Record gas volumes traded amid increased uncertainty

Record gas volumes traded amid increased uncertainty
Gavin Evans
By Gavin Evans Aug. 7 (BusinessDesk) - Volumes traded on the spot gas market jumped to a record last month as industrial users locked in supplies for the rest of the year. Trades for 1.49 petajoules of gas were booked on emsTradepoint last month, an all-time high for the six-year-old market and 43 percent higher than the previous record set in August 2017. General manager Quintin Tahau noted that more than three-quarters of that volume was booked in block trades through to the end of the year. “I can only speculate that there are so...

More Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m
Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m

New legislation affects depreciation on commercial buildings.  

Rebecca Howard 05 Jul 2024
Liquidators investigate sale of three Pizza Hut stores
Retail

Liquidators investigate sale of three Pizza Hut stores

Maloita sold three Wellington Pizza Hut stores prior to its liquidation.

John Anthony 05 Jul 2024
Laybuy receivers considering offers
Retail

Laybuy receivers considering offers

About 10,000 merchants had signed up to the buy-now pay-later service.

John Anthony 05 Jul 2024
Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Gregor Thompson 03 Jul 2024