Recent Posts

Carbon recycler LanzaTech narrows loss to $34.7M, shifting into commercialisation phase

LanzaTech New Zealand, the NZ-founded carbon recycling company, narrowed its annual loss as the company shifts into commercialisation from its previous development phase. The company reported a loss of $34.7 million in calendar 2014, smaller than the loss of $40.5 million a year earlier, according to financial statements lodged with the Companies Office. Including $2.8 million of exchange differences on foreign …

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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 registered users to list after a failed attempt to join the NZX through a back-door listing earlier this year. The company filed a new constitution to the Companies Office on July 6 which added specific provisions for listing the company, stating that the “board …

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China Markets Slump: The World Reacts – NZ INC’s Best of the Web

Wednesday July 8 The Guardian leads with Chinese stocks tumbling again after Chinese Premier Li Keqiang’s failure to mention the deepening market crisis in a statement on the economy. Li had said yesterday before the market opened that China had the confidence and ability to deal with challenges faced by its economy. But he had nothing to say about the …

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