Air NZ to reveal details of its capital raise; Genesis Energy found not to have breached power market rules; Fortescue enters an unexpected trading halt

30/03/2022 11 min

Listen "Air NZ to reveal details of its capital raise; Genesis Energy found not to have breached power market rules; Fortescue enters an unexpected trading halt"

Episode Synopsis

In some late breaking news: Air NZ (AIR) is to hold a press conference at 6:20pm to offer details of its capital raise, the airline's shares are in a trading halt until 10am Thursday. The Electricity Authority says Genesis Energy didn’t breach electricity market rules by not generating more power during the blackout of August 9, 2021. Lululemon posted better-than-expected fourth quarter earnings despite reduced store hours due to an increase in Omicron infections. Fortescue goes into an out-of-nowhere trading halt after announcing a green hydrogen deal in Germany.
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