Big tech is due to report this week, as job losses mount in the wake of the AI frenzy, and markets watch for ‘bang for buck’ in AI spend.
Bank reports 38% profit fall, sees lower margins ahead.
Ares’ offer has an implied value of $A1.85 a share.
Prospect part-owned by NZ Oil & Gas.
Outgoing chief executive Mark Cairn's fishing skills got a mention at his final annual meeting.
Annual meeting hears company must raise money to pay bills.
Co-op still profitable but Covid-19 hit results.
Greg Allen will stay with the company until April at the latest.
The company in September announced a strategic review of all its assets.
Professor Jeffrey Sachs also lavishes praise on Jacinda Ardern and New Zealand's handling of the pandemic.