Mercury NZ chief executive Fraser Whineray will leave the electricity sector next year to take a senior role at Fonterra Cooperative Group. Whineray will finish at Mercury in 2020 to become chief operating officer at Fonterra. He has been with the electricity generator-retail...
(Removes incorrect project losses in 2nd paragraph)Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. The project was one of several that contributed to $1 billi...
Ofer Global Group’s planned buy-out of the minority holders in New Zealand Oil & Gas is “opportunistic” and will be opposed by the New Zealand Shareholders’ Association. The association notes the 62 cents-a-share offer from OG Oil & Gas – to be effected through a scheme of arr...
Accounting software firm Intuit's latest numbers suggest it may have overtaken arch-rival Xero in Britain and that it is growing fast in countries Xero has yet to target.But an analyst is warning today's data should be treated with caution because of the differing reporting dates...
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