points, while the Aussie dollar rallies to a fresh two-year high following the RBA minutes. 

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Big bank anxiety pulls ASX below 5700

2017-07-19 theage.com.au
Investor sentiment soured on Tuesday, as steep bank losses ahead of the release of new capital requirements combined with a rally in the Australian dollar, which weighed on exporters, to pull the benchmark index below 5700 points.

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Big bank anxiety pulls ASX below 5700

2017-07-19 smh.com.au
Investor sentiment soured on Tuesday, as steep bank losses ahead of the release of new capital requirements combined with a rally in the Australian dollar, which weighed on exporters, to pull the benchmark index below 5700 points.

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Wizz Air eyes lower costs after banking record profits

2017-07-19 telegraph.co.uk
Low-cost carrier Wizz Air reckons its plan to move to larger planes and own some of its fleet will propel earnings further after it reported record first-quarter profits.

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Markets Live: Bank capital fears fuel ASX selloff

2017-07-19 theage.com.au
Losses on the ASX accelerate, pulling the index below 5700 points, while the Aussie dollar rallies to a fresh two-year high following the RBA minutes. 

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James Murdoch joins Tesla's board after pressure from investors

2017-07-19 theage.com.au
Tesla moved to diversify a board that some investors have complained is too closely tied to chief executive officer Elon Musk, adding two executives from major media companies.

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Senate Republican healthcare bill, Obamacare repeal unlikely - Business Insider

2017-07-18 businessinsider
The Republican effort to repeal and replace Obamacare in one fell swoop appears to have crumbled Monday, and another revival doesn't appear likely.

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