Global appetite for NZ yield stocks on 'pause', Harbour Asset's Bascand says
By Pattrick Smellie March 23 (BusinessDesk) - Appetite among global fund managers for high-yielding New Zealand stocks has gone on pause for the last three to six months after two to three years of consistent monthly demand, the managing director of Harbour Asset Management, A...
TrustPower entrenches home-town advantage as locals prefer cheques to charity
By Pattrick Smellie March 21 (BusinessDesk) - The Tauranga Electricity Consumer Trust has abandoned plans to become a funder for Bay of Plenty community projects after strong pushback from customers of locally headquartered TrustPower who prefer to receive an annual cheque tha...
Jones's call for Air NZ resignation 'step too far', says Ardern
By Pattrick Smellie March 21 (BusinessDesk) - Regional Economic Development Minister Shane Jones's public call for the chairman of Air New Zealand to resign was "a step too far", says Prime Minister Jacinda Ardern. Answering questions in Parliament from the leader of the Na...
Theo Spierings to leave Fonterra CEO this year
By Pattrick Smellie March 21 (BusinessDesk) - Fonterra chief executive Theo Spierings will vacate the position in the course of this year, the cooperative's chair, John Wilson announced. Speaking at the end of a presentation on its first-half results, Wilson said the board...
Prev
