Privacy fears after WhatsApp's 'secret' update

WhatsApp users have been urged to check their privacy settings after the platform's reportedly "secret" update.The Facebook-owned platform, which made headlines earlier this month after controversially updating to facilitate data... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

AFT Pharmaceuticals expects turnaround after posting lower Covid year profit

AFT Pharmaceuticals reported a net profit of $7.8 million for the March year, down 39 per cent on the previous year's $12.7m but in line with guidance.Underlying, operating profit was $10.7m, down 6 per cent on the same period a... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Chemicals company DGL ends at a premium on day one

Shares in Auckland-based chemicals and dangerous goods company DGL closed on the NZX at a 10c or 10 per cent premium to their $1.00 issue price.The company's initial public offering (IPO), aimed at raising NZ$100 million at NZ$1.00... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Labour Party donation case: Accused six appear in court to face Serious Fraud Office charges

Six people charged by the Serious Fraud Office (SFO) over allegations of an unlawful Labour Party donation have had their first day in court.The accused were called before Judge Brooke Gibson and a full press gallery of journalists... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

72 complaints made to Banking Ombudsman about dead customer accounts

More than 70 complaints about how banks deal with the accounts of dead customers have been made to the Banking Ombudsman this year. The figure was revealed to the Herald after several widows said joint credit cards and accounts... Source: NZ Herald Business News

By | May 23rd, 2021|Business|0 Comments

Bitcoin, Ethereum, Dogecoin price: China crackdown sends cryptocurrencies into red

The bloodbath which has seen Bitcoin drop 37 per cent in value in just two weeks is spreading to other cryptocurrencies.Bitcoin has seen a calamitous drop in price since the record high of A$81,961.56 (NZ$88,298) on April 15 this... Source: NZ Herald Business News

By | May 22nd, 2021|Business|0 Comments

Australian government fund under fire for investment in NZ's Rex Bionics

An Australian Government fund is facing tough questions after pouring millions into a struggling New Zealand biotech company. The Sydney Morning Herald reported today that Australia's Bioscience Managers, appointed as the manager... Source: NZ Herald Business News

By | May 22nd, 2021|Business|0 Comments

BNZ says bank transfer messages being used to abuse, harass victims

Abusers are using bank transfers as a way to send disturbing messages to their victims, according to the Bank of New Zealand (BNZ).According to the bank, people who have been blocked on social media or other ways of communication... Source: NZ Herald Business News

By | May 22nd, 2021|Business|0 Comments

Local Focus: Whanganui Confluence cinema and film company bringing together people and documentaries

Melita Farley and Kevin Double are the husband-and-wife team behind Confluence - a cinema, shared office, film-company social enterprise opposite the Davis Theatre in Whanganui."Social enterprise is a really broad definition," Farley... Source: NZ Herald Business News

By | May 22nd, 2021|Business|0 Comments

Warning mortgages could see 56 per cent increase if US inflation scenario plays out

In the children's fairytale Goldilocks and the Three Bears, Goldilocks encounters three bowls of porridge. One that is too cold and one that is too hot, until, of course, she settles on one that is just right.As the world continues... Source: NZ Herald Business News

By | May 22nd, 2021|Business|0 Comments