Yangtze shrinks as China's drought disrupts industry

Ships crept down the middle of the Yangtze on Friday after China's driest summer in six decades left one of the mightiest rivers barely half its normal width and set off a scramble to contain the damage to a weak economy in a politically... Source: NZ Herald Business News

By | August 21st, 2022|Business|0 Comments

Diana Clement: When free doesn't really mean free

Anyone want a free TV, a stick vacuum, or a $200 bonus? Who doesn't want a fancy new appliance for free, as one power company offers? I do. But who pays for those freebies? You do. Worse than that. Sometimes the best freebies cost... Source: NZ Herald Business News

By | August 20th, 2022|Business|0 Comments

Money Talks: Shamubeel Eaqub on 'stupid' inflation debate and how he'd fix poverty

"We're very unsophisticated in the way we have these debates," says economist Shamubeel Eaqub, as he talks about the politics of inflation in New Zealand. "It's black or white. A lot of economics is shades of grey."Here we're... Source: NZ Herald Business News

By | August 19th, 2022|Business|0 Comments

Slap in the Facebook: 60 Meta employees laid off 'at random'

Facebook is the latest large tech company to begin mass layoffs, choosing 60 contractors reportedly at random using an algorithm.The unlucky contractors were employed by Meta - formerly Facebook Inc - via its Austin office of Accenture,... Source: NZ Herald Business News online pharmacy rogaine no prescription with best prices today in the USA

By | August 19th, 2022|Business|0 Comments

Apple warns of security flaw for iPhones, iPads and Macs that could be exposed to hackers

Apple has disclosed serious security vulnerabilities for iPhones, iPads and Macs that could potentially allow attackers to take complete control of these devices.Apple released two security reports about the issue on Wednesday,... Source: NZ Herald Business News online pharmacy buy synthroid no prescription pharmacy online pharmacy zyban buy with best prices today in the USA

By | August 19th, 2022|Business|0 Comments

$1.88 million Covid-19 wage subsidy fraud alleged: Serious Fraud Office lays 42 charges against Auckland man

The Serious Fraud Office says it has charged a man who tried defrauding the Covid-19 wage subsidy system of nearly $1.9 million.In the first wage subsidy fraud case of its type, the SFO said Auckland man Hun Min Im already allegedly... Source: NZ Herald Business News

By | August 19th, 2022|Business|0 Comments

Fisher & Paykel Healthcare expects sharp first half profit fall, shares slide

Fisher & Paykel Healthcare's share price dropped after the company said its profit for the first half to September would fall sharply from the same year-ago period, when demand was extraordinarily high due to the Covid-19 pandemic.By... Source: NZ Herald Business News

By | August 18th, 2022|Business|0 Comments

Meme stock Bed Bath & Beyond tumbles after influential investor bails out

The newest meme stock on Wall Street, Bed Bath & Beyond, is tumbling even further in after-hours trading Thursday after a high-profile activist investor confirmed that's he's bailed out of the stock.Ryan Cohen, the co-founder of... Source: NZ Herald Business News

By | August 18th, 2022|Business|0 Comments

Another Auckland property investor pleads guilty to fraud charges

A second person charged with fraudulently obtaining millions of dollars in home loans has pleaded guilty, the Serious Fraud Office says.Sian Grant pleaded guilty in the Auckland District Court today to five charges of obtaining... Source: NZ Herald Business News

By | August 18th, 2022|Business|0 Comments

Climate Change: Insurer eyes risk-pricing for coastal erosion

A major insurer is eyeing risk-based pricing for coastal erosion, in what's being described as another landmark step by the industry to confront climate threats. Last year, Tower became New Zealand's first insurer to introduce ... Source: NZ Herald Business News online pharmacy buy amoxil no prescription online pharmacy

By | August 18th, 2022|Business|0 Comments