News in Brief

News in Brief
NZ shares slide on recession risk
Markets Market close

NZ shares slide on recession risk

Central banks are expected to rapidly tighten policy, the risk of an energy crisis in Europe remains, and economic activity in China has been slowing.

Dan Brunskill 17 May 2022
Vodafone buys out retail stores from venture partner
Markets

Vodafone buys out retail stores from venture partner

Vodafone has bought out the other half of its retail joint venture with Millennium Corp.

Ben Moore 17 May 2022
A2 Milk appoints new CFO
Primary Sector

A2 Milk appoints new CFO

Current A2 Milk chief financial officer Race Strauss will step down from his role today. 

Staff reporters 17 May 2022
Vital Healthcare $200m capital raising ends with 19.3m unit shortfall
Infrastructure

Vital Healthcare $200m capital raising ends with 19.3m unit shortfall

NZX-listed real estate companies are trading at an average of about a 20% discount to net tangible assets. 

Staff reporters 17 May 2022