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Archives: News

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

textile furnishings

NZ brand BAYA opens in Melbourne’s design hub

New Zealand soft furnishings brand BAYA has launched a 270 sq m showroom in Melbourne’s design-focused Richmond district. The company,...

By Nicole Valdez | 10 May 2025 | 3 min read
finance report (1)

NZ faces increased economic pressures, report says

The Reserve Bank of New Zealand (RBNZ) has identified increasing financial stability risks in its May 2025 financial stability report....

By Nicole Valdez | 10 May 2025 | 3 min read
supermarketprices

Legal action laid over Woolworths NZ price discrepancies

Criminal charges have been filed against Woolworths New Zealand for allegedly misrepresenting pricing and specials, with the Commerce Commission citing...

By Nicole Valdez | 10 May 2025 | 3 min read
nz stocks

NZ stocks fall as interest rate concerns linger

The S&P/NZX 50 Index declined by 0.24% to 12,467.03 on Thursday, with total market turnover reaching $133 million from 38,433,775...

By Nicole Valdez | 10 May 2025 | 3 min read
partnershiplistings

Gumtree and NZME launch partnership to target NZ automotive listings

A new partnership between New Zealand Media and Entertainment (NZME) and Gumtree Group is set to shake up the $125.3...

By Nicole Valdez | 10 May 2025 | 3 min read
hearing loss

Hearing loss in midlife linked to dementia risk, study says

A recent Brazilian study highlights a potential link between hearing loss in midlife and an increased risk of dementia. Published...

By Nicole Valdez | 10 May 2025 | 4 min read
openai joins forces with fda to introduce ai in drug regulation

OpenAI joins forces with FDA to introduce AI in drug regulation

OpenAI is currently engaged in discussions with the U.S. Food and Drug Administration (FDA) regarding the use of artificial intelligence...

By Mike Jerome Infante | 10 May 2025 | 2 min read
trade talks yield new us uk deal focused on agriculture, automotives

Trade talks yield new US-UK deal focused on agriculture, automotives

President Donald Trump revealed on Thursday a preliminary trade agreement with the United Kingdom, marking the first formal deal since...

By Mike Jerome Infante | 09 May 2025 | 3 min read
habemus papam cardinal robert prevost elected as pope leo xiv

Habemus Papam: Cardinal Robert Prevost elected as Pope Leo XIV

In a landmark moment for the Catholic Church, Cardinal Robert Francis Prevost, originally from Chicago, has been elected as the...

By Mike Jerome Infante | 09 May 2025 | 4 min read
de beers

De Beers shuts down Lightbox, exits lab-grown diamond jewellery market

De Beers, the 137-year-old diamond powerhouse is closing its lab-grown diamond jewellery brand, Lightbox, signalling a full exit from the...

By Leenah-Leen Arandia | 09 May 2025 | 2 min read
auckland processing centre

Auckland processing centre’s new tech revolutionises border drug and biosecurity screening

Auckland Processing Centre’s New Tech Revolutionises Border Drug and Biosecurity Screening NZ Post has officially opened its 30,000-square-metre Auckland Processing Centre...

By Leenah-Leen Arandia | 09 May 2025 | 3 min read
goatfarm

Footes’ dairy goat farm plunges into debt after Co-op’s collapse

A Northland dairy goat operation once valued at more than $24 million has gone quiet. The sheds are empty, the...

By Nicole Valdez | 09 May 2025 | 3 min read
ovarian cancerresearch

University of Auckland develops affordable ovarian cancer test

University of Auckland researchers are working to develop a new test that could help women access a revolutionary treatment for...

By Nicole Valdez | 09 May 2025 | 3 min read
weightrainingfordementia

Strength training linked to lower dementia risk, study says

A new study led by researchers in Brazil suggests that resistance training could help delay or even reverse cognitive decline...

By Nicole Valdez | 09 May 2025 | 3 min read
carbonfund

Carbon fund down 2.24% in FY 2025

Salt Funds Management’s Carbon Fund has posted a return of -2.24% for the year ending 31 March 2025. This outcome...

By Nicole Valdez | 09 May 2025 | 2 min read
anz

ANZ delivers strong after-tax profit for March half-year

ANZ reported an after-tax profit of $1.28 billion for the six months ending March 31. This marks a 21% increase compared...

By Leenah-Leen Arandia | 08 May 2025 | 2 min read