Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Listed Companies
A2 Milk gets a temporary boost from covid-19
A2 Milk's profit margin is getting a temporary boost as consumers stock up, the kiwi dollar slides and overhead costs are down.“We are now able to confirm that our revenue for the three months to March 31, 2020 was above expectations” on strong revenue growth across all key r...
Markets
MARKET OPEN: Sliding dairy, oil prices to cast pall over investors
Weak dairy prices and ongoing fears over the collapse in oil prices are likely to weigh on local markets today as investors fret over the impact on the domestic economy. West Texas Intermediate futures for May delivery - which settle with the physical delivery - went into neg...
Primary Sector
Moo moves: Gypsy Day gets green light
New Zealand's dairy cows will be on the move on June 1 regardless of the lockdown level.
Primary Sector
Wood processors running out of logs
Wood processors are counting on a speedy return to harvesting next week so plants started up last week don’t run out of feedstock.Red Stag Timber, the country’s largest processor, resumed processing last week using logs felled before the national covid-19 lockdown. That timber is...
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