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.
An almost $5m penalty but no timeframe to pay due to Covid-19 pandemic.
While the port is an essential business, many of its customers are not.
What the banking options are for cash-strapped businesses hurt by Covid-19.
Market told some capex could be deferred due to Covid-19 four-week lockdown.
Wide definition of 'essential businesses' has left some in the lurch and others very clear of their duties.
UPDATE: Announcement pending on 'material adverse change'.
Construction ceases at retirement village development sites.
Impact of level 4 restrictions hit.
New Zealand company Ubiquitome says Ministry of Health not yet responded to its offer.