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Archives: News

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

mangoes

Mangoes aid postmenopausal heart health, study says

New findings from a UC Davis-led study indicate that mango consumption may play a role in managing blood pressure and...

By Nicole Valdez | 09 Jun 2025 | 3 min read
gasproduction

New Zealand gas production to drop below 100 PJ by 2026

A new forecast from the Ministry of Business, Innovation and Employment (MBIE) reflects the timeline for New Zealand’s declining gas...

By Nicole Valdez | 09 Jun 2025 | 3 min read
mou

MoU kickstarts national energy workforce plan

A joint initiative to develop a national energy workforce strategy is underway, following the signing of an MoU between the...

By Nicole Valdez | 09 Jun 2025 | 3 min read
solarfarmnz

Lodestone to build first South Island solar farm

A 42-hectare solar farm is set to rise in Clandeboye, Canterbury, with Lodestone Energy confirming its latest development. The company’s...

By Nicole Valdez | 09 Jun 2025 | 3 min read
meta set to make record breaking ai investment in scale ai

Meta set to make record-breaking AI investment in Scale AI

Meta is on the verge of finalising a major investment in Scale AI, with reports indicating the sum could exceed...

By Mike Jerome Infante | 09 Jun 2025 | 2 min read
lululemon stock drops sharply following earnings guidance revision

Lululemon stock drops sharply following earnings guidance revision

Lululemon Athletica Inc. saw its share price plunge by roughly 20% after the company lowered its full-year earnings forecast, despite...

By Mike Jerome Infante | 09 Jun 2025 | 3 min read
nzicc

SkyCity takes Fletcher Building to court over NZICC construction delays

SkyCity has initiated legal action against Fletcher Building and The Fletcher Construction Company, demanding $330 million in damages due to...

By Leenah-Leen Arandia | 09 Jun 2025 | 3 min read
p&g to slash workforce by 15% as part of major overhaul

P&G to slash workforce by 15% as part of major overhaul

Procter & Gamble (P&G), the global consumer goods leader, has revealed plans to cut around 7,000 jobs within its non-manufacturing...

By Mike Jerome Infante | 09 Jun 2025 | 2 min read
trump refuses to speak with elon musk amid public feud

Trump refuses to speak with Elon Musk amid public feud

A dramatic rift has emerged between President Donald Trump and Elon Musk, with both men now locked in a very...

By Mike Jerome Infante | 09 Jun 2025 | 3 min read
new zealand’s natural gas reserves depleting faster than forecast

New Zealand’s natural gas reserves depleting faster than forecast

New Zealand's natural gas reserves are depleting faster than previously forecast, posing challenges for households relying on it. According to the...

By Leenah-Leen Arandia | 09 Jun 2025 | 2 min read
nz parliament

Te Pāti Māori MPs suspended from Parliament for performing haka protest

Parliament has voted to suspend three Te Pāti Māori lawmakers after they performed a haka protest during a debate on...

By Liam Foster | 06 Jun 2025 | 3 min read
christchurch airport bags platinum award for sustainable aviation leadership

Christchurch Airport bags Platinum Award for Sustainable Aviation Leadership

Christchurch Airport has been named the Platinum Category Winner of the Airports Council International’s (ACI) Green Airports Recognition 2025, honouring...

By Leenah-Leen Arandia | 06 Jun 2025 | 2 min read
uber expands accessibility with new account type for elderly users

Uber expands accessibility with new account type for elderly users

Uber has introduced a new service tailored to improve the ride-hailing experience for older adults by launching Senior Accounts, currently...

By Mike Jerome Infante | 05 Jun 2025 | 3 min read
nhcinsurance

NHC raises reinsurance protection to $10.3 billion

The Natural Hazards Commission Toka Tū Ake (NHC) will increase its reinsurance protection to $10.3 billion from 1 June 2025,...

By Nicole Valdez | 05 Jun 2025 | 3 min read
mcdonaldnz (1)

McDonald’s NZ cuts dividend amid tax rise

McDonald's New Zealand has reduced its dividend payout to its U.S. parent by more than half, citing a fall in...

By Nicole Valdez | 05 Jun 2025 | 3 min read
wholesalegrocery

NZ grocery wholesalers builds nationwide network

New Zealand Grocery Wholesalers has built a distribution network across the country in just three years. The Woolworths New Zealand...

By Nicole Valdez | 05 Jun 2025 | 3 min read