Air NZ confident Auckand’s restrictions will ease
News in Brief

Air NZ confident Auckand’s restrictions will ease

 Air New Zealand is confident Auckland is moving out of alert level 3 on Sunday at 11:59pm.The national carrier said it will resume flying all of its Auckland domestic routes when the region moves to alert level 2 on Monday.  The airline has been operating a reduced domestic sche...

Staff reporters 28 Aug 2020
NZX early halt to trading caused by offshore internet attack
Markets

NZX early halt to trading caused by offshore internet attack

NZX was the victim of an offshore internet attack which closed down trading just before 4pm this afternoon.

Staff reporters 25 Aug 2020
Mercer shares at two-year high on return to profit
News in Brief

Mercer shares at two-year high on return to profit

Mercer Group shares hit a two-year high after the company returned to profit and said it will transition to a technology and automation company under a new moniker, MHM Automation, from September.The company reported a profit of $934,000 in the 12 months ended June 30, turning ar...

Staff reporters 25 Aug 2020
Retail spending hit hard in Q2
News in Brief

Retail spending hit hard in Q2

Actual retail sales values fell 15 percent in the June quarter as covid-19 crimped spending. It was the biggest drop on record in figures going back 25 years, Stats NZ said.The decline in spending was widespread, in particular in categories associated with hospitality and tourism...

Staff reporters 24 Aug 2020