Air New Zealand needs $2.2 billion to recover from the pandemic, with the airline planning to raise the funds in a complicated mix of shares and borrowing that will keep the government’s majority share.
ANZ’s monthly survey shows business confidence has lifted off a two year low – but economist Sharon Zollner says the list of economic headwinds is significant.
The natural health industry says half a billion dollars in export earnings will be left on the table unless the government reverses a proposed legislative change.
The Christchurch-based technology company has struck a deal to sell a near 20 percent stake to specialist a US private equity company for $22.8 million.