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.
Accommodation providers face a wave of cancellations and see no let-up this side of Christmas.
UPDATED: The likes of Uber Eats came under public pressure for high commissions while restaurants struggle.
Co-op cautiously optimistic as virus-hit stores reopen.
International figures reflect growth in rewards-based crowdfunding.
But SkyCity estimates an ebitda impact of around $55m from lower visitor numbers.
Dairy co-op cautious over outlook.
It has options to recover some costs associated with sports content rights after cancellations.
The retail company’s shares have more than halved this week.
But Rabobank notes Chinese demand is recovering at latest auction.