OPINION: Discovery NZ boss Glen Kyne is adamant that his company will soon offer a paid streaming service in the local market. He wouldn’t provide launch details as part of Discovery’s 2020 showcase, but he made no secret of his intentions. “There’ll be announcements in the new year,” he told the Herald today. “But when […]
The good news: Twitter has finally introduced a number of long-requested features. The bad: you’ll have to pay to access them. Read More Auckland startup raises millions for Covid detection push The premium Twitter Blue went live in the US, Australia and New Zealand this morning. Americans pay $2.99 ($4.10 a month). Kiwis are charged […]
By MICHELLE CHAPMAN General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the culmination of an arduous, yearslong reshaping of a symbol of American manufacturing might that could signal the […]
Supermarket price inflation has reached its highest level for more than a year adding to cost of living pressures, according to industry figures. Grocery price inflation reached 2.1% in the four weeks to 31 October according to latest data compiled by Kantar. “Prices are rising fastest in markets such as savoury snacks, canned colas and […]
FILE PHOTO: Real estate agent’s boards reading ‘Sold’ are seen on residential buildings at Fontenay-sous-Bois near Paris, France, December 11, 2020. REUTERS/Charles Platiau/File PhotoFRANKFURT (Reuters) – Demand for euro zone real estate is likely to remain high, driving up prices and raising “affordability issues” for poorer households, the European Central Bank said on Tuesday. After […]
BERLIN (Reuters) -German exports fell for a second consecutive month in September while imports nearly stagnated, the statistics office said on Tuesday, in a further sign that supply chain disruptions are complicating the recovery of Europe’s largest economy.FILE PHOTO: Cars intended for export wait at the port for loading, as the spread of the coronavirus […]
LONDON (Reuters) – British grocery price inflation was 2.1% in the four weeks to Oct. 31, its highest level since August 2020, market researcher Kantar said on Tuesday, adding to the pressure on household finances.FILE PHOTO: A woman shops at a Sainsbury’s store in London, Britain December 3, 2015. REUTERS/Neil HallLast week the Bank of […]
SHANGHAI/BEIJING (REUTERS) – China’s state council held a meeting with real estate developers and banks in the southern city of Shenzhen, a source with direct knowledge of the meeting told Reuters, amid intensifying worries over a liquidity crisis in the country’s property sector. Participants at the meeting, which took place on Monday (Nov 8), included […]
NEW YORK (BLOOMBERG) – Bitcoin jumped past US$67,000 for the first time to a new all-time high, part of a wider recent rally in the cryptocurrency sector. The world’s largest digital coin by market value gained as much as 2.5 per cent on Tuesday (Nov 9) to US$67,778, taking out the last record set on […]
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s pledge to deliver a big economic stimulus this year faces challenges, including negotiations within his coalition and a tight schedule to secure funding for the spending.FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister’s official residence in Tokyo, Japan October […]