nzherald.co.nz

NZ wholesale interest rates bumped higher in reaction to US Fed announcements.

Weakness in the Kiwi power companies drove the sharemarket lower.

Labour shortage in the industry is "a live issue".

Auckland's Accord Precision has been snapped up by a private equity firm.

Dry weather is making its impact felt, in varying degrees, on the power companies.

Transpower expects to see increased investment in renewables power generation.

Assets include two windfarms and three hydro stations.

Pacific Edge CEO David Darling explains how it became a billion dollar company.

Governments and central banks have thrown the kitchen sink at their economies.

The respiratory products maker recorded a record profit of more than $500m.

Freight forwarder Mainfreight has lifted its annual net profit and dividend.

Synlait expects a loss of $20m to $30m this year, from a previous forecast of break even.

Net profit $8.5m from a loss of $78.9m in the previous corresponding period.

What's happening on the markets this week.

Moody's and S&P Global have given their seal of approval to the NZ Budget.

The Budget has forecast a reduced borrowing requirement for the Government.

The Government will be borrowing less due to a stronger than expected economy.

Banks have revised up their milk price forecasts on the back of steady GDT auctions.

Latest US inflation data has highlighted concerns about where inflation goes from here.

Synlait's chief financial officer Angela Dixon has resigned.

Stocks closed down 1.1 per cent.

New Zealand share prices ended weaker on light volume.

A2 Milk's shares have languished in recent months.

A2 Milk's new CEO David Bortolussi has defended the timing of a2's latest downgrade.

The company also announced the resignation of one of its key executives.

How well companies managed Covid-19 will come under the spotlight this reporting season.

Fonterra's units could be on the way out if the co-ops proposals are adopted.

Prices were mostly steady at today's GDT auction, reinforcing high milk price forecasts.

NZ stocks finished with a slight gain while F&P Healthcare was sold down.

NZX has introduced two new environment-friendly indices in line with investor demand.

Why a2 Milk's shares have slumped while F&P Healthcare are back on a roll.

Newly-listed company is to buy 14 South Canterbury and North Otago dairy farms.

Infratil has struck a deal to take control of Pacific Radiology for $350m.

It hasn't just been frontline workers feeling the effects of the pandemic.

Contact and Meridian have been cleared following an investigation by the regulator.

Inflation perked up a little in the March quarter and looks to be heading higher.

Market expectations are for a 0.8 per cent lift in the CPI over the March quarter.

NZ councils' infrastructure spending could erode future credit ratings, S&P says.

Most of the new additions to the NZX underperformed since listing.

Soprole overcame difficulties imposed by a weak economy and Covid-19.

Leon Clement's sudden departure from Synlait comes at a difficult time for the company.

Bank expected to stick with 'wait and see' approach but harder yards lie ahead

Scott Technology returns to profit in first half, sees momentum building in the second.

Investors' focus is on Meridian and Contact as an index change looms.

ANZ's commodities index is at its highest point on record, driven by dairy prices.

Rabobank CEO Todd Charteris says debt in the agri sector is continuing to fall.

Farming hubs in Ying and Yutian sold.

Synlait is now looking at breakeven this year. Will it need to raise more capital?

The Suez Canal incident may prompt a rethink of world transport logistics.

PwC says the impact of Covid-19 on financial reporting has been significant.

Much of Russia's log exports will come to a halt in 2022 if a proposed ban goes ahead.

The NZ dollar has fallen sharply in response to the Government's housing initiatives.

Plan to double consumer butter manufacturing capacity five years in the making.

S&P Global says strong demand is pushing up the cost of raw milk in China.

The tenure of a former a2 Milk chief executive has been playing out in the Aussie media.

High milk prices will make for a challenging second half for the co-op.

Sudden drops in Meridian and Contact dragged the market down.

A top Kiwi software company has been sold for over a billion US dollars.