Port of Auckland in 2011, leaving Chief

Port Director Jens Madsen has a port of Auckland in late February 2011.

Port Said, that Mr. Madsen was told about his decision to resign.

Mr Madsen said in the last five years to ports "a very important part of his career and life, and glad to leave the organizations and businesses in a strong position.

The President thanked Mr. John Lindsay Madsen significant contribution to business success and we wish him well for the future.

Mr. Madsen is the director of port operations in February 2006. The 28-year career with the largest shipping group AP Moller Maersk, the world. He founded and led the group Maersk New Zealand 1996-2000.

The port is owned by the Auckland Council operates the largest container port in New Zealand. The total volume of container is 49 per cent of container trade and 36 percent of the total trade of the North Island of New Zealand container.

New Zealand Herald editorial, said in August that a decision must be made quickly if Auckland does not become a regional port. Waterfront Development Agency have met with the Board of Investment Auckland, the organization's council-controlled ports controlled by a plan that aims for the future of commercial ports, but also the public interest to generate at least reduce the spread of the city from that due to port to accommodate larger vessels
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Kiwi manufacturers enjoy more benefits from automation

Kiwi automation and robotics company Scott Technology has reported an increase of several million dollars in revenue last year.

Now, the company reported profit before tax of $ 5,500,000 in income from operations of $ 46.6m for the year ended August 31, 2010, compared with the results, each for $ 400,000 and $ 31,300,000 years ago.

"These results are very encouraging that the success of the current economic turmoil," said chairman Stuart McLauchlan in a written statement today.
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Scott Technologies operates in Dunedin, Christchurch and Auckland and has sales and service network in the United States, Italy, Turkey, China and Australia.

The company specializes in innovative design and manufacture of automatic machines, with special attention to the market and meat processing equipment.

Spend nearly $ 7,000,000 of research and development over the last year.

Net profit after tax for the year was $ 3,900,000, compared with $ 300,000 a year ago, and amortization decreased $ 1,100,000 to the changes imposed by the depreciation of buildings.

Operating cash flow $ 4,500,000 be used to reduce debt, purchase additional capital and pay dividends. The company ended the year with total assets of 36.6 million dollars and a bank loan of $ 3,900,000.

Directors Scott Technology has announced a final dividend of four cents per share, bringing the total dividend of 5.25 cents, after payment of dividends in March.

Action (NZX: SCT) traded unchanged at $ 1.25

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New Zealand Government announced a number of important issues of electronic waste

Environment Minister Nick Smith announced today that it will use $ 1,150,000 in grants from the fund to finance waste reduction eDay 2010 and a new national network of electronic waste.

"New requirements on more than 80,000 tons of electronic waste, the landfill every year to recover and recycle resources, reduce pollution Zealand," said Dr. Smith.

"Our strategy is to support eDay 2010 to coordinate the collection and raise the profile of e-waste, but also to finance new initiatives to ensure better recycling and waste management."

First today announced the award of $ 750,000 to the year 2020 is running the trust Communications eDay more than 40 locations throughout New Zealand, the event on November 6, 2010.

The second bounty of $ 400,000 is a joint venture between RCN and the community recycling network, a national network of 20 permanent deposit of electronic waste and develop recycling facilities in Auckland, Wellington and Christchurch.

"We have to take over eDay lasting solutions for e-waste New Zealand, where we met and the ability to recycle all year," said Dr. Smith.

eDay popular event got in trouble last year when authorities discovered that permit export minister to hundreds of tons of garbage collected is not checked.

Dr Smith said that this year's eDay e-waste professionals to ensure best practice in waste management and recycling. "

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Suzuki shares held in reporting

Japan's Suzuki Motor shares rose almost 5 percent Wednesday after a newspaper report that it plans to shift production overseas because of some strong yen motor.

car maker rose 4.91 percent at 1945 yen in the afternoon, boosted by a report in the Asahi Shimbun.

However, Suzuki has denied the story, saying he was not familiar with the annual production plan of 800,000 vehicles in factories in Japan for domestic sales and exports declined.

"We said we wanted to change the shipping to Hungary and Indonesia, then build the machinery for local purchases, given the strong yen," said a company spokesman.

"When the output of the machine (in Japan) is not reduced to 800,000, but domestic demand fell," he said.
However, the report encourages the purchase of Asahi.

"It's in the sense that the company can better cope with the impact of a strong yen is positive," said a fund manager of a Japanese asset management company, Dow Jones Newswires.

Japanese money manager Add reduces Tuesday also led to repurchase Suzuki as a new investor caution amid growing fears of overheating in the Indian market, offering 50 per cent.

This company has faced increased competition in the domestic market Toyota Motor announced, giving a mini-car market. - AFP

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Find the best jewelry in the world mate

Michael Hill, New Zealand jewelry is an international competition for "World's Best Partner" and offers some managed to launch 22-carat diamond ring princess.


Retailers began looking for the best pair in the world competition at Rockefeller Center to New York this month, an online magazine jewelry.

An American reality TV player Kim Kardashian - Showing along with her sister Kourtney, a new show in New York - will play in the presentation model.

Here, CEO Michael Hill will visit nine cities to present a diamond ring.

Couples need to participate in the competition to compete in a series of online challenges, and the jury will select the winner from six selected partners.

Pairs winners will travel to Chicago on the diamond, that Mr. Hill said that one of the highest amount of jewelry he had ever seen presented. Ring 22-carat diamond surrounded by 0.60 carats set in platinum accented.

"Court's clarity, color and carat absolutely brilliant," Hill said in a statement.

