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

ballance (1)

Manufacturing operations at Ballance’s Mount Maunganui plant may end, impacting 68 jobs

Ballance Agri-Nutrients has announced a proposal to cease manufacturing operations at its Mount Maunganui plant, with plans to convert the...

By Leenah-Leen Arandia | 16 Apr 2025 | 2 min read
microsoft

Microsoft restructures workforce, layoffs due in May

Microsoft is streamlining its corporate structure, with a new wave of layoffs scheduled for May 2025. The job cuts, aimed...

By Nicole Valdez | 16 Apr 2025 | 2 min read
debeers

De Beers launches global diamond push

De Beers Group is launching its most ambitious marketing effort in over a decade, committing record investment through 2025. With...

By Nicole Valdez | 16 Apr 2025 | 3 min read
foodnz

March sees rebound in NZ food inflation

New Zealand’s food prices rose in March, marking a 0.5% monthly increase and reversing February’s decline. According to Stats NZ,...

By Nicole Valdez | 16 Apr 2025 | 3 min read
retail

Stats NZ reports retail drop in March

Retail spending in New Zealand declined more sharply than anticipated in March, with electronic card transactions down 1.49% from February...

By Nicole Valdez | 16 Apr 2025 | 3 min read
food items

Food prices surge 3.5%, the highest since January last year

New Zealand’s food prices rose 3.5% in the 12 months to March 2025, marking the highest annual increase since January...

By Leenah-Leen Arandia | 15 Apr 2025 | 1 min read
houses

Real Estate Institute reports 1.4% yearly decline in house prices

House prices continue to decline with a $30,000 drop, or 1.4%, to $790,000 year-on-year, as reported by the Real Estate...

By Leenah-Leen Arandia | 15 Apr 2025 | 2 min read
pfizer’s weight loss pill shelved after patient liver damage

Pfizer’s weight loss pill shelved after patient liver damage

Pharmaceutical company Pfizer has halted the development of its once-daily weight loss drug danuglipron after a trial participant experienced liver...

By Mike Jerome Infante | 15 Apr 2025 | 3 min read
nz tourism

Govt rolls out $13.5M global tourism push

The government has unveiled a $13.5 million boost to Tourism New Zealand’s international marketing efforts, signalling a renewed push to...

By Liam Foster | 15 Apr 2025 | 4 min read
export spike fuels china’s trade surplus while imports decline

Export spike fuels China’s trade surplus while imports decline

China’s export sector posted a stronger-than-anticipated 12.4% year-on-year increase in March, reaching $313.9 billion, as manufacturers raced to fulfil overseas...

By Mike Jerome Infante | 15 Apr 2025 | 2 min read
mainland kiwi as

Fonterra’s Mainland Group spin-off

Fonterra Co-operative Group’s plan to divest its global consumer business under the newly minted "Mainland Group" brand has entered a...

By Liam Foster | 15 Apr 2025 | 5 min read
automakers see shares climb as trump floats tariff adjustment plans

Automakers see shares climb as Trump floats tariff adjustment plans

Automotive stocks across the United States witnessed notable gains on Monday as President Donald Trump signalled potential flexibility in his...

By Mike Jerome Infante | 15 Apr 2025 | 2 min read
ocean plastic

Glad Bags’ ‘Ocean Plastic’ claims cost Clorox Australia $8.87M fine

An Australian court has fined Glad owner Clorox Australia A$8.25 million ($8.87m) for making false or misleading claims that certain...

By Leenah-Leen Arandia | 15 Apr 2025 | 2 min read
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Which NZ exports are hit hardest by Trump’s tariffs?

While the 10% headline rate imposed on Kiwi exports may appear modest compared to the 145% levy slapped on Chinese...

By Liam Foster | 15 Apr 2025 | 4 min read
vegetableoil

Japan tests ship powered by cooking oil

A cargo ship glided between Mikawa Bay and Tokyo Bay for weeks, its engine fuelled by an unusual combination: heavy...

By Nicole Valdez | 14 Apr 2025 | 3 min read
antidepressants

Danish study links antidepressants to heart death

A Danish study presented at EHRA 2025 is spotlighting potential cardiovascular risks tied to long-term antidepressant use. Led by Dr...

By Nicole Valdez | 14 Apr 2025 | 5 min read
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