Infratil earnings buoyed by 'pretty exciting' Vodafone
Utilities investor Infratil reported a 1.7 percent lift in first-half operating earnings, with a two-month contribution from Vodafone New Zealand offsetting weaker returns from Trustpower and its Longroad Energy interests in the US.Excluding businesses sold in the past year, unde...
Infratil 1H earnings buoyed by $39.1m Vodafone contribution
Utilities investor Infratil reported a 1.7 percent lift in first-half operating earnings, with a two-month contribution from Vodafone New Zealand offsetting weaker returns from Trustpower and its Longroad Energy interests in the US.Excluding businesses sold in the past year, unde...
NZ dollar stalled ahead of expected rate-cut decision
The New Zealand dollar stalled overnight with no material drivers in international markets ahead of the Reserve Bank's local rate decision later today. The kiwi was trading at 63.37 US cents at 7:50am, barely changed from 63.33 cents last night, having fallen yesterday when we...
Mercury advances Turitea, warns of regulatory risk
Mercury NZ says the electricity market is under stress and needs new generation investment if high wholesale power prices are not to start flowing into household prices.Wholesale prices have been high for more than a year and are being driven by factors much broader than just pro...
.jpg)
Prev
