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Browsing Tag

cuts

58 posts
BBusiness
OCR Preview: Another rate cut coming - but will it be the last?
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Reserve Bank cuts Official Cash Rate in final decision of 2025 before new governor begins

  • November 26, 2025
Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and…
BBusiness
Fonterra cuts milk price mid-point forecast to $9.50/kg
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Fonterra cuts milk price mid-point forecast to $9.50/kg

  • November 25, 2025
At the last sale on November 19, the GDT price index fell by 3% while whole milk powder…
NNew Zealand
Wellington City Council overstaffed by 330, job losses likely as review recommends cuts
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Wellington City Council overstaffed by 330, job losses likely as review recommends cuts

  • November 25, 2025
The review said $15 million-$37m could be found by cutting staff to “right-size” the council. The number of…
BBusiness
Wall Street falls ahead of Nvidia results amid doubts over US rate cuts
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Wall Street falls ahead of Nvidia results amid doubts over US rate cuts

  • November 18, 2025
It’s the weakest reading since April, when President Donald Trump imposed higher-than-expected tariffs. Europe lacked inspiration too with…
EEconomy
Trump cuts US tariffs on coffee, beef and fruit to ease cost pressures
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Trump cuts US tariffs on coffee, beef and fruit to ease cost pressures

  • November 15, 2025
Democrats swept all three of those races, with an intense focus on cost-of-living issues. The list of tariff…
BBusiness
Briscoe Group sales dip as Rebel Sport slump offsets homeware gains
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Briscoe Group sales dip as Rebel Sport slump offsets homeware gains

  • November 7, 2025
However, over the third-quarter total group sales fell by 1.76%, driven by a decrease in sporting goods sales…
BBusiness
Far North region plunged into darkness after substation failure cuts electricity for 23,000
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Far North region plunged into darkness after substation failure cuts electricity for 23,000

  • November 6, 2025
“There is no evidence of fire or extensive damage on the site,” the post said. “One of the…
NNew Zealand
Far North power outage cuts electricity to more than 23,000 homes
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Far North power outage cuts electricity to more than 23,000 homes

  • October 31, 2025
Equipment failure at the Kaikohe substation was suspected but initial investigations by Top Energy crews on site showed…
BBusiness
Amazon cuts staff by 14,000 as it invests in AI
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Amazon cuts staff by 14,000 as it invests in AI

  • October 28, 2025
According to the reports, the cuts would target areas such as human resources, advertising and management in a…
NNew Zealand
Lightning strike cuts power in central areas as snow traps vehicles across South Island
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Lightning strike cuts power in central areas as snow traps vehicles across South Island

  • October 27, 2025
Transpower has declared a grid emergency this morning after a lightning strike. “The tripping of the Whirinaki, Wairakei…
BBusiness
Nissan's new EV battery doubles driving distance, cuts charging times
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Nissan’s new EV battery doubles driving distance, cuts charging times

  • October 27, 2025
Electric vehicles Japanese automaker aims for all-solid-state battery mass production by fiscal 2028 Nissan is racing with other…
AArtificial intelligence
Meta cuts 600 workers in AI unit as it races to compete in tech boom
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Meta cuts 600 workers in AI unit as it races to compete in tech boom

  • October 22, 2025
Naomi Nix Washington Post· 22 Oct, 2025 09:45 PM2 mins to read Subscribe to listenAccess to Herald Premium…
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