MARKET OPEN: Second covid wave may keep investors sidelined

MARKET OPEN: Second covid wave may keep investors sidelined
Rebecca Howard
Risk aversion may hang over the domestic equities market today as concerns grow at the potential economic impact of a second wave of covid-19 infections. Wall Street’s major indexes tumbled more than 2 percent on Friday as several US states re-imposed business restrictions in response to a surge in coronavirus cases. Texas and Florida ordered bars to close again. Meanwhile, President Donald Trump's re-election campaign team postponed Vice President Mike Pence's events in Florida and Arizona this week "out of an abundance of caution," a ca...

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NZX on front foot to start May as Infratil rises 3.5%
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The Australian benchmark is pulling away from the NZX 50. 

Gregor Thompson 01 May 2025
Bega Group to Fonterra: Let us bid
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Billionaire Twiggy Forrest is the largest shareholder of the Aussie dairy company.

Riley Kennedy 01 May 2025
Online sales drive Woolworths NZ Q3 sales growth
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Online sales drive Woolworths NZ Q3 sales growth

Increasing customer preferences towards online purchasing are helping Woolworths boost New Zealand sales.The Australian grocery retailer told the Australian Securities Exchange (ASX) on Thursday that total NZ sales increased 4.8% to $2.19 billion in the three months to April 6, c...

Staff reporters 01 May 2025