LaTonya Story is every retailer's worst fear.With the viral pandemic re-surging through the country and the economy under threat, Story has decided to slash her holiday shopping budget. She'll spend less than $2000 this season,... Source: NZ Herald Business News
Bottom-line profit from $3.3 billion industrial and logistics landlord Goodman Property Trust dropped in the first half of this year compared to last year due to less-spectacular property revaluations.The business made $224.3 million... Source: NZ Herald Business News
Kiwi Property Group pushed up net profit after tax by 47 per cent to make $54.2 million in the six months to September 30.The giant landlord a few weeks ago opened 57 new stores at New Zealand's largest shopping centre, Sylvia park.Operating... Source: NZ Herald Business News
About 90 Refining New Zealand employees will be made redundant between now and the first quarter of next year.The company made the announcement in an operational update for September/October to the New Zealand Exchange (NZX) following... Source: NZ Herald Business News
The coronavirus pandemic will undoubtedly affect how most people spend Christmas around the globe.Traditionally a time for family gatherings, this year will be a different one for many people, who won't be able to share a Christmas... Source: NZ Herald Business News
Every day, Americans travel on roads, bridges and highways without considering the safety or reliability of these structures. Yet much of the transportation infrastructure in the US is outdated, deteriorating and badly in need of... Source: NZ Herald Business News
Shoppers on the hectic final weekend before Christmas will have to navigate a series of major road closures in downtown Auckland to clear the way for a projected 200,000 America's Cup spectators.And while some business owners are... Source: NZ Herald Business News
New Zealand is in an economic recession and the Government is trying to spend its way through it with direct investment to boost the economy and jobs. At the same time, the Reserve Bank of New Zealand (RNBZ) plans to lend retail... Source: NZ Herald Business News
A former Auckland liquidator has been jailed for four years after stealing $130,000 from two companies he was acting for, committing perjury and obstructing a Serious Fraud Office investigation.Geoffrey Martin Smith, 67, was sentenced... Source: NZ Herald Business News
Giant US meat processor Tyson Foods suspended top officials at its largest pork plant on Thursday (Friday NZT) over allegations they bet on how many workers would get infected during a widespread coronavirus outbreak.The company's... Source: NZ Herald Business News