Power price spike a threat to provincial economy, energy users' group says
Multiple mills have had to go offline in the last week due to high power prices.
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Latest fromManufacturing
Rising energy costs could force closure of Oji Fibre Solutions recycling plant
'Crazy outcome' could follow as high power prices blamed for plant's possible closure.
Major energy users grapple with very high power prices
Some major energy users say ruinous prices are making them lose faith in the Government.
World’s biggest lithium producer urges state help to compete with China
Financial Times: US producer cuts expansion plans in struggle over key mineral for EVs.
Warren Buffett’s Berkshire Hathaway halves stake in Apple
Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
Tesla misses profit estimates as Elon Musk delays ‘robotaxi’ launch
Financial Times: Shares fall despite CEO’s claim about ‘autonomous fleet’.
Tiwai Point to ramp down electricity usage to ease tight supply
Tightening gas supply and low lake levels have pushed wholesale power prices higher.
Japanese carmakers ‘very scared’ by China’s rapid EV development
Financial Times: Sony-Honda joint venture boss says conservative culture must change.
Chasing green electrons: Why Rio Tinto went all-in on Tiwai Point
And what the future holds for the Southland plant.
$20m project: NZ paper mill switches from gas to geothermal steam
Mill decarbonisation 'equivalent to removing over 2200 cars from the road'.
Giant new 1.7ha warehouse: Cotton On expands in NZ
Originally opened here in 2006. Now has 1000-plus staff in around 100 stores in NZ.
Rising seas leave 4000 Wellington buildings at risk as '100-year floods' may be annual
Petone will feel the greatest impact, with a stormwater system already under pressure.
China's June factory activity contracts again, services slows
China's economy struggles to get back on its feet.
Worker loses four fingers after his hand is caught in pizza dough machine
The Momma's Foods worker had to have his fingers amputated.
Why Americans are not buying more EVs
Financial Times: Tariffs on Chinese imports could reduce competition and increase costs.
Expansion plans: Where new McDonald's are rising
Three new Auckland outlets opened last year but another four are coming nationally soon.
Toyota shareholders demand vote against chairman after Japan scandal
Chairman to run gauntlet after major embarrassment for the company.
Global defence groups hiring at fastest rate in decades amid record orders
Financial Times: Companies in sector looking to recruit tens of thousands this year.
S&P welcomes NZ power deal
The ratings agency says the 20-year power deal for Tiwai is a boon for generators.
Watch: Apartment specialist opening hub to show revolutionary building methods
Simplicity Living says it is 'a faster, better, cheaper way to build'.
'Like containers' – new Chinese-built apartments shock Sandringham
Kingsway Ave is a street of mainly older wooden Californian-style bungalows.
BMW and Jaguar Land Rover imported banned Xinjiang part to US, Senate probe finds
Financial Times: Carmakers didn't immediately take action after hearing of forced labour.
US lab-grown meat bans criticised as culture war ‘own goal’
Financial Times: Australian start-up warns America is ceding a competitive advantage.
Boeing supplier laying off staff after production of troubled 737s slows
The key Boeing supplier makes the fuselages for its popular 737 Max aircraft.
Second half-year tougher than expected: Fletcher downgrades full-year profit
Falling revenue and margin pressure in some building products businesses cited in update.
From caskets to campers - TrailLite’s next move after turning 70
NZ manufacturer beat the odds to thrive with sales of $57m a year.
More businesses seeking help to downsize as unemployment grows
More firms feeling beaten-up and CTU says it's worried about rising unemployment.
NZ company helps fight US fentanyl drug plague with protection for law enforcers
Eagle Protect has its eye on becoming a $100m company.
Higher fares, fewer planes: Boeing crisis forces airlines to cut services
Financial Times: Delivery delays tied to 737 Max safety concerns hit carriers.
Property Insider: Who leased billionaire Graeme Hart’s new properties; Fletcher changes unprecedented
South Auckland industrial caught the eye of our wealthiest man, who is advancing plans.
German companies’ dependence on China will last decades, warns Siemens
Financial Times: Firms made little progress in “de-risking” their China exposure - report.
Fletcher Building CFO follows chairman, CEO departures
Bevan McKenzie's resignation follows repeated calls for changes at the top.
PM blames Labour for recession, says they should spend a ‘generation’ out of power
It comes on the same day as New Zealand enters a recession.