Jarden Brief: President Joe Biden raises minimum wage to US$15
28 Apr, 2021 09:12 PM
7 minutes to read
US President has unveiled a range of major policies. Photo / AP
NZ Herald
New Zealand
The NZX50 closed Wednesday s session slightly higher at 12,646.14 points (+0.2 per cent). Financial and healthcare stocks were leading on the day, increasing 0.9 and 0.7 per cent, respectively, while energy (-0.8 per cent) and utilities (-0.8 per cent) underperformed.
Skellerup Holdings (+4.5 per cent), producer of industrial and agricultural rubber products, continued its upward rally and booked the biggest gains of the session, closing at $4.64. Vista Group International was next in line, rising 3.1 per cent to $2.30.
Movers & shakers: DFAT names Australia’s first female ambassador to Indonesia
By Shannon Jenkins
Friday April 16, 2021
The latest senior public sector appointments from across the country. (Image: The Mandarin)
The latest senior public sector appointments from across the country.
Senior Executive Service
Band 3
Adrian Hudson has been appointed as chief operating officer at the Department of Social Services. He acted in the role last year, but was most recently first assistant secretary, infrastructure, at the Department of Defence.
Paul Jackson
Band 1
Emma McCarthy has taken on a Band 1 role at Defence.
Paul Jackson has been appointed head of national research and data at Cancer Australia.
Xavier Simonet bids farewell to Kathmandu Holdings
By Imogen Bailey | 9 April 2021
Kathmandu Holdings has announced that today will be Group CEO Xavier Simonet s last day with the company.
Speaking on his decision in November, Simonet said that he was thankful for the support of the business as he takes up his new role. I have had an awesome time at Kathmandu Holdings, where I have spent the last five immensely exciting years. The Group has great brands, passionate teams and strong values. I am very grateful to our teams, to the Board of Directors, to our shareholders and to my chairman, David Kirk, for their support, he said.
Covid 19 coronavirus profits: Was pandemic a blessing for NZX-listed retail companies?
4 Apr, 2021 05:00 PM
6 minutes to read
NZX-listed retail companies may have found themselves in a Covid-induced profit bubble. Photo / Getty Images
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
Australasian clothing retailer Hallenstein Glasson is the latest retail company to post strong financial gains in the first half of the 2021 financial year, after a recent trend among NZX-listed retailers. Last month
The Warehouse Group announced a record first six months of trade, posting a $54.9 million net profit after tax, an increase of more than 83 per cent, while its sales revenue increased by 7.4 per cent to $1.8 billion.
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