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Business headlines with summaries.
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Tesla cuts prices around the world
22 Apr 2024Tesla is grappling with falling sales and an intensifying price war for electric vehicles, especially against Chinese EVs.
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The 'remarkably different' beer hops of Taranaki
17 Apr 2024A Taranaki brewer is excited about the distinctive flavour of beer made from hops grown in the region's hill country.
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Anzac Day: What's open, what's not and when you have to pay a surcharge
22 Apr 2024On Anzac Day, most shops need to stay shut for the first half of the day till 1pm.
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The Auckland record store pressing vinyl made out of cooking oil
20 Apr 2024It's Record Store Day, and one Auckland shop is taking the new-found interest in vinyl one step further.
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Air New Zealand drops earnings guidance by $10m
22 Apr 2024Domestic travel is weaker and corporate demand is subdued, the national carrier says.
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More optimism by busineses on economy - survey
22 Apr 2024More than half of business leaders are feeling more optimistic about economic outlook over the next 12 months.
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Profit squeeze on the cards for New Zealand's big four banks - rating agency
22 Apr 2024The country's subdued economy will be felt in the performance of ASB, ANZ, BNZ, and Westpac, Fitch Ratings says.
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'Tens of thousands' of jobs may go, warns business editor
The NZ Herald's business editor says the swingeing public sector job losses are just the beginning - and we could see up to 30,000 jobs go across Aotearoa in the next year. Audio
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Vendor financing of business sales skyrockets
22 Apr 2024There are still plenty of would-be business buyers in the market, but prices are under pressure says the managing director of a business brokerage.
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Music lovers out in force for Record Store Day
20 Apr 2024At one shop, people started lining up at 3.15am ahead of the annual celebration of independent record stores and the music they sell. Audio
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Blackwell Global director Michael Chai arrested in the Philippines
19 Apr 2024Chai was arrested and detained in January while trying to board a plane to Hong Kong.
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Latest job stats show public sector cuts being felt
19 Apr 2024Trade Me data showed listings for jobs in central government were down 77 percent year on year. Audio
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Economy not expected to improve until mid-2025 - Infometrics
19 Apr 2024Households and businesses are being advised to keep a close eye on costs until the middle of next year, when economic conditions are expected to improve.
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Air NZ extends pause on Chicago service over engine 'challenges'
19 Apr 2024Air New Zealand plans to increase capacity to key markets and bring back a couple of popular routes for the summer, but has extended the cancellation of its Chicago service.
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Online education start-up NextWork raises $2.3m in funding
19 Apr 2024Start-up NextWork wants to upskill the growing number of displaced non-tech workers as the use of artificial intelligence grows.
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Sharesies to host online trading of Fonterra shares
18 Apr 2024Co-chief executive Leighton Roberts said the agreement offered a new line of business and should improve liquidity in Fonterra shares.
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PGW cuts earnings forecast by $7m
18 Apr 2024Weaker agricultural market conditions have forced the rural services company to cut its full-year earnings forecast.
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How homebuyers are second guessing the Reserve Bank
18 Apr 2024New data shows borrowers seem to have decided mortgage rates have peaked .
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Business performance sentiment hits record low
18 Apr 2024A positive post-election glow has given way to a gloomy economic outlook.
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AI skills linked to higher salary, productivity, new jobs - report
18 Apr 2024Generative AI could dramatically boost overall productivity with workers in line for much bigger salaries, a global tech giant says.
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Why the latest inflation figures aren't all good news
17 Apr 2024The easing of the annual inflation to its lowest level in three years might be met with applause, but economists are cautious to celebrate. Video
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Inflation drops to 4 percent
17 Apr 2024The annual inflation rate has fallen to its lowest in nearly three years. Audio
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Crowdfunding service Equitise loses licence to operate
17 Apr 2024Crowdfunding investment service Equitise has lost its licence to operate.
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Air NZ announces first electric plane flights
17 Apr 2024The cargo-only route will go several times a day, carrying mail and parcels for NZ Post. Audio
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