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...
Commerce Commission the biggest hurdle for OMV's Shell buy, says Woodward Partners
By Pattrick Smellie March 19 (BusinessDesk) - Austrian oil and gas producer OMV may have to sell down its stakes in the Maui and Pohokura fields to clear competition law hurdles to its $578 million purchase of Shell New Zealand's remaining assets, says petroleum sector analyst...
Prev
