Listed investment company Infratil is not taking a backward step even as it comes under heavy fire amid a takeover attempt from across the Tasman. Major investor ACC said the infrastructure company needed to engage with AustralianSuper over its $5.4 billion takeover offer, revealed this week. In an NZX filing, Infratil said it had no […]
When coronavirus cases began rising across the country this fall, economists sounded a warning: Without government aid, layoffs were sure to follow. Now those dire predictions are coming true. More than 947,000 workers filed new claims for state unemployment benefits last week, the Labor Department said Thursday. That was up sharply from the week before, […]
FILE PHOTO: A trader wearing a mask reacts at the closing bell, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid(Reuters) – Wall Street’s main indexes […]
(Reuters) – Asian markets looked set to slide Thursday as investors tracked negotiations with significant economic implications in the U.S. and Europe.FILE PHOTO: A man wearing a protective face mask walks past a stock quotation board outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei KatoAustralian S&P/ASX 200 […]
TEL AVIV (Reuters) – Amnesty International accused Airbnb of acting in bad faith towards investors ahead of its stock market debut on Thursday by failing to inform them of its politically sensitive business activities in Israeli settlements in the occupied West Bank.FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, […]
WWIN and the Offprice Show are trading in the desert for the beach next year when they join MAGIC at its pop-up market in Orlando, Fla., this coming February. Womenswear in Nevada, or WWIN, and Offprice have traditionally shown in Las Vegas alongside the MAGIC Marketplace in February. But when Informa Markets Fashion, which owns […]
One of two people charged in the NZ First Foundation case has filed an appeal to the High Court after losing an argument for continued name suppression. Earlier this month, Judge Deidre Orchard dismissed an application for continued secrecy after hearing a day of arguments at a hearing in the North Shore District Court. She […]
One of two people charged in the NZ First Foundation case has filed an appeal to the High Court after losing an argument for continued name suppression. Earlier this month, Judge Deidre Orchard dismissed an application for continued secrecy after hearing a day of arguments at a hearing in the North Shore District Court. She […]
NEW YORK (Reuters) – Global equity indexes were mostly near flat on Wednesday as upbeat COVID-19 vaccine news was offset by lingering concern about the economic recovery, while sterling gained after recent weakness.FILE PHOTO: A man wearing a protective face mask walks past a stock quotation board outside a brokerage, amid the coronavirus disease (COVID-19) […]
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid(Reuters) – The S&P 500 hit a record high moments after the open on Wednesday, as hopes for a vaccine-linked economic recovery and more domestic fiscal stimulus sparked demand for economically sensitive stocks […]