Tupperware files for bankruptcy as sales slump
The brand has seen sales fall as consumer behaviors change and competition increases.
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$3.6m liabilities: PwC report on Sportcraft boating businesses
Staff, Inland Revenue and many others are listed as being owed money by the two companies.
Japanese Ambassador met Govt to discuss energy crisis impact on investment
Japan's Ambassador warned high prices were squeezing big investors.
Oji confirms mill closure, 75 jobs lost
The company has experienced a range of issues including high energy costs.
Methanex proposes idling one plant indefinitely, job cuts
The nation's biggest gas user will go down to one plant.
'What other f***ing signs do you need?' Shane Jones fumes over mill closures
The Regional Development Minister says foreign investors were warned.
‘Just stunned silence’: Mill closure shocks rural community
'Our local towns... it’s probably going to wreck them.'
'Massive blow': Hundreds of jobs lost as Winstone shuts mills
One of the central North Island's biggest employers has made the call to shut two mills.
Hundreds lose jobs as Ruapehu mills close
'As tough as this news is, our people need certainty to get on with their lives.'
He created a $660m company in his garage: Sistema richlister on standing firm with a famous name to retain ‘Made in NZ’
'I don’t care if it’s Martha Stewart or the bloody Pope. I’m not taking [Made in NZ] off.'
Silicosis threat greater than asbestos: push for NZ to act on deadly dust
Call to ban engineered stone benchtops in NZ due to silicosis risk.
Top defence contractors set to rake in record cash after orders soar
Financial Times: Growing cash flows spark debate about how industry will spend billions.
Citadel and DE Shaw slashed Nvidia holdings ahead of market rout
Financial Times: Sharp divisions among managers over the outlook for chip-making giant.
Teen inventor sets up company tackling big pot plant problem
Small Business: The teenage founder of Enivo Pots tackles an unexpected problem.
Power price spike a threat to provincial economy, energy users' group says
Multiple mills have had to go offline in the last week due to high power prices.
Rising energy costs could force closure of Oji Fibre Solutions recycling plant
'Crazy outcome' could follow as high power prices blamed for plant's possible closure.
Major energy users grapple with very high power prices
Some major energy users say ruinous prices are making them lose faith in the Government.
World’s biggest lithium producer urges state help to compete with China
Financial Times: US producer cuts expansion plans in struggle over key mineral for EVs.
Warren Buffett’s Berkshire Hathaway halves stake in Apple
Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
Tesla misses profit estimates as Elon Musk delays ‘robotaxi’ launch
Financial Times: Shares fall despite CEO’s claim about ‘autonomous fleet’.
Tiwai Point to ramp down electricity usage to ease tight supply
Tightening gas supply and low lake levels have pushed wholesale power prices higher.
Japanese carmakers ‘very scared’ by China’s rapid EV development
Financial Times: Sony-Honda joint venture boss says conservative culture must change.
Chasing green electrons: Why Rio Tinto went all-in on Tiwai Point
And what the future holds for the Southland plant.
$20m project: NZ paper mill switches from gas to geothermal steam
Mill decarbonisation 'equivalent to removing over 2200 cars from the road'.
Giant new 1.7ha warehouse: Cotton On expands in NZ
Originally opened here in 2006. Now has 1000-plus staff in around 100 stores in NZ.
Rising seas leave 4000 Wellington buildings at risk as '100-year floods' may be annual
Petone will feel the greatest impact, with a stormwater system already under pressure.
China's June factory activity contracts again, services slows
China's economy struggles to get back on its feet.
Worker loses four fingers after his hand is caught in pizza dough machine
The Momma's Foods worker had to have his fingers amputated.
Why Americans are not buying more EVs
Financial Times: Tariffs on Chinese imports could reduce competition and increase costs.
Expansion plans: Where new McDonald's are rising
Three new Auckland outlets opened last year but another four are coming nationally soon.
Toyota shareholders demand vote against chairman after Japan scandal
Chairman to run gauntlet after major embarrassment for the company.
Global defence groups hiring at fastest rate in decades amid record orders
Financial Times: Companies in sector looking to recruit tens of thousands this year.
S&P welcomes NZ power deal
The ratings agency says the 20-year power deal for Tiwai is a boon for generators.