New Zealand’s Jacinda Ardern Quits As PM, Hipkins To Lead Labour
WELLINGTON: New Zealand's most well known politician in current times Jacinda Ardern has announced she will step down as Prime Minister and Leader of...
RBNZ Hikes OCR To 4.25%, House Prices Likely To Crash 20%
WELLINGTON: The NZ Monetary Policy Committee today increased the Official Cash Rate (OCR) from 3.5 percent to 4.25 percent. The rate hike aimed at...
NZ Banks Can Withstand A 47% Crash In Housing Prices: RBNZ
With ASB economists predicting a 20% housing price fall in 2023 and a rise in the number of real estate inventory, up for sale...
OPINION: How Elon Musk’s Twitter Buyout Could Alter Social Media
By Harsimran Julka
In one of the biggest technology sector deals in the past three years, Twitter, Inc. (NYSE: TWTR) today announced that it has...
Kathmandu Suffers Lockdown Impact As H1 Sales Drop By 0.8%
AUCKLAND | MELBOURNE: Global outdoor, lifestyle and sports company, KMD Brands Limited (ASX / NZX: KMD has announced its results for the six months...
China’s Strict Lockdowns May Trigger Global Supply Chain Chaos: Report
SHANGHAI: As the global supply chain prepared to recover from the collateral damage caused by COVID in 2022, China lockdowns hit the industry back...
Staff Shortages & Freight Hike, Big Challenges For NZ Retailers: KPMG
By Leon Bowker & David Ossa
Despite a successful strategy to contain the pandemic in 2020, New Zealand was hit hard by the Delta variant...
[UKRAINE INVASION]: 12 Tech Giants Who’ve Taken Action Against Russia
MARCH 9: Even as war rages on in Ukraine, in the wake of Russia's invasion of the country, many top Silicon Valley giants have...
Mastercard & Visa Suspend Russia Operations To Pressure Kremlin
MARCH 6: The world's largest payment solutions providers Visa and Mastercard have decided to suspend their operations across Russia. The move comes a day...
Russia Bans Facebook After Meta Demoted RTNews Content
MARCH 5: Even as Facebook on Friday blocked RT News and Sputnik, Russia's state-owned media from monetising their content on Facebook and Instagram, Moscow...
UKRAINE WAR: Rakuten To Suspend All Ads From Viber Across Russia
TOKYO: Japanese online commerce conglomerate the $14 billion Rakuten Group is suspending its advertising services on its instant messaging platform Viber.
However, the company will...
The Warehouse Group Interim Sales Decline 5.7% On Covid Impact
AUCKLAND: New Zealand's largest retailer the $3.4 billion Warehouse Group Limited (“the Group”) has provided a trading update for the five months ending January...
The Warehouse Group: Online Sales Jump 5% To $393 million in 2021
AUCKLAND: The Warehouse Group Limited (“the Group”) has announced a record result for the full year ended August 1, 2021.
The Group delivered sales of...
The a2 Milk Company Acquires 75% Stake in Mataura Valley Milk
AUG 4, 2021: The a2 Milk Company (a2MC) has successfully completed its acquisition of a 75% interest in dairy nutrition business Mataura Valley Milk...
Oceania Healthcare Records Strong 10 Month Results
MAY 22, 2021: Oceania has announced unaudited Underlying Earnings before interest, tax, depreciation and amortisation (EBITDA) of $56.2m for the 10 month period ended...
