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NZ sharemarket tipped into correction territory

The S&P/NZX-50 index finished 1.15 per cent down today.

Why Air NZ CEO Greg Foran sees light at the end of the Covid tunnel

Airline in 'deep discussions' with Govt over capital raise.

A2 Milk still committed to daigou despite profit slump

'Daigou' trade largely responsible for a decline in earnings over the first half.

No slowdown in home loan applications yet, says Kiwibank boss

Investors still on the hunt for property.

Broadband revolution: Spark's bold wireless ambition

New chief executive's low-fibre diet.

Comvita back in black, plans to resume dividends

Comvita returned to profit, driven by growth in its China and North America markets.

'Stark but not surprising': Covid-hit Qantas announces $1b loss

Australia's biggest airline has recorded an A$6.9b drop in revenue from Covid-19.

Precinct increases profit 213% after $148m valuation lifts

'Almost all Precinct's clients back working from premises' - CDO Scott Pritchard

Kiwibank plans to close seven branches

Kiwibank made the announcement while releasing an improved half year result.

NZ's biggest mall owner: Newmarket boost but annual loss

Westfield Newmarket got 10m shopper visits in 2020 - Scentre Group

Liam Dann: RBNZ pushes back on celebrating recovery too soon

The RBNZ is waging a battle with bullish markets over recovery expectations.

Delegat Group celebrates 25% increase in profit

It posted a $43 million net profit after tax in the six months ending December 31.

NZX's NZ RegCo launches investigation into QEX

The NZX's regulatory arm, NZ Regco, has launched a formal investigation into QEX.

CAA bans some Boeing 777s from New Zealand airspace

The ban follows the recent engine failure of a jet engine in the US.

Michael Hill posts $40m profit

Jewellery retailer is cautious of the risks around ongoing trading disruption.

NZME posts $14.2m profit, beats earnings guidance

Media company expects a return to dividend payments from July.

Meridian lifts net profit by 19%, plans $315m wind farm

Meridian has lifted its first-half net profit by 19 per cent.

Spark profit, revenue falls as Covid hits roaming

But full-year guidance nudged up, total cost of pandemic now less than expected.