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![Contact Energy unveils $350m geothermal rights issue](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Contact Energy unveils $350m geothermal rights issue
Contact Energy has announced a one-for-nine renounceable rights issue to raise around $350m to help fund new geothermal power station.
![<i>Brian Fallow :</i> A more cheerful tone from Reserve Bank](/pf/resources/images/placeholders/placeholder_l.png?d=799)
<i>Brian Fallow :</i> A more cheerful tone from Reserve Bank
As the markets try to divine how long "some time" is, the nuances of the statement are relatively upbeat.
![<i>NZ stocks:</i> Flat start after Easter](/pf/resources/images/placeholders/placeholder_l.png?d=799)
<i>NZ stocks:</i> Flat start after Easter
The New Zealand sharemarket returned from the Easter long weekend to a little buoyancy in early trading.
![Big drop in vital UK tourists may last years](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Big drop in vital UK tourists may last years
Tourist numbers from Britain are down more than 11 per cent, and there are fears the market could drop for three years.
![Liam Dann: Traders use their noodles to bet on NZ](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Liam Dann: Traders use their noodles to bet on NZ
As if oil prices weren't enough to worry about, instant noodles are being blamed for an impending edible oil shock.