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As the sun set in Canberra today, another Shakespearean-worthy political plot was thickening. Prime Minister Tony Abbott’s colleagues in his …
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Genesis Energy in hunt for new CEO
Energy industry veteran Albert Brantley is to retire as chief executive of Genesis Energy at the end of the 2016 …
Read More »Steel & Tube on prowl – buys Aquaduct NZ out of receivership
Steel & Tube Holdings, New Zealand’s biggest steel distribution company, has continued its drive to grow through acquisitions, buying Aquaduct …
Read More »Mercer worst-performing stock on NZX this year
Mercer Group, the stainless steel fabricator and manufacturer, widened its annual loss after only one of its units turned a profit and …
Read More »John Key gets bank assurances after S&P warning over Auckland property market
Prime Minister John Key is confident the country’s lenders are strong enough to weather a downturn in Auckland if the …
Read More »New Mega constitution paves way for listing after backdoor route closed
Mega has updated its company constitution, making it easier for the file storage and encryption firm with more than 18 million …
Read More »While you were sleeping: Greece closer to exit
Equities dropped, while US Treasuries rose amid a safe-haven search, on concern Greece is headed for default and exit from …
Read More »Trustpower shares placed in trading halt pending company announcement
Trustpower, the power company controlled by Infratil, had its shares placed in a trading halt on the New Zealand stock …
Read More »NZ dollar falls against British pound as Bank of England minutes seen more positive
The New Zealand dollar declined against a stronger British pound after upbeat minutes from the Bank of England’s last meeting, stoking …
Read More »Bohannan resigns from Bathurst Resources
Hamish Bohannan has resigned from Bathurst Resources after five years leading a coal miner whose expansion has been put on hold pending a …
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