News in Brief
News in Brief
Property
Arvida's underlying net profit steady as it moves to half-yearly dividends
Arvida is moving from paying quarterly dividends to half-yearly payouts of 40% to 60% of underlying net profit.
Transport
Napier Port to pay $5.6m dividend
The country's fourth-largest cargo port at Napier has continued to benefit from high log exports, with enough confidence to declare a dividend for the half year.
Law & Regulation
Fletcher settled steel claim
D&H Steel had accused Fletcher of aiding and abetting Fair Trading Act breaches and breaking up a joint venture.
Markets
Wake Up Call
Wake Up Call: The vaccine or the stick?
Some are offering prizes, others are offering cartons of eggs to encourage people to get vaccinated against the coronavirus. But some who refuse are getting the sack.
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