Business

Methanex cuts production as gas supply tightens
Economy

Methanex cuts production as gas supply tightens

Methanex has cut production amid weak regional methanol prices and reduced gas supplies from the Pohokura field. The firm, which operates two production units at Motunui and another at its Waitara Valley site, appears to have shut one of the Motunui units after running it at r...

Gavin Evans 23 Jul 2020
Cavalier moves ahead with woolly strategy
Retail

Cavalier moves ahead with woolly strategy

Cavalier Corp said a positive trading period in June and cost controls helped it reduce bank debt to historical lows of $14.5 million and that it was shifting to an all-natural fibres strategy.  In a market update, the wool and carpet company said stock levels had decreased "s...

Brent Melville 23 Jul 2020
Transit management key to reopening borders - Air NZ
Infrastructure

Transit management key to reopening borders - Air NZ

Preventing inter-mingling of transit passengers will be a key part of efforts to restore international air travel, Air NZ CEO Greg Foran says.

Gavin Evans 23 Jul 2020
Recovery for Sky TV not insurmountable - Jarden
Markets

Recovery for Sky TV not insurmountable - Jarden

Establishing a sustainable operating model should not an insurmountable task for struggling pay-TV provider Sky Network Television, according to Jarden research. With live sport returning more quickly than expected, Sky could outperform its initial recovery expectations, resea...

Dan Brunskill 23 Jul 2020