Market close: NZ stocks end day lower
The local market was directionless as it snapped its positive start to the week.
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Westpac predicts $10/kg milk price after another strong auction
'We could end up with an extra $4b added to incomes.'
Creditors put dairy farm operation into liquidation – ANZ among those owed nearly $600k
The company had been dairy farming since May 2004.
'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
Anger at big supermarkets inspires Australia’s ‘word of the year’
'Colesworth' outdoes Yimbys and ute taxes as supermarket 'duopoly' frustrates some people.
Inside Economics: All eyes on RBNZ's last big call for 2024
Liam Dann takes a deeper dive into the week's economic news
'A lot of angry people': Workers at NZ's largest paper mill told of plans to halt production
Many workers chose to walk out of a meeting at Kinleith Mill this morning.
Gemstones from The Sapphire Merchant
Gemma Brain and her brother Thomas source gemstones from all over the world to sell to Kiwis who want beautiful jewellery. Video / George Heard
'It’s been one of those years': Farmlands records more losses
The co-op has posted a $14.3 million net loss after tax for the year ended June 2024.
Woman-owned cafe in conservative Indonesia shakes stigma
Aspiring businesswomen here can face not only legal restrictions but also social bullying.
Extending the lifespan of calves will create a new market for new protein source
New Zealand’s low-carbon beef production is set to accelerate.
Lex: Walmart’s cheap goods justify its expensive stock
Financial Times: There are merchants, and then there is Walmart.
Dairy boost with positive GDT result
More good news following the 4.8% jump from the previous event two weeks ago.
SpaceX set for Starship’s next flight, with Trump watching
The 30-minute launch window opens at 11am, New Zealand time.
Top-selling French daily Ouest-France stops posting on X
The paper says it won't return until X becomes a 'regulated space that respects people'.
Ukraine war escalation unsettles markets, European stocks fall
Financial Times: US Treasuries rally as investors sell equities and seek safe assets.
Kinleith Mill job losses feared with ‘change proposal’
Meeting scheduled for this morning as changes proposed at Tokoroa site.
Banks blame red tape for behind the ball on innovation
Reserve Bank says leaving banks to their own devices hasn't worked.
AgriZeroNZ says climate change solutions for agriculture will endure
Climate change initiatives for agriculture will go the distance, Wayne McNee says.
Richard Prebble: Technology a faster way to solve climate change
OPINION: Two New Zealand companies are already showing the way.
High hopes, no new homes yet: NZ Super Fund, Classic partnership
'No titles have come through yet for build partners to commence the construction.'
Kiwi workers lose jobs as billion-dollar firm quietly shifts production to US
AG1 was marketed as ‘made in NZ’, but an investigation reveals it’s mostly made in Utah.
Market close: NZ stocks post second consecutive rise
The New Zealand sharemarket reached its highest level in a month.
Shareholders criticise KMD Brands’ leadership as sales dip
Discontent as KMD's sales for Q1 FY25 were down compared with last year.
'I dropped the ball' - top real estate boss Martin Cooper apologises to disciplinary tribunal
'Accidents happen. Mistakes are made. It was not a conscious decision' - Martin Cooper
Waikato butchery Expleo brings home the bacon
The Te Awamutu business won four national awards recently.
Stealth firing or ethical dismissal? Why employers terminate staff for minor offences
Financial Times: Amazon, Meta among those taking contentious hard line on conduct.
Alliance Group plunges further into the red
Farmer-owned processor lost close to $100 million.
Snack giant Arnott's acquires three New Zealand brands
Mother Earth, Flemings and Value Pack (VP) join the almost 160-year-old Australian group.
Nvidia earnings loom, stocks hesitant as traders brace
After post-election 'explosion', caution before major tech firm's results.
Foodstuffs to appeal ComCom merger decision
The merger was denied last month by the Commerce Commission.
Substack’s great, big, messy political experiment
NY Times: Newsletter start-up betting on political content. But profits remain elusive.
Chris Quin announcing Foodstuffs will appeal ComCom merger decision
Foodstuffs says it will appeal the Commerce Commission's decision to decline its application to merge Foodstuffs North Island and Foodstuffs South Island.
Napier Port says earnings rebound will continue in 2025
The port bounces back after Cyclone Gabrielle sabotaged its post-Covid recovery.