Whakatāne mayor Judy Turner is thrilled the Whakatāne Mill has been officially sold.Mill owners SIG Combibloc announced yesterday it had sold the mill to a consortium of investors led by European investor Dr Dermot Smurfit.The... Source: NZ Herald Business News
A major cyber attack has led to Australia's largest meatworks company, JBS Foods, shutting down, as well as the company's facilities in the United States and Canada. Read More Why are our defences so shaky? The Waikato ransomware... Source: NZ Herald Business News
Law firm Slater and Gordon is investigating a possible class action claim against a2 Milk in relation to its disclosure over a nine-month period when it announced four earnings downgrades.During this time the shares slumped around... Source: NZ Herald Business News
MediaWorks has reported a loss of $4.8 million for the year ended 31 December 2020. This marks the first financial report from the company since the sale of its television arm to Discovery in September 2020.The latest result included... Source: NZ Herald Business News
The Whakatāne Mill will stay open after its owner, SIG Combibloc, agreed to sell to a consortium of investors including Irish paper and packaging tycoon Dermot Smurfit and New Zealand private equity chief Ross George.The consortium... Source: NZ Herald Business News
A former Vice President at James Hardie says he remembers thinking he wouldn't buy a house with the cladding system now at the centre of a $220 million lawsuit.The James Hardie group of companies deny claims from homeowners who... Source: NZ Herald Business News
By RNZ An ear nurse who was made redundant after the country went into Covid alert level 4 has won more than $30,000 in compensation and lost wages.Gail Lees had been working for Triton Hearing for about three and a half years.When... Source: NZ Herald Business News
Consumers have gone from being empathetic and understanding to once again demanding good service from retailers and service providers.Customer feedback recorded from some of New Zealand's biggest retailers shows New Zealand consumers... Source: NZ Herald Business News
Auckland-based brewery Deep Creek Brewing has returned a trophy they won last week in Australia, after realising they had accidentally entered the wrong category for the awards.In a statement posted on social media on Friday, the... Source: NZ Herald Business News
A shortened snow season, less snow and a much greater dependence on artificial snowmaking will be the new normal for South Island skifields by the end of this century.That is the stark prediction made by a University of Otago master's... Source: NZ Herald Business News