Latest from Companies

Methanex gas deal a sign of tough times for New Zealand industry

Methanol maker will bolster its profits through selling rather than using its gas supply.

Franklins Bathrooms Liquidation: Westpac among creditors owed $31.2m

Creditors now face a potential shortfall in the tens of millions.

OCR explained: What can we expect, and what does the interest rate mean for you?

What exactly is the OCR and what are the experts predicting?

Tourism at a standstill: ‘Stop chopping it off at the knees’

Tourism recovery stalls with NZ arrivals 17% below pre-Covid; visa costs to rise sharply.

SolarZero raises $195m in debt-funding, targets 100,000 customers

The firm touts the pioneering 'split series' structure of the deal.

Tourism numbers flatlining despite recovery in some markets

For the June year, visitor arrivals from India were at 130% of the 2019 level.

'Abhorrent' ad: Legal experts on why it was 'misleading'; Hobson's Pledge stands firm

Group says Hobson’s Pledge entitled to 'robust opinion' but not to deceive people.

Big leadership shake-up for Comvita after 'confronting' financial result

The mānuka honey exporter is struggling to overcome a slump in Asia market sales.

Retirement giant wins fast-track consent for 13-level block at $500m village

Building to rise in Parnell after a joint venture between developer and charitable entity.

Sold for A$170m: Fletcher's Australian plumbing business Tradelink

A$10m of the deal has been deferred and might not be paid till 2026, company says.

Australia’s wine sector suffers as drinkers shun lower-end brands

Financial Times: Labels sold off in what some winemakers call its worst-ever crisis.

House of Travel’s new boss David Coombes: Post-pandemic surge of demand still going strong

The signs are good for leisure travel.

Air New Zealand Airpoints tech revamp done: Now what?

New upper tier coming next year to improve Airpoints scheme.

Multinationals sound alarm over weak demand in China

Financial Times: The appetite for foreign brands has weakened.

Opinion: Why I no longer crave a Tesla

Financial Times: Elon Musk's antics turn off the most obvious customers for his cars.

Diana Clement: The pitfalls of travel insurance for older travellers

Travel accidents can be expensive at all ages but insurance tends to rise in cost.