
MARKET CLOSE: NZ shares rise, Z Energy gains after annual earnings
By Sophie Boot May 3 (BusinessDesk) - New Zealand shares gained, led by Z Energy following its annual results, with Chorus and Genesis also rising. The S&P/NZX 50 Index rose 52.64 points, or 0.6 percent, to 8,546.88. Within the index, 26 stocks rose, 14 fell and 10 were unc...

Vector seeks injunction against Stuff over leaked customer data
By Sophie Boot May 3 (BusinessDesk) - Auckland electricity and gas distributor Vector has asked the Auckland High Court for an injunction against media organisation Stuff over Vector customer data given to Stuff by a hacker, to stop Vector "failing its customers again". On...

Second case of Mycoplasma bovis confirmed in North Island
By Sophie Boot May 3 (BusinessDesk) - A second case of Mycoplasma bovis has been found in the North Island, though the Ministry for Primary Industries says this doesn't mark a major turning point. Mycoplasma bovis is commonly found in cattle globally, including Australia. I...

Z Energy says petrol market is competitive, pushes 'Strategy 3.0' with Foodstuffs tie-up
By Sophie Boot May 3 (BusinessDesk) - Z Energy, which today reported revenue and profit rose in the latest financial year, has reiterated its view that the petrol market is competitive as it pushes its innovation and capability-led strategy. In the year to March 31, revenue...