Latest from Business

Rags to riches, literally: Wet & Forget firm sold in massive, life-changing deal

He grew up in a state house, left school at 15 and just sold his company for millions.

Genesis boss warns NZ's gas production is falling quickly but demand not

Genesis Energy says gas production is falling at a faster rate than forecasts.

NZ's productivity crisis: What's to blame and how can we fix it?

New Zealand’s low productivity has been a bugbear for economists and politicians for years

Property Insider: Horse racing grandstand coming down; crane numbers plummet

A grandstand going for apartments but the latest study shows fewer cranes on our horizons.

Public sector leads slowdown in March hiring activity

Data from Seek shows job ad volumes continue to fall, albeit at a slower rate in March.

What to know about China’s export dominance

New York Times: China is cementing its global leadership in manufacturing.

Market close: Ryman falls to 11-year low following sudden departure of CEO

Meanwhile, the NZ sharemarket bounced back as tensions in the Middle East eased.

Te Awamutu's Rosetown Print opens new chapter

The Morrises want to reassure the community that the business has sold, not closed.

BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash

Financial Times: Asset manager’s chief has become a popular target for criticism over ESG.

Another Gisborne forestry company loses accreditation

Two Gisborne forestry companies have lost sustainability certifications within two months.

Dilworth abuse could have been stopped at 1978 meeting, old boy says

'It set a precedent - that if you get caught, you were just allowed to leave.'

Air NZ's big Seats to Suit overhaul: What passengers need to know

The changes are the biggest since Seats to Suit was introduced in 2010.

Air NZ blames market conditions for $40m-$50m cut in pre-tax earnings guidance

Worsening market conditions are likely to hit the airline's pre-tax earnings this year.

Richard Umbers resigns as CEO of retirement giant Ryman Healthcare

Retirement village giant now searching for a new group chief executive.

Schneider Electric weighs deal for US software maker Bentley Systems

Financial Times: Deal would be the French industrial giant's biggest acquisition.

Markets with Madison: Are rate cuts coming?

The market is pricing in cuts to wholesale rates this year, but it’s still depending on some statistics. Video / Carson Bluck