The fleet of superyachts expected in Auckland for The America’s Cup regatta is at risk because covid-19 border closures prevent owners joining their boats.The restrictions are jeopardising Cup-related revenue from superyachts once forecast to be worth as much as $436 million. “No...
Mandatory isolation and quarantine for returning nationals proved a bonanza for hotels, with those granted entry accounting for almost 40 percent of Auckland's accommodation bookings in June. The government has also booked an estimated 31 percent of all Christchurch rooms, 20...
Methanex has cut production amid weak regional methanol prices and reduced gas supplies from the Pohokura field. The firm, which operates two production units at Motunui and another at its Waitara Valley site, appears to have shut one of the Motunui units after running it at r...
Preventing inter-mingling of transit passengers will be a key part of efforts to restore international air travel, Air NZ CEO Greg Foran says.
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