NZ Herald: New Zealand's Latest News, Business, Sport, Weather, Entertainment, Politics

Latest FromHolly Ryan

Once one of the sharemarket's hot prospects, Orion Health has disappointed its investors. Photo / 123RF

BUSINESS

Big Read: Orion Health's fading star

29 Jun, 2018 5:00am
11 minutes to read

Once one of the sharemarket's hot prospects, Orion Health has disappointed its investors.

Kea World Class NZ 2018 award recipients (from left) Mitchell Pham, Brian Monahan, Delwyn Moller, Neal and Annette Plowman, Cliff Curtis, Peter Beck, Jennifer Flay, Mark Sagar. Photo / supplied

BUSINESS

World class Kiwis celebrated at Kea Awards

23 Jun, 2018 5:00am
8 minutes to read

Kiwi leaders were celebrated at this week's Kea World Class New Zealand Awards.

Firms that ignore disruption risk becoming akin to the walking dead. Photo/123RF.

BUSINESS

Dawn of the 'zombie companies' a risk to NZ business

19 Jun, 2018 8:29am
3 minutes to read

Kiwi firms understand the importance of disruption but most are not preparing for it.

A High Court judge has placed a freezing order over bank accounts of Hamilton man Richard Whitham and a company he directs has been put into interim liquidation. Photo / 123rf.

BUSINESS

Firm pursues ex employee in court over missing $4m

18 Jun, 2018 12:00pm
5 minutes to read

A judge has frozen the bank accounts of the employee.

Caroline Rainsford says her job is to help NZ companies make the digital transformation. Photo / Dean Purcell

BUSINESS

The Interview: Caroline Rainsford

16 Jun, 2018 5:00am
7 minutes to read

Google's NZ boss promises to make the company more open.

Jason Paris, incoming chief executive of Vodafone NZ. Photo / file

BUSINESS

New Vodafone CEO set to go toe to toe with former boss

12 Jun, 2018 8:59pm
3 minutes to read

Jason Paris is set to go toe to toe with former boss Simon Moutter

Vodafone NZ chief executive Russell Stanners. Photo / file

BUSINESS

Russell Stanners to leave Vodafone

12 Jun, 2018 9:17am
3 minutes to read

This brings an end to his 17-year tenure with the company.

Invivo wine co-founders Tim Lightbourne and Rob Cameron with Graham Norton (middle). Photo / Michael Bradley

BUSINESS

Invivo Wines looks to raise $6.5m capital

6 Jun, 2018 3:45pm
3 minutes to read

Kiwi wine brand Invivo is looking to raise $6.5m for US expansion plans

Whitney Wolfe Heard, founder of app Bumble. Photo / Kristen Kilpatrick

BUSINESS

Kiwis abuzz over $1b dating app, Bumble

2 Jun, 2018 9:10am
4 minutes to read

Dating app Bumble is setting its sights on expansion in New Zealand.

Spark CEO Simon Moutter at the Spark offices. Photo / Nick Reed

BUSINESS

Spark partners with Sky Sport to offer Fan Pass for $30

1 Jun, 2018 9:39am
4 minutes to read

This is the cheapest Sky Sport deal customers have been offered.

Airbnb is worth almost $660m to NZ's economy. Photo / 123RF

BUSINESS

Some Airbnb and BookaBach owners to pay extra rates

30 May, 2018 1:00pm
4 minutes to read

Airbnb's value to the New Zealand economy has been highlighted in a new report

Ian McCrae, CEO of software company Orion Health. Photo / file

BUSINESS

Orion Health preparing for sale, say analysts

29 May, 2018 5:21pm
3 minutes to read

Tech company Orion Health looks to be preparing for a partial or full sale say analysts.

Andrew Ferrier, chairman of software company Orion Health. Photo / Brett Phibbs

BUSINESS

Orion Health meets forecast as it continues restructure

29 May, 2018 12:24pm
3 minutes to read

Orion Health has met its full year 2018 forecast and is keeping quiet on sale plans.

Good George general manager Race Louden. Photo / supplied

BUSINESS

Brewer builds underground pipeline for beer

28 May, 2018 9:04pm
3 minutes to read

Good George brewing is planning an underground pipeline to cope with expansion

Fisher & Paykel Healthcare chief executive Lewis Gradon at the F&P Healthcare in East Tamaki. Photo / Dean Purcell

BUSINESS

Market has priced FPH at perfection, say analysts

28 May, 2018 2:52pm
3 minutes to read

Shares in Fisher & Paykel Healthcare fell slightly, despite another record result.

