PGG Wrightson a stand-out as NZX 50 slides 1.2% – Market close

PGG Wrightson shares rose 4% to $2.56. Source: NZ Herald Business News

By | August 12th, 2025|Business|0 Comments

Engineering firm Obelisk Industrial goes bust, BNZ and Kiwibank among creditors owed $11m

Liquidators say the director's 'alleged misappropriation' caused collapse. Source: NZ Herald Business News

By | August 12th, 2025|Business|0 Comments

Sheraton Christchurch: New $150m hotel set for 2027 opening

Sheraton Christchurch will open in mid-2027 with 240 premium rooms. Source: NZ Herald Business News

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Foodstuffs North Island developing $70m Māngere centre for chilled, frozen distribution

'We have got to keep up,' Foodstuffs North Island CEO Chris Quin says of the building. Source: NZ Herald Business News

By | August 11th, 2025|Business|0 Comments

US tariff uncertainty clouds New Zealand’s economic outlook – Westpac

A Westpac report says NZ's economy is expected to strengthen over the coming quarters. Source: NZ Herald Business News

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NZ industrial gas crisis: Rising costs force businesses to cut operations

Gas users are curtailing operations due to rising costs. Source: NZ Herald Business News

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Patient claims surgeon upsold unnecessary surgery, nostril collapsed

The doctor was told to apologise and audit complaint procedures. Source: NZ Herald Business News

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Auckland’s Dragonboat Restaurant goes into liquidation after 30 years, owes $1.4m

Auckland Mayor Wayne Brown used the location for a March promotional video. Source: NZ Herald Business News

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NZX50 lifts 0.5%, Metroglass cracks and Eroad climbs – Market close

Metroglass shares were down 20% after it announced its recapitalisation plan. Source: NZ Herald Business News

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Horticulture automation drives need for new skills in post-harvest workforce – report

Automation requires skills in AI, robotics and data analytics to improve efficiency. Source: NZ Herald Business News

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