Markets
Big dry hits Mercury earnings again
A lack of rain in the North Island’s central plateau has hit electricity company Mercury’s earnings.
Primary Sector
A2 shares spike as Aussie media reheats Nestle rumours
Its share price plunged on big changes in the Chinese infant formula market, but does that make it an attractive takeover target?
Markets
Contact Energy net profit jumps 50%
Contact returned to profitability comparable with 2019 after a weak 2020, boosted by high wholesale electricity prices and dry hydro conditions.
Markets
Power companies scramble with new generation plans
Two renewable announcements from Contact and Genesis appear linked to the political damage done to the electricity generation sector by Monday night’s unexpected blackouts.
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