CDC Data Centres New Zealand swings to $88m loss, clocks $38m tax benefit
After cost-of-sales of $17.1m, the subsidiary had a gross profit of $117.3m from the year-ago $76m. Big loss…
Tech Insider: Load of bull? Founder’s anger after MBIE denies R&D grant; Analyst swings from Xero foe to friend; What EECA blew on Mevo
“I’m deeply upset that the system is so bad. This will affect other start-ups and researchers,” he says.…
Weather: Low-pressure system swings past New Zealand, targets Chatham Islands
MetService forecaster Kate Lyons told the Herald the current low bringing wet weather across New Zealand would slowly…
Iran’s capital hit by wave of protests after local currency slumps to record low, pushing up food prices
Price fluctuations are paralysing the sales of some imported goods, with both sellers and buyers preferring to postpone…
Microsoft NZ data centre unit swings to $33.6m profit as revenue jumps 61%
It also reported an income tax benefit of $16.6m versus its year-ago income tax expense of $28.2m. Notes…
Kathmandu parent KMD Brands swings to deeper $93.6m loss in 2025
Key to this was gross margins, which fell from 58.4% in 2024 to 56.5% in 2025, reflecting the…