Gerry Harvey has unloaded on the politically correct obsession with boardroom gender quotas, saying struggling department store rivals Myer and David Jones score top marks for corporate governance "but we beat the s*** out of them".The... Source: NZ Herald Business News
New Zealand shares rose in heavy trading, led by Vista Group International which recovered some of yesterday's sharp sell-off. The S&P/NZX 50 Index climbed 177.13 points, or 1.7 per cent, to 10,757.20. Within the index, 37 stocks... Source: NZ Herald Business News
The New Zealand dollar dropped below 63 US cents for the first time in almost four years as investors remain nervous that the US-China trade war and a slowing domestic economy will push interest rates lower. The kiwi fell to 62.98... Source: NZ Herald Business News
A Chinese businessman, who was living undetected in New Zealand, has surrendered himself and will return voluntarily to Australia to face charges relating to an alleged multimillion-dollar tax fraud.Li Zhang, 56, appeared today... Source: NZ Herald Business News
Would you pay more for a less chatty Uber driver?A "quiet drive" is one of the options if you choose Uber Comfort - a new service that Uber will trial from Thursday next week in Auckland, Wellington and Christchurch. The trial... Source: NZ Herald Business News
Woolworths' New Zealand Countdown supermarkets eked out a small gain in annual earnings as it sold a greater volume of goods at lower prices.The local unit of the Australian retailer reported earnings before interest and tax of... Source: NZ Herald Business News
New Zealand shares fell, led lower by Vista Group International, which was punished for dialling back its expectations for revenue growth. The S&P/NZX 50 Index declined 46.10 points, or 0.4 per cent, to 10,580.07. Within the index,... Source: NZ Herald Business News
Fonterra has been called out on Facebook for claiming its Mainland feta, made in Denmark, contributes to helping the yellow-eyed penguin in New Zealand.The company, who supports the Yellow Eyed Penguin Trust with its Mainland cheese... Source: NZ Herald Business News
Chorus confirms around 500 staff - about half of its employees - are being consulted on a restructure.An insider told the Herald that staff were called in for "redundancy meetings" from 11.30am this morning.A Chorus spokesman... Source: NZ Herald Business News
Business confidence tumbled further in August with employment, investment and export intentions all falling to "dismal levels," ANZ Bank said in its monthly business outlook survey.A net 52.3 per cent of the 395 respondents expect... Source: NZ Herald Business News