Newly listed transport fuels distributor Z Energy is heading into the first refresh of its corporate strategy since launching three years ago. In an interview with BusinessDesk, chief executive Mike Bennetts said the Z board will be considering a “four to five year” horizon in the next round of strategic planning, which should start crystallising late this year, but may …

State-owned national grid operator Transpower named former senior executive at Fletcher Challenge and Fonterra Cooperative Group, Alison Andrew, to replace outgoing chief executive Patrick Strange early next year. Andrew is currently the global head of chemicals for Orica Australia, a multinational chemical and mining services company, and a member of the Genesis Energy board. An engineer by training, she held …

The New Zealand dollar may trade in a tight range this week as investors consider when the Federal Reserve is likely to start paring back its US$85 billion-a-month monetary stimulus after unexpectedly chosing to keep the package unchanged last week. The local currency may trade between 82 US cents and 84.80 cents this week, according to a BusinessDesk survey of …