News in Brief

News in Brief
‘Absolute nose dive’: Spark trades under $2
Markets

‘Absolute nose dive’: Spark trades under $2

Spark's share price has fallen below $2 for the first time since January 2012.While Thursday's 5.54% drop to $1.96 was due to going ex-dividend, Salt Funds managing director Matthew Goodson said it’s been a painful couple of years for the telco's shareholders. “In fac...

Staff reporters 20 Mar 2025
Z Energy sells Channel Infrastructure stake for $95m
Markets

Z Energy sells Channel Infrastructure stake for $95m

Z Energy to sell its 12.67% stake in Channel Infrastructure, formerly Refining NZ.

John Anthony 20 Mar 2025
NZ leaves recession behind as 4Q GDP lifts 0.7%
Economy

NZ leaves recession behind as 4Q GDP lifts 0.7%

GDP lifts slightly more than expected. 

Staff reporters 20 Mar 2025
New NZ-India codeshare flights
Markets

New NZ-India codeshare flights

Direct flights still years off and contingent on new aircraft and approvals.

Staff reporters 20 Mar 2025