Latest from Companies

Global rout: Japan’s stock index suffers worst day since 1987

'Sea of Red' as trading in Nikkei futures suspended, Australia has worst day since 2020.

Global stock rout hits New Zealand, F&P leads fall

The S&P/NZX 50 Index slides 1.5%.

Northland councils blind to economic benefits of Northport expansion proposal, port company argues

Port challenges councils’ findings on cultural values.

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.

Airpoints alert: Air NZ warns of disruption during tech revamp

What's going to be offline this week.

Official Cash Rate tipped to hit 5% by year’s end

One bank has updated its OCR forecast, and now expects a drop in October.

Watch: New e-scooter operator Ario has a riderless twist

Self-stabilising design enables self-parking, scooters that will one day come to you.

Scope of Du Val businesses revealed: 64 entities now in PwC hands

The apartment and townhouse development group has been put into interim receivership.

Warren Buffett’s Berkshire Hathaway halves stake in Apple

Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.

$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off

Skyscraper deal gets flushed after Hong Kong suitors don't progress.

ComCom to consult Australian regulators on impact of ANZ bond probe

Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.

Five-day SkyCity casino closure dates out

Five days in a row and weekdays were always anticipated. No weekend shutdown.

London loses historical grip on global mining sector listings

Financial Times: New York, Toronto and Sydney have overtaken the UK capital.

Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'

'The fixed fee has hurt us. No one expected rates to go up 15% per annum."

Rex airline’s Australian city routes ‘set up for failure’, says former regulator

Regional flights continue despite Rex axing city trips.

How a $448 million wind farm was nearly blown off course

From multiple cyclones to Covid lockdowns and cement gone wrong.

‘Standout result’: Briscoe Group posts sales record but profits slip

The company posted a fourth successive sales record.

New player Kiwi Mobile offers $1.30 per day plan

Can a newcomer buck the trend in a failed market segment?