Elon Musk predicts US recession is 'inevitable', and likely to happen in 'the near term'

Billionaire Elon Musk has predicted an "inevitable" recession in the United States is likely to happen "in the near term" and detailed all the consequences it would entail for the rest of the world.Musk, the [...]

By | June 22nd, 2022|Categories: Business|0 Comments

Megaupload: Inside the guilty plea and what Kim Dotcom had to say about his former friends

A detailed account has emerged of the criminal acts to which Megaupload coders Bram van der Kolk and Mathias Ortmann pleaded guilty today.The prosecution's "summary of facts" to which they pleaded guilty includes an admission [...]

By | June 22nd, 2022|Categories: Business|0 Comments

Bottle shop with a twist to open in central Auckland

New Zealand's first alcohol-free bottle shop is opening in Auckland tomorrow as more Kiwis flock to booze-free beverages. The Curious AF Bottle Shop is located on Ponsonby Rd and is opening with hopes of throwing [...]

By | June 22nd, 2022|Categories: Business|0 Comments

ASB Bank predicts record $10/kg milk price for 2022/23

ASB Bank has revised its 2022/23 milk price forecast from $9.20 to $10.00 per kg of milksolids, which would be the first double-digit milk price on record if it comes to pass.The bank's view is [...]

By | June 22nd, 2022|Categories: Business|0 Comments

Analysts warn golden milk price may drop as costs rise for dairy farmers

The gloss of two $9-plus payouts for dairy farmers is being robbed by rising farm costs and a build-up of environmental changes.A record starting point for a payout of $9 a kilogram of milk solids [...]

By | June 21st, 2022|Categories: Business|0 Comments