Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
‘The end is a bit more in sight,’ says Antonia Watson.
Paymark data shows supermarkets continuing to outperform.
But liquidators confident another buyer will line up for the shell.
Union calls for outsourced jobs to return to NZ.
The Rail and Maritime Transport Union said job cuts would likely expand.
UPDATED: The airline says it has been paying back customers of cancelled US flights.
The aged care provider is taking EQT to court for trying to terminate its $1.5b acquisition.
But no crumbs for shareholders.
Chief executive Craig Herbison explains the company’s share price rise.