Warren Buffett tells shareholders about spending US$51 billion

Warren Buffett has given Berkshire Hathaway investors a few details about how he spent more than US$50 billion (NZ$79b) earlier this year - and again reassured them the company he built will endure long after the 91-year-old billionaire... Source: NZ Herald Business News

By | April 30th, 2022|Business|0 Comments

The company offering unlimited annual leave to staff

A New Zealand-founded software company is offering its employees unlimited annual leave.In what could be a New Zealand first, Actionstep has removed the cap on days off allowing their staff to go on holiday for as long as they like... Source: NZ Herald Business News

By | April 30th, 2022|Business|0 Comments

Jeff Bezos loses $21 billion in Amazon shares market plunge

Jeff Bezos has had more than $21 billion ($NZ32.5b) wiped off his net worth after Amazon's shares suffered their biggest fall since 2014.The online retail behemoth fell by more than 13 per cent on Friday as investors reacted to... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Citizenship NFTs: Crypto-currency paradise planned for Vanuatu's 'Satoshi' Island

By RNZ A tiny island off Vanuatu's Espiritu Santo Island could become a haven for people who want to live exclusively in a digital world.What was Lataro Island is now called Satoshi Island - Satoshi being a word that has become... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Elon Musk blasts woke culture in controversial tweet

Never one to shy away from Twitter outrage, Elon Musk has sparked another drama with nothing more than a few drawings of stick people.Musk shared a diagram with what be believes to be the political spectrum between those who skew... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Orcon Group, 2degrees merger clears final hurdle with OIO approval

The merger between Orcon Group (aka Vocus NZ) and 2degrees has cleared its final hurdle after the Overseas Investment Office granted consent.The deal earlier gained Commerce Commission, GCSB and shareholder approvals.Orcon Group... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Elizabeth Zhong homicide: Opening statements repeated as Fang Sun murder trial restarts

WARNING: GRAPHIC CONTENT Testimony was set to begin today in the high-profile trial of Fang Sun, accused of killing Auckland businesswoman Elizabeth Zhong after a multimillion-dollar business fallout. Instead, most of the day... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Fonterra says China dairy imports dropped 29 per cent in March

Covid-related port congestion and supply chain delays helped drive China's imports of dairy products down sharply in March, the co-op said in a global market update.It said China's import volumes decreased by 29.1 per cent, or... Source: NZ Herald Business News

By | April 29th, 2022|Business|0 Comments

Postal delay: Posties to deliver mail by foot or bike as Paxster buggies undergo mass audit

The entire 400-strong fleet of electric yellow and red postal buggies has been removed from the streets after a recent audit uncovered a maintenance issue.Delays of a few days were expected for all mail delivered by the Paxster... Source: NZ Herald Business News

By | April 28th, 2022|Business|0 Comments

Sanford sells lobster quota to Deltop for $49.3 million

NZX-listed seafood company Sanford says it has sold its spiny rock lobster quota in the southern South Island to Deltop Holdings, a subsidiary of Fiordland Lobster Co, for $49.3 million.The quota is in Fisheries Management Areas... Source: NZ Herald Business News

By | April 28th, 2022|Business|0 Comments