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...
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...
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...
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...
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...
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...
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...
[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...
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...
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...
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...
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...
ECONOMY: Building Activity & Construction Slowing Down in NZ
WELLINGTON: The seasonally adjusted volume of building activity was $8.9 billion in the June 2023 quarter, down 0.1 percent compared with the March 2023...
Reserve Bank of Australia Holds Steady On Interest Rates
In a pivotal move reflecting the current economic climate, the Reserve Bank of Australia's Board convened for its latest meeting and chose to maintain...
US Tops List of Applicants, Investor Visa To Attract $1.3 Billion In NZ
WELLINGTON: New Zealand’s Active Investor Plus Visa continues to gain momentum, with the United States leading the surge in applications under the newly revised...
