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NZX50 comes back from ‘unprecedented’ crash
The S&P/NZX 50 Index clawed back earlier losses when Australian markets opened, having slumped as much as 7.9 percent as coronavirus fears turned into panic and investors sold shares indiscriminately.During the past 24 hours, equity markets across the world saw some of the sharpe...
Auckland airport numbers suggest exports are hurting more than imports
Cargo through Auckland International Airport was already down before the coronavirus crisis began but early indications are that the decline is accelerating, according to chief executive Adrian Littlewood.So far, export volumes appear to be suffering the most.The airport has prov...
Auck Airport slashes guidance on Trump travel ban; THL ditches forecast
Auckland International Airport has slashed its full-year earnings guidance by as much as 22 percent and Tourism Holdings has withdrawn its forecast altogether because of the economic uncertainty created by the coronavirus crisis.The downgrades come as the iconic US Dow Jones inde...
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