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

business leaders call for action from new german government

Business leaders call for action from new German government

Since Friedrich Merz took office as Germany’s Chancellor just over 100 days ago, the business community has pressed the government...

By Mike Jerome Infante | 22 Aug 2025 | 2 min read
elon musk ordered to face lawsuit over election lottery

Elon Musk ordered to face lawsuit over election lottery

A federal judge in Texas has ruled that Elon Musk must face legal proceedings over allegations that he conducted an...

By Mike Jerome Infante | 22 Aug 2025 | 3 min read
fonterra

Fonterra raises 2024/25 farmgate milk price forecast 

Fonterra Co-operative Group Ltd raised its forecast for the 2024/25 season Farmgate Milk Price from $10.00 per kgMS to $10.15...

By Leenah-Leen Arandia | 22 Aug 2025 | 2 min read
china increases russian oil purchases as india cuts back

China increases Russian oil purchases as India cuts back

In response to recent U.S. trade policies, China has increased its purchases of Russian crude oil, snapping up shipments that...

By Mike Jerome Infante | 21 Aug 2025 | 3 min read
kitchen things

Appliance retailer Kitchen Things enters receivership

Kitchen Things, a nationwide premium kitchen and laundry appliance company, has entered receivership following continued trading losses. Russell Moore, Stephen Keen,...

By Leenah-Leen Arandia | 21 Aug 2025 | 2 min read
ocr

Reserve Bank cuts OCR to 3%

The Reserve Bank (RBNZ) has reduced the Official Cash Rate (OCR) to 3% from 3.25%.  The central bank said the economy...

By Leenah-Leen Arandia | 20 Aug 2025 | 2 min read
swatch

Swatch removes ad following backlash in China

Swiss watchmaker Swatch issued an apology and withdrew an advertisement after it was deemed offensive by audiences in China. In an...

By Leenah-Leen Arandia | 20 Aug 2025 | 1 min read
workday confirms data breach exposing personal information

Workday confirms data breach exposing personal information

Workday, a leading global human resources software provider, has confirmed that hackers accessed and stole personal information from one of...

By Mike Jerome Infante | 20 Aug 2025 | 2 min read
yourride nz

YourRide introduces fixed fares across New Zealand

The New Zealand taxi app YourRide provides fixed fares across the country, covering popular routes such as Auckland Airport to...

By Leenah-Leen Arandia | 20 Aug 2025 | 1 min read
softbank dips as it invests $2 billion in intel

SoftBank dips as it invests $2 billion in Intel

SoftBank Group’s shares dropped sharply on Tuesday, ending a nine-day winning streak after announcing a $2 billion investment in Intel...

By Mike Jerome Infante | 20 Aug 2025 | 2 min read
european defence stocks fall despite hopeful ukraine talks

European defence stocks fall despite hopeful Ukraine talks

European defence shares declined on Tuesday, even as European stock markets enjoyed a slight lift following a crucial diplomatic meeting...

By Mike Jerome Infante | 20 Aug 2025 | 3 min read
washington talks yield cautious optimism on ukraine conflict

Washington talks yield cautious optimism on Ukraine conflict

President Volodymyr Zelenskyy returned to Washington on Monday for talks with U.S. President Donald Trump and several European leaders to...

By Mike Jerome Infante | 20 Aug 2025 | 2 min read
electricity authority takes steps to equalise the power market

Electricity Authority takes steps to equalise the power market

The Electricity Authority is taking steps to create a more balanced playing field between the four major gentailers (Genesis, Contact,...

By Leenah-Leen Arandia | 20 Aug 2025 | 2 min read
event equipment rental company enters liquidation

Wellington’s event equipment rental company enters liquidation after 70 years

Wellington-based event equipment rental company Hiremaster entered liquidation on August 14, ending over 70 years of operation. David Ruscoe and Adele...

By Leenah-Leen Arandia | 19 Aug 2025 | 2 min read
a2milk

a2 Milk lifts revenue, beats forecasts

a2 Milk Company (ATM.NZ) delivered stronger-than-expected annual earnings as demand for infant milk formula in China continued to rise. Profit...

By Nicole Valdez | 19 Aug 2025 | 3 min read
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Tesla cuts UK lease fees as sales fall sharply

Tesla is currently grappling with a notable drop in sales across the United Kingdom, prompting the company to almost halve...

By Mike Jerome Infante | 19 Aug 2025 | 2 min read