Economy
Explore the latest economy news by BusinessDesk
Services
Vista pauses China purchase as virus shuts cinemas
Vista Group International has "paused" the planned purchase of an additional stake in Vista China until the impact of the coronavirus crisis becomes clearer.The cinema software company announced the freeze on the deal at the same time as announcing its annual net profit fell 1.5...
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Worldline is NZ’s most experienced paytech, revolutionising how kiwis pay instore, online and with mobile payment solutions.
Markets
A2 eyes extra manufacturing capacity; stock gains
A2 Milk shares lifted 6.6 percent after it reported a 21.1 percent jump in first half net profit and said the scale of its infant nutrition business meant it was now looking at participating in additional manufacturing. It remained fairly sanguine about the impact of covid-19. Ne...
Markets
A2 eyes extra manufacturing capacity
A2 Milk lifted first-half profit 21.1 percent and said the scale of its infant nutrition business meant it is now looking at participating in additional manufacturing. It remained fairly sanguine about the impact of covid-19. Net profit rose to $184.9 million in the six months en...
Markets
Air NZ targets domestic, Tasman routes as earnings fall 8.8%
Air New Zealand said it will look to stoke demand on its domestic and trans-Tasman routes to counter the impact of the coronavirus outbreak on international demand.The airline reported pre-tax earnings before major items of $198 million in the six months ended Dec. 31, down 8.8 p...
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Pattrick Smellie
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Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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