Fisher & Paykel Healthcare chief executive Lewis Gradon at the offices in East Tamaki. Photo / Dean Purcell

BUSINESS

F&P Healthcare posts record result, nears $1 billion revenue

28 May, 2018 9:39am
4 minutes to read

Fisher & Paykel Healthcare has posted another record result

Greg Shanahan, managing director of Technology Investment Network. Photo / File

BUSINESS

Investment in NZ tech sector at record levels

24 May, 2018 6:00pm
2 minutes to read

Technology is New Zealand's third-largest export sector.

BUSINESS

Vodafone departure fuels Sky rumour

24 May, 2018 12:33pm
2 minutes to read

Vodafone executive's departure fuels Sky TV CEO rumours

MYOB futurist in residence Keran McKenzie. Photo / supplied

BUSINESS

Ten tech trends that will shape the world

24 May, 2018 11:56am
6 minutes to read

MYOB futurist in residence Keran McKenzie looks at tech trends shaping the future

New Zealand All Blacks captain Richie McCaw holds aloft the Webb Ellis Cup, at the presentation of the Webb Ellis Cup, after winning the Rugby World Cup Final. Photo / file

BUSINESS

Spark planning to extend its sports content

21 May, 2018 4:04pm
2 minutes to read

Spark and Sky have reportedly partnered on a sports deal

My Food Bag co-founder James Robinson, left, new chief executive Kevin Bowler and co-founder Cecilia Robinson.

BUSINESS

My Food Bag picks new CEO ahead of IPO

16 May, 2018 2:32pm
3 minutes to read

My Food Bag has named its new CEO who will take over from James and Cecilia Robinson.

Mark Macleod-Smith, Director of the Flux Accelerator programme which runs from The Icehouse in Parnell. Photo / file

BUSINESS

The New Zealand start-ups taking on the world

12 May, 2018 5:00am
5 minutes to read

Five start-ups have been chosen for the 2018 Flux accelerator programme

Xero chief executive Steve Vamos. Photo / supplied

BUSINESS

Xero has tremendous growth to come: CEO

10 May, 2018 4:49pm
3 minutes to read

Xero has more than halved its losses as it moves towards profitability

BUSINESS

Xero halves losses, closes on profitability

10 May, 2018 11:37am
3 minutes to read

Xero has posted a loss of $28.6 million, a 60 per cent improvement on last year.

The collapse of a deal between StretchSense and Japanese retailer led to the loss of 140 jobs at the Kiwi startup. Photo/Supplied.

BUSINESS

'Pretty tough time': StretchSense workers respond to axing of 140 staff

10 May, 2018 10:36am
2 minutes to read

All staff spoken to said it had been a great company to work for.

Ben O'Brien, CEO of StretchSense. Photo / NZH

BUSINESS

Kiwi start-up cuts 140 jobs after $131 million deal fails

9 May, 2018 6:01am
3 minutes to read

The big-money deal was signed off at the end of last year but has now collapsed.

Children (L to R) - Isabel Gilbert, Hugo Sweetman, Eliah Smit, Isla Sweetman and Matthew Gilbert with Terry Williams-Willcock creative director Rush Digital. Photo / supplied

BUSINESS

$1m makeover adds high-tech fun to Starship

3 May, 2018 6:12pm
3 minutes to read

ASB and Starship hospital have opened a renovated ED assessment and waiting area.

Vector Group chief executive Simon Mackenzie.

BUSINESS

Vector takes legal action against Stuff over client data

3 May, 2018 6:09pm
2 minutes to read

Vector has asked the Auckland High Court for an injunction against media firm Stuff.

Emerdata directors include Cambridge Analytica's suspended chief executive Alexander Nix. Picture / Getty Images

BUSINESS

Cambridge Analytica staff set up new data company

3 May, 2018 3:27pm
2 minutes to read

New firm operates in "data processing, hosting and related activities".

Artificial Intelligence could significantly boost the country's GDP says a new report. Photo / 123RF

BUSINESS

Artificial Intelligence could add $53b to economy

2 May, 2018 6:00pm
3 minutes to read

New Zealand needs to improve education around AI to benefit, says a new report.

Female CEOs in the Fortune 500 are outnumbered by Jameses. Photo / 123RF

BUSINESS

Men called John outnumber women 4-1 among top Kiwi CEOs

26 Apr, 2018 2:16pm
3 minutes to read

In the US men called James outnumber women in top positions of the Fortune 500.

