Vector boss Simon Mackenzie to stand down
Markets

Vector boss Simon Mackenzie to stand down

Veteran Vector boss Simon Mackenzie to stand down at the end of June.Mackenzie has been at the helm since 2008 and held a number of different roles before becoming chief executive. He said the time was right to hand over Vector, with the company in a strong position.The New Zeala...

Ian Llewellyn 26 Feb 2025
Meridian records losses as it 'takes a hit for NZ'
Markets

Meridian records losses as it 'takes a hit for NZ'

Dramatic drops in profit and earnings due to energy crunch.

Ian Llewellyn 26 Feb 2025
Mercury takes winter hit, prepares for the next
Markets

Mercury takes winter hit, prepares for the next

Mercury reports first ever net loss after tax.

Ian Llewellyn 25 Feb 2025
Tiwai smelter to wind back production due to winter fears
Markets

Tiwai smelter to wind back production due to winter fears

The deal will reduce electricity demand by 50MW per hour.

Ian Llewellyn 25 Feb 2025