Business

'Supergiant' gas field discovered in Egypt

The find could see Egypt become self-sufficient by 2020.

Air New Zealand and Air China join forces

Travellers are the likely winners as a result of the new partnership.

02:04

'Dad looks as handsome as ever' - Sir Ed's son delighted with new banknotes

The son of the man on the $5 note says he was initially anxious about the redesign.

Kiwi business confidence hits six year low

Bill English acknowledges the survey shows that the economy is going through a 'softening stage'.

Air NZ shares dive despite soaring profit

Concern about Air New Zealand's ability to profitably fill capacity increases as economies weaken and competition increases.

TVNZ profit up $10 million on last year

TVNZ reported a net profit after tax of $28.1 million for the year ending June 2015, up $10 million on the prior year.

02:03

Air NZ boss labels Qantas 'Air Sydