Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Listed Companies
Air NZ drops earnings guidance as virus takes a bigger toll
Air New Zealand has dropped its guidance for annual earnings on expectations of an even bigger hit from global outbreak of covid-19.And chief executive Greg Foran has offered to cut his salary in a range of initiatives to shore up the airline’s operation.The national carrier said...
Markets
Covid-19 headlines to dominate; eyes on ECB
The coronavirus will remain front and centre of investor attention as it continues to spread across the globe.There are now 109,575 cases worldwide and 3,799 deaths have been reported, according to the Johns Hopkins virus tracker. Cases in the US are on the rise, with 474 people...
Markets
Covid-19 back in focus as global concerns escalate
Covid-19 is back in focus and the local equity market may follow a tumble on Wall Street after California declared a state of emergency to combat the virus. “This emergency proclamation will help the state further prepare our communities and our health care system in the event...
Infrastructure
Measles work has big end of town prepared for covid-19
The big end of town is well prepared for covid-19 having already laid the groundwork in response to the measles outbreak, according to the chair of the Prime Minister’s Business Advisory Council.Fraser Whineray, who is also outgoing chief executive at Mercury NZ, said the council...
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