Technology news for New Zealand's largest enterprises
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Energy sector leads turbulence across global economy
Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.
US oil & energy providers hit by plunging market cap in 1H 2020
As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.
Shareholders of Yota call out company for ‘urgent action and changes’
The group are ‘deeply concerned’ that China Baoli has mismanaged Yota and that there are huge changes needed for the smartphone company.
EMC shareholders approve Dell merger with 98% of votes
EMC have announced that its shareholders have approved the Dell merger agreement with 98% of voters in favour.
NZ dollar heads for 0.9% fall as US jobs report looms
The kiwi fell to 77.78 US cents at 5pm in Wellington from 78.49 cents on Friday in New York last week.
Trading of Trade Me shares halted - Updated
Owners Fairfax Media owners confirm 15% share sale, advising that share trading will remain on hold while a ‘book build’ in connection with the sale is completed.