Rakon to meet earnings guidance
Rakon expects to report underlying earnings before interest, tax, amortisation and depreciation of between $9 million and $11 million in the year ended March 31 once it completes its final accounting and audit, meeting earlier guidance.That’s despite uncertainty about its supply...
Dean Bracewell to join Air NZ board
Former Freightways managing director Dean Bracewell will join the Air New Zealand board from April 20, the airline said today.Air NZ has also appointed the former global CEO of Avis Budget Group Larry de Shon.The appointments are to fill the vacancy left by John Key, who retired...
FMA halts misleading covid-19 ads
The Financial Markets Authority has forced the removal of two advertorials posted by a financial adviser suggesting people need health insurance to cover emergency covid-19 hospitalisation. The ads were posted on Chinese language social media platform WeChat. The regulator said...
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Duncan Coull to take up Ballance chair
Duncan Coull will takeover the mantle of Ballance Agri-Nutrients chair at this year’s annual meeting in September, replacing David Peakcocke who will step down after 15 years on the board. Coull is a dairy farmer in Otorohanga, and chaired the Fonterra Shareholders’ Council until...
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