Latest from Companies

'Relationship breakdown between shareholders': Resthome might be sold

"Hope of selling it as a going concern" - BDO.

Seawall given go-ahead: Construction allowed to protect land from erosion

Seaward lawns of two homes collapsed onto the foreshore below.

Coinbase to slash a fifth of workforce as crypto crisis deepens

Financial Times:

World Bank warns global recession a looming threat

Forecast slashed due to weakening growth expected in world's top economies.

Westpac customers hit again: Store 'turning people away'

The Australian-owned bank has apologised for the second time in a week.

Ryman slices Australian plans in half to gain approval for $344m village

Scheme for 217 apartments now scaled back to 104 units.

The Warehouse cops downgrade in ominous sign for sector

'The year ahead looks to be increasingly difficult for retailers.'

Summerset sales up 18pc but buyers take longer to sell houses in falling market

Company has not been immune to the falling housing market.

Drink-makers’ concerns bubbling to surface after Todd Energy Kapuni outage

Closure of the Kapuni liquid carbon dioxide plant is concerning for drink-makers.

Jack Ma cedes control of Ant Group

FT: Chinese billionaire’s reduced voting rights mean IPO plans can be rebooted.

'Captain Aloha': Hawaiian Airlines’ NZ boss to mark a decade in charge

The flight path could have been much different for Hawaiian Airlines boss Russell Williss.

Kiwis buying chickens amid egg shortage crisis

Interest in online auctions for chickens has more than doubled after cage ban.

The UK’s dream of becoming a ‘science superpower’

Financial Times: Supercharging the life science sector will take big long-term thinking.

US inflation has not ‘turned the corner yet’, top IMF official warns

Financial Times: "Sticky components of inflation" show more work may be needed.

What’s stopping tiny houses from helping solve housing crisis?

Three major complications appear when people try to make their dream a reality.

Fed wants ‘more evidence’ of easing inflation and backs fresh rate rises

Financial Times: Fed intends to keeping squeezing economy, minutes from Dec meeting show.

Hollywood facing 'year of turmoil' in 2023

FT: Entertainment industry faces threat of recession and slower streaming growth.

Pavlova and biscuits at risk as prices rise

Commercial bakers are feeling the heat as egg shortage drives up wholesale prices.