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Explore our coverage of New Zealand and World politics, economics, business and culture.

david seymour at government house, wellington

A closer look at David Seymour’s Regulatory Standards Bill

Last week, Minister for Regulation and ACT Party leader David Seymour unveiled his plan to reform New Zealand’s regulatory framework....

By Liam Foster | 28 Nov 2024 | 5 min read
sustainable foods limited enters liquidation

Sustainable Foods Limited enters liquidation

Plant-based food manufacturer Sustainable Foods Limited (SFL) has entered liquidation, just two months after its transition into voluntary administration. The decision...

By Leenah-Leen Arandia | 28 Nov 2024 | 2 min read
russian hackers target firefox, windows users

Russian hackers target Firefox, Windows users

Photo source: PixaHive Security researchers have identified two previously undisclosed zero-day vulnerabilities that the Russian-affiliated hacking group RomCom is actively exploiting...

By Mike Jerome Infante | 28 Nov 2024 | 3 min read
todd energy

Title: Todd Energy to continue drilling operations next year

Photo source: Todd Energy Todd Energy is set to resume its oil and gas drilling activities in 2025, following a year...

By Leenah-Leen Arandia | 28 Nov 2024 | 2 min read
tesla expands teleoperations team for upcoming robotaxi service

Tesla expands teleoperations team for upcoming robotaxi service

Photo source: FMT Tesla is reportedly assembling a teleoperations team to support its forthcoming robotaxi service. A recent job advertisement indicates...

By Mike Jerome Infante | 27 Nov 2024 | 3 min read
kmart nz approaches $1 billion revenue (1)

Kmart NZ approaches $1 billion revenue

Kmart's New Zealand operation is on the verge of a major milestone, with its revenue nearing the $1 billion mark....

By Leenah-Leen Arandia | 27 Nov 2024 | 1 min read
solarzero enters liquidation

SolarZero enters liquidation

Solar power company SolarZero has entered liquidation. The decision comes after the company faced unsustainable operating losses and liquidity constraints,...

By Leenah-Leen Arandia | 27 Nov 2024 | 2 min read
new tariffs on canada, mexico, china loom under trump

New tariffs on Canada, Mexico, China loom under Trump

Photo source: FMT President-elect Donald Trump has announced a bold economic strategy that includes substantial tariffs on imports from Canada, Mexico,...

By Mike Jerome Infante | 27 Nov 2024 | 3 min read
ocr

Reserve Bank cuts OCR to 4.25%

The Reserve Bank of New Zealand (RBNZ) has reduced the Official Cash Rate (OCR) by 50 basis points to 4.25%...

By Leenah-Leen Arandia | 27 Nov 2024 | 2 min read
italian startup volta raises record €6 million pre seed round for b2b saas platform

Italian startup Volta raises record €6 million pre-seed round for B2B SaaS platform

Photo source: Vestbee Volta, a newly established startup operating from dual headquarters in Milan and Paris, has successfully raised €6 million...

By Mike Jerome Infante | 27 Nov 2024 | 3 min read
housing market optimism rises, rapid recovery unlikely, asb survey reveals

Housing market optimism rises, rapid recovery unlikely, ASB survey reveals

Kiwis are experiencing a shift in sentiment regarding the housing market, according to ASB's latest Housing Confidence Survey. The survey...

By Leenah-Leen Arandia | 27 Nov 2024 | 2 min read
gas supply shrinkage sparks suburban shortage fears

Shrinking gas supply fuels suburban shortage concerns

Auckland's electricity and gas network company, Vector, has issued a stark warning regarding potential gas supply shortages in certain suburbs....

By Leenah-Leen Arandia | 26 Nov 2024 | 2 min read
new zealand

Government invites regions to collaborate on economic growth plan

Local Government Minister Simeon Brown announced on November 21 that the government has invited all regions to submit proposals and...

By Leenah-Leen Arandia | 26 Nov 2024 | 3 min read
anthropic secures additional $4 billion funding from amazon

Anthropic secures additional $4 billion funding from Amazon

Photo source: FMT Amazon has announced an additional investment of USD$4 billion in Anthropic, an artificial intelligence startup founded by former...

By Mike Jerome Infante | 26 Nov 2024 | 2 min read
samsung electronics chief could face harsh penalty amid corporate scandal

Samsung Electronics chief could face harsh penalty amid corporate scandal

Photo source: FMT South Korean prosecutors have requested a five-year prison term along with a fine of 500 million KRW (approximately...

By Mike Jerome Infante | 26 Nov 2024 | 3 min read
parmesan cheese

Fonterra prevails in Parmesan translation case in Singapore

Fonterra Co-operative Group has secured a legal victory in Singapore, affirming that the term Parmesan cheese does not equate to...

By Leenah-Leen Arandia | 26 Nov 2024 | 3 min read