By Paul McBeth Aug. 23 (BusinessDesk) - Vector reported a 44 percent slide in annual profit as the lines company wrote down the value of its HRV home ventilation unit, which has failed to fire since it was bought in 2017. Operating earnings were in line with expectations an...
By Jenny Ruth Aug. 23 (BusinessDesk) - Steel & Tube turned back into the black in financial year 2019 but says positive gains were offset by lower-than-expected gross margins due to the market contracting for some high-value categories and due to the highly competitive market....
By Rebecca Howard Aug. 22 (BusinessDesk) - A2 Milk says the cost of meeting more stringent water, animal welfare and emissions standards is not a "big risk" to the company and it will work with partners to help the industry meet the new requirements. Chief executive Jayne H...
(Resend for customers who missed delivery) By Paul McBeth Aug. 22 (BusinessDesk) - Transport Minister Phil Twyford will decide early next year whether to use traditional government procurement to build a light rail network in Auckland, or bypass those processes with a New Z...