Business
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Law & Regulation
How commercial courts are coping with covid-19
The commercial courts are back in action this week, following the five-week lockdown, and attention is now turning to the backlog created by the necessary closures. More than 20 High Court civil hearings are listed for today, compared with just handfuls each day under alert level...
Retail
Investore strides ahead on its retail ambitions
Listed retail property owner Investore has reported a marginal improvement in the value of its property portfolio to $761.4 million to 31 March 2020, in spite of uncertainty over covid-19. In an update today, it confirmed the $140.75 million purchase of three retail properties...
Infrastructure
Steel & Tube plans up to 200 staff layoffs
Steel & Tube is planning to make up to 200 staff redundant and warned restructuring efforts and other costs will hurt this year's bottom line.
Primary Sector
Fonterra brings forward milk supply payments
Fonterra Cooperative Group will bring forward payments for its milk supply from June as part of a wider plan to improve cashflow for its farmer shareholders.The world’s biggest dairy exporter will make its monthly payments on the 15th of the month from June, compared to the 20th...
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