
Freightways appoints new CFO
Freightways has appointed Stephan Deschamps as chief financial officer and company secretary, replacing Mark Royle.The appointment is effective immediately.Deschamps has previously held senior roles at Fonterra and Air New Zealand, where he was acting-CFO for a period of time. Ro...

Comvita shares jump on profitable March quarter
Comvita shares jumped 22.2 percent after the honey products maker said it was profitable in each month of the March quarter with double-digit sales growth from a year earlier.The stock rose 62 cents to $3.41 at 11.20 am and traded as high as $3.42, its highest level since June.Co...

Stats NZ confident March quarter CPI data is robust
Almost half of the prices collected for Stats NZ's consumers price index are done by field collectors in-store, something that was halted by the covid-19 lockdown.Most of the quarterly collection had been completed when the covid-19 lockdown began to impact, Stats NZ said. “We ha...

Auckland Airport passengers plunge 42%
Auckland International Airport’s passenger volumes almost halved during March, falling 42 percent to 1.08 million, as travel restrictions were imposed by the government to contain the covid-19 outbreak. International passengers were down 43.2 percent at 513,455, while domestic pa...