Mighty River buys back its shares

The Government sell-off of Mighty River Power took yet another twist today.

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• Wall Street slips as debt deal falters

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• Strong recovery in UK, Europe

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• Tax system punishes KiwiSaver users a FSC

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• Dire consequences loom if debt deal fails

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• Rich students flock to central London

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• NZ flower growers squeezed by foreign imports

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• Haast landslide affects Wanaka tourism

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• World wants solution as US deadlock continues

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• UK's Royal Mail valued at A3.3bn

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• Independent Fisheries to lay off hundreds

  As many as 200 jobs could be axed as Independent Fisheries looks to close its Woolston processing plant.

• MRP shares up on buyback plan

  Mighty River Power shares have lifted after the company announced it will buy back up to $50 million of its own shares.

• DC thaw sees Wall St rebound

  The thaw in relations between the two sides In Washington DC has seen stocks rise on Wall Street.

• Mighty River buys back its shares

  The Government sell-off of Mighty River Power took yet another twist today.

• Reserve Bank changes may impact building rates

  The Reserve Bank has revealed that more than 4000 fewer houses could be sold a year as a result of its new mortgage lending limits.

• UK gamblers bet on the US govt shutdown

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