BUSINESS - MSC NewsWire

Fake, misleading social media posts exploding globally, study finds

Russia's social media campaign was part of a broad cyber offensive that US intelligence agencies say was aimed at helping Donald Trump win the White House.

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Hawaiki Submarine Cable begins commercial operations

Hawaiki Submarine Cable has begun commercial operations for its 15,000 km fibre optic deep-sea cable linking Australia, New Zealand, the Pacific and the United States

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Provincial growth to outshine the cities in 2019, Infometrics says

Infometrics says strong growth in major exporting regions will help underpin the country’s economic growth during 2019

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Hawkins sale proceeds used to settle claim on major project, receiver says

Funds from the sale of Hawkins Construction to Downer EDI were recycled back into the leftover businesses to settle a claim on a major project, wind down the remaining projects, and prepare for a growing number of legal disputes, the receiver says

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Council of Trade Unions agrees MSD should only promote decent jobs

The Council of Trade Unions welcomes the Ministry of Social Development’s statement that helping Tranzit recruit for bus-driving jobs that are under dispute was inappropriate.

Source A CTU release

BlueScope loses bid to toss out $506M claim by unsuccessful Taharoa iron sands buyer

BlueScope Steel, the Glenbrook steel mill operator, has lost a bid to end or narrow a $506 million court action taken by the unsuccessful bidder for the Taharoa iron sands mine near Kawhia

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Kingfish's 3.1% stake in Fletcher Building paying off

Fletcher Building shares have gained about 14 percent since Kingfish took a 3.1 percent stake and the listed investment firm's manager remains upbeat on the stock

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Methanex signs NZ supply agreements for gas supply to 2029

Methanex New Zealand, the country's biggest gas user, says it has signed supply agreements for more than half its annual production for the next 11 years

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Insurers welcome govt review of health cover in ageing population

Insurers are happy to see the role of private health cover in an ageing population included in a wide-ranging government review

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Electric car-share Mevo attracts more funding from Z Energy as service expands

Z Energy has more than doubled its investment in Mevo, the Wellington-based electric car-sharing firm, with The Wellington Company and European Motor Distributors also investing