Also this week: Netflix guidance, Allbirds pivots, Spirit’s future hangs in the air, and the Iran war dampens luxury spending.
Obituary: Screen industry loses its greatest champion, in National Business Review co-founder John Barnett.
Consumer NZ has made several recommendations and warns about future access to house insurance cover.
Wholesale Fund V aims to provide seed capital for development of a portfolio of 18 large-scale wind, solar, and battery storage projects, targeting returns of 20%.
A new distributor backed by NBR Rich Listers is aiming to sell 5000 fully electrified vehicles within three years.
The Wellington-based craft brewery wants to give its shareholder base more liquidity and transparency.
Shift to proportionate liability needs to be mandated, or ratepayers will continue to foot the bill.
The company was founded in 1948 but suffered from changes to the Wellington hospitality industry.
Efforts to restructure and cut costs were not enough to offset falling sales and margins for the premium appliance company.
But insurer says it won’t mean a bigger bill for most customers and it won’t ‘embargo areas’.