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Echoes of 2007 credit crunch in Britain

There are eery echoes of 2007. A decade on from the financial crisis, Britons are back to their bad old habits, buying on the never never, racking up debt hand over fist.It is not a precise re-run of that giant boom and bust. The...

Source: - Business | 25 Jun 2017 | 8:43 pm(NZT)

Google will stop reading your email to help sell ads

Google is going to stop reading your Gmail in search of opportunities to sell ads.The change announced Friday will end a practice that Google has embraced since the company introduced Gmail in 2004. The practice has raised concerns...

Source: - Business | 25 Jun 2017 | 8:40 pm(NZT)

Posties’ union calls to cancel fastpost postage increase

Posties’ union calls on NZ Post to cancel next week’s fastpost postage increase NZ Post should cancel next week’s 50 cent increase in fastpost postage until the company can consistently honour public expectations about its delivery service says ...

Source: Scoop NZ - Business | 25 Jun 2017 | 7:34 pm(NZT)

Switch proves knockout hit for Nintendo

It is indisputable that Nintendo has another hit on its hands with its portable-meets-home console, the Switch.The system has been selling faster than the company can make and ship units, and during this year's Electronic Entertainment...

Source: - Business | 25 Jun 2017 | 7:11 pm(NZT)

Redundancies mooted at Westland Milk Products' major processing plant

Officials from New Zealand's second largest dairy co-operative have met with staff at its West Coast headquarters to discuss job losses.

Source: - Business | 25 Jun 2017 | 6:31 pm(NZT)

Dancer to workout queen: How ClassPass became a multimillion-dollar business

Many little girls grow up loving ballet. And many become women who still want to dance, or run, or stand on their heads, but are slightly afraid.Payal Kadakia was one of those women.The New Jersey-born Indian American was passionate...

Source: - Business | 25 Jun 2017 | 5:58 pm(NZT)

Lions fans set to boost Wellington economy

The Lions tour is expected to pump $30 million into Wellington over the next week.

Source: Radio New Zealand Business Headlines | 25 Jun 2017 | 4:38 pm(NZT)

Serious Fraud Office to probe $15m forex hole

A foreign exchange firm that collapsed leaving a mystery over $500,000 in bullion found in an office safe and creditors owed $15 million is being investigated by the Serious Fraud Office.The April collapse of Queen St-based Forex...

Source: - Business | 25 Jun 2017 | 4:30 pm(NZT)

CuriousCity: Inside Wellington's Bolton Hotel as they ready for a week of rugby revelry

After weeks of Lions fever around the country, it's finally Wellington's turn to host the British and Irish side and thousands of dedicated fans. Ruby Macandrew takes a peek inside one of Wellington's 5-star hotels as staff prepare for their busiest week to date.

Source: - Business | 25 Jun 2017 | 3:48 pm(NZT)

New rules prohibit restaurants grilling medium-rare burger

New Zealand's oldest licensed premises has pulled a burger that's been the cornerstone of its menu – blaming it on bureaucratic red tape gone mad.

Source: - Business | 25 Jun 2017 | 3:19 pm(NZT)

$30m Lion's share for Wellington's economy from rugby double-header

British and Irish Lions fans set to converge on Wellington are expected to inject $30 million into the regional economy during their week-long stay.

Source: - Business | 25 Jun 2017 | 2:58 pm(NZT)

Blenheim street still finding its feet in post-quake recovery

November's earthquake brought a sudden and literal shake-up to the Blenheim town centre, and one street is still finding its feet.

Source: - Business | 25 Jun 2017 | 1:52 pm(NZT)

Kiwifruit Claim Heads to High Court

Kiwifruit Claim Against the Government Heads to High Court Seven years after the devastating PSA-V outbreak which decimated the kiwifruit industry in New Zealand, 212 kiwifruit claimants will finally get their day in the High Court in August. The ...

Source: Scoop NZ - Business | 25 Jun 2017 | 12:57 pm(NZT)

CSR Hebel NZ – media statement

CSR Hebel supports the ongoing proceedings brought by the NZ Commerce Commission into Autoclaved Aerated Concrete (AAC) panels imported from China that were misrepresented as Hebel®.

Source: Scoop NZ - Business | 24 Jun 2017 | 6:32 pm(NZT)

Entec hosts seminars on the latest advances in Gas Detection

Auckland-based Entec , a provider of mechanical, electrical, instrumentation and gas detection solutions, has recently hosted seminars on the latest advances in portable gas detection technology.

Source: Scoop NZ - Business | 24 Jun 2017 | 3:42 pm(NZT)

MARKET CLOSE: NZ shares fall

June 23 (BusinessDesk) - New Zealand shares dipped, with Contact Energy and Trustpower falling, while CBL Corp and Restaurant Brands rose.

Source: Scoop NZ - Business | 23 Jun 2017 | 8:44 pm(NZT)

Restaurant Brands to list on ASX

Fast-food operator Restaurant Brands is planning to list on the Australian stock exchange this year to reflect the shifting focus of its business.

Source: Radio New Zealand Business Headlines | 23 Jun 2017 | 12:56 pm(NZT)

Kaikōura fishery could be closed for up to a decade

Kaikōura and Marlborough's quake-damaged fisheries industry may take up to a decade to recover, a south Marlborough fisherman says.

Source: Radio New Zealand Business Headlines | 22 Jun 2017 | 6:58 pm(NZT)

Autumn storms boost Mercury's profits

New analysis shows the cyclones that ravaged parts of the upper North Island in April proved a boon for parts of the electricity industry.

Source: Radio New Zealand Business Headlines | 22 Jun 2017 | 11:16 am(NZT)

Dame Julie Christie to leave MediaWorks

Dame Julie Christie is stepping down from her role on the board of MediaWorks and will return to the world of television production.

Source: Radio New Zealand Business Headlines | 22 Jun 2017 | 10:28 am(NZT)

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