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Infratil eyes European renewables with old friends
Infrastructure

Infratil eyes European renewables with old friends

Infratil will start investing in European renewable energy projects alongside some familiar faces, and already has a portfolio of Irish wind farms lined up.The listed infrastructure investment firm today said it's invested in Zurich-based Galileo Green Energy, and taken a 40 perc...

Paul McBeth 05 Feb 2020
Tourism Holdings shares plummet 11% after profit warning
Infrastructure

Tourism Holdings shares plummet 11% after profit warning

Tourism Holdings' shares fell nearly 11 percent after it warned annual net profit will be down about 14 percent. The company's shares opened at $2.50 from yesterday's close at $2.80.Earlier, Tourism Holdings said it expects annual net profit will be down about 14 percent because...

Jenny Ruth 05 Feb 2020
Multi-million dollar Zespri claim pulled
Primary Sector

Multi-million dollar Zespri claim pulled

A multi-million dollar legal claim against Zespri Group has been dropped, six years after it was filed. The claim brought by Zespri’s former Chinese importer Shanghai Neuhof arose after the kiwifruit marketer and the company were busted for under-declaring customs duties between...

Victoria Young 05 Feb 2020
CBL defendants plead not guilty, opt for jury trial
Finance

CBL defendants plead not guilty, opt for jury trial

The two defendants facing Serious Fraud Office charges in relation to the collapse of CBL Corporation have pleaded not guilty and have opted for a jury trial. Former CBL chief executive Peter Harris - aided by a walking cane - briefly appeared in the Auckland District Court this...

Victoria Young 04 Feb 2020