Ticket Rocket in receivership
News in Brief

Ticket Rocket in receivership

Ticketing agency Fortress Information Systems, trading as Ticket Rocket, and formerly as Ticket Direct, has gone into receivership. Ticket Rocket is an online retailer of tickets for the Hurricanes Super Rugby team as well as a host of events including Warbirds over Wanaka and th...

Staff reporters 01 Sep 2020
Fonterra holds milk price forecast steady
Primary Sector

Fonterra holds milk price forecast steady

Dairy giant Fonterra Cooperative Group held its 2020-21 forecast Farmgate Milk Price range steady at $5.90 - $6.90 per kgMS, citing good demand but heightened uncertainty.“The global market is finely balanced at the moment, with both demand and supply increasing but it has the po...

Staff reporters 01 Sep 2020
Shaw says sorry for private school support
News in Brief

Shaw says sorry for private school support

Associate Finance Minister James Shaw has publicly apologised for supporting $11 million in taxpayer funding for a private Green School.On Aug. 26 Shaw announced the Taranaki school would receive funding to expand from the government’s 'shovel-ready' projects fund for cov...

Staff reporters 01 Sep 2020
Restaurant Brands snaps up US stores
News in Brief

Restaurant Brands snaps up US stores

Fast-food operator Restaurant Brands has the go ahead to buy 70 Taco Bell and KFC stores in the United States.The listed company said in a statement to the NZX on Monday it had entered into an agreement to purchase 58 KFC stores, 11 “multi-brand” KFC and Taco Bell stores and a he...

Staff reporters 01 Sep 2020