Top Business Stories for Monday, Apr 27

Lion Nathan's Newmarket brewery. Photo / Glenn Jeffrey

Top business stories from nzherald.co.nz for Mon, Apr 27:

Business as usual in NZ, says takeover target Lion Nathan
Brewer Lion Nathan said it is business as usual in New Zealand where it employs 1300 people as its Japanese shareholder Kirin bids for the shares it does not own in company.

Telecom reveals May 13 launch for new 3G network
Telecom's new 3G mobile network will be open for business earlier than expected, with the company saying services on the XT Network would be available to customers from 6.30pm on May 13.

NZX profits up 40pc for March quarter
Sharemarket operator NZX lifted first quarter net profit 40 per cent from a year earlier to $3.04 million, despite turmoil in world financial markets.

Analysts divided on how low Bollard's rate cut should go
Reserve Bank Governor Alan Bollard is expected to cut the official cash rate again on Thursday and to reinforce the message that he expects rates to stay low for an extended period.