A drop in critical mineral prices and weakened share prices of its listed peers are behind the move.
The Gibbs Humdinga will be built in Qatar.
Annual wage inflation stands at 1.8%.
Environment Canterbury (ECan) has agreed to a variation that allows the project in the shadow of Mount Cook to go ahead.
Transformation programme goes pear-shaped for milk and bread deliveries.
For many Kiwi entrepreneurs, the US is a golden target. LanzaTech, Sonar6 and others give their tips.
Investors are relaxed as the White House faces loss of House majority.
The benchmark whole milk powder fell 2.9%.
One director position remains unfilled and a second election must be held.
Watch Grant Walker's video of today's top stories.