Standard&Poor's Ratings Services is today signalling a possible downgrade of Christchurch City Council's credit rating in the wake of Saturday's earthquake.
Allied Farmers Ltd said Trustees Executors, the trustee of its capital notes, has written to the Companies Office about the financial state of Allied Farmers.
Corporate New Zealand is stepping up to help Canterbury down the road to recovery with donations and pledges of support worth more than $5.5 million by Monday afternoon.
NZPA and NBR staff | Monday September 6, 2010 - 12:27pm
A number of listed companies today formally advised investors of the impact of Saturday's earthquake on their businesses in notices to the stock exchange.
Quake-ravaged Christchurch's immediate economic future looks bleak, but the $2 billion reconstruction bill will provide a boost next year, an economist says.