York Space Systems downgraded at Canaccord on supply chain concerns
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Vector profit jumps 55 percent as new pricing rules fund record network investment
It comes after the first full year under new electricity pricing rules, while investing a record half a billion dollars in Auckland's power network.
- Vector's profit jumps 55% to $240.2 million
- New pricing rules fund record $512 million network investment
- CEO Chris Blenkiron attributes success to customer focus
Stock futures are little changed after Wall Street starts the week with losses, hurt by higher oil prices and rising yields: Live updates
The major stock averages ended Monday's session in the red due to spikes in oil prices and Treasury yields.
FAO World Food Prices edged up in April, mainly cereals, vegetable oils and sugar
The benchmark measure of world food commodity prices edged up in July, as recent heatwaves and energy price dynamics pushed up quotations for cereals, vegetable oils and sugar, according to new data…
British Pound Sterling did not earn its three-month high
GBP/USD cleared 1.3550 on Monday for the first time in three months, printed the highest level of the window just above it and handed the entire advance back within hours for a net gain under 10 pips.
Slower Q2 growth close to ministry's earlier estimate
The slower economic growth in the second quarter was close to the Finance Ministry's previous estimate and confirmed the outlook anticipated by the economic team, particularly regarding the impact of…
- Q2 growth slowed to estimate level
- Middle East conflict impacted economy
- Finance minister confirmed outlook
Slower Q2 growth close to ministry's earlier estimate
The slower economic growth in the second quarter was close to the Finance Ministry's previous estimate and confirmed the outlook anticipated by the economic team, particularly regarding the impact of…