Royal NZ Yacht Squadron to meet Team NZ boss Grant Dalton over America's Cup future

Team New Zealand boss Grant Dalton will brief members of the Royal New Zealand Yacht Squadron next week on negotiations towards the next America's Cup, amid rumours of a possible legal challenge if an attempt is made to move it away... Source: NZ Herald Business News

By | June 11th, 2021|Business|0 Comments

Prominent businessman to remain in prison after failing with second bid for bail at Court of Appeal

A prominent and wealthy businessman has failed in his second bid for bail at the Court of Appeal as he awaits a challenge of his indecent assault and corruption convictions.The former rich-lister, who continues to enjoy interim... Source: NZ Herald Business News

By | June 11th, 2021|Business|0 Comments

Petrol prices hit highest level since March 2020

The price of petrol is quickly moving toward levels last seen in March 2020. Weekly fuel price monitoring data from the Ministry of Business, Innovation and Employment (MBIE) shows the price of regular petrol currently sat at $2.28... Source: NZ Herald Business News

By | June 10th, 2021|Business|0 Comments

Sweet find in the rubble uncovers Cadbury's history

A glimpse back in time to horse-drawn chocolate deliveries has been discovered amid the rubble at the former Cadbury factory in Dunedin.Company records setting out the corporate history of the firms which operated the Cadbury chocolate... Source: NZ Herald Business News

By | June 10th, 2021|Business|0 Comments

Girls with Hi-Vis: Campaign to get more girls into the infrastructure and roading industry

New Zealand's infrastructure industry is booming but a shortfall of around 44,000 skilled workers in the next five years could have it come to a grinding halt.Roads need replacing, leaky water pipes need upgrading, power lines need... Source: NZ Herald Business News

By | June 10th, 2021|Business|0 Comments

GameStop raids Amazon for new CEO and CFO

GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it's brought on a pair of Amazon veterans as its new chief executive and chief financial officer to aid in its much... Source: NZ Herald Business News

By | June 10th, 2021|Business|0 Comments

Climate change: New Zealand burns most coal for electricity in nearly a decade

New Zealand burned more coal for electricity production in the first quarter of this year than any quarter in nearly a decade. The revelation comes the day after a "transformational" climate change report that slated successive... Source: NZ Herald Business News

By | June 10th, 2021|Business|0 Comments

PM spills the beans during Heinz-Wattie's factory tour in Hastings

Another Prime Minister, another debatable food combination.Prime Minister Jacinda Ardern revealed her unusual toastie preference while on a tour of the Heinz-Wattie's factory in Hastings on Thursday.Wearing a personalised lab... Source: NZ Herald Business News

By | June 9th, 2021|Business|0 Comments

Investors recover some funds stolen by imprisoned Barry Kloogh

A few investors have retrieved some of the money stolen from them by imprisoned Dunedin financial adviser Barry Kloogh.The latest liquidator's reports into the companies fronted by the disgraced businessman were released yesterday.Both... Source: NZ Herald Business News

By | June 9th, 2021|Business|0 Comments

Bitcoin bounces back as El Salvador votes to make it legal tender

Cryptocurrencies have bounced back in a big way this morning after El Salvador voted to become the first nation in the world to adopt bitcoin as legal tender.Over the weekend, the Central American nation's president crashed a wild... Source: NZ Herald Business News

By | June 9th, 2021|Business|0 Comments