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Archives: News

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

cybercab launch fails to impress as tesla stock takes a hit

Cybercab launch fails to impress as Tesla stock takes a hit

Photo source: Flickr Tesla's stock experienced a significant decline of nearly 9% following the company's much-anticipated robotaxi event, which left many...

By Mike Jerome Infante | 21 Oct 2024 | 3 min read
alliance group’s smithfield plant set to close, leaving 600 staff out of work

Alliance Group’s Smithfield plant set to close, leaving 600 staff out of work

Alliance’s 139-year-old Smithfield plant in Timaru is set to close, resulting in the loss of 600 jobs. Sheepmeat, calf, and night...

By Leenah-Leen Arandia | 18 Oct 2024 | 2 min read
new zealand triggers mandatory negotiations in dairy dispute with canada

New Zealand triggers mandatory negotiations in dairy dispute with Canada

New Zealand announced today that it has informed the Canadian government and other members of the Comprehensive and Progressive Agreement...

By Leenah-Leen Arandia | 18 Oct 2024 | 2 min read
nz tech sector surges ahead of broader market

NZ tech sector surges ahead of broader market

Photo source: RNZ New Zealand Tech Companies Outperform Broader Market in September Quarter New Zealand’s technology sector has shown impressive resilience as...

By Mike Jerome Infante | 18 Oct 2024 | 2 min read
amd launches new ai chip to challenge nvidia

Amd launches new AI chip to challenge Nvidia

Photo source: Flickr On Thursday, Advanced Micro Devices (AMD) announced the launch of its new artificial intelligence chip, the Instinct MI325X....

By Mike Jerome Infante | 18 Oct 2024 | 4 min read
climatechange

Vanuatu, Fiji, and Samoa push for environmental justice by calling for ecocide recognition

Image source: Markus Spiske Vanuatu, Fiji, and Samoa are calling for the recognition of ecocide as a crime under international law. Their...

By Nicole Valdez | 18 Oct 2024 | 7 min read
cybersecurity

New Zealand strengthens cybersecurity amid rising cybercrime threats

Image source: Dan Nelson The New Zealand government has ramped up its fight against cybercrime with a new initiative aimed at strengthening...

By Nicole Valdez | 17 Oct 2024 | 7 min read
vaccine

Australia’s historic suspension of COVID vaccines raises concerns over public trust

What Are the Implications of Australia's Suspension of COVID Vaccines for NZ's Business Community? Image Resource: Polina Tankilevitch Australia has become the...

By Nicole Valdez | 17 Oct 2024 | 6 min read
acc

ACC reports $7.2 billion deficit

Photo courtesy: ACC ACC Reports $7.2 Billion Financial Shift The Accident Compensation Corporation (ACC) has reported a $7.2 billion deficit for the...

By Leenah-Leen Arandia | 17 Oct 2024 | 2 min read
google teams up with nuclear company to meet energy demands

Google teams up with nuclear company to meet energy demands

Photo source: GoodFon On Monday, Google announced a strategic agreement to acquire energy from Kairos Power, a company focused on developing...

By Mike Jerome Infante | 17 Oct 2024 | 3 min read
contractor and consultant expenditures reduced
HR

Public sector contractor and consultant expenditures reduced

Workforce data for the year ending June 30 has shown spending on contractors and consultants across the public sector decreased...

By Leenah-Leen Arandia | 17 Oct 2024 | 2 min read
bca calls for major zoning reforms to unlock housing supply

BCA calls for major zoning reforms to unlock housing supply

The Business Council of Australia (BCA) is advocating for reforms to zoning laws across the nation to address the ongoing...

By Leenah-Leen Arandia | 17 Oct 2024 | 2 min read
government plans to cap debit and credit card surcharges

Government plans to cap debit and credit card surcharges

The government has recently shared its intention to implement a cap on surcharges for debit and credit card transactions, confirming...

By Leenah-Leen Arandia | 16 Oct 2024 | 2 min read
nz construction

Slow but steady growth for New Zealand’s construction industry

Image source: Jocelyn Kinghorn New Zealand’s construction industry continues to experience slow but steady growth, even as rising costs and economic...

By Liam Foster | 16 Oct 2024 | 4 min read
ransomware attack on casio leads to data breach

Ransomware attack on Casio leads to data breach

Photo source: Flickr Japanese electronics manufacturer Casio has officially acknowledged that a ransomware attack earlier this month led to the unauthorised...

By Mike Jerome Infante | 16 Oct 2024 | 3 min read
'dry promotions' becoming more frequent, survey finds
HR

Dry promotions’ becoming more frequent, survey finds

Dry promotion refers to a situation in the workplace where an employee receives a new job title and increased responsibilities...

By Leenah-Leen Arandia | 16 Oct 2024 | 2 min read