Business
Infrastructure
Oil ship to stay at Tui field - High Court
BW Offshore has lost its bid to disconnect its floating production and storage vessel from the Tui oil field and clear the area before the onset of winter.Last month, the Environment Court ruled that the prospect of the FPSO Umuroa remaining at Tui over winter, unmanned, potentia...
Infrastructure
Power futures slide on weak demand outlook
Electricity futures fell further yesterday as generators and industry reassessed the demand outlook and the Pohokura gas field returned to full production sooner than expected.The April Otahuhu electricity contract fell 6 percent to $46 a megawatt-hour yesterday. The June-quarter...
Economy
Manufacturers push for managed restart of exports
Specialist engineering firm AW Fraser wants approval to partially reopen its business so that it can continue supplying essential services here and overseas.The specialist bearing maker is the only continuous casting bronze foundry in Australasia. It exports 90 percent of its pro...
Services
Cyber-attackers capitalise on pandemic anxiety
The rapid shift to get hundreds of thousands of Kiwis working from home has lifted the nation's vulnerability to cyber attacks and organisations are being urged to make sure they protect their systems. Those systems are more vulnerable now, not just because of the shift to work-f...
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