Airbnb CEO says travel never going back to the way it was before pandemic
Airbnb Chief Executive Officer Brian Chesky on Thursday predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities...
Businesses hoping for good local turnout for America’s Cup
Auckland businesses trading on the doorstep of the America's Cup Village face a nervous wait to see if sailing fans turn out in their droves...
Covid finances: solo parents, small business owners among hardest hit
One in three households report being worse off financially compared with last year, according to a new survey. Half of the survey's respondents said their...
Michael Hill store robbed by armed offenders
A jewellery store at a busy Auckland mall has been robbed by two armed offenders. Photo: 123rf Police say the incident took place at Michael...
Wait for her earned tip is over: Restaurant pays $2,000 tip directly to waiter after bank refused to process the money because it was so unusually high
A Texas restaurant has paid a waiter a $2000 tip she got from a customer, some days after the restaurant owner complained that the bank...
More than 400 lawmakers from 34 countries back ‘Make Amazon Pay’ campaign
More than 400 lawmakers from 34 countries have signed a letter to Amazon.com Inc boss Jeff Bezos backing a campaign that claims the tech giant...
Business leaders against National’s idea of imposing conditions on Funding for Lending
Business leaders aren't backing National Party's call for the government to "rein in" the Reserve Bank and insist conditions be put around new funding. Business...
Walmart drops inventory-tracking robots after humans prove just as effective
Machines don't always do a better job than people What just happened? Are you concerned about automation replacing human workers? Then you might appreciate this: Walmart...
Business mystified by govt’s lack of interest in recycling initiative
The country's biggest bulk wine supplier has begun turning gigantic flexibags into plastic fenceposts but the fencepost manufacturer protests that a lack of government funding...
Amazon now offers free, one-hour grocery pickup for Prime members at all Whole Foods in the US
Curbside delivery is here to stay The big picture: Per recent data from Global Data Research, nearly 70 percent of those surveyed said they will continue...
KFC and Xbox team up for this hideous XBSX controller
MY EYES! WTF?! Are you planning to buy an Xbox Series X? Do you have a love for KFC that borders on the terrifying? Then why...
Tesla cracks revenue record and beats estimates, shares take off
Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick in vehicle deliveries and sales...
The Warehouse Group chief operating officer to step down
The chief operating officer of The Warehouse Group will leave the firm in the new year to take up a job with an overseas retailer....
Amazon said third-party sellers surpassed $3.5 billion in sales during Prime Day
Prime Day 2020 is officially in the books TL;DR: Amazon less than a full day removed from its annual Prime Day sales event revealed that third-party...
Air New Zealand CFO Jeff McDowall resigns
Air New Zealand is losing another senior executive. Photo: RNZ / Nate McKinnon The airline's chief financial officer, Jeff McDowall, has given notice he will...
Ease of doing business: Name reservation, business registration to now take 48 hours
The Corporate Affairs Commission (CAC) says activities like name reservation and registration of new businesses will now take 48 hours. The commission announced the new...
Chevron to sack 25 percent of its workforce in Nigeria
Chevron Nigeria Limited (CNL) says it will cut down its workforce in Nigeria by 25 percent across various levels. CNL disclosed this in a statement...
Playboy set to emerge anew as public company
The print edition of Playboy magazine was killed this year but the name lives on in the digital world and branded products HENNY RAY ABRAMS...
Amazon launches Explore platform, offering virtual tour, shopping, and lesson experiences
One-on-one with an expert, for a price What just happened? Amazon has launched a new platform called Explore that utilizes its own live-streaming tools so people...
Amazon confirms dates Prime Day will take place on October
Prime Day will have a fall feel this year The big picture: Amazon is running the risk of cannibalizing Black Friday and Cyber Monday sales by...
Sounds Air aims to offer first regional zero-emission flights
Sounds Air is endeavouring to become the first regional airline to offer zero-emission flights. Photo: Supplied / Heart Aerospace It has signed a letter of...
Business confidence at 19-year low – Mood of the Boardroom
Business confidence is at its lowest on record according to the Mood of the Boardroom survey, which goes back 19 years. Labour finance spokesperson Grant...
Sir Stephen Tindall steps down from The Warehouse board
Sir Stephen Tindall will step down from the board of The Warehouse, which he founded. The Warehouse founder Sir Stephen Tindall won't be seeking re-election...
Workers ‘absolutely devastated’ about The Warehouse restructure – union
First Union says The Warehouse has made a wrong decision to go ahead with a proposed restructure under which hundreds of jobs and thousands of...
