Revealed for the first time: just how much gold is in London's vaults

London has long been acknowledged as the biggest gold trading centre in the world, but no one has ever been able to say for sure how much gold is stored in the capital - until now.New data has revealed that around 7,500 tonnes of... Source: NZ Herald Business News

By | July 31st, 2017|Business|0 Comments

Apple and Google: don't wait for the Broadpwn worm to turn

Imagine your smartphone or tablet getting hacked by simply walking past a Wifi access point. You don't need to do anything for the hack to happen, not even join the Wifi network, and you won't notice it.That scenario could easily... Source: NZ Herald Business News

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Employee stress levels up more than 20pc in two years

Workers are taking fewer days off due to sickness and ill health but stress and anxiety levels have risen by more than 20 per cent in two years.Research by Business New Zealand and Southern Cross Health Society found workers were... Source: NZ Herald Business News

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Metal exchange boss takes on the bear pit

By Lucy Burton When investment banker Matthew Chamberlain was advising on the historic sale of the London Metal Exchange five years ago, he had no idea that by the age of 34 he'd become its boss."That was not on the radar," the... Source: NZ Herald Business News

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Deadly crashes spur calls for tractor-trailer side guards

ALBANY, N.Y. (AP) " Fifty years after actress Jayne Mansfield died in a Buick that slammed underneath a tractor-trailer, auto safety advocates say regulations inspired by that gruesome crash need updating to prevent hundreds of similar... Source: NZ Herald Business News

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Powerhouse Ventures in trading halt of ASX shares

Christchurch-based technology incubator Powerhouse Ventures has sought a trading halt of its ASX-listed shares after the National Business Review reported a mass resignation of directors at investee firm Hydroworks. The company... Source: NZ Herald Business News

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NZ shares gain led by A2 Milk; Xero reaches 3-year high

New Zealand shares rose led by A2 Milk amid optimism it will stand to benefit from Chinese efforts to reduce the number of infant formula brands available in its market, while Xero reached a three-year high as investors were drawn... Source: NZ Herald Business News

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NZ dollar treads water ahead of key data later in week

The New Zealand dollar inched higher as the greenback remains out of favour and investors await key data later in the week.The kiwi traded at 75.06 US cents at 5pm versus 74.99 US cents at 8am in Wellington, having reached 75.23... Source: NZ Herald Business News

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Growth in housing debt continues to slow

The rate at which New Zealand's housing debt is growing has slowed for the sixth consecutive month.While total housing debt grew to a record $235.8 billion the trend for slower growth will be reassuring to the Reserve Bank which... Source: NZ Herald Business News

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Mycoplasma bovis: Second farm tests positive

A second South Canterbury dairy farm belonging to the Van Leeuwen Dairy Group has tested positive for Mycoplasma bovis.The Ministry for Primary Industries says the detection isn't unexpected, because of the close proximity to the... Source: NZ Herald Business News

By | July 31st, 2017|Business|0 Comments