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Vulcan slashes dividend after 55% profit plunge

Vulcan blames high interest rates and inflation for its sharp fall in earnings.

Air fare warning: Squeeze on transtasman competition bad news for Kiwis

Codeshare means capacity on Tasman will remain limited.

The reality of working in an understaffed supermarket

Woolworths staff went on strike earlier this month.

Chorus issues dividend forecast well above expectations, reveals strategy reset

The company has set a goal of being all-fibre by 2030.

Air New Zealand’s profit is picked to plunge – here's why

The airline has faced mounting financial pressure and the outlook is gloomy.

Hundreds of jobs on the line as Spark cuts $50m from wage bill

But it has big plans for more data centre investment.

NZ Shareholders' Association says Synlait deal a 'dead rat' for minorities

The Shareholders' Association says the Synlait recapitalisation plan will hit minorities.

Steel & Tube full year net profit falls 85% to $2.6m

Steel & Tube expects conditions to improve in 2025.

SPQR liquidators renew liquor licence for failed restaurant

There has been some buyer interest in it.

Sky TV revenue downgrade ‘disappointing’ but analysts keep eye on big dividend prize

Plus: A pricing review is on the way.

Synlait chair defends capital raise plan, says Pōkeno decision imminent

Cash-strapped Synlait has outlined details of its plan to pay off debt.

Fletcher Building gives warning on 2025 'challenging' year

'We expect it will take time to see the flow-through to consenting and actual work.'

$227m loss: Fletcher delivers disappointing result

Losses from Higgins, intense competition, poor trading conditions feature in huge loss.

When will we know more about Du Val's interim receivership?

Report went in last Friday, PwC says. Nothing has been released in public yet.

Poor hydro levels weigh on Mercury’s 2025 earnings outlook

Power company Mercury NZ says pressure on the electricity system will remain.

Empire gets largest Vital shareholder to back 50.01% takeover offer

Vital is due to deliver its full-year result next Tuesday.