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Tower shareholders reassured on digital strategy, EQC payments
Tower’s shareholders had plenty of questions at today’s annual meeting, especially about its digital expansion and how it is dealing with wash-up money from EQC. Close to 100 shareholders attended the annual meeting where company executives stressed how much of a turnaround “jour...
NZ dollar weakens on continuing coronavirus concerns
The New Zealand dollar weakened amid continuing anxiety about the economic impact of the coronavirus crisis. The kiwi was trading at 64.33 US cents at 5pm in Wellington from 64.50 cents at the same time yesterday and 64.02 cents in New York last Friday. The trade-weighted inde...
Zespri awarded $15m after suing grower
Kiwifruit marketer Zespri has been awarded almost $15 million in damages by the High Court at Auckland after the firm’s SunGold variety was unlawfully taken to China and distributed to other growers.The company said it started the civil action in 2018 against kiwifruit grower Hao...
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