Air New Zealand has slashed up to $60 million off forecast pre-tax profits in just two months as high fuel costs hit.The airline has dropped guidance for earnings this financial year to $340 million, the bottom of its previously... Source: NZ Herald Business News
Researchers at Samsung's Artificial Intelligence (AI) Centre in Moscow have created an algorithm that can generate videos using only one image. The development has caused some worry among technology experts and commentators, who... Source: NZ Herald Business News
COMMENT: It's no secret the construction industry is troubled, despite the ongoing boom. Building owners, often the government in one shape or form, have shifted more risk onto construction companies, turning already razor-thin... Source: NZ Herald Business News
It is one of the world's classic stories.A gigantic ark gets built with the help of a higher power, a symbolic refuge from the depravity of humankind. It is a huge, grandiose structure constructed out of wood that is perhaps larger... Source: NZ Herald Business News
COMMENT: For some time now central bankers have been opining that our New Zealand dollar has been 'unjustifiably' and 'unsustainably' elevated in price relative to our major trading partners. The constant rhetoric is that our... Source: NZ Herald Business News
Over a lunch of hamburger steaks, mashed potatoes and green beans, Walter Hussman delivered his pitch to the dozen or so attendees of the Hope, Arkansas, Rotary Club meeting. He promised that if they keep paying their current rate... Source: NZ Herald Business News
There is no dispute that the Facebook video of House Speaker Nancy Pelosi, viewed by millions is a fake, deliberately altered to make her appear drunk. YouTube acted fast and removed duplicates. Other social media outlets have not... Source: NZ Herald Business News
Shoppers both here and abroad are turning their backs on Huawei's handsets in the wake of Google suspending its hardware and software business with the Chinese mobile giant.Huawei's handset popularity has plummeted by more than... Source: NZ Herald Business News
Facebook's former security chief is disagreeing with calls to break up the social network.Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO.Facebook co-founder Chris Hughes and other... Source: NZ Herald Business News
Did you get a 7 per cent raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, that 7 per cent was roughly US$800,000 ($1.2 million).Pay for CEOs at S&P 500 companies... Source: NZ Herald Business News