Scott Tech posts loss, but confident

Scott Technology has posted a bottom-line operating loss of more than $17 million, but the automation and robotics company says it is well-positioned to recover in 2021 - after cutting 150 jobs or around 20 per cent of its workforce... Source: NZ Herald Business News

By | October 31st, 2020|Business|0 Comments

From the cockpit to the tractor cab

By Country Life, RNZ Simon Giles had been flying for Virgin for 15 years when, in April, he suddenly found himself without a job, thanks to the pandemic. Read More union blasts Air New Zealand for axing hundreds more cabin... Source: NZ Herald Business News

By | October 31st, 2020|Business|0 Comments

Woman demands Facebook unblock her account after innocent restaurant search

A Gold Coast woman has had her account blocked by Facebook after she innocently searched for a local eatery.Ebony Neumann's account was hit with a ban shortly after she tried searching for a local Mexican restaurant called Lolita,... Source: NZ Herald Business News

By | October 31st, 2020|Business|0 Comments

Covid 19 coronavirus: The Malt pub reopens in time for Halloween, rugby, but weather a downer

The Auckland pub forced to close for 14 days when it was caught up in the latest Covid-19 community outbreak, is open for business again. Read More Covid 19 coronavirus: Auckland pub The Malt in Greenhithe closed for 14 days,... Source: NZ Herald Business News

By | October 31st, 2020|Business|0 Comments

Stock Market: Tech losses drive Wall Street down again, ending grim week

Wall Street closed out another punishing week Friday with the S&P 500 posting its first back-to-back monthly loss since the pandemic first gripped the economy in March.The S&P 500 dropped 1.2 per cent and ended the week with a 5.6... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments

Internet watchdog warns of rise in scammers' activity

An internet security watchdog is warning people carrying out financial transactions online that there has been a sudden surge in malware attacks.Malware involves a person's device being taken over and fake invoices being sent to... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments

Remuera residential sales tipped to hit $1 billion as housing market booms

More than $1 billion worth of Remuera homes are expected to sell this year as Auckland's red-hot housing market soars to heights not seen since the boom years.The last time so many homes sold in the suburb was 2016, exclusive new... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments

Wage subsidy questions raised after more than 10,000 audits

By Nita Blake-Persen, of RNZ More than 10,000 companies have been audited to check they have met the rules of the Government's wage-subsidy programme.More than $14 billion has been paid in wage subsidies, with some of the larger... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments

Cannabis referendum: Cannasouth, Rua Bioscience stocks sold down after 'no' vote

Shares in the two NZX-listed medicinal cannabis companies were sold down in volatile trading in the aftermath of the "no" vote in the recreational cannabis referendum, held in conjunction with the October 17 general election.Both... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments

Auckland city apartment up for grabs for less than $90,000

Central Auckland apartments usually come with at least a six-figure price tag but for less than $90,000, could this be the city's cheapest apartment?The 40sq m, 1-bedroom apartment in the Q-City building on City St in Auckland central... Source: NZ Herald Business News

By | October 30th, 2020|Business|0 Comments