As the events of the past few days have shown, we are still in the thick of a dangerous pandemic. But the latest lockdown hasn’t given the Government a break from worrying new data highlighting the extent of New Zealand’s housing crisis. Three new sources arrived today … well, two datasets and an ominous set […]
Yoon is bringing a whole new outlook to Moët & Chandon. The French champagne house and Tokyo-based, fashion designer have teamed for a design collaboration showcasing Yoon’s unique creativity with a combined goal of connecting with the spirit of the time, standing for the values that speak to today’s generation, and supporting a charitable cause. […]
Contact Energy’s move to a build geothermal plant near Taupō, while putting its carbon-heavy thermal assets under review, is being seen as a big sea change for the company. The company said it would undertake review of thermal assets under over the next few months and signalled a lower dividend payout, reflecting its growth aspirations. […]
Last week, global payments solution provider Adyen released its most recent fiscal half-year results that showed net revenue growth swelling 70 percent in North America. Total net revenue for the company jumped 28 percent year over year to 379.4 million euros, and processed volume was up 29 percent to 174.5 billion euros. In a letter […]
Wetherspoon boss Tim Martin has told Sky News he aims to bring back all 37,000 staff currently on furlough leave once his pub chain gets the go-ahead to reoopen. The firm’s chairman and founder expressed the hope as he called on the government to allow bars to start trading again at the same time as […]
Air passenger numbers plummeted by 98% at the height the pandemic last year, official figures show. Monthly arrivals to the UK fell during the first coronavirus lockdown from 6.8 million in February to 112,300 in April 2020, data published by the Office for National Statistics (ONS) reveals. The figures have been released as part of […]
The re-emergence of lockdown measures could sap over $150 million out of the economy – and an Auckland business leader says firms need to know the Government will look after them. Based on cost estimates developed by ASB during the previous lockdown, having Auckland at alert level 3 and the rest of the country at […]
Major imports congestion and a flow-on threat to the peak export season has prompted the Ministry of Transport to call a meeting of supply chain players this week – but they’ll be thrashing out short-term relief measures, not a long-term fix. The meeting in Auckland on Tuesday comes as concerns escalate about container port shipping […]
Robert A. Altman, a consummate Washington insider who survived a global banking scandal to reanimate himself as the mogul of a multibillion-dollar video game conglomerate, died on Feb. 3 in Baltimore. He was 73. The cause was complications of a medical procedure, said his son, James, an executive of ZeniMax, which his father sold to […]
In 2012, the Eurozone was facing an existential crisis, with the future of the euro itself in doubt. Investors were seeking an ever-greater premium to lend to countries like Spain and Italy and there was real concern in European capitals that at least one country might have to be ejected from the single currency zone. […]