News in Brief

News in Brief
Savor rights issue to fund Amano opens
Markets

Savor rights issue to fund Amano opens

The NZX-listed company is raising $6 million through a one-for-4.3 rights issue.  

Staff reporters 19 Mar 2021
IKE GPS wins US contract
Technology

IKE GPS wins US contract

Power pole analysis firm adds to its growing US customer base.

Staff reporters 19 Mar 2021
Wake Up Call: Have we reached peak fossil fuel?
Markets Wake Up Call

Wake Up Call: Have we reached peak fossil fuel?

But crude oil demand continues to rise because of its use in electricity generation and powering ships and planes.

Staff reporters 19 Mar 2021
Investors ignore weak GDP data
Markets market close

Investors ignore weak GDP data

The equity market was trading higher during the morning when the dim GDP data was released but fell in the afternoon as Aussie shares moved lower. 

Dan Brunskill 18 Mar 2021