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Meridian weathered 'a perfect storm' in 2025 with $452m net loss

'Two major droughts and a dramatic decline in gas availability' were among the challenges.

Superslim iPhone tipped for Sept 9 Apple event

The rumoured lineup of new products includes a foldable phone.

KFC margins under pressure as it faces competition from Popeyes

Same-store sales in New Zealand fell 3.1% compared with last year.

Tech Insider: 'Mario' fronts on 'tough decisions' at Mighty Ape after Kong-sized write-down, talks up new feature

'It's like buying at the top of the housing market.'

Vulcan profit falls, raises funds to buy NZ roofing firm

Roofing Industries had revenue of over $160 million last year.

Fonterra settles legal issue with Bega Cheese

The sale is one of New Zealand's biggest corporate transactions.

'A big disappointment' – analyst's view on Genesis Energy's earnings outlook

The midpoint of its guidance range was $62m below consensus estimates.

NZME announces 12% boost in operating earnings, posts $400,000 net loss

The company also revealed the Herald's new editorial advisory board.

Reserve Bank bows to Govt's wishes - proposes loosening bank capital rules

Proposed changes aren't expected to fix the sluggish economy.

Chorus returns to profit, sees stronger FY2026

UFB network operator updates on potential new projects, consults on $28/month plan.

Reserve Bank doubles Auckland office space just as staff redundancies hit

The bank plans to cut 142 roles, including 35 currently vacant positions.

Why Transpower's rapid project increase is crucial for NZ's future

Transpower CEO James Kilty says project throughput increased 75% this year.

Drifter Hotels investing $22m in new Auckland, Wellington sites

LA Co group CEO Luke Moran is planning to open two new locations in New Zealand next year.

How Marama Royal is leading Ngāti Whātua Ōrākei to new heights

Ngāti Whātua Ōrākei's assets have risen from $631m in 2014 to $1.53b last year.

Opinion: Why NZ needs to stand up against racial abuse

OPINION: Why NZ must stand against racist abuse in public life.

'Prime ocean-front real estate': Billionaire Mowbray bros' $110m Malibu buy-up

The Kiwis are making waves in Malibu as they snap up beachfront real estate for a venture.