LONDON (Reuters) -The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions gave a boost to the bloc’s dominant service industry, a survey showed, but consumers faced prices rising at a record rate.FILE PHOTO: Shoppers wear mask and fill Cologne’s main shopping street Hohe Strasse (High Street) in Cologne, Germany, […]
OPINION: With Barry Manilow blasting, portaloos bursting, and Parliament’s grounds in complete disarray, it’s easy to think the anti-mandate protest is nothing more than one giant party with no end in sight. With every party – or in this case an occupation on Parliament grounds – there’s a plethora of legal issues. From a mandate […]
FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft Original Barbecue Sauce on a grocery store shelf in New York March 25, 2015. REUTERS/Brendan McDermid/File Photo(Reuters) -Kraft Heinz Co posted fourth-quarter sales and earnings above Wall Street expectations on Wednesday, boosted by higher product […]
OPINION: Those who look after our elderly, serve us in restaurants, check out groceries, move our goods, pick our fruit and clean our messes will bear the brunt of the Omicron outbreak. As the highly transmissible variant rips through New Zealand, these workers, deprived of the privilege of working from home, will start to get […]
BENGALURU (Reuters) – The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according to a Reuters poll of economists who also sharply upgraded their inflation forecasts for this year.FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January […]
Bay businesses have become more exposed to global markets since the economic gut-punch of Covid-19 forced many local companies online. But local entrepreneurs are being warned not to risk “what you can’t afford to lose” by mortgaging the family home or losing sight of their humble beginnings when going global. Tauranga Chamber of Commerce chief […]
NEW YORK (Reuters) -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month’s meeting after hawkish comments from St. Louis Fed President James Bullard and following hotter-than-expected U.S. consumer prices data for January.FILE PHOTO: United States one dollar bills are curled and inspected […]
Multi-billion dollar tech company HCL is opening a training programme for Kiwi school leavers to learn cyber security, quantum computing and coding skills to help fill a skills shortage in an increasingly digital world. The Indian conglomerate, which generates NZ$15.8 billion annually, has several divisions but is known mostly in New Zealand for its work […]
The multi-millionaire businessman behind a campaign to keep the America’s Cup in Auckland has offered to pay for a top-flight accountancy firm to independently audit the yawning differences between his budget and those of Emirates Team New Zealand. In the latest salvo over hosting the world’s oldest international sporting trophy, former merchant banker Mark Dunphy […]
One of the most disruptive things that can happen to a company is the sudden need to replace a leader. We’ve seen it happen often in New Zealand, where it can be more difficult to find a replacement at short notice due this country’s relatively small population and its isolation. Planning for sudden change is […]