Ford and Rivian cancel their EV plans; Refining NZ confirms Marsden Point will be import only; Kiwi Property Group increases its half year profit.

Recap

English - November 22, 2021 04:19 - 11 minutes - 16.1 MB - ★★★★★ - 2 ratings
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Previous Episode: Casual Friday: My Food Bag to deliver its first dividend; Alibaba’s results miss the mark; CVS to shut 900 stores.

Next Episode: Zoom unmutes expectations with its Q3 results; Arvida profits increase despite pandemic woes; TradeWindow lists on the NZX.

Kiwi Property Group (KPG) releases its interim half year results showing a net profit increase of 164 percent. The board of Refining NZ (NZR) confirms Marsden Point will be decommissioned next year and be moved to an import only model. Ford (F) and Rivian (RIVN) decide to drop plans to partner on a new EV.

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