Infrastructure
UPDATE: Z Energy profit falls on Flick write-down; stock rises
(Adds comment on Flick from fifth paragraph, market conditions and investor comment to end.) Z Energy has reported a 72 percent fall in first-half net profit after writing $35 million off the value of its stake in spot power retailer Flick Electric. The write-down and tough...
Chorus open-minded on owning mobile network assets
Chorus is keeping an open mind about investing in mobile network assets as the 5G internet revolution approaches, but is not commenting on analysis suggesting it could be a buyer for assets built by New Zealand's third-largest mobile player, 2Degrees."There is increasing converge...
Pattrick Smellie: OPINION: An alternative view on the crucifixion of Phil Twyford
Phil Twyford just can't win.From the right to the left of the political spectrum, the hapless Transport, Urban Development, Economic Development and former Housing minister is assailed by critics who say it's time he was dumped from Cabinet altogether.His string of travails has m...
Tilt lifts annual guidance on solid first-half result
Tilt Renewables lifted its full-year earnings guidance after a solid first half that saw net profit rise 40 percent and revenue increase 7.1 percent from a year earlier. The Melbourne-based energy developer said earnings before interest, tax, depreciation, amortisation and f...
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