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MARKET CLOSE: NZ shares fall, led by MetroGlass, A2, NZOG
Power / Energy

MARKET CLOSE: NZ shares fall, led by MetroGlass, A2, NZOG

New Zealand shares fell, led by Metro Performance Glass and paced by New Zealand Oil and Gas as investors digested earnings season.

By Pattrick Smellie • 4 min read • Wed, 11th Mar 2015
Govt resisting pressure to inject more cash into Solid Energy
Solid Energy

Govt resisting pressure to inject more cash into Solid Energy

NZ Prime Minister John Key says fresh capital injection into troubled state-owned coal miner, Solid Energy, not preferred option.

By Pattrick Smellie • 3 min read • Mon, 2nd Mar 2015
TSB Bank writes off $53.9 mln Solid Energy debt; Fitch affirms A- rating
Solid Energy

TSB Bank writes off $53.9 mln Solid Energy debt; Fitch affirms A- rating

TSB Bank counts £43.1m loss as Solid Energy debt erased, yet Fitch keeps stable A- credit score amidst challenges.

By Pattrick Smellie • 2 min read • Sat, 28th Feb 2015
Solid Energy delays first-half report, says future coal price weights on debt repayment
Power / Energy

Solid Energy delays first-half report, says future coal price weights on debt repayment

Solid Energy, the state-owned coal miner whose chair Pip Dunphy stepped down this week, will delay reporting its first-half accounts.

By Pattrick Smellie • 2 min read • Fri, 27th Feb 2015
Z Energy teams up with Xero to save time
Fintech

Z Energy teams up with Xero to save time

Z Energy and Xero unite to streamline invoicing for small businesses, freeing them from manual data entry and saving precious time.

By Shannon Williams • 2 min read • Wed, 15th Oct 2014

Global Stories

Solid Energy stories

Fonterra's Glencoal says Waikato coal mine not on hold, just delayed
Green Party

Fonterra's Glencoal says Waikato coal mine not on hold, just delayed

Fonterra Cooperative Group subsidiary Glencoal has denied suggestions it has put its plans for an open cast mine in the Waikato on hold indefinitely.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015