Latest fromBusiness around NZ

$36m Mainzeal ruling: Can Shipley and co-directors pay up?
Some directors, including Shipley, may struggle to meet the costs.

Queens Wharf extension meets overwhelming opposition
Hearings into controversial waterfront 'dolphins' begins.

Three Mainzeal directors respond to $36m order
Clive Tilby, Peter Gomm and former PM Jenny Shipley issued a joint written statement.

Growth in craft beer almost trebles in five years
The volume of high-strength beer rose for the fifth year in the row.

'Chokingly excessive': Shane Jones blasts Air NZ fares
Air New Zealand will slash airfares but Shane Jones warns it may not make a difference.

'Incapacitated' Whaleoil blogger Cameron Slater declares bankruptcy
Controversial blogger still facing three 'extremely expensive' defamation lawsuits.

Tauranga company's plans to fix housing crisis
Tauranga company says its can build more than 10,000 kitset homes to solve housing crisis

Anxious wait for Shchetkova family as immigration fate remains uncertain
Act Party leader says family facing deportation face long wait to hear from Minister.

Innovation Nation: Is Artificial Intelligence outsmarting NZ business?
Two of NZ’s leading AI companies talk about the future of the science.

Housing market slowdown knocks Metlifecare, profit down 57 %
Metlifecare bottom line hit by slowing housing market

Bunnings revenue marches toward A$7 billion
Bunnings pushes up operating revenue by 5.2 per cent

Glencore, Australia's largest coal producer, pledges to cap global output
Comment: We should not underestimate the significance of the announcement.

Small Business: Growing oysters faster in moulds a 'game changer'
Kaeo-based Shaun Gregory talks designing a shellfish mould to grow oysters in.

Fonterra's farmers are in for higher milk prices this week
Prices firmed, albeit slightly, for the sixth time in a row.

Kiwifruit eyes another bumper global export sales result
Kiwifruit export juggernaut rolls on as latest Zespri sales close in on earnings target.

Big Read: A 97-year-old tycoon, his four wives and the push to revive a casino empire
The Ho empire controlled Macau's economy almost completely for decades.

Hallensteins invites women into its brotherhood in new campaign
Hallensteins is giving a nod to the women who also wear its clothing.

Dunedin chocolate factory wants to 'demystify' craft chocolate
Most people don't know about origins of chocolate and this company wants to change that.

Macca's has lost its mojo, along with these once-popular global brands
WATCH: A look at the companies which once dominated pop culture in the past 18 years.

How the rich keep getting richer
Research shows wealthy people are forking out big bucks to ensure they pay no tax.

Calf brains and pig snouts: US embraces nose-to-tail menus
Americans are just starting to catch up when it comes to nose-to-tail eating.

Richard Branson's Virgin Galactic reaches space again
For the second time in three months, Virgin Galactic has launched a spacecraft into space.

Shoppers not fazed by incoming online shopping tax
Research shows Kiwis won't mind paying more on online orders from overseas sites.

Govt productivity report slammed for underplaying ICT sector
The Government's ICT report is under fire.

Is the Kmart hype over? Growth stumbles, sales fall
Kmart earnings for the six months to December 31 were down 3.8 per cent.

Steinlager named official sponsor of Emirates Team NZ for America's Cup
Beer brand owned by Lion has be named the official sponsor of Emirates Team New Zealand.

Botany Town Centre's $78m makeover
A pool of popular international shops are set to open in Botany this year.

Australian giant behind $790m Newmarket revamp releases financials
Scentre Group on track for opening Newmarket later this year