Naphtha crunch bites Japanese companies despite PM’s assurances
Business trends From bathtubs to plastic bottles, prices are rising and output is falling Shortages of petroleum derivatives are…
Iran war costs hit a2 Milk, Air New Zealand, Ryman, Fletcher Building – Stock Takes
“These issues are expected to resolve by financial year 2027, so we view the downgrade as largely one-off,”…
Splitting power generators from their retail arms would not cut electricity bills – Oliver Hartwich
Electricity generation is nothing like this. Multiple generators already compete to produce power using hydro, wind, geothermal and…
NZ Super Fund’s ethical investing policy ruled inadequate by court
In a ruling released today, Justice Simon Mount said NZSF policies around responsible investing, particularly when making divestment…
Former SPQR owner Chris Rupe banned from running companies until 2034
Liquidators Christopher McCullagh and Stephen Lawrence of PKF Corporate Recovery & Insolvency confirmed last year that SPQR owed…
He survived working for Elon Musk. Here’s how
Musk went silent. McNeill, unaware that Musk engaged in prolonged pauses and unsure whether his future boss was…
Whanganui trucking companies hit by diesel surge warn of higher prices for consumers
“It would force us out of business if we had absorbed how much our fuel bill has gone…
Europe needs to control AI for defense, top industry exec says – POLITICO
“If these artificial intelligence systems are actually procured from foreign companies, then … our militaries can be turned…
Whanganui trucking companies hit by diesel surge warn of higher prices for consumers
“It would force us out of business if we had absorbed how much our fuel bill has gone…
New Zealand’s highest-paid CEOs: $17m payday smashes records
A2 Milk’s David Bortolussi – second last year in the pay ranking – retains his position, trailing Miles…
US pressures Brussels to join AI chips club – POLITICO
U.S. Under Secretary of State for Economic Affairs Jacob Helberg on Monday piled pressure on Brussels to get…
Rickhil Prakash’s Hills Real Estate alleged debt now above $30m after two more companies liquidated
“We have been advised by the company’s accountants that no financial statements were prepared,” the liquidators said. Liquidators…