NZ Super Fund divests carbon investments over 'undue risk', Orr says
By Sophie Boot Feb. 21 (BusinessDesk) - The New Zealand Superannuation Fund has been divesting investments with carbon exposure as it believes the emission is currently underpriced and represents a risk for the future. Outgoing Super Fund chief executive Adrian Orr told Par...
Spencer defends RBNZ's retail banking supervision that focusses on 'the big numbers'
By Sophie Boot Feb. 21 (BusinessDesk) - Acting Reserve Bank Governor Grant Spencer, who will leave the role next month to be replaced by Adrian Orr, defended the central bank's approach to supervision of the retail banking sector, though noted the government could seek to incr...
A2's shares hit record on 1H results, Fonterra deal
By Sophie Boot Feb. 21 (BusinessDesk) - A2 Milk shares spiked 16 percent to a record after the company announced it had more than doubled first-half profit on strong infant formula sales and has aligned itself with Fonterra Cooperative Group which will see the two companies pa...
A2 Milk first-half profit soars 150%, aligns itself with Fonterra in new supply deal
By Sophie Boot Feb. 21 (BusinessDesk) - A2 Milk more than doubled first-half profit on strong infant formula sales and has aligned itself with Fonterra Cooperative Group which will see the two companies partner up on a range of products. Net profit rose to $98.5 million in...
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