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Z Energy jumps but index suffers from ‘endemic covid’

Dan Brunskill
Mon, 11 Oct 2021

Dan Brunskill
Mon, 11 Oct 2021
Shares in fuel retailer Z Energy jumped almost 7% on an improved takeover bid, while the rest of the market declined on data which suggests endemic covid is slowing US jobs recovery.The S&P/NZX 50 Index fell 67 points, or 0.5%, to 13,019.37. Turnover was $161 million.Employment data released in the United States caused share markets there to move lower on Friday night. Asian markets are following that lead with US futures pointing towards another decline on Monday night.The US payrolls report showed just under 200,000 new jobs were created...

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Red light for Auckland, orange for South Island
Brent Melville | Mon, 29 Nov 2021

The government will move New Zealand to its traffic light framework from Friday with most of the country in either the red or orange levels.

Taming the beast that's inflation
Cameron Bagrie | Mon, 29 Nov 2021

The RBNZ’s job is not going to be easy over the coming years. There are myriad forces at play and reading the tea leaves will be tough.  

The cost of slow border openings to tourism: $39b by 2024
Brent Melville | Mon, 29 Nov 2021

The impact on New Zealand's tourism sector will continue to be felt until the country removes its border quarantine system, tourism operators say.

Mansons leads with 120% carbon offset for new builds

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

SIXT drives the company car upmarket

SIXT is enhancing its adaptable car subscription service with SIXT Business, catering for businesses wanting premium vehicle fleets.