Mighty River Power's revenues have witnessed a plummet in profits owing to a drought that punched its Waikato hydro system at a time when spot prices were at their peak. For the year till June 30, it posted a profit of $139.6 million, which was downbeat $72.1 million as compared to the year before.
Crude oil futures were recorded to have marked a climb after witnessing a low the preceding week. A report unveiled recently, which highlighted significant growth in China's manufacturing sector in August, triggered positive vibes, thereby backing the fuel demand.
A drug user originally from Glasgow has died after injecting himself with heroin containing traces of anthrax informed a health watchdog.
Four men were arrested after Thomas Forbes, from Loughborough, Leicestershire, passed away in the hospital last week after being poisoned. The Health Protection Agency informed that there was little risk to the wider population.
KiwiBank is reported to have named Paul Brock as the Company's new CEO. Brock is a member of the original team that established Kiwibank in 2002.
Brock has been named as a replacement for Sam Knowles.
Brock has most recently held the position of General Manager, Savings and Transactions, in the Company. Besides, he has held a slew of top positions in the firm, including the post of General Manager of Marketing.
Good blend of trustworthiness with a competitive attitude towards attaining its goal in the best possible way is a typical quality needed to build a reputation in the world of corporate business in New Zealand, and not just show off the number of notes that it has safe in its treasury.
The best count offered to lead the chart among players went to Air New Zealand.
The New Zealand's property sector has been sinking deeper by the day since less people are indulging in naming their houses on sales lists.
NZ Property report by Realestate. co. nz depicts that the count of new listings plunged for fifth straight month in the previous month, which in turn has fuelled rumors that there is intimidating deficit of availability of property in the biggest city.
Good News USA
- Vodafone NZ’s new ‘Red Home’ packages will offer UFB and 150 TV channels
- Vodafone NZ’s full-year profit plunged by more than two-thirds to $56 million
- Vodafone adding 34 European countries to ‘AU$5 per day’ international roaming option
- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki