Business
Finance
Xero's CEO says it still has a cautious future in the US
By Jenny Ruth May 17 (BusinessDesk) - Xero’s chief executive still sees a future for the accounting software company in the US but he’s careful to dampen expectations of what’s possible. Yesterday’s results showed Xero had 195,000 customers in North America at March 31, up...
Infrastructure
Genesis signs up to 20-year supply agreement for Tilt-built Waverly wind farm
By Paul McBeth May 17 (BusinessDesk) - Genesis Energy and Tilt Renewables have signed a 20-year supply agreement, laying the foundation for the construction of a 31-turbine wind farm in Waverley, South Taranaki. The power companies finalised the deal, which will see Genesi...
Infrastructure
Wellington Airport lifts annual earnings on passenger growth
By Paul McBeth May 16 (BusinessDesk) - Wellington International Airport lifted annual earnings 6.3 percent as the capital city's gateway continued to benefit from rising passenger numbers. Earnings before interest, tax, depreciation and amortisation rose to $101.4 million...
Markets
Rangatira to up Magritek stake; seeks Hellers replacements
By Gavin Evans May 16 (BusinessDesk) - Rangatira Investments plans to increase its holding in research technology business Magritek as it deploys funds from the sale of its interest in smallgoods maker Hellers. The Wellington-based investment company expects to buy Massey U...
Prev
