And US consumer confidence plunges and inflation rises because of Middle East conflict.
The Air NZ that emerges from Covid-19 will be a smaller, largely domestic airline.
Slumping demand overrides a price war as main factor.
Impact of Covid-19 shutdowns is too challenging to forecast financials.
Big retailers are not making hay while the lockdown sun shines, Foodstuffs CEO says.
Shareholders likely to have say on aged-care future early May, CEO says.
Testy closed-door meeting as players fight to avoid carrying bad debt.
No reason given, but ‘time is right’ says Xero boss.
Claim relates to payments for Canterbury earthquake damage.
The retailer says four more weeks means it has the ‘space’ to seek more funding.