News in Brief

News in Brief
Shares surge on Infratil's $3b Tilt sale
Markets market close

Shares surge on Infratil's $3b Tilt sale

The deal fulfils a promise Infratil made to its investors earlier this year when it said it would demonstrate hidden value in the portfolio. 

Dan Brunskill 15 Mar 2021
Kiwis paying high price for Rocket Lab SPAC
Markets

Kiwis paying high price for Rocket Lab SPAC

Hatch and Sharesies give local investors a way to invest in the blank cheque company but at 20% above the merger valuation. 

Staff reporters 15 Mar 2021
Services sector contracts for a fourth month
Economy

Services sector contracts for a fourth month

The last time services contracted for four consecutive months was in the depths of the GFC.

Staff reporters 15 Mar 2021
Another senior departure at Air New Zealand

Another senior departure at Air New Zealand

The airline's chief digital officer has resigned after barely two years in her role.