5 Articles
5 Articles
Hot Stocks: Fletcher Building, Ora Banda Mining, St Barbara
US markets closed lower on Thursday, dragged down by a sharp 14% selloff in Tesla after an unprecedented public spat between Elon Musk and President Donald Trump. The S&P 500 dropped 0.53% to 5,939.30, the Dow slipped 108 points, and the Nasdaq fell 0.83%, with Tesla losing its US$1tn valuation. Trump threatened to cancel government contracts with Musk’s companies, prompting Musk to vow SpaceX would withdraw from key NASA missions—raising concer…
SkyCity to file US$200 million claim against developer for long delays in completion of Auckland convention centre
New Zealand’s SkyCity Entertainment Group Limited will file legal proceedings against the developers of its New Zealand International Convention Centre (NZICC) seeking NZ$330 million (US$200 million) damages for losses arising from delays to completion of the project. The company noted in a filing early Friday morning that it would file against Fletcher Building Limited and The Fletcher Construction Company Limited that delivery of NZICC is now …
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