Warning about 'significant' courier text scam

Phone companies are warning customers about a "significant" outbreak of scam text messages, purporting to be from courier companies.A spokeswoman for 2degrees said its customers, along with those of Spark and Vodafone, are receiving... Source: NZ Herald Business News

By | September 28th, 2021|Business|0 Comments

Rakon lifts guidance after AKM fire, share price rallies

Shares in NZX-listed electronic components maker Rakon rallied sharply after it upgraded its earnings guidance for the current year, driven by a big lift in orders and a consumer device boom.By early afternoon, the stock was up... Source: NZ Herald Business News

By | September 28th, 2021|Business|0 Comments

The Warehouse posts record profit, reports growth in online sales

The Warehouse has posted a record net profit for 2021 with total sales up 7.6 per cent to $3.4 billion as customers took to online shopping and splurged after Covid lockdowns.The nationwide retailer reported statutory net profit... Source: NZ Herald Business News

By | September 28th, 2021|Business|0 Comments

Auckland BioSciences buys Australia's CellSera, creating $40m firm

In a pandemic year that has seen so many New Zealand tech firms bought by offshore rivals, Auckland BioSciences (ABS) has bucked the trend by acquiring Australia's CellSera. Read More Wellington gaming studio sold offshore,... Source: NZ Herald Business News

By | September 28th, 2021|Business|0 Comments

Evergrande chairman Hui Ka Yan earned $11 billion in cash dividends while the company spiralled into debt

The world's most indebted real estate company, Evergrande Group, might be on the verge of a catastrophic collapse , but its chairman and founder is still in a very comfortable position.Hui Ka Yan, 62, has lost a substantial proportion... Source: NZ Herald Business News

By | September 28th, 2021|Business|0 Comments