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Market close: NZ shares rocked by US inflation data

Dogged inflation continues to weigh on financial markets.

How TikTok’s Chinese owner tightened its grip on the app

Financial Times: Insiders say ByteDance is exerting increasing influence over TikTok.

Japan feels inflation heat from Fed’s ‘higher for longer’ shift

Financial Times: Yen’s 34-year low against the dollar complicates the BoJ governor's task.

Stock Takes: Market doldrums, big payday for UBS, banks to report

A struggling sharemarket is pricing in NZ interest rates staying higher for longer.

City Gardens Apartments no longer deemed a dangerous building

'Good outcome' as no owners forced to leave the tower, after being on notice last week.

Microsoft profit up 20% amid AI push, Google parent pays first dividend

Pair soar where Meta struggled.

Ex-Boeing manager says workers mishandled parts to meet deadlines

New York Times: Merle Meyers left Boeing last year after a 30-year career.

Higher fares, fewer planes: Boeing crisis forces airlines to cut services

Financial Times: Delivery delays tied to 737 Max safety concerns hit carriers.

RBNZ refuses to bend rules to improve bank competition

The RBNZ's financial stability mandate clashes with the competition watchdog.

Mice cause havoc on ship carrying 1.2m trays of kiwifruit to Europe

It's the first time in two decades that Zespri has encountered the issue.

Genesis' $104m solar project will power 13,000 homes

Genesis Energy marks start of $104m solar power project.

NZ's biggest build-to-rent apartment project hits market: prices revealed

Tour bookings are now being offered, but the first residents won't move in until May.

Tesla shareholders braced for worst results in 7 years

FT: Investors ask if the EV maker is in the midst of a major change of direction.

Baltimore leaders accuse ship’s owner and manager of negligence in Key Bridge collapse

Ship owner and manager should be held liable, city leaders say after disaster.

Ex-Super Fund CEO’s new job revealed

Matt Whineray to lead triple-firm finance merger.

Video production business insolvent, estimated to owe $800k

Director said video company was 'another victim of Covid', according to liquidator.