Latest from Business

Warehouse interim chief seeks more time as profits return to $11.8m

The Warehouse returned to profit with $11.8m, but revenue dropped to $1.6b.

S&P says Fonterra’s balance sheet can handle Mainland sale

Fonterra's balance sheet will offset the impact of its planned sale Mainland, S&P says.

NZME board battle: Stuff halts discussions to sell Post, Press newspapers to NZ Herald owner

NZME says Stuff is awaiting the outcome and vote of its annual shareholders meeting.

Embattled Tesla recalls nearly all Cybertrucks over risk of panel detachment

More than 46,000 vehicles suffer defect.

Rod Drury backs ‘NZ first’ public e-boat charging company Electric Wave

Billionaire sees Queenstown becoming an R&D hub for marine electrification.

High-rise horror: Owners of wrecked upmarket apartments to walk away

'This really was a situation where the owners are salvaging what they could.'

Fintech Airwallex puts first boots on the ground in NZ, goes on hiring drive

Aussie unicorn has Kiwi roots.

‘A new frontier’: How supercritical geothermal could change NZ energy

About $12m to $15m has already been spent on investigative work.

Bremworth proposes laying off 47 staff amidst major restructure

“It was very quiet ... a lot of people were crying."

Police warn public to be on lookout for Head Hunters associate

Wanted man alleged to be stealing thousands of dollars worth of items from retailers.

Why 56-level $300m+ Seascape tower is abandoned for seven months

Court decision in November prohibited the builder from acting till the paperwork was done.

'Not a great situation': Marlborough growers face tough wine season

Wine makers ask growers to leave some grapes unpicked in Marlborough.

Half of mobile users switching telcos face issues - Commerce Commission

The Commerce Commission is calling on telcos to improve the industry switching process.

'Upside surprise': NZ limps out of recession, GDP rises 0.7%

The New Zealand economy returned to growth in the final quarter of 2024.

What to know about the US Federal Reserve’s moves

New York Times: Federal Reserve pauses rate cuts, braces for Trump's policy impact.

Pilots with cancelled or suspended licences will have new appeal rights

Industry responds to new appeal system.