News in Brief

News in Brief
FMA cancels firm's licence that didn't live up to its name 'Integrity'
News in Brief

FMA cancels firm's licence that didn't live up to its name 'Integrity'

The Financial Markets Authority is cancelling the licence of a financial advice provider for serious misconduct, including misleading customers and charging excessive cancellation fees.The licence was held by Christchurch-based Integrity Advisers Insurance Limited (Integrity), wh...

Staff reporters 04 Sep 2024
Allbirds shares sink 18% after revealing plan to avoid Nasdaq delisting
News in Brief

Allbirds shares sink 18% after revealing plan to avoid Nasdaq delisting

Allbirds shares were down 18% to US58c (92.8c) late in Wednesday's Nasdaq session after the New Zealand-American firm revealed its plan to avoid a delisting for trading under US$1 (NZ$1.60) for too many days.A reverse stock split will see every 20 shares of Allbirds' comm...

Staff reporters 04 Sep 2024
Miraka switches on hydrogen milk tanker
News in Brief

Miraka switches on hydrogen milk tanker

The new tanker is designed to reduce CO2 emissions by around 35% per vehicle. 

Staff reporters 04 Sep 2024
ASX slips but still closes just under record high
News in Brief ASX Wrap

ASX slips but still closes just under record high

The ASX200 finished down 0.1%.

AAP 04 Sep 2024