Allbirds faces tough turnaround as sales slide and cash reserves drop
“At the same time, we are taking definitive steps to further reduce costs, enhance liquidity, and pursue value-creating…
Tauranga home values fall 1.3% as southern markets lead gains
QV, national spokesperson, Andrea Rush, said the housing market remained broadly flat, with small declines in most main…
Hawke’s Bay rent prices drop slightly as demand softens – but crisis persists, a family says
The Ministry of Business, Innovation and Employment (MBIE) also publishes rental data based on bonds from new rentals,…
Cisco Innovation Exec Says These Skills Are Critical in AI Era
This as-told-to essay is based on a conversation with Guy Diedrich, Cisco’s global innovation officer, based in Austin.…
English exam asks students to write about long-haired boy being bullied, forced to drop pants
“And I didn’t much like it when a few months after I started school a large Year 3…
Tesla profit falls 37% to $2.4 billion on higher costs, tariffs
Tesla has reported a hefty drop in profits, citing a drag from tariffs and other expenses that more…
Macpac revenue and profit fall as New Zealand demand softens
The business has 39 stores in New Zealand, 26 in the North Island and 13 in the South…
Approval ratings for Christopher Luxon and Chris Hipkins drop in new political poll
As for the party vote, National remains steady on 34%, two points higher than Labour, down 1% to…
NZ’s Best Homes with Phil Spencer Ep 5: Overall value drop as show turns to (slightly) more humble abodes in Matakana, Coromandel and Waikato
At just under $12.5 million, the total value of the homes on display in the fifth instalment of…
Northland builders hit by consent slump and high costs despite interest rate cuts
While some builders had lots of work on, others had been struggling since around last year, he said.…
NZ sharemarket up 0.3% despite business confidence drop – Market close
The NZ Institute of Economic Research (NZIER) September Quarterly Survey of Business Opinion revealed a net 15% of…
Business confidence drops in key survey for RBNZ ahead of rate call
Firms’ own trading activity showed a net 14% of firms reported a decline in activity in their own…