NZ shares edge higher as Chinese virus fears weigh

New Zealand shares edged higher as investors continue to assess the impact of the coronavirus outbreak in China.The S&P/NZX 50 Index increased 11.43 points, or 0.1 per cent, to 11,901.11. Within the index, 24 stocks rose, 16 fell,... Source: NZ Herald Business News

By | January 23rd, 2020|Business|0 Comments

NZ dollar falls against Aussie on strong jobs data there

The New Zealand dollar fell sharply against the Australian dollar after better-than-expected jobs numbers across the Tasman reduced the chances of a rate cut there next month.The kiwi was trading at 95.91 Australian cents at 5pm... Source: NZ Herald Business News

By | January 23rd, 2020|Business|0 Comments

Statistics NZ slashes migration estimates, raising odds of construction slowdown

New Zealand's population growth over the past year will be slower than previously thought, with Statistics New Zealand slashing its estimates for gains from migration.Since New Zealand abolished departure cards at border security... Source: NZ Herald Business News

By | January 23rd, 2020|Business|0 Comments

If Jeff Bezos can be hacked so easily, what does that say about Amazon's security?

COMMENT: By private jet and by helicopter, the world's elite swooped back into Davos this week for three days of the usual blather, champagne and lazy hypocrisy over climate change.This year there were a few conspicuous absences.It... Source: NZ Herald Business News

By | January 23rd, 2020|Business|0 Comments

Donald Trump threatens new trade war with Europe

Donald Trump and the World Trade Organisation's boss promised to radically reshape the under-fire trade mediator as the US president threatened to slap huge tariffs on EU carmakers.Mr Trump warned that European Union cars will face... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments

HelloFresh customers charged for 'cancelled' food deliveries

Customers of a meal subscription service, HelloFresh, have been left with a sour taste in their mouths after being charged for deliveries they say they cancelled.Some families say they had to throw out the meals which turned up... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments

Apple accused of abandoning a plan to encrypt iCloud backups after FBI objection

Computing giant Apple's tough talk on customer privacy has been called into question by revelations it may have abandoned a plan to encrypt your iCloud backups at the request of the US FBI.Apple has recently been locked in a dispute... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments

Most wanted: Do you have these sought after job skills?

If you are qualified in architectural design, development operations engineering and coding you are among the most employable in 2020.Those jobs top the list for most sought after skills in New Zealand right now according to a new... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments

NZX50 hits record as Asia recovers from virus fears

The S&P/NZX 50 Index rose to a record as investor confidence recovered from yesterday's fears over the outbreak of coronavirus in China. A2 Milk led the gain. The benchmark index advanced 84.54 points, or 0.7 per cent, to 11,889.68.... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments

Graeme Hart to float part of packaging empire in $2b IPO

Kiwi billionaire Graeme Hart is looking to raise up to US$1.37 billion ($2b) selling part of his packaging empire in an initial public offering. Reynolds Group Holdings last year said its second-largest division - Reynolds Consumer... Source: NZ Herald Business News

By | January 22nd, 2020|Business|0 Comments