Renewable energy participant PWR Hybrid has finalised a 10-year energy provide cope with Iluka Resources to be generated from its just lately permitted solar farm. The largest gold mining acquisition in historical past has been permitted by takeover target Newcrest’s shareholders underneath the $26 billion merger with Newmont. India and Saudi Arabia signed a Memorandum of Understanding on securing a green hydrogen supply chain and collaborating on power grid interconnection.
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Sales of non-alcoholic beer are soaring in the U.S., thanks to improved quality and style, as properly as generational shifts in consuming tradition. For brewers, it’s a welcome supply of recent growth and a focus space for investment. The ASX200 has completed up zero.7 per cent in its fifth straight day of features amid a pullback in US bond yields and reviews of latest stimulus measures from Beijing.
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Recession fears are also being sparked by the devastating crisis in the Middle East. Here is a piece by our business reporter Nassim Khadem to get you began this morning. And then on Thursday, we’ve jobs data Business News coming out from the ABS, which will give us a sign of how the economy and employees are monitoring broadly.
Medtech Opum sold for $950k, collectors owed more than $2.7m The Auckland University spinout was tipped into receivership by foreign buyers in July. Profectus combats ‘financial erosion’ by way of invoice errors Software provider helps the likes of Fonterra, The Warehouse and Smiths City address overcharging and rebate accuracy. Brothers Beer shareholders stump up $1m to save business The group – proprietor of a brewery, wholesale distribution business, and 7 pubs – entered voluntary administration in August. NZ Post plans to merge mail and courier providers The simply introduced proposal quantities to a contracting out of the postal service, worker advocates say. Chris Lee gold, Brown nosing, Luke’s mistake Our weekly collection of stories bites, hot takes, and gossip around the city. Stats NZ knowledge today confirmed seasonally adjusted retail spending using debit, credit, and cost cards fell 0.8% last month, in contrast with August.
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By giving up on corporate accountability, Patagonia’s founder undermines present strides towards ethical capitalism. Activists in Dhaka demand secure working conditions in 2019, on the anniversary of the Rana Plaza collapse. Investors don’t like it when corporations do one factor after which say one other. Developers try to save Auckland properties from mortgagee knife A 28-day interim order is being sought within the High Court. Auckland residential property developer positioned in receivership Financier Vincent Capital has called in its lending to the Treasure Plus group.