Loading...

NZ HERALD RSS FEED

Covid-19 Coronavirus: Flight Centre NZ closes stores and stands down staff

Flight Centre has stood down more than 300 employees and closed 58 of its retail stores across the country.David Coombes, managing director Flight Centre NZ, said travel restrictions to slow the spread of Covid-19 had [...]

By | April 8th, 2020|Categories: Business|0 Comments

Covid 19 coronavirus: 'Hospitality is in crisis,' Restaurant Association says

Coronavirus has had a "catastrophic and potentially devastating" impact on the hospitality industry, says the Restaurant Association's chief executive.Marisa Bidois today told the Epidemic Response Committee (Komiti Ārai Mate... Source: NZ Herald Business News

By | April 8th, 2020|Categories: Business|0 Comments

NZX50 climbs back above 10,000 as new coronavirus cases fall

The S&P/NZX 50 Index closed above 10,000 for the first time in almost a month as dwindling numbers of new Covid-19 cases helped buoy some of the most exposed sectors of tourism, retail and aged [...]

By | April 8th, 2020|Categories: Business|0 Comments

NZ dollar weakens as Covid-19 infection rate optimism fades

The New Zealand dollar weakened as optimism at slowing Covid-19 infection rates in some of the worst-hit countries fades.The kiwi was trading at 59.58 US cents at 5pm in Wellington from 59.82 cents at the [...]

By | April 8th, 2020|Categories: Business|0 Comments

Covid 19 coronavirus: Heather du Plessis-Allan – Businesses need more help

COMMENT: Businesses need more help than they're getting.It's not a criticism of the help rolled out thus far.The Finance Minister deserves praise for how fast he rolled out that wage-subsidy scheme and stitched together a [...]

By | April 8th, 2020|Categories: Business|0 Comments