News in Brief
News in Brief
News in Brief
market close
NZ shares rally as oil prices retreat
Oil prices dropped to approximately US$110 (NZ$160) per barrel after having traded at over US$130 on Wednesday, boosting investor sentiment.
News in Brief
Hospo under the pump as omicron keeps people home
Government data out today showed electronic card spending at hospitality venues dropped to $876 million in February.
News in Brief
Ex-FE Investments director TK Shim cuts bankruptcy deal
The former principal of FE Investments TK Shim has exited his year-long bankruptcy after repaying an outstanding loan in a deal that should’ve been put to the creditor before last year’s proceedings.Dancingonmoonlight – an entity owned by three-time harness racing horse breeder o...
News in Brief
Wakeup call: Oil price gyrations
Oil prices fell more than 10% this morning on hopes the US had convinced OPEC+ and Venezuela to increase oil supplies.
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