Fonterra has agreed to the sale of its two joint venture farms in China's Shandong province to Singapore-based AustAsia Investment Holdings for US$115.5 million ($163.4m).Fonterra, which owns the farms with a joint venture partner,... Source: NZ Herald Business News
Social media influencers and bloggers are being warned not recommend specific financial products amid concerns by the regulator that some may be straying into providing financial advice.The Financial Markets Authority has released... Source: NZ Herald Business News
A luxury tourism business founder says she's been overwhelmed with inquiries after floating a grassroots business funding idea to keep the America's Cup event in New Zealand.Kyria Warren, of Luxury LAS, said she had been in contact... Source: NZ Herald Business News
Air New Zealand has canned the launch of winter flights to Cairns and the Sunshine Coast, along with dozens of other services because of the transtasman bubble pause.All passenger flights from Australia to New Zealand have been... Source: NZ Herald Business News
Elon Musk's early vision for Tesla's gigafactory in Berlin was typically outlandish.Brimming with confidence, the world's second-richest man promised to build a "mega rave cave" beneath the car factory "with an epic sound system... Source: NZ Herald Business News
The world's richest families are teaching their children to hoard their wealth to maintain "dynasties" of billionaires, a new report has found.The Silver Spoon Oligarchs: How America's 50 Largest Inherited-Wealth Dynasties Accelerate... Source: NZ Herald Business News
The Government's slow vaccination rollout has again hit the New Zealand economy. This according to Auckland Chamber of Commerce chief executive Michael Barnett, whose comments follow the decision to pause the transtasman travel... Source: NZ Herald Business News
The surge in Kiwi visitors to Aotea Great Barrier Island and Waiheke Island is forcing a rethink on tourism.Domestic tourism is booming as many of the three million plus trips overseas a year by Kiwis and now being taken at home... Source: NZ Herald Business News
"Banks haven't always been good with Māori," says Renata Blair, BNZ's head of Māori business.But then, the banking world hasn't been well understood by many Māori, he says on the Money Talks podcast."I've always... Source: NZ Herald Business News
Air New Zealand is set to fly year-round to popular Queensland destinations Cairns, the Sunshine Coast and Gold Coast.Under an agreement with the Queensland Government the existing April to October seasonal services move to year-round... Source: NZ Herald Business News