Prime Minister Christopher Luxon is outlining latest plans for mega-corporation Amazon to invest $7.5 billion in New Zealand. In a re-announcement, Luxon told Newstalk ZB’s Mike Hosking this morning that Amazon Web Services, which specialises in cloud storage and data centres, is setting up in New Zealand. He is set to address media shortly. You
Mayor Kirsten Wise said the point of it was to grow the assets for future generations. “Council has been working on this for a couple of years now,” Wise said. “We recognised that holding the management of these assets within council meant we weren’t getting the most benefit out of them, because we don’t have
QUINCY ‒ Quincy’s economic outlook has been revised downward from stable to negative, while maintaining its “AA” score on long-term debt, according to S&P Global’s ratings. “AA” is the third highest grade issued by the agency. The change stems in part from the $91.9 million loss on investment sustained by Quincy’s retirement system in 2022,