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Air NZ drops earnings guidance as virus takes a bigger toll
Air New Zealand has dropped its guidance for annual earnings on expectations of an even bigger hit from global outbreak of covid-19.And chief executive Greg Foran has offered to cut his salary in a range of initiatives to shore up the airline’s operation.The national carrier said...
Covid-19 headlines to dominate; eyes on ECB
The coronavirus will remain front and centre of investor attention as it continues to spread across the globe.There are now 109,575 cases worldwide and 3,799 deaths have been reported, according to the Johns Hopkins virus tracker. Cases in the US are on the rise, with 474 people...
Solar goes industrial with Laminex deal
Fletcher Building is turning to solar power for around a third of the electricity it needs to run its Laminex plant in Hamilton in a deal that will see the factory building's owners install a 524 kilowatt solar array on its roof.The 2,224 square-metre solar energy system will be...
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