Railway copper thieves risking death and major train delays, KiwiRail warns
In April, services on the Hutt Valley line were forced to a halt six times as a result…
Nippon Life’s early SpaceX bet may deliver billions in profit
Finance For over 10 years Nissay has had a stake in Musk’s rocket company, whose market value is…
Coca-Cola New Zealand reports bumper $109m profit for 2025, pays $125m dividend to parent company
Income tax paid by the business was relatively flat at $42.3m for the year, although the company did…
Facebook New Zealand sends $167m to Ireland, drains local bank accounts
Facebook NZ had “gross amounts from advertising and services” of $172.6m from the year-ago $159.4m, offset by “purchases…
Boat builder Rayglass posts $3.2m loss, says likelihood of regulatory penalty now low
In prior years, the company recognised a provision in relation to warranty “field-fix” costs and “potential regulatory matters”…
Heinz Wattie’s returns to profit for first time since 2021, despite 10% revenue drop in 2025 results
Employee costs fell, decreasing from $129.4m in 2024 to $116.1m in 2025. This included restructuring costs and termination…
Has AI Ended the Memory Chip Boom and Bust Cycle for Good?
Micron crossed $1 trillion in market value this week, a milestone that would have sounded absurd to most…
McDonald’s New Zealand profit jumps to $108.7m as fast-food giant plans six new restaurants
A further $635,000 was attributed to licence fees, while service fees, which refers to the monthly royalty-style revenues…
Tourism Holdings board weighs revised $3.10 bid amid profit downgrade
Tourism Holdings told the NZX in August that it believed the value of the company was more than…
Infratil boosts earnings as CDC dominates valuation, One NZ dominates profit contribution
It’s not yet delivering the growth of a lifetime, however. Shareholder return for FY26 was 13.9%, ahead of…
Pension funds face growing AI concentration risk in venture capital as valuations soar – Pensions & Investments
Pension funds face growing AI concentration risk in venture capital as valuations soar Pensions & InvestmentsBig Tech operators could…
Savings Tips From Early Retirees, Financially Independent Individuals
If you’re looking to save more, early retirees and financially independent individuals say the goal isn’t necessarily to…