Global sharemarkets have had a rocky start to the year as investors sweat on a range of issues, including inflation, rising interest rates and persistent Covid-19 cases.Recent market falls have been driven by expectations that rising... Source: NZ Herald Business News
By Louise Ternouth of RNZ Refilling your petrol tank is starting to sting like never before - with prices inching closer to $3 a litre.The AA says that will happen at some point this year, and prices are already nearing record... Source: NZ Herald Business News
New Zealand-based roadbuilder Fulton Hogan is set to buy a 50 per cent stake in New South Wales road contractor Stabilised Pavements of Australia (SPA), according to a report in the Australian Financial Review's "Street Talk".Fulton... Source: NZ Herald Business News
One of the largest hospitality venues in Hastings has closed, citing the introduction of the red traffic light setting and other Covid protection measures as the straws that broke its back.Banners announcing the permanent closure... Source: NZ Herald Business News
The rural sector continues to underpin New Zealand's economic resilience to the global pandemic with forecast dairy prices rising to record highs.Fonterra has lifted its 2021/22 forecast farmgate milk price range to $8.90 - $9.50... Source: NZ Herald Business News
By Jordan Bond of RNZ Representatives from manufacturing, food and grocery, and healthcare are all warning of serious shortages if the self-isolation period for close contacts of Covid-19 cases is not reduced.The Government... Source: NZ Herald Business News
Wellington is among places best positioned to defy an Omicron surge but downtown businesses could atrophy as workers stay home, city leaders say.The capital has some of New Zealand's highest vaccination rates but a business group... Source: NZ Herald Business News
Many businesses have told their staff to work from home after New Zealand moved back into the red Covid setting while others are giving people a choice.While some large corporates today shifted to a staff off-site model, others... Source: NZ Herald Business News
The impact of Omicron will become apparent in empty supermarket aisles in the coming weeks.Prime Minister Jacinda Ardern stressed yesterday there was no need for panic buying and that stores were open in the red traffic light setting.Countdown... Source: NZ Herald Business News
By RNZ Air New Zealand is expecting more cases of Omicron among its crews, with others now showing symptoms, its CEO Greg Foran says.The national airliner announced yesterday it had stood down 15 aircrew members as close contacts... Source: NZ Herald Business News