Kiwi company eyeing covid-19 NHS rollout
Coronavirus

Kiwi company eyeing covid-19 NHS rollout

Auckland company Ubiquitome is weeks away from having its covid-19 testing device used on UK hospital staff through the National Health Service. The biotech firm’s device, Liberty 16, can conduct multiple tests from a throat swab and provide a result in 50 minutes. Current testin...

Victoria Young 24 Mar 2020
SkyCity to close NZ properties

SkyCity to close NZ properties

SkyCity Entertainment Group said it will immediately close its New Zealand properties in Auckland, Queenstown and Hamilton following the government’s decision to move the country to alert level 4.Shares in the casino operator closed at $1.30, having fallen 14.5 percent. They had...

Victoria Young 23 Mar 2020
Flight Centre axes 20% of NZ staff; parent drops dividend
Services

Flight Centre axes 20% of NZ staff; parent drops dividend

New Zealand’s largest travel agency said it will make 250 workers redundant from today, following government advice not to travel to limit the spread of covid-19. Flight Centre NZ said 250 of the 1,200 staff it employs would be jobless from today, as the company temporarily close...

Victoria Young 23 Mar 2020
SkyCity scraps guidance and shuts Adelaide casino; shares hit all-time low
Services

SkyCity scraps guidance and shuts Adelaide casino; shares hit all-time low

SkyCity Entertainment Group has withdrawn its annual earnings guidance as it shuts down its Adelaide Casino and prepares to close its New Zealand operations.Shares in the casino operator plunged to an all-time low $1.25 this morning, and were recently down 17.1 percent at $1.26,...

Victoria Young 23 Mar 2020