Latest from Companies

Punishing $226.5m devaluations: $4.7b landlord in red

Movement in fair value of investment properties: on profit and loss account at -$226.5m.

No dividend from My Food Bag as cost of living crushes earnings

The meal-kit company just reported one of its worst-ever results.

NZ-made workhorse plane aimed at new market

The Hamilton-based company is the country’s only aircraft manufacturer.

Graeme Hart’s new superyacht revealed after secret construction, Amsterdam trip

Billionaire's megayacht revealed on whirlwind overseas trip.

Big read: Disney kingdom’s quest to rediscover the magic

Financial Times: Marvel, Pixar and Lucasfilm seem to have hit a wall.

Liquor trust's $40m expansion kneecapped at first hurdle

The group says it will assess whether to proceed with three further applications.

Air NZ-Virgin Australia codeshare: What will happen to competition?

A look at why the two airlines are making up after a bitter bust-up five years ago.

Air New Zealand simulator centre fire could set back pilot training

Pilot training has been a pinch point for the airline's recovery.

Does Starship blowing up, again, put One NZ’s promise of a 'mobile-to-satellite service in 2024' at risk?

PLUS: 2degrees, Spark update on plans with Starlink rival Lynk.

NZ Post bringing on extra staff as it gears up for Black Friday, holiday shopping

NZ Post expects to deliver around 18 million parcels in the few months before Christmas.

Privately-owned seawall under construction is rising at Shore beach

Building at Belmont follows recent action at Point Wells over illegal seawalls.

Can China spend its way out of economic crisis?

Financial Times: How much budgetary firepower does Beijing really have?

Strewth! Sweet tooth imports rise but NZ trade deficit slims down

Metal adds a lustre to export but China trade tumbles.

Saudi Arabia-backed mixed martial arts league challenges UFC with Bellator deal

Financial Times: Acquisition as kingdom seeks to bolster its global presence in sports.

Property Insider: Iwi keen to acquire $125m Epsom campus

The university 'has profited enormously off our gifts of land since 1840', the iwi says.

Kiwibank lifts short term home loan rates as pressure builds on homeowners

Homeowners are still facing increasing mortgage rates.

'Deeply saddened': Why key Supie investor pulled her support

'I invested my time, expertise and significant sums of money,' says angel investor.

Supermarket giant ditches self-checkout for staffed tills

A grocery giant has opened up about why they're making the big move.