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Air New Zealand CEO quits after six years

Bloomberg Air New Zealand Ltd Chief Executive Officer Christopher Luxon resigned after more than six years in the role, as he raised the possibility of a new career in politics. Luxon, 48, will step down from day-to-day leadership of the airline on September 25, the company said. An international search for his replacement is underway and a new CEO is ...

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Steinhoff’s path to recovery not enough as shares tumble

Bloomberg Steinhoff International Holdings NV reduced its loss by 70 percent in the fiscal year ended in September. The step towards a recovery wasn’t enough to stop its shares from falling. The net loss was 1.2 billion euros ($1.3 billion) during the period, down from 4 billion euros in the previous year. The owner of Conforama in France and Mattress ...

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Iberdrola to invest $112mn in Ireland renewables projects

Bloomberg Iberdrola SA will invest 100 million euros ($112 million) in renewable energy and storage projects in Ireland by 2025 as it starts to offer customers power in the country for the first time. The Spanish utility said it’s offering consumers in the Republic of Ireland 100 percent clean electricity tariffs as it enters the market with plans to provide ...

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