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  • Shoppers turning their backs on Huawei following Google ban

    Shoppers both here and abroad are turning their backs on Huawei's handsets in the wake of Google suspending its hardware and software business with the Chinese mobile giant.Huawei's handset popularity has plummeted by more than...Saturday, May 25, 2019
  • Former Facebook exec recommends Mark Zuckerberg step down as CEO

    Facebook's former security chief is disagreeing with calls to break up the social network.Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO.Facebook co-founder Chris Hughes and other...Saturday, May 25, 2019
  • US CEOs get $1.2m pay raise, leaving workers further behind

    Did you get a 7 per cent raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, that 7 per cent was roughly US$800,000 ($1.2 million).Pay for CEOs at S&P 500 companies...Saturday, May 25, 2019
  • Pushpay, PredictHQ among big winners at 2019 Hi-Tech Awards

    Pushpay (Company of the Year), PredictHQ (three awards) and Robotics Plus (two awards) were the big winners at the 2019 Hi-Tech Awards, announced in Auckland this evening. See the full list of winners below.The event also saw entrepreneur...Friday, May 24, 2019
  • NZ shares fall; Gentrack sinks on weaker earnings

    New Zealand shares fell, led by Gentrack, after the utilities software developer was among companies reporting weaker than expected earnings today. The S&P/NZX 50 Index fell 41.05 points, or 0.4 per cent, to 10,222.36. Within the...Friday, May 24, 2019
  • NZ dollar falls with Aussie after Westpac's RBA rate cut call

    The New Zealand dollar fell in unison with its Australian counterpart against the greenback after Westpac forecast the Reserve Bank of Australia will cut interest rates three times this year.The kiwi was trading at 65.16 US cents...Friday, May 24, 2019
  • Kiwis' shun self-service kiosks at supermarkets - survey

    New Zealanders prefer the human touch over self-service kiosks when it comes to doing their supermarket shopping, a new survey has revealed.Canstar Blue's customer satisfaction survey of 2500 Kiwi shoppers, comparing New World,...Friday, May 24, 2019
  • Bargaining chip? Trump says Huawei could be part of China trade deal

    COMMENT: US President Donald Trump today dropped another strong hint that his country's ban on Huawei could be a trade war bargaining chip.At a press conference to announce US$16 billion in aid for US farmers hit by Chinese...Friday, May 24, 2019
  • Wanted businessman to fight Australian extradition request over alleged multi-million tax fraud

    A Chinese businessman, who was living undetected in New Zealand, will fight an extradition request by the Australian Government over an alleged multimillion-dollar tax fraud.Li Zhang, 56, briefly appeared this morning in the Auckland...Friday, May 24, 2019
  • Reaction to Budget rules relaxation shows balance 'about right', says Ardern

    The government's decision to relax its Budget Responsibility Rules has attracted a balance of positive and negative criticism, suggesting it's pitched about right, said Prime Minister Jacinda Ardern in a speech to an Auckland business...Friday, May 24, 2019
  • Annual exports to China top $15 billion for first time

    Annual exports to China jumped 22 per cent in April to top $15 billion for the first time, amid growing demand for beef, lamb, logs and dairy products. Exports to China now account for about a quarter of New Zealand's international...Friday, May 24, 2019
  • Kiwis issued more than $83 million in IRD refunds in first week

    Kiwis around the country have been issued more than $83m of tax refunds by Inland Revenue in their first week of automatic tax assessments.More than 178,000 people were issued refunds, while just under 40,000 were told they had...Friday, May 24, 2019
  • Air New Zealand confirms plans to announce new widebody planes on Monday

    Air New Zealand has confirmed it will announce which new widebody planes it has chosen on Monday with Boeing aircraft set to win the race with Airbus.It is understood Boeing representatives will be in Auckland that day, when the...Friday, May 24, 2019
  • Gentrack posts $8.7M loss on CA Plus write-down

    Utilities software specialist Gentrack Group has reported an $8.7 million first-half loss after writing off the value of airport software developer CA Plus it acquired in 2017.The company, which provides billing and customer management...Friday, May 24, 2019
  • Taste of Kiwi: World's tallest L&P bottle up for auction

    L&P lovers rejoice! If you're a fan of the "good lemonish stuff", you can now get your hands on the world's tallest legitimate L&P bottle which requires a step-ladder to drink from.Last year, Kiwis were asked to describe the unique...Friday, May 24, 2019
  • Cavalier says market conditions still challenging

    Cavalier Corp expects to break-even in the second half, meaning annual normalised profit will remain around $1.9 million as market conditions remain tough. "The challenging market conditions noted in February 2019, particularly...Friday, May 24, 2019
  • Fonterra price 'strips $225m from farmers'

    Forecast changes announced yesterday by Fonterra will reduce the cooperative's farmer incomes this season by about $225million, ASB senior rural economist Nathan Penny says.Fonterra narrowed its current season farm-gate milk price...Friday, May 24, 2019
  • Escalating US-China trade war hits stocks again

    Global markets sagged Thursday as uncertainty over trade relations between the United States and China continued to sour investors.The Dow Jones industrial average plunged 448 points at its low before clawing back late in the day...Friday, May 24, 2019
  • The ultimate footpath machine? BMW releasing an e-scooter

    BMW says it will release an e-scooter in September - though at US$890 ($1364), it will be sold at a premium price for its modest speed and range.Could it be the ultimate scooting machine?Not going by its specs .The German car...Friday, May 24, 2019
  • Trump announces US$16 billion aid package for farmers hit by trade war

    The Trump administration on Thursday announced a new US$16 billion (NZ$24.5 billion) farm aid package to offset losses from the U.S. trade war with China.In a conference call with reporters, Agriculture Secretary Sonny Perdue said...Friday, May 24, 2019

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