Hawke’s Bay Apple Grower South Pacific Growers Enters Receivership Over $13m Debt

South Pacific Growers Ltd received a $13 million Government loan from the North Island Weather Event Fund in December 2023, according to an MBIE spokesman, but the company has since collapsed into receivership with the debt entirely unpaid. Appointed receiver BDO Auckland confirmed that none of the cyclone recovery loan has been repaid, leaving unsecured … Read more

Latvia Issues Red Alert for Torrential Rain and Flood Risk

As a severe cyclone neared on Friday, the Latvian Environment, Geology and Meteorology Centre put out top-tier weather alerts for certain areas, predicting a weekend of heavy downpours and fierce gales that could spark major floods, blackouts, and transit snarls. Red Rainfall Warning Issued for Central Latvia The meteorological agency issued a red warning for … Read more