Latest from Business

US announces new restrictions on AI chip exports

Industry backlash and most countries will face a cap on advanced chip imports.

Petrol prices set to rise as foreign sanctions, weak NZ dollar bite

Sanctions on Russia's energy industry could influence local petrol prices.

Dow rises, Nasdaq falls ahead of earnings, inflation data

Markets have swagger ahead of economic releases on US inflation and retail sales.

New chief executive for NZ Meat Board

Nick Beeby, acting chief executive since July 2024, replaces Sam McIvor.

Business confidence picks up, even in construction, NZIER says

More businesses entered the New Year with an optimistic mindset.

Gallagher Group division CEO sees encouraging signs for 2025 despite uncertainies

What the NZ economy needs most is confidence.

Los Angeles braces for ‘explosive fire growth’ as high winds near

Financial Times: Claims utility group equipment to blame for igniting one of the blazes.

Spain announces new measures to tackle housing crisis

Some landlords targeted in tax move, while many affordable new homes sought.

How Kazakhstan’s conservation project revived the Aral Sea

Sea infamous for ship graveyards gets new infrastructure to stop water flowing out.

Scammer impersonates staff, bank told to reimburse $30,000

Spoof phone number used in scam to steal from bank customer.

Job market: Nearly 6000 new roles filled in November, Stats NZ says

Service industries fuelled more hiring but bank says it could be 'temporary respite'.

Los Angeles fires could be costliest disaster in US history, says Governor

Financial Times: Fire damage could cost more than a quarter of a trillion dollars.

UK to ‘unleash’ AI to turbocharge economy

AI touted as saviour for teachers personalising lessons to business record-keeping.

New home consents up in November but down 12% annually

House-building costs only rose 1.1% in 2024, well below 2022′s increases.

New EMA boss John Fraser-Mackenzie: 2025 will still be a tough year

Summer questions: New head of business group on the outlook for 2025.

Opinion: After a great run for stocks, be ready for something different

NY Times: Sizzling returns may continue, but it would be wise to prepare for next storm.

Logistics groups move Chinese staff to help companies tackle Sino-US trade tensions

Financial Times: Firms redeploy Mandarin speakers to help manufacturers set up overseas.

The Regulatory Standards Bill is a 'constitutional straitjacket', its critics say

The bill is slammed as 'dangerous', while warnings sounded of Act ideology entrenchment.