By Gavin Evans June 4 (BusinessDesk) - The lack of sanctions for people damaging national infrastructure and covering it up needs to be addressed, Refining NZ chief executive Mike Fuge says. The company operates the Marsden Point oil refinery and its contractors use a combi...
By Gavin Evans June 4 (BusinessDesk) - Greymouth Petroleum says it will meet with officials soon to arrange the surrender of part of its Kowhai petroleum mining permit in Taranaki. The High Court last week endorsed a condition of the original 2009 permit that required Greym...
By Rebecca Howard June 4 (BusinessDesk) - Fletcher Building rejigged its full-year earnings before interest and tax guidance after completing the sale of its Formica business ahead of schedule, effectively lowering the top end of that guidance. The US$840 million sale of Fo...
By Rebecca Howard May 31 (BusinessDesk) - Chorus has suspended subcontractor Clearvision Communications from working on its ultrafast broadband network after the Employment Relations Authority found several breaches of employment standards. “Given the authority’s determin...
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