NZ Oil & Gas shares plunge after striking it unlucky

Shares in New Zealand Oil & Gas have plunged after the company revealed it had failed to find any significant hydrocarbon shows in a well it was drilling off the north west coast of Australia.The company began drilling at Ironbark... Source: NZ Herald Business News

By | December 29th, 2020|Business|0 Comments

The tech winners and losers of 2020

We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. Read More Covid-19: The local and global tech stock winners - and... Source: NZ Herald Business News

By | December 29th, 2020|Business|0 Comments

Brexit: UK EU deal hurts New Zealand exports, says Beef and Lamb

By RNZ The meat industry is urging the Government to fight new quotas for local exporters as part of new trade deal between the UK and European Union.The post-Brexit agreement will mean access will be more controlled.A new... Source: NZ Herald Business News

By | December 29th, 2020|Business|0 Comments

The end of polystyrene fish bins? Havelock North student's sustainable solution

A former Havelock North High School student is helping the fisheries industry walk the talk when it comes to sustainability, developing a prototype alternative to polystyrene packaging bins.Eighteen-year-old Sam Wixon has been hard... Source: NZ Herald Business News

By | December 28th, 2020|Business|0 Comments

Kiwis spend $62m in Boxing Day sales, down on 2019 total

Kiwi bargain-hunters splashed out $62 million on Boxing Day, according to electronic transaction company Paymark. However, retail spending - excluding food, liquor and hospitality - dropped 2.2 per cent compared to last year following... Source: NZ Herald Business News

By | December 28th, 2020|Business|0 Comments

China orders Ant Group to rectify businesses

Chinese regulators have ordered Ant Group, the world's largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country's internet... Source: NZ Herald Business News

By | December 27th, 2020|Business|0 Comments

WhatsApp will stop working on millions of phones by January 1

Peer-to-peer messaging app WhatsApp will stop working on millions of phones on January 1, leaving many without access to the popular app.The change will affect older phones and users will be required to update their software to... Source: NZ Herald Business News

By | December 27th, 2020|Business|0 Comments

Rise of 13% in cost of public servants' salaries

By: RNZ Taxpayers have stumped up an extra $550 million to pay public-sector employees in the past year.That was a 13 per cent rise in just one year.In the last financial year a further 62 public service staff were paid salaries... Source: NZ Herald Business News

By | December 26th, 2020|Business|0 Comments

Boxing Day sales: Shoppers pack malls, 'thankful to be in New Zealand'

Kiwi shoppers are packing out malls and soaking up the annual Boxing Day sales as most of the world grapples with Covid-19-induced restrictions. At Auckland's Sylvia Park, shoppers were lining up even before the first shops opened... Source: NZ Herald Business News

By | December 26th, 2020|Business|0 Comments

Christmas spending: Boxing Day sales start early online as Kiwis flock to the tills

An ailing Auckland furniture store is offering everything at half price in a fire sale starting Boxing Day. The bargain offering at Nido, one of the country's largest homestores, will be just one of hundreds expected across the... Source: NZ Herald Business News

By | December 25th, 2020|Business|0 Comments