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Archives: News

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

shane jones

Coal, gold added to critical minerals list, Resources Minister threatens regulatory action against banks

Resources Minister Shane Jones has officially announced the addition of coking coal and gold to the Critical Minerals List. The...

By Leenah-Leen Arandia | 31 Jan 2025 | 4 min read
mortgage

Record mortgage switching as borrowers seek lower rates

New Zealand homeowners scrambled to refinance their mortgage debt in December 2024, with more than $2 billion shifting between banks...

By Nicole Valdez | 31 Jan 2025 | 2 min read
meta sets bold targets for ai expansion amid market changes

Meta sets bold targets for AI expansion amid market changes

Meta is making giant strides in its artificial intelligence initiatives, with CEO Mark Zuckerberg predicting that 2025 will be a...

By Mike Jerome Infante | 31 Jan 2025 | 2 min read
wellington view from mt victoria

Wellington City Council under pressure: Key insights from Crown Observer’s first report

Wellington City Council’s Crown observer, Lindsay McKenzie, has released his first report, offering a critical assessment of the council’s challenges...

By Liam Foster | 31 Jan 2025 | 4 min read
period care

AWWA joins Somedays to expand sustainable menstrual products

New Zealand’s AWWA Periodcare has entered into an acquisition deal with Somedays, the shift that will introduce its sustainable, Māori-led...

By Nicole Valdez | 31 Jan 2025 | 4 min read
microsoft investigates deepseek for alleged misuse of openai api

Microsoft investigates DeepSeek for alleged misuse of OpenAI API

Microsoft is currently conducting an investigation into DeepSeek, a Chinese artificial intelligence startup, over allegations that it may have improperly...

By Mike Jerome Infante | 31 Jan 2025 | 2 min read
hapag lloyd

Hapag-Lloyd and Maersk launch Gemini cooperation network

A collaboration between two of the world’s largest shipping companies, Hapag-Lloyd and Maersk, is set to reshape maritime logistics with...

By Leenah-Leen Arandia | 31 Jan 2025 | 2 min read
healthcare research

U.S. tariffs could cost Fisher & Paykel Healthcare millions

Market Jitters as Trump’s Tariff Plans Resurface Fisher & Paykel Healthcare, a major player in the global medical device industry, is...

By Liam Foster | 31 Jan 2025 | 3 min read
christchurch airport

The revival of New Zealand’s asset sales debate

A Key Issue for 2026 The debate over asset sales in New Zealand is gaining momentum once again, with Prime Minister...

By Liam Foster | 31 Jan 2025 | 4 min read
softbank eyes $25 billion investment in openai

SoftBank eyes $25 billion investment in OpenAI

SoftBank is in discussions to invest up to $25 billion in OpenAI, potentially making it the startup's largest financial backer.  A...

By Mike Jerome Infante | 30 Jan 2025 | 2 min read
google maps reclassifies u.s. as ‘sensitive country’

Google Maps reclassifies U.S. as ‘Sensitive Country’

Google has recently reclassified the United States as a "sensitive country" in its Maps division, a classification typically used for...

By Mike Jerome Infante | 30 Jan 2025 | 2 min read
erica stanford

NZ issues apology for overlooking Pacific nations in RSE policy changes

New Zealand issued an apology to Pacific nations for not consulting them regarding modifications to income and accommodation policies affecting...

By Leenah-Leen Arandia | 30 Jan 2025 | 2 min read
lumin

Kiwi software firm Lumin reaches 100 million users

New Zealand-based document management company Lumin has hit a major milestone, surpassing 100 million users worldwide. The Christchurch-founded firm, which...

By Liam Foster | 30 Jan 2025 | 4 min read
amazon cuts jobs in communications, sustainability

Amazon cuts jobs in communications, sustainability

Amazon is undergoing a restructuring process that involves the elimination of a limited number of positions within its communications and...

By Mike Jerome Infante | 30 Jan 2025 | 3 min read
trump with flags

How Trump’s return could disrupt media laws in New Zealand and Australia

Donald Trump’s return to the White House is already reshaping global policy, and media laws in New Zealand and Australia...

By Liam Foster | 30 Jan 2025 | 5 min read
housing

Majority of Kiwis believe NZ’s housing is in the wrong direction, report says

57% of renters in New Zealand report satisfaction with their current housing situation, in contrast to 82% of homeowners, Ipsos...

By Leenah-Leen Arandia | 30 Jan 2025 | 2 min read