Unlimited NewsWatch
Tuesday, 11 September 2007

Domestic News

[ Read international news ]

Fewer viewers blamed for TVNZ loss
For the first time in its history, Television New Zealand will not be paying a dividend to taxpayers, after posting a $4.5 million loss - blaming shrinking audiences. — Stuff

US turmoil set to hasten NZ dollar's fall
The New Zealand dollar's recent slide is set to continue this week as concerns mount that US economic problems could weigh on global growth. — NZ Herald

It's on the house - 14pc growth tipped to slow
Rising house prices again drove New Zealand's household wealth higher during the June quarter, but indications of a cooling property market mean those gains may soon slow to a trickle, fund manager Spicers says. — NZ Herald

Doubts cast over third mobile network's timing
New Zealand Communications is facing obstacles to its plans to enter the mobile market as a network operator by the middle of next year. — NBR

Fronde calls lawyers over Google patent
New Zealand mobile application developer Fronde has referred a new US patent lodged by search engine giant Google to its lawyers. — Computerworld

Chch company has snack fit for a prince
A Christchurch specialty food-maker has been a hit with a member of the United Arab Emirates (UAE) royal family and a 35-strong hunting party here last week. — Stuff

International News

[ Read domestic news ]

Salary balm for Qantas chief
THE failure of the $11 billion private equity bid for Qantas may have deprived chief executive Geoff Dixon of tens of millions of dollars in longer-term bonuses and share payouts but he has cushioned the blow with a $2 million salary increase. — Sydney Morning Herald

Japan's economy shrinks, adding to global concerns
Japan's economy contracted in the second quarter of 2007 as firms cut spending on new factories and equipment, the government said Monday, adding to jitters over the global economic climate. — Channel NewsAsia

Disney to test toys based on its characters
Reacting to three separate recalls of Mattel toys found to contain unsafe levels of lead paint, Walt Disney has said that it will begin its own testing of toys featuring Disney characters, including random testing of products already on store shelves. — International Herald Tribune

Coke groggy after battle for zero
COCA-COLA Amatil's push into the alcoholic beverages market has hit an early hurdle, after it was forced to rebrand its first new product after a trademark stoush with Foster's. — The Australian

Apple Shares May Recover From IPhone Price-Cut Shock 
Apple Inc.'s Steve Jobs led a revival that saved the computer maker, and survived a stock- options scandal.— Bloomberg 

Little progress on halting Iraq's decay
The US troop surge in Iraq has been accompanied by a similar surge in the amount of US funds devoted to Iraqi reconstruction - but with just as debatable an effect. — BBC

Vodafone takes on the iPhone
Vodafone is going head to head with this year's most hotly anticipated gadget, Apple's iPhone, with the launch of a competing mobile music service. — Guardian



This email was sent to [email address suppressed]
Click here to instantly unsubscribe.



Privacy statement

For info on advertising contact advertising@infego.co.nz
Unlimited Newswatch is compiled by Mark Revington