Market close: NZ stocks make second big jump this week
The local index followed a strong day on Wall Street. Source: NZ Herald Business News
Wage growth lags behind the rate of annual inflation, new data shows
Figures show wage growth may have plateaued and tracking behind annual inflation. Source: NZ Herald Business News
Smart cow start-up Halter defies venture capital drought with $85m raise, reveals early uptake
Rocket Lab link helps bolster the Auckland/Waikato start-up. Source: NZ Herald Business News
Trade Me private equity owners eyeing sharemarket float in 2024
Private equity firm that bought the marketplace for $2.56b in 2018 is looking for an exit. Source: NZ Herald Business News
How family-controlled First Citizens became a top-20 US bank
Financial Times: Lender has grown rapidly by buying up distressed rivals. Source: NZ Herald Business News
Tinkering with ChatGPT, workers wonder: Will this take my job?
New York Times: AI is confronting white-collar professionals more directly than ever. Source: NZ Herald Business News
Market close: Synlait continues its tumble; Freightways reveals cyclone hit
The buyers, so prevalent the day before, disappeared and the NZ sharemarket lost ground. Source: NZ Herald Business News
NZ King Salmon pins hopes on Blue Endeavour after return to profit
Company has returned to profitability after a steep loss in 2022. Source: NZ Herald Business News
Establishing scheme to insure deposits taking a little longer than expected
Grant Robertson committed to having deposit insurance scheme set up in 2024. Source: NZ Herald Business News
Sky TV axes 170 local staff as roles sent offshore, says move will improve support
Move comes as the pay-TV broadcaster rolls out new hardware. Source: NZ Herald Business News