The contest is open to couples in Australia, New Zealand, the United States and Canada, while they were engaged or married.

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IOC gives nod to India's candidate for the Olympics

International Olympic Committee president, Jacques Rogge, offered India the green light for 2020 Olympics

Month doubts about India can be arranged with the Commonwealth Games, to say nothing of the Olympics is different from optimism, caution after a spectacular opening ceremony on Sunday night without incident - at least as wide as the world runs.

Local Delhi, a different perspective on the country brand new metro station, on the ground for over an hour on the train travelers along Route 15 km Olympics.

And if the Jawaharlal Nehru Stadium came, they had to do with a tail 2 km long active in security control.

However, none of whom identified with the outside world, and Rogge, who is the special guest at the opening ceremony. Then he blows the lives of some committee chairman Suresh Kalmadi predictions appear in New Delhi last week, did not follow the Olympics as a springboard for India in Olympics.

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is the "basis" for the Olympic bid in 2020, Rogge said the games organizers in India in the party after the opening ceremony.

British Minister for Sport and Olympic Hugh Robertson said he saw no sign of India should not host the biggest sporting event on earth.

"Every global sporting events do not have to keep the U.S. and Western Europe," he said. "They have to travel all over the world, and should do, morally.

"I wanted India to create a fantastic success and confidence to organize other events."

Olympics come to London in 2012 specified followed by Rio de Janeiro in 2016, the IOC under pressure to eventually send the game in Africa - the continent was not only hosted the Olympic Games outside Antarctica.

But also the most populous country, China, two tests failed because comparable with the 2000 Sydney Olympics, it is possible that the Indians in the face of good faith with them and share the effort to shoot serious to begin to establish the needs of Olympia 2024

But India first is the ability to demonstrate, at least in the multidisciplinary management for sporting events, and fell at the first hurdle yesterday when the balance is made with boxing tournament in failure.

Many believe that the size of the organizers of the available fighters, weighing in to check your weight before it surrendered to officers at the front of the sauna, when it seems that exceeds his weight class.

They come to look outside the sauna, which has been waged to say that the test scale.

It was noted that the official Olympic weight 50 kg when the size of the test 51.43kg fighters sweat for no reason, loss of power of the media in a process in place.

There are so many protests by coaches from various countries, which now seems in danger of boxing on the previous day.

Finally, the committee was forced to leave anything heavy and re-scheduled for today, the first day of competition, but shemozzle to alleviate concerns other sports would suffer the same problem.

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Roll back the yen against the dollar in the short term rally

Tokyo:  The dollar edged higher Monday in a short covering rally against the yen, which weakened against other currencies as investors took off their yen positions ahead of the Bank of Japan monetary policy this week. To little surprise, the meeting of the Bank of Japan, which ended on Tuesday, with the hope that policy makers, the tool is an inexpensive way to extend a bid to support the economy.

However, some traders said the dollar for a small speculation in the market that can take all the steps in the yen-selling intervention by itself if the player is not expected that you will help before the IMF meeting. Financial management to meet the International Monetary Fund meetings this week and keep the concept of exporting their currencies weak profits tend to be a hot topic. short dollar positions built as Fed expected to give near quantitative easing, followed by a sluggish U.S. economy a boost.

"This is negative for the dollar, but the situation in the short term the market can cost a lot," said Masafumi Yamamoto, head of currency strategy at Barclays Capital Japan. Traders said the dollar remained at 83.40 yen and up to 83.60/70 yen caused it as high as 83.88 yen. Reach its lowest level in 15 years 82.87 yen on September 15, shortly before Japan intervened for the first time in six years to ban removal yen strength, and the market must be careful to sell the dollar too aggressively against the yen since then.

Cabinet Secretary, Yoshito Sengoku, said in an interview with Reuters at the weekend that moves the yen is too speculative. But the report also provides U.S. $ 84.00 yen distributor above, covered with a limited profit. Increased by 0.4 percent to 83.56 yen. swelling of currency speculators bet "against the dollar at $ 22000000000 show week to 28 September, the highest since at least mid-2008, data from the Commodity Futures Trading Commission.

Long positions in the euro rose to 35,330 contracts from 5097 last week, while a long position in yen rose to 28 666 23 100 contracts. Euro, the highest in more than four months reached 115.29 yen and at a standstill. Which rose 0.3 percent to 115.15 yen a day. Euro is a quick run through the level of $ 1.3800 the strongest since mid-March at the very early Asian trading, but later moved into marketing contracts in the Middle East banks, "said one Canadian bank agent.

Fell 0.2 percent to $ 1.3760, but still stuck to most of the gains from Friday when it rose to 1 percent. "Even a big problem in Europe, apparently still only alternative to the U.S. when it comes to the diversification of foreign reserves," said Robert Ryan, senior currency strategist at BNP Paribas in Singapore. U.S. dollar index rose slightly by 0.2 percent to 78.195, after reaching an eight-month lows on Friday, 78,029.

Data on Tuesday showed U.S. manufacturing slowed last month, and inflation to remain vigilant in August to start the door open for the Federal Reserve, a new round of reductions. Two Fed policy makers also said any further action, unless the prospective customer may need to improve and investors see this Friday's employment data for further instructions. Australia has a short holiday on Monday.

The Australian dollar by 0.2 percent to $ 0.9696, but still nearly two years of high $ 0.9751 set on Friday. Central Bank to review rates on Tuesday and is seen as more likely than not to increase the cash rate by 25 basis points to 4.75 percent, although that decision has not been much to be done. If not, the movement for the first time since May

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