Small businesses cautiously optimistic amid recession
The economy may have just taken a turn for the worst but some small businesses are cautiously optimistic about the future. File photo. Photo: 123RF...
Fonterra posts $659m full year profit
Fonterra has posted a profit of $659 million as restructuring, improved sales and margins helped it recover from the previous year's massive loss. Photo: RNZ...
S&P 500 ends higher on growing hopes Fed will stay accommodative
U.S. stocks rose on Tuesday as investors hoped the Federal Reserve would stick with its supportive policy stance as the central bank’s two-day meeting got...
NZX website down again, trading unaffected
The New Zealand Stock Exchange (NZX) website is down and it is understood to be due to another cyber attack. Photo: Supplied / NZX The...
Consumer confidence hits lowest level since 2008
Consumer confidence has hit its lowest point in more than a decade, but the economy may have come through the Covid-19 pandemic related lockdowns in...
Amazon is hiring 100,000 people in Canada and the U.S.
The retail giant is on a hiring spree In brief: Amazon's business has benefitted from the pandemic, and now the company is scrambling to expand its...
Amazon accused of price gouging throughout the pandemic
Some essential items quadrupled in price, likely breaking price gouging laws A hot potato: Despite Amazon's public stance on price gouging, a new report highlights several...
Travellers out of pocket after Airbnb refuses full refund
Travellers have been left out of pocket by Airbnb's response to the latest Covid-19 lockdown. File photo. Photo: 123RF Those who booked travel while New...
Tesla in talks to buy low carbon nickel from Canada – sources
Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker access to low...
Walmart is testing drones to deliver orders to shoppers
Drones could limit contact as the pandemic rages on Editor's take: The idea of delivering packages via aerial drones has been in the mainstream for nearly...
Gateway partners with Walmart to make a comeback
Acer revives the Gateway brand What just happened? The Holstein dairy cow is back in business. Gateway, the iconic brand that revolutionized the personal computer industry...
Ynet CEO interrogated ahead of failed Taboola-Outbrain merger – report
The raid on Ynet's offices was reportedly part of an investigation carried out by the Competition Authority surrounding the planned merger of Taboola and Outbrain,...
Successful launch for Laybuy on Australian stock exchange
New Zealand buy now-pay later company, Laybuy, has had a stellar debut on the Australian stock exchange. Photo: 123RF The company has traded more than...
FCC generates more than $4.5 billion in latest wireless spectrum auction
More than 20,000 spectrum licenses were scooped up The big picture: The Federal Communications Commission this week announced the winners of its recent 3.5GHz band auction,...
Air New Zealand’s chief commercial and customer officer Cam Wallace resigns
Air New Zealand's chief commercial and customer officer has resigned from the role due to the airline's current domestic status amid the pandemic. Air New...
Dating app Bumble preparing for an IPO above $6 billion
Dating app Bumble is preparing for an initial public offering (IPO), and could seek a valuation of $6 billion to $8 billion, Bloomberg News reported...
Tesla launches $5 billion capital raise, tapping in on share surge
Tesla Inc (TSLA.O) on Tuesday unveiled its biggest program of new share sales as a public company, seeking to cash in on soaring Wall Street...
Zoom shares up more than 40 percent following stellar quarterly report
Zoom shares are soaring on strong quarterly performance In a nutshell: Zoom in its second quarter earnings report said it generated $663.5 million in total revenue...
Getting in was easy, getting out not so: Shoprite seeks vacation of court order stopping its exit from Nigeria
The South African retail company, Shoprite Checkers (PTY) Ltd, on Tuesday filed an application seeking to discharge a mareva injunction stopping it from transferring its...
J.C. Penney sale talks stall, pushing retailer to brink
J.C. Penney Co Inc’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse...
NZX attacks embarrassing and unusual, head of TUANZ says
The head of the Telecommunications Users Association of New Zealand says the attacks on the NZX are highly unusual and serve as a good reminder...
CBN resumes sales of foreign exchange to licensed BDC operators
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country....
NZX crashes for fourth day in a row
The NZX website appears to be down for a fourth day just as the market is due to open. Photo: Supplied / NZX The stock...
NZX down for third day in a row, following another cyber attack
The NZ Stock Exchange (NZX) has been halted after its website went down for a third day in a row. File photo. Photo: RNZ /...
Office Max to close all 14 retail stores, go online-only
Office Max is shutting down all of its retail stores as it transitions to an online-only business. Photo: 123RF In an email to customers, the...
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