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Archives: News

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

visa and mastercard

Retail NZ supports ComCom’s move on interchange fees

Retail NZ supports the Commerce Commission’s ruling on interchange fees for the Mastercard and Visa networks. “Retail payments are a contentious...

By Leenah-Leen Arandia | 18 Jul 2025 | 2 min read
processfoods

Study links small processed food intake to illness

Researchers have identified health risks associated with consuming small amounts of processed food. The study, published in Nature Medicine and...

By Nicole Valdez | 17 Jul 2025 | 3 min read
butter

Food prices climb in year to June 2025, Stats NZ reports

Food prices rose by 4.6% in the year leading up to June 2025, following a 4.4% increase over the 12...

By Leenah-Leen Arandia | 17 Jul 2025 | 2 min read
electric

New rules require large electricity retailers to offer time-of-use pricing in NZ

Large electricity retailers in New Zealand must now offer time-of-use pricing, under new rules introduced by regulators this week. The...

By Nicole Valdez | 17 Jul 2025 | 2 min read
uk retail giant co op hit by major data breach

UK retail giant Co-op hit by major data breach

The Co-op Group, one of the UK’s largest retail cooperatives, has confirmed that hackers accessed the personal data of all...

By Mike Jerome Infante | 17 Jul 2025 | 2 min read
mastercard

ComCom finalises move to reduce interchange fees for Kiwi businesses

The Commerce Commission issued its final decision to lower interchange fees for New Zealand businesses accepting Visa and Mastercard payments.  These...

By Leenah-Leen Arandia | 17 Jul 2025 | 2 min read
roof

Roofbuddy disrupts roofing with tech and supply integration

Auckland-based startup Roofbuddy has scaled nationwide since its launch three years ago by James Logan, targeting inefficiencies in New Zealand’s...

By Nicole Valdez | 17 Jul 2025 | 3 min read
anz asb

Plaintiffs seek $300+ million class action settlement, ANZ says no

Plaintiffs in the class action against ANZ and ASB banks are prepared to resolve the four-year dispute for over $300...

By Leenah-Leen Arandia | 17 Jul 2025 | 3 min read
goldman sachs tops forecasts as trading revenue surges

Goldman Sachs tops forecasts as trading revenue surges

Goldman Sachs exceeded expectations in its second-quarter results announced on Wednesday, driven strongly by its trading operations. The bank reported earnings...

By Mike Jerome Infante | 17 Jul 2025 | 2 min read
trump to notify smaller countries of new us tariffs

Trump to notify smaller countries of new US tariffs

President Donald Trump has indicated that his government will soon begin formally contacting several smaller nations about forthcoming American tariffs,...

By Mike Jerome Infante | 17 Jul 2025 | 3 min read
nissan

Nissan confirms new strategy for NZ market

Nissan is taking steps to re-establish its position in New Zealand, launching a strategy that includes upcoming model releases. The...

By Nicole Valdez | 17 Jul 2025 | 3 min read
indebted

InDebted Strengthens NZ Operations with Debtworks Deal

InDebted, an Australia-founded fintech firm, has entered the New Zealand market through the acquisition of Debtworks. The Auckland-based company becomes...

By Nicole Valdez | 17 Jul 2025 | 2 min read
bowelissues

Mediterranean Diet Eases Bowel Issues, Study Says

Constipation risk in older adults may be eased through diet, according to a major new study. Published in the Gastroenterology...

By Nicole Valdez | 17 Jul 2025 | 3 min read
mark zuckerberg reveals meta’s massive new ai data centre

Mark Zuckerberg reveals Meta’s massive new AI data centre

Meta CEO Mark Zuckerberg has announced plans for Hyperion, a vast new AI data centre designed to provide five gigawatts...

By Mike Jerome Infante | 16 Jul 2025 | 2 min read
pounamu tourism group (ptg),

Pounamu Tourism Group acquires longtime operator Leisure Tours

Pounamu Tourism Group (PTG), a leading New Zealand rail tourism operator, has continued its expansion by acquiring Leisure Tours, a...

By Leenah-Leen Arandia | 16 Jul 2025 | 2 min read
nvidia to resume h20 chip sales to china after us approval

Nvidia to resume H20 chip sales to China after US approval

Nvidia has revealed plans to resume sales of its H20 AI processors to China following assurances from the U.S. government. The...

By Mike Jerome Infante | 16 Jul 2025 | 2 min read