Business

Office Max closing all 14 retail stores
Retail

Office Max closing all 14 retail stores

OfficeMax is shutting down its chain of 14 retail stores at the end of October and shifting to online trading only. This will mean 55 jobs will be lost, managing director Kevin Obern said.In an email to customers it said it made the difficult decision to close its retail network...

Meridian defers North Island wind farm on smelter closure impact
Infrastructure

Meridian defers North Island wind farm on smelter closure impact

Meridian Energy has deferred construction of its proposed Harapaki wind farm north of Napier citing reduced demand from the expected closure of the Tiwai Point aluminium smelter. The company had been close to approving the 160-megawatt development last month when smelter owner...

Gavin Evans 26 Aug 2020
Metlifecare valuations fall, but gap with scheme offer widens
Infrastructure

Metlifecare valuations fall, but gap with scheme offer widens

Metlifecare posts $33.7 million loss after drop in value of retirement villages.

Jenny Ruth 26 Aug 2020
Cloud, security a growth engine for Spark
Infrastructure

Cloud, security a growth engine for Spark

Spark’s cloud, security and service management division reported $443 million revenue, a more than 10 percent lift.

Paul McBeth 26 Aug 2020