nzherald.co.nz - Business
How Auckland businesses are feeling post-lockdown: survey
Mon, 10 Aug 2020 13:45:08 +1200
Auckland businesses are under increasing amounts of stress, a cause for concern amid fears of the worst of the economic downturn still ahead.A survey of over 1000 Auckland businesses with under 50 employees found that stress levels...
Meridian's offer to smelter still on the table, but expects closure in 2021
Mon, 10 Aug 2020 11:04:18 +1200
New Zealand's largest electricity generator says it still expected the Tiwai Point aluminium smelter to close down in 2021, but confirmed a fresh offer to delay remains on the table.In early July Rio Tinto announced that it had...
Contact says lower power prices drove 2020 profit down 11 %
Mon, 10 Aug 2020 10:50:32 +1200
Contact Energy said its net profit fell by 26 per cent to $125m in the year to June, due in part to lower wholesale power prices.The previous year's profit was inflated by a $170m gain from the sale of Rockgas and the Ahuroa gas...
Free digital health checks for schools ahead of online exams
Mon, 10 Aug 2020 09:12:03 +1200
Schools are being offered a free internet "health check" by Network for Learning (N4L) ahead of this year's NCEA exams - more of which are expected to take place online this year following a funding boost.The Crown agency, which...
Chris Keall: Twitter makes a play for TikTok
Mon, 10 Aug 2020 07:57:17 +1200
COMMENT: Microsoft has some competition in its bid to buy TikTok's US, Canada, Australia, Canada and New Zealand operations.Twitter has thrown its hat into the ring, according to a Wall Street Journal report.Pundits say TikTok's...
Vital Healthcare Property Trust net profit falls 37%, 'challenging' year due to Covid-19
Mon, 10 Aug 2020 07:09:00 +1200
Net profit after tax from Australasia's only listed hospital, healthcare and medical property specialist fell 37 per cent to $58 million due to less spectacular revaluation gains and the business which owns Melbourne real estate said...
Covid lockdown drives rise in reckless money behaviour by under-35s
Mon, 10 Aug 2020 05:00:00 +1200
New Zealand's Covid-19 lockdown appears to have driven a rise in reckless financial behaviour from young adults.Research by the Commission for Financial Capability has found most Kiwis saw an improvement in their knowledge and attitude...
Potential Kodak deal paused until 'allegations are cleared'
Sun, 09 Aug 2020 16:00:00 +1200
A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared."Recent allegations of wrongdoing raise...
The Conversation: Lost your job due to coronavirus? Artificial intelligence could help you find a new one
Sun, 09 Aug 2020 10:54:29 +1200
Millions of Americans are unemployed and looking for work. Hiring continues , but there's far more demand for jobs than supply. As scholars of human resources and management , we believe artificial intelligence could be a...
Election 2020: Covid-hit tourism industry wants 'vision' from new government
Sat, 08 Aug 2020 12:00:00 +1200
By RNZ The tourism industry is calling for the incoming government to make bold decisions to revitalise the hard-hit sector.Tourism Industry Aotearoa has released its election action plan that identifies specific areas needed...
Qatar Airways flying back to New Zealand with Airbus A350
Fri, 07 Aug 2020 14:57:59 +1200
Qatar Airways will resume flights from Auckland with three times a week starting from August 19 with services aimed initially at only outbound passengers.The service will be operated via Brisbane using A350-1000 which has 327 seats...
Donald Trump bans dealings with Chinese owners of TikTok, WeChat
Fri, 07 Aug 2020 14:48:43 +1200
President Donald Trump on Thursday ordered an unspecified ban on "transactions" with the Chinese owners of the consumer apps TikTok and WeChat.The twin executive orders — one for each app — take effect in 45 days. They call on the...
Lime finally makes it to Wellington - by dint of buying Jump by Uber
Fri, 07 Aug 2020 13:37:40 +1200
Jump e-Scooters will return to the capital tomorrow - but now owned by Lime rather than Uber.A convoluted US$170m deal in June saw Uber sell its Jump e-bike and e-scooter division to Lime - but with a provision for Uber, which is...
IAG NZ insurance profit dragged down by AMI store closure costs
Fri, 07 Aug 2020 13:25:08 +1200
Higher claims stemming from the Canterbury hailstorm and increased operating costs linked to closing its AMI offices has dragged down the profits of IAG New Zealand - the parent company for State and AMI.The New Zealand arm of the...
Thousands of workers download wellbeing app to keep stress in check
Fri, 07 Aug 2020 12:48:46 +1200
A Kiwi-focused wellbeing app made free during the Covid-19 pandemic has been downloaded more than 60,000 times in three months.The biggest uptake of Mentemia has been from large corporates concerned for the wellbeing of staff under...
Watch: Telstra takes aim at 5G nutters
Fri, 07 Aug 2020 11:36:06 +1200
New Zealand telcos have been diplomatic in their attempts to gently explain that 5G poses no health risk - let alone being responsible for 5G.But in a new clip, Aussie telco Telstra gives the tinfoil hat crowd a good rark-up.Take...
Uber takes $1.78 billion Covid 19 hit despite 103 per cent rise in Uber Eats revenue
Fri, 07 Aug 2020 09:53:33 +1200
Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus.Its food delivery business grew as more...
Telco industry economics 'out of whack', Vodafone NZ boss says
Fri, 07 Aug 2020 08:08:03 +1200
By Nicholas Pointon of RNZ Consumers will have to pay more for their internet and phone connections, otherwise the telecommunications industry will struggle to invest in new technology, according to a new report.Price rises are...
Sir Ron Brierley case: Delay as detectives search 25,000 extra images for child abuse
Thu, 06 Aug 2020 19:37:21 +1200
Detectives are poring through thousands of newly discovered images following the arrest of Kiwi businessman Sir Ron Brierley on child porn charges, a court has been told.Brierley, 83, of Point Piper, was mentioned in Downing Centre...
Man ordered to pay former best-mate more than $110,000 in unpaid wages
Thu, 06 Aug 2020 15:48:24 +1200
A 50-year friendship between two South Island men has ended in court with one ordered to pay the other more than $110,000 for seven years of unpaid wages despite the gift of land and free accommodation.The Employment Court case...

rssfeedwidget.com