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Archives: News

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

trade export

NZ exporters hit by unexpected U.S. tariff hike to 15%

New Zealand exporters are facing a new trade hurdle after the United States confirmed a 15% tariff on New Zealand...

By Nicole Valdez | 01 Aug 2025 | 3 min read
moderna to cut 10% of global workforce this year

Moderna to cut 10% of global workforce this year

Moderna has announced plans to cut around 10% of its global workforce by the end of 2025, responding to declining...

By Mike Jerome Infante | 01 Aug 2025 | 2 min read
house for sale

NZ sees third monthly decline in property listings, report shows

National property listings in New Zealand have decreased by nearly 2,000 for the third month in a row, the July...

By Leenah-Leen Arandia | 01 Aug 2025 | 3 min read
ubernz

Uber NZ fights final battle as Supreme Court reviews driver roles

Uber has completed its final appeal to the Supreme Court over whether its drivers are employees under the Employment Relations...

By Nicole Valdez | 01 Aug 2025 | 3 min read
shell reports strong q2 results despite market challenges

Shell reports strong Q2 results despite market challenges

London-listed oil and gas giant Shell reported better-than-expected second-quarter earnings, with adjusted net income reaching $4.26 billion for April to...

By Mike Jerome Infante | 01 Aug 2025 | 2 min read
trump imposes 50% tariff on copper imports

Trump imposes 50% tariff on copper imports

On Wednesday, President Donald Trump announced a 50% tariff on all copper imports to the United States, extending his administration’s...

By Mike Jerome Infante | 01 Aug 2025 | 2 min read
women face increasing financial hardship compared to men, report shows

Women face increasing financial hardship than men, report shows

44% of New Zealanders felt they had improved their financial situation in the 12 months ending in June, while 56%...

By Leenah-Leen Arandia | 01 Aug 2025 | 2 min read
businessevent

NZ Steps Up Business Events Focus After WEF Findings

The World Economic Forum’s Travel and Tourism at a Turning Point report (July 2025) identifies business events as the main...

By Nicole Valdez | 31 Jul 2025 | 3 min read
milk

NZ Dairy Season Opens with 17.8% Milk Surge

Milk production in June surged 17.8% year-on-year, opening New Zealand’s 2025/26 dairy season with unexpected strength. The month generally marks...

By Nicole Valdez | 31 Jul 2025 | 2 min read
new zealand (2)

Business confidence improves in July, residential construction still struggles

Business confidence improved marginally in July, yet conditions continue to be challenging for residential construction companies, the most recent ANZ...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read
queenstown

Queenstown Infrastructure Under Pressure

The infrastructure in Queenstown is under growing strain as the town grapples with ongoing development in a limited geographic space....

By Nicole Valdez | 31 Jul 2025 | 3 min read
adidas warns us tariffs could raise product prices

Adidas warns US tariffs could raise product prices

Adidas shares dropped about 7% on Wednesday following the company’s warning that rising U.S. tariffs could increase the cost of...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
simon bridges

NZCCI: The government’s payment surcharge ban could burden SMEs

The New Zealand Chambers of Commerce (NZCCI) caution that although the government’s proposed ban on retail payment surcharges is well-meaning,...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read
powerful earthquake in russia triggers tsunami alerts across pacific

Powerful earthquake in Russia triggers tsunami alerts across Pacific

A powerful 8.8 magnitude earthquake struck near Russia’s Kamchatka Peninsula early Wednesday, triggering tsunami waves that reached the coastlines of...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
pharma firms demand clarity on tariffs in eu us trade deal

Pharma firms demand clarity on tariffs in EU-US trade deal

Pharmaceutical industry leaders are calling for clear guidance on tariffs under the new EU-U.S. trade agreement, amid concerns that uncertain...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
nikhil ravishankar

Air NZ names Nikhil Ravishankar as new CEO

Air New Zealand appoints Nikhil Ravishankar as its new chief executive.  Ravishankar, who currently serves as the airline’s chief digital officer,...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read