Coronavirus is likely to affect New Zealand's economy through 2020, rather than being a short, sharp shock in the March quarter, Finance Minister Grant Robertson said."The best-case scenario was that the containment option would work. That appears to be working in China but it's...
Changes to electricity transmission rules need to be implemented now to show Rio Tinto that its Tiwai Point aluminium smelter will be treated fairly in the future, Meridian Energy says.A discount mechanism for large users being proposed by the Electricity Authority would be of re...
Meridian Energy has reported record first-half earnings on the back of record production from its South Island dams and an improved retail performance.The country’s biggest electricity generator reported $465 million of earnings before interest, tax, depreciation, amortisation an...
Auckland lunchtime dining institution Food Alley is among several properties being converted into a massive office and retail development by one of Singapore’s richest families. Magnate Michael Kum, the son of Singaporean street Hawkers and worth SG$930 million according to Forbe...