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.
Discounted rights issue seen as likely.
As visitors vanish, the accommodation sector is asking for targeted help to survive.
An Air NZ bailout remains under wraps.
Pokeno plant provides supply boost but legal issues remain.
Forsyth Barr analyst Andy Bowley said it’s an “airline Armageddon.”
Travel restrictions and citizens being called home spells trouble for horticulture.
Murray Bolton’s latest investment has been hit by side-effects of the coronavirus pandemic.
Trading halted on NYSE as index plummets, FTSE falls again
The well-known ‘Blue Coats’ are not needed with passenger numbers down.