Nvidia-backed consortium buys AI data centre firm from Macquarie $69.9b
A consortium led by BlackRock, including Nvidia and Microsoft, will acquire Aligned Data Centres for US$40 billion ($69.9b).…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
Otago councillor accused of financial misconduct, Dave McKenzie, resigns
In a statement, McKenzie said he was disappointed but destructive misinformation and hatred online had become too much…
Buy or Wait? Evaluating SoundHound AI’s Investment Case – October 13, 2025
Key Takeaways SoundHound’s revenues surged 217% year over year to $42.7 million in the second quarter.
The…
Du Val founders Charlotte and Kenyon Clarke ordered to pay $46,000 Financial Markets Authority costs
NZ Herald 13 Oct, 2025 03:25 AM2 mins to read Subscribe to listenAccess to Herald Premium articles require…
Mortgage rate cuts easing financial pressure on Kiwi home owners, more ahead on loans
NZBA chief executive Roger Beaumont said most customers continue to manage their money well despite the challenging economic…
Nicola Willis hails progress on fiscal discipline as key Government financial indicators better than forecast
Expenses were recorded at $183.5b, which is up from $180b in the previous period. But when put as…
‘Separate checks, please.’ 5 tips for handling money with friends
What to do when a friend or family member asks to borrow money Waiting to get paid back…
Upheaval in France and Japan weighs on financial markets
London’s leading share index has rebounded a little this morning, with oil stocks buoyed by rising prices and…
New Zealand’s largest insurer IAG to pay $19.5m for widespread failures
FMA executive director of response and enforcement Louise Unger said the nature and scale of IAG’s contraventions were…
Former financial adviser Murray McClune jailed after $1.7m theft from elderly clients
FMA head of enforcement Margot Gatland said McClune’s conduct was “both deliberate and dishonest, and involved a gross…
The hidden price of blindness: Palmerston North mother lost her sight after measles
“The thing is that people often ask me, do I regret it? Is it a bad thing? Would…