Solar firm Lodestone completes $55m capital raise
Purpose Capital consortium has increased its investment in the solar specialist.
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Latest fromCompanies
Pressure on small business profits as productivity takes a dive - report
Demand-side issues took over last year as productivity fell back to pre-Covid levels.
Business outlook turns dark as recession bites - NZIER survey
On the upside, cost and price pressure continue to ease, suggesting inflation is falling.
Uber rival Ola looks set to stop NZ rideshare operations this week
The rideshare company has puts the skids on local operations.
AI stock Nvidia overtakes Mainfreight in Sharesies record $488m month
35,000 new investors get in the game.
Synlait shuffles deckchairs to speed up asset sales
Synlait has put its chief finance officer in charge of speeding up the sale of Dairyworks.
Business blues bubble to the surface as bad debts rise
An accountant says some businesses should consider whether staying open is viable.
Chicken-free chicken maker Sunfed Meat shutting down, owner lets rip
An investor sees a pricing issue, the plant-based 'meat' sector faces pushback.
BlackRock-managed partnership wins consent for $110m Auckland land deal
LINZ also announced changes to how applications would be handled, effective from today.
Big Qantas loyalty scheme shake-up for travellers
Air NZ rival's new platform is still being built 'to deliver to members in coming years'.
How tech giants cut corners to harvest data for AI
New York Times: OpenAI, Google and Meta ignored corporate policies, altered their rules.
Rachel Hunter-fronted beauty brand Essano sold
The maker of Cancer Council Sunscreen acquires a Kiwi supermarket skincare brand.
Bermuda-based firm bids for second bite of NZ life insurance pie
Will the Reserve Bank and ComCom approve the sale of Asteron Life?
NZ’s highest-paid CEOs revealed, new record of $8.42m set for largest pay packet
Twenty-five chief executives received at least $2m in remuneration in 2023.
One NZ, one year on - and what’s next, from Starlink to AI
PLUS: A marketing expert's verdict on the rebrand.
Synlait deeply in the red, wins reprieve from bankers
Five key elements are outlined for Synlait to have a clear plan to slash debt.
Trump’s $10b media group reports less than $1m in quarterly revenue
Financial Times: Shares fall as auditor says losses raise ‘substantial doubt’.
Business confidence among SMEs on the rise, slowly
Green shoots evident but some tough times still ahead, especially in construction.
Opinion: How can you buy offshore while dodging geopolitical risks?
‘Home country bias’ is real - but how does it affect your investments?
Katie Beith: Greenwashing risks and how ESG can be a science, not an art
OPINION: When you start to look into the detail, ESG becomes complex.
Synlait’s debt impasse set to go down to the wire
Investors in company will have to wait until Tuesday for an update on its debt.
Festivals, gigs boost fortunes for Glassons and Hallensteins
All eyes are on Australia as sales go backwards in NZ.
'Seriously disruptive to the banks': Sam Stubbs' Simplicity takes 19% stake in Taxi
The start-up lets small businesses borrow against their provisional tax.
Former CBL boss Peter Harris admits continuous disclosure breaches, misleading conduct
Another chapter in the long-running saga between CBL and market watchdog.
Gone fast: Fletcher names new acting CEO to take helm
One project was the bane of his career.
Is Fonterra rethinking the future of its Australian and NZ brands business?
A Jarden analyst says there is plenty of potential for capital management.
Power company, F&P Healthcare upgrade earnings forecasts
Manawa says some milestones have been achieved; F&P Healthcare also upbeat.
Reddit shares surge in Wall Street debut
Firm has made uninterrupted losses, but is now selling its users' content for AI training.
Home-building construction crunch: Who has failed lately and why
A 12-point list of the many builder failures lately.
Fonterra boosts first-half profit and dividend
The co-op voices confidence despite 'continuing global uncertainty'.
‘Crocodiles all around’: The Warehouse Group after net loss posted
The retail group is facing multiple adversaries.
Auckland house builder Selah Homes liquidated: What went wrong?
Secured creditors listed include the BNZ, PlaceMakers and The Warehouse.
How Air NZ’s shrinking winter network is affecting passengers and the airline
Airline cites engine problems for Chicago pause after hot competition to US eroded yields.
The Warehouse to close or sell online platform, posts $23.7m loss
Company redirecting focus to 'bedrock' brands.