HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 1,021.At this time a year ago there were 870 active rigs.Houston oilfield services company Baker Hughes reported Friday... Source: NZ Herald Business News
SAO PAULO (AP) — Brazil's government says the country's unemployment rate for the January-March period was at 13.1 percent, 1.3 percent higher than in the previous quarter.The country's IBGE statistics bureau said Friday that that... Source: NZ Herald Business News
The most important thing on Alibaba CEO Daniel Zhang's plate is to "think about the future — not only about today".While legendary founder Jack Ma waves Alibaba's flag around the globe, Zhang spends his time in the business of what... Source: NZ Herald Business News
A government employee died in a suspected suicide just ten days after complaining to management he was the victim of sustained, unresolved workplace bullying.However, the Housing New Zealand staff member's death was not notified... Source: NZ Herald Business News
Airfares for business travellers crept up steadily during the past year and are forecast to climb again this year, shows a report done for the travel industry.Research for Flight Centre's corporate travel arm, FCM, reveals that... Source: NZ Herald Business News
FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz luxury cars, saw its first-quarter net profit fall 11 percent from the same quarter a year ago, when the company had one-time gains from the sale of real estate and from... Source: NZ Herald Business News
New Zealand shares gained, led by Fisher & Paykel Healthcare Corp and Kathmandu in broad-based buying.The S&P/NZX50 Index rose 88.32 points, or 1 per cent, to 8,370.37. Within the index, 39 stocks rose, seven fell and four were... Source: NZ Herald Business News
SACRAMENTO, Calif. (AP) — Investigators who used a genealogical website to find the ex-policeman they believe is a shadowy serial killer and rapist who terrified California decades ago call the technique ground-breaking.But others... Source: NZ Herald Business News
The New Zealand dollar is heading for a 2 per cent drop against the greenback this week as rising yields on US bonds and the prospect for US interest rates to go even higher spurs demand for the world's reserve currency. The kiwi... Source: NZ Herald Business News
An explosion and asphalt fire at a Wisconsin oil refinery sent huge plumes of smoke into the air that pollution experts said almost certainly contained large amounts of toxins, posing a serious health risk to those living downwind.Asphalt... Source: NZ Herald Business News