Business

Election result 2020: Why business is in the driver’s seat

In our third-generation sheep and beef farming family, the fear of a Labour Government being elected in 1984 was palpable. We were in Ashhurst, a small farming community in the Manawatu for election night. As the triumphant red tide of Labour under the young, hugely popular David Lange swept through traditional National seats, the party […]

Business

Saudi Aramco's profit plunges, sees signs of oil market recovery

DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter. But the company stuck with plans to pay $75 billion in dividends this year and CEO […]