My Box founder Krish Reddy says his company's court case with Sky Television will not affect sale. Photo / Alan Gibson

BUSINESS

Company sued by Sky sold for $12.5m to Chinese buyer

26 Apr, 2018 9:37am
2 minutes to read

A Kiwi company being sued by Sky TV has been sold overseas for $12.5m.

Growth in New Zealand will need to come from strengthening labour productivity says ASB Bank. Photo/123RF

BUSINESS

Lifting productivity key to growth as immigration slows, says ASB

23 Apr, 2018 3:57pm
3 minutes to read

ASB Bank says productivity growth will be less focused on immigration in coming years.

ASB Bank is launching a selfie ID trial using biometric facial recognition. Photo / 123RF

BUSINESS

ASB Bank launches selfie ID for customers

23 Apr, 2018 12:52pm
2 minutes to read

ASB Bank to use biometric facial recognition as an identification process for customers.

Kiwis will need to upgrade if they want to watch the Rugby World Cup next year. Photo / Brett Phibbs

BUSINESS

Why you need a new TV for Rugby World Cup

21 Apr, 2018 5:00am
4 minutes to read

Only about a third of Kiwis are now ready to watch all the 2019 World Cup on TV.

BUSINESS

R&D tax plan: 'Devil is in the detail'

19 Apr, 2018 6:26pm
4 minutes to read

Reaction to the proposed R&D tax incentive plan has been mixed.

BUSINESS

Strewth cobber! Australia's most loved brand is this iconic NZ company

19 Apr, 2018 12:12pm
2 minutes to read

For the second year in a row, Air NZ has been voted Australia's most reputable brand.

Kiwis fees for credit and debit cards are significantly higher than overseas says Retail NZ. Photo / 123RF

BUSINESS

Kiwis still paying too much for card fees - Retail NZ

19 Apr, 2018 9:44am
2 minutes to read

Merchant service fees in New Zealand are more than three times higher than in the UK.

The Auckland-based company said net profit rose to $35.5 million. Photo / File

BUSINESS

Restaurant Brands lifts FY profit 37%

17 Apr, 2018 10:02am
3 minutes to read

The Auckland-based company said net profit rose to $35.5 million.

The regions are facing record-high prices for rentals. Photo / 123RF

BUSINESS

Shortage drives regional rents to record

17 Apr, 2018 9:09am
3 minutes to read

Tenants outside NZ's three major metropolitan areas are facing record-breaking rents

Spark and TVNZ securing rights to broadcast the Rugby World Cup next year is being described as

BUSINESS

Spark/TVNZ deal 'kick in the guts' for rural NZ

16 Apr, 2018 5:22pm
4 minutes to read

Viewers in remote areas of New Zealand may miss out on viewing next year's Rugby World Cup

Bistronomy owner James Beck. Photo / Supplied

BUSINESS

Living wage 'step in the right direction' for hospo sector

16 Apr, 2018 4:03pm
3 minutes to read

The living wage is a good step to encourage Kiwis into hospo, says Restaurant Association.

James and Cecilia Robinson in the My Food Bag kitchen. Photo/supplied

BUSINESS

My Food Bag on track for public listing

9 Apr, 2018 8:34pm
4 minutes to read

The most recent reported figure of the company's revenue was $150m annually.

My Food Bag co-founders James and Cecilia Robinson in the My Food Bag kitchen. Photo/supplied

BUSINESS

My Food Bag co-founders step down

9 Apr, 2018 12:06pm
4 minutes to read

My Food Bag co-founders Cecilia and James Robinson are stepping down as co-CEOs

TSB Bank won out, having the highest satisfaction ratings from its customers. Photo/Duncan Brown.

BUSINESS

Local banks beat Aussie giants in satisfaction survey

6 Apr, 2018 10:04am
2 minutes to read

Customers with local banks are happier than those with the Aussie giants.

The worker threw her cup of boiling coffee at her co-worker's face and chest, the ERA heard. Photo / Getty Images

BUSINESS

Worker who threw boiling coffee at colleague awarded $15k

3 Apr, 2018 4:30pm
4 minutes to read

Worker who was told "don't f**k with me" is awarded $15,000 for unjustifiable dismissal.

Inland Revenue is reminding cryptocurrency investors of their tax obligations. Photo/123RF

BUSINESS

IRD warning for cryptocurrency investors

3 Apr, 2018 2:24pm
2 minutes to read

The IRD is reminding cryptocurrency investors of their tax obligations.

The Zingoshi Chronicles founders (front, from left) CEO Ronel Schodt and creative director Bridget Ellis-Pegler with investors (back, from left) James Robinson, Theresa Gattung, Dame Julie Christie and Cecilia Robinson. Photo / Caroline Ducobu

BUSINESS

Gattung, Robinson and Christie back tech project aimed at Kiwi girls

2 Apr, 2018 5:00am
2 minutes to read

The tech project includes a computer game, books, video games, and eventually a TV series

Peter Simons Managing Director DB Breweries. Photo/Dean Purcell

BUSINESS

DB Breweries steady new hand: Peter Simons

31 Mar, 2018 5:00am
7 minutes to read

DB managing director Peter Simons has more than 30 years experience in the alcohol sector.

A worker at a logging company has been awarded $13k for unfair dismissal. Photo/123RF

BUSINESS

Worker fired after crashing into boss' son's car

29 Mar, 2018 4:48pm
2 minutes to read

A worker unfairly dismissed has been awarded $13,000.

Media heavyweights from left: Sky TV CEO John Fellet, MediaWorks CEO Michael Anderson and TVNZ CEO Kevin Kenrick. Photo/supplied

BUSINESS

TVNZ and Sky: From bidding war to lobbying together

29 Mar, 2018 1:25pm
2 minutes to read

Aside from a few jokes onstage, the chief execs avoided the Rugby World Cup rights topic.

New Zealand All Blacks captain Richie McCaw holds aloft the Webb Ellis Cup after winning the Rugby World Cup Final. Photo / File

BUSINESS

Sky not preferred bidder for Rugby World Cup 2019 rights

28 Mar, 2018 8:49am
4 minutes to read

This is will be major blow to the business.

SkyCity CEO Graeme Stephens says increasing wages for the lowest paid is the right thing to do. Photo / Doug Sherring

BUSINESS

SkyCity pledges $20 minimum wage

27 Mar, 2018 9:16am
3 minutes to read

SkyCity set to reward its lower-paid workers: "It's just the right thing to do".

Sky TV changing of the guard is overdue say analysts. Photo/Dean Purcell

BUSINESS

Sky TV shares drop amid hunt for new CEO

26 Mar, 2018 7:50pm
4 minutes to read

Analysts say Fellet's resignation will bring fresh eyes to Sky

BUSINESS

Companies warned over Easter holiday surcharges

26 Mar, 2018 11:39am
2 minutes to read

The Commerce Commission is reminding companies about surcharge rules ahead of Easter

BUSINESS

Lessons from Netflix's success

26 Mar, 2018 11:17am
4 minutes to read

How the company went from DVD rentals to producing its own television series.

BUSINESS

Sky CEO John Fellet to step down

26 Mar, 2018 8:49am
4 minutes to read

The long-standing Sky CEO has stepped down after 17 years.

Greg Shanahan, founder and managing director of MedTech company Veriphi. Photo/Brett Phibbs

BUSINESS

Start-up Veriphi poised to go global

24 Mar, 2018 5:00am
2 minutes to read

Medical device start-up Veriphi is raising money to commercialise and go global

BUSINESS

Gattung sells $2.8m Wellington apartment

22 Mar, 2018 1:55pm
3 minutes to read

Business woman Theresa Gattung has sold her waterfront apartment for an undisclosed sum.

The Fonterra CEO has been in charge for seven years. Photo / Jason Oxenham

BUSINESS

$8.3 million man departs: Fonterra CEO Theo Spierings quits

21 Mar, 2018 3:16pm
4 minutes to read

Fonterra chief Theo Spierings is stepping down

Kathmandu chief executive Xavier Simonet. Photo / Supplied

BUSINESS

Kathmandu considers US expansion

20 Mar, 2018 5:00pm
3 minutes to read

Outdoor equipment retailer Kathmandu is considering the US market.

The Kitty Hawk Cora autonomous electric Air Taxi concept is undergoing flight trial sin Christchurch with local company Zephyr Airworks and the Christchurch City Council March 2018 picture supplied

BUSINESS

World first: Christchurch 'flying taxi' has no pilot

13 Mar, 2018 4:25pm
3 minutes to read

The world's first self-piloted electric air taxi is being tested in Christchurch.