Cruise ship engineer wins $45k payout

A cruise ship engineer has been awarded nearly $45,000 after being sacked for sharing emails which expressed concern about practices on the vessel, which had previously experienced an on-board explosion.Stuart Hurst worked as a... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

Sleeping KiwiSavers miss out on billions

From the outside, KiwiSaver looks like a huge success story.The retirement savings scheme - which celebrates its 10th birthday tomorrow - has more than 2.7 million members, with investments worth more than $40 billion.Dig a little... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

John Drinnan: No wedding, so it's de facto for Voda-Sky

While Sky TV and Vodafone have withdrawn their appeal against the rejection of their planned merger, the two still plan to stay close.Their would-be marriage was halted by the Commerce Commission, over the potential for other players... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

Sailing away – Onwards and upwards for NZ share market

As New Zealand basks in the afterglow of winning back the America's Cup and going one-up in the three-test rugby union series against the Lions, someone forgot to mention the New Zealand sharemarket, which this week hit its highest... Source: NZ Herald Business News

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Macron's government kicks off controversial labor reform

PARIS (AP) " President Emmanuel Macron's government has launched an effort to redesign French labor rules, one of the most important and divisive promises of his presidency.Labor Minister Muriel Penicaud told RTL radio Wednesday... Source: NZ Herald Business News

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Business groups question Labour policy

Business lobby groups have been quick to question the logic of Labour's new employment policy.Labour would lift the minimum wage to $16.50 an hour and pay core public service workers a 'living wage', says leader Andrew Little.Labour... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

NZ firms wary about 'Internet of Things'

New Zealand companies are reluctant to roll out 'Internet of Things' services, despite the country's preparedness and potential economic gain of doing so, according to an industry report. The IoT Alliance was launched in March to... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

Making Ivanka Trump shoes: Long hours, low pay and abuse

A worker with blood dripping from his head marked a low point in the tense, grinding life at a southeastern China factory used by Ivanka Trump and other fashion brands. An angry manager had hit him with the sharp end of a high-heeled... Source: NZ Herald Business News

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NZ dollar up on improving risk appetite

The New Zealand dollar rose on improving global risk appetite after hawkish comments from a raft of central banks and after all major U.S. financial institutions received approval from the Federal Reserve to ramp up dividend payouts... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments

GeoOp shares suspended ahead of vote

GeoOp, the unprofitable management app developer, will ask shareholders to vote on its plan to de-list from the NZAX and list on the ASX with an initial public offering in Australia and New Zealand. Shareholders will vote at the... Source: NZ Herald Business News

By | June 29th, 2017|Business|0 Comments