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Archives: News

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

us to impose heavy tariffs on copper, pharmaceuticals

US to impose heavy tariffs on copper, pharmaceuticals

The United States is set to implement a 50% tariff on copper imports, indicating a marked intensification in its trade...

By Mike Jerome Infante | 09 Jul 2025 | 3 min read
ai

AI no longer niche: 61% of U.S. adults using it, study finds

A new report from Menlo Ventures suggests artificial intelligence is no longer niche among American consumers. The 2025 State of...

By Nicole Valdez | 08 Jul 2025 | 3 min read
alcoholic beverages

Arla cancels alcohol licence for Papakura store

McLennan Grocery Store in South Auckland has had its off-licence revoked, just months after it was approved. The Alcohol Regulatory...

By Nicole Valdez | 08 Jul 2025 | 3 min read
freight

Ministry drops freight study after $164K spent

Ministry Drops Freight Study After $164K SpentThe Ministry of Transport has abruptly ended its National Freight Demand Study after spending...

By Nicole Valdez | 08 Jul 2025 | 3 min read
samsung forecasts sharp profit drop in q2

Samsung forecasts sharp profit drop in Q2

South Korean tech giant Samsung Electronics has forecast a sharp drop in its second-quarter profits for 2025, indicating challenges in...

By Mike Jerome Infante | 08 Jul 2025 | 2 min read
uber

Uber disputes drivers’ rights in Supreme Court appeal

Uber is seeking to reverse a major legal setback by appealing to New Zealand’s Supreme Court, following two lower court...

By Nicole Valdez | 08 Jul 2025 | 3 min read
inland revenue

Businesses urged to get financials in order as tax compliance focus sharpens

Companies are being encouraged to organise their financial records and prepare for detailed enquiries as the tax authorities strengthen their...

By Leenah-Leen Arandia | 08 Jul 2025 | 2 min read
tesla loses billions after musk announces political party

Tesla loses billions after Musk announces political party

Elon Musk’s announcement of a new political party has caused Tesla’s shares to drop nearly 7%, wiping over $68 billion...

By Mike Jerome Infante | 08 Jul 2025 | 2 min read
anti money laundering reforms will simplify kids’ bank account applications

Anti-money laundering reforms will simplify kids’ bank account applications

Updates to anti-money laundering laws will make it easier to open bank accounts for children.  The change responds to banks’ concerns...

By Leenah-Leen Arandia | 08 Jul 2025 | 3 min read
trump threatens extra tariffs on brics allies

Trump threatens extra tariffs on BRICS allies

U.S. President Donald Trump has announced that countries aligning with the policies of the BRICS bloc will face an additional...

By Mike Jerome Infante | 08 Jul 2025 | 2 min read
musk announces ‘america party’ amid fallout with trump

Musk announces ‘America Party’ amid fallout with Trump

Elon Musk has announced the creation of a new political party in the United States called the "America Party," indicating...

By Mike Jerome Infante | 07 Jul 2025 | 2 min read
solar

Victoria Uni solar tech may break 30-year efficiency barrier

New research out of Victoria University suggests that the long-standing cap on solar panel efficiency might be surpassed. Dr Nate...

By Nicole Valdez | 07 Jul 2025 | 3 min read
agritech

New agri-safety platform launches in NZ and Australia

A new digital platform targeting multi-party safety accountability in agriculture has launched across New Zealand and Australia. Onside, an agri-tech...

By Nicole Valdez | 07 Jul 2025 | 3 min read
peter thiel, tech leaders launch erebor to support startups

Peter Thiel, tech leaders launch Erebor to support startups

A group of influential technology entrepreneurs, including Peter Thiel and Palmer Luckey, has established Erebor, a groundbreaking digital bank that...

By Mike Jerome Infante | 07 Jul 2025 | 3 min read
prestigementorship

Prestige bias influences hiring and job security decisions, study says

A study spanning four decades of data has found that prestige-based connections can shield underperformance and dampen recognition of genuine...

By Nicole Valdez | 07 Jul 2025 | 2 min read
bolt founder and ceo ryan breslow

Tech company ditches unlimited PTO due to misuse by certain employees

One-click payment company Bolt has discontinued its unlimited paid holiday policy after reporting that "B-performers" were taking advantage of the...

By Leenah-Leen Arandia | 07 Jul 2025 | 2 min read