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

co founder of elon musk’s xai leaves to start new ai venture

Co-founder of Elon Musk’s xAI leaves to start new AI venture

Igor Babuschkin, a co-founder of Elon Musk’s AI startup xAI, has announced his departure to pursue a new venture. Having...

By Mike Jerome Infante | 15 Aug 2025 | 2 min read
avocado

Solid harvest at good prices as new avocado season begins

Brad Siebert, chief executive of New Zealand Avocados, said Kiwi shoppers can expect to enjoy high-quality avocados at affordable prices...

By Leenah-Leen Arandia | 15 Aug 2025 | 2 min read
sam altman co founds merge labs to rival elon musk’s neuralink

Sam Altman co-founds Merge Labs to rival Elon Musk’s Neuralink

OpenAI’s CEO Sam Altman is poised to co-found a new startup called Merge Labs, which aims to develop advanced brain-computer...

By Mike Jerome Infante | 15 Aug 2025 | 2 min read
unexpected surge in us producer price index shakes markets

Unexpected surge in US producer price index shakes markets

In July 2025, U.S. wholesale prices rose sharply by 0.9%, well above expectations and marking the largest monthly increase since...

By Mike Jerome Infante | 15 Aug 2025 | 2 min read
uk, germany, france ready to reinstate un sanctions on iran

UK, Germany, France ready to reinstate UN sanctions on Iran

The key European powers—France, Germany, and the United Kingdom, known as the E3—have informed the United Nations that they are...

By Mike Jerome Infante | 15 Aug 2025 | 2 min read
westpac

Westpac lowers select fixed home loan rates

Westpac reduces certain fixed home loan rates. The bank’s one-year special rate for customers with 20% equity would decrease by 10...

By Leenah-Leen Arandia | 15 Aug 2025 | 2 min read
kmart

Kmart faces warning from ComCom for alleged greenwashing

The Commerce Commission has warned Kmart NZ Holdings Limited (Kmart) over alleged claims in its advertising that stated "100% sustainably...

By Leenah-Leen Arandia | 14 Aug 2025 | 2 min read
new zealand money

Economists predict OCR drop

Economists expect the Official Cash Rate (OCR) to drop as the economy faces challenges from a five-year high unemployment rate...

By Leenah-Leen Arandia | 14 Aug 2025 | 2 min read
hackers expose north korea’s secret cyber espionage group

Hackers expose North Korea’s secret cyber espionage group

A rare cyberattack has exposed the secretive operations of North Korea’s espionage group, Kimsuky, after hackers infiltrated a member’s computer....

By Mike Jerome Infante | 14 Aug 2025 | 2 min read
new zealand grocery store

Government called to make health star ratings mandatory on all food products

Public health groups in Australia and New Zealand are urging their governments to mandate health star ratings on all food...

By Leenah-Leen Arandia | 14 Aug 2025 | 3 min read
perplexity proposes multi billion dollar deal for google chrome

Perplexity proposes multi-billion dollar deal for Google Chrome

Artificial intelligence startup Perplexity AI has made an unsolicited bid of $34.5 billion to acquire Google’s Chrome browser, indicating its...

By Mike Jerome Infante | 14 Aug 2025 | 2 min read
china forces us warship to retreat near disputed shoal

China forces US warship to retreat near disputed shoal

China has recently asserted that it forced a U.S. Navy destroyer to withdraw after it sailed near the disputed Scarborough...

By Mike Jerome Infante | 14 Aug 2025 | 2 min read
white house tempers hopes ahead of trump putin meeting

White House tempers hopes ahead of Trump-Putin meeting

The upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin, scheduled for Friday at Joint Base Elmendorf-Richardson...

By Mike Jerome Infante | 14 Aug 2025 | 2 min read
real estate

BNZ announces cuts to fixed home loan rates

BNZ has revealed reductions in certain fixed home loan interest rates.  The bank has lowered its one-year fixed home loan rate...

By Leenah-Leen Arandia | 14 Aug 2025 | 2 min read
house

Kiwi movers boost premium property prices

Selwyn in Canterbury, Nelson-Tasman, and parts of Waikato have been recognised as emerging premium property hotspots, experiencing a rise in...

By Leenah-Leen Arandia | 13 Aug 2025 | 2 min read
international forces disrupt russian ransomware network

International forces disrupt Russian ransomware network

In a notable international effort, the U.S. Department of Justice, together with law enforcement agencies from Canada, Germany, Ireland, France,...

By Mike Jerome Infante | 13 Aug 2025 | 2 min read