SPONSORED
Elevate Magazine

Archives: News

Explore our coverage of New Zealand and World politics, economics, business and culture.

trump imposes 50% tariff on copper imports

Trump imposes 50% tariff on copper imports

On Wednesday, President Donald Trump announced a 50% tariff on all copper imports to the United States, extending his administration’s...

By Mike Jerome Infante | 01 Aug 2025 | 2 min read
women face increasing financial hardship compared to men, report shows

Women face increasing financial hardship than men, report shows

44% of New Zealanders felt they had improved their financial situation in the 12 months ending in June, while 56%...

By Leenah-Leen Arandia | 01 Aug 2025 | 2 min read
businessevent

NZ Steps Up Business Events Focus After WEF Findings

The World Economic Forum’s Travel and Tourism at a Turning Point report (July 2025) identifies business events as the main...

By Nicole Valdez | 31 Jul 2025 | 3 min read
milk

NZ Dairy Season Opens with 17.8% Milk Surge

Milk production in June surged 17.8% year-on-year, opening New Zealand’s 2025/26 dairy season with unexpected strength. The month generally marks...

By Nicole Valdez | 31 Jul 2025 | 2 min read
new zealand (2)

Business confidence improves in July, residential construction still struggles

Business confidence improved marginally in July, yet conditions continue to be challenging for residential construction companies, the most recent ANZ...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read
queenstown

Queenstown Infrastructure Under Pressure

The infrastructure in Queenstown is under growing strain as the town grapples with ongoing development in a limited geographic space....

By Nicole Valdez | 31 Jul 2025 | 3 min read
adidas warns us tariffs could raise product prices

Adidas warns US tariffs could raise product prices

Adidas shares dropped about 7% on Wednesday following the company’s warning that rising U.S. tariffs could increase the cost of...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
simon bridges

NZCCI: The government’s payment surcharge ban could burden SMEs

The New Zealand Chambers of Commerce (NZCCI) caution that although the government’s proposed ban on retail payment surcharges is well-meaning,...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read
powerful earthquake in russia triggers tsunami alerts across pacific

Powerful earthquake in Russia triggers tsunami alerts across Pacific

A powerful 8.8 magnitude earthquake struck near Russia’s Kamchatka Peninsula early Wednesday, triggering tsunami waves that reached the coastlines of...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
pharma firms demand clarity on tariffs in eu us trade deal

Pharma firms demand clarity on tariffs in EU-US trade deal

Pharmaceutical industry leaders are calling for clear guidance on tariffs under the new EU-U.S. trade agreement, amid concerns that uncertain...

By Mike Jerome Infante | 31 Jul 2025 | 2 min read
nikhil ravishankar

Air NZ names Nikhil Ravishankar as new CEO

Air New Zealand appoints Nikhil Ravishankar as its new chief executive.  Ravishankar, who currently serves as the airline’s chief digital officer,...

By Leenah-Leen Arandia | 31 Jul 2025 | 2 min read
air new zealand

Air NZ launches programme to support regional events and tourism 

Air New Zealand has introduced its Regional Event Sponsorship programme in collaboration with regional tourism organisations nationwide to highlight 20...

By Leenah-Leen Arandia | 30 Jul 2025 | 2 min read
food delivery startup calo eyes major expansion in uk

Food delivery startup Calo eyes major expansion in UK

Bahraini foodtech firm Calo has raised an additional $39 million in a Series B extension led by AlJazira Capital, building...

By Mike Jerome Infante | 30 Jul 2025 | 2 min read
temu

Chinese retailer Temu accused of selling illegal goods on its platform

Chinese online retailer Temu has come under scrutiny by European Union regulators. The company was accused of failing to prevent...

By Leenah-Leen Arandia | 30 Jul 2025 | 2 min read
investment banking boosts barclays second quarter earnings

Investment banking boosts Barclays second-quarter earnings

Barclays has surpassed profit expectations for the second quarter of 2025, driven by strong investment banking revenues amid market volatility....

By Mike Jerome Infante | 30 Jul 2025 | 2 min read
stellantis sees gradual recovery despite tough start to 2025

Stellantis sees gradual recovery despite tough start to 2025

Stellantis, the global automotive powerhouse behind brands such as Jeep, Dodge, Fiat, Chrysler and Peugeot, has reinstated its financial guidance...

By Mike Jerome Infante | 30 Jul 2025 | 3 min read
Subscribe for weekly news

Subscribe For Weekly News

* indicates required