Dan Brunskill

Air NZ has expanded its profit margin as air travel demand significantly outstripped supply.

The national carrier today reported it was back in profit.

NZSA has joined several professional fund managers in opposing the board-endorsed deal.

Sixth Street and BGH Capital’s bid to buy Pushpay Holdings is on shaky ground.

Ryman Healthcare drove much of the market weakness on Monday, as it completed the institutional component of its $902 million rights issue.

The top investor rarely comments on its investment plans but has made an expectation after multiple other investors asked for its view.

The wealth-building platform has been consulting with staff about job cuts as it prepares for a recession.

Kiwibank economists have called for a pause to rate hikes.

For some it’s a temporary pause while they battle the cost of living.

Analysts say February reports will feature robust growth and few downgrades.

Shareholders have been asked to vote in favour of the deal at a special meeting.

Civil Defence Emergency Management advised the mayor to extend the state of local emergency at 9am this morning and paperwork was signed at 11.30am.

Some shareholders were hoping an independent valuation would force the buyer to increase its offer.

In a statement to the media last night, the platform's chair said the proposed changes were part of a recession plan put in place last year.

The retailer expects a record net profit of over $88m when it announces full-year results and a final dividend later in March.

The firm says the operating revenue for the March financial year will be almost $1.6b, just below last year's.

Several NZX-listed companies have attracted the attention of international investors who see more value than local investors do.

The summer break is a good time to review providers.

Is the recent softening in the US dollar a blip or a shift that will be sustained?

How a 76-year-old spy alliance created an opportunity for a New Zealand company.

Forsyth Barr analysts say share prices could start climbing out of this bear market next year.

The airline recently announced a plan to replace its domestic fleet with zero-emission aircraft from 2030.

ASB’s Growth Fund says it excludes fossil fuel investments but 3.25% of its assets are invested in the sector.

Council approved a sale in May.

A large maintenance contract has been running at a loss for almost four years.

The total impact was spread across the 2020 to 2023 financial years, the company says.

Atomic.io CEO Ben Pujji says most interactions between customers and brands are through an app.

Paul Millward will join in January and interim CEO Gordon Shaw will rejoin the board of directors.

The scheme will provide platform users access to a range of active and passive funds.

Analysts are warning that China's reopening will be gradual and tumultuous.

The NZX is seen to be battling the ASX for new listings.

Newly listed technology stock Blackpearl dropped 13.6% to $1.08 in its first trades, 15,700 shares changed hands and the company ended the day with a market value of $37.5m.