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A2 climbs as short sellers scared off

Dan Brunskill
Thu, 14 Oct 2021

A2 Milk led the New Zealand share market higher for a second day after a positive earnings report from a competitor scared short-sellers into closing their positions.  The S&P/NZX 50 Index rose 23 points, or 0.2%, to 13,048.5. Turnover was $181 million. Shares in infant formula exporter A2 climbed another 4.6% to $7.22 today, extending a rally from yesterday when the stock surged 12%. A trading update from a smaller competitor yesterday reported an improvement to the all-important daigou channel which has been closed down dur...

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Markets
Morningstar picks Spark as omicron refuge
Dan Brunskill | Thu, 02 Dec 2021

Spark’s share price spiked more than 5% early this week as investors reacted to news of the variant, but it had been trending down, sliding more than 10% in the past three months.

Law & Regulation
A crackdown on all your houses: no blind eye to poor privacy practices
Michael Andrew | Thu, 02 Dec 2021

The first year of the new privacy act saw the privacy commissioner flex his powers, publicly rebuking the Reserve Bank. We can expect to see more of the same in 2022, legal watchers say.

Retail FREE
It's happening – Ikea coming to Sylvia Park
Staff reporters | Thu, 02 Dec 2021

Ikea is finally landing in New Zealand. Really.

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To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.

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Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.