No crude oil imported in July, but face masks booming
No crude oil was imported into New Zealand in July for the first time in 34 years as covid-19 poleaxed demand for transport fuel. But imports of face masks to combat the pandemic were through the roof, totalling $232 million since the beginning of the year, up $189 million fro...
Scales weathering covid but still downbeat on FY
Agribusiness group Scales Corporation weathered the global pandemic in the first half but remains fairly downbeat about the full year. Underlying net profit was $29.2 million in the six months to June 30 versus $30.1 million in the same period a year earlier, as all divisions...
MARKET OPEN: Company earnings front and centre
Domestic company earnings reports will take centre stage today but ongoing concerns about the US economic recovery will cap enthusiasm. With Meridian Energy, Metlifecare, Spark New Zealand and Scales reporting, investors will have plenty to digest. The main focus will remain o...
MARKET OPEN: Wall Street gains to set a positive tone
Fresh records on Wall Street will set a positive tone as investors watch for more domestic earnings. Both the S&P 500 and the Nasdaq were on course for a record closing high, buoyed by optimism about a potential treatment for covid-19. The US Food and Drug Administration is...
Prev
