
Markets
Fletcher shares drop 13% after Ebit guidance cut
The company cited 'tough market conditions' as the main reason for softer sales.

Primary Sector
AgriZeroNZ invests $9.9m in US methane vaccine startup
It is the second methane vaccine investment for the industry/government joint venture.

News in Brief
Govt moves on social investment with new agency
$50.5 million has been allocated to setting up the agency and a related fund.

Markets
IkeGPS wins $4m in US contracts for its 'industry standard' software
The company is positioning its software as integral to US electrical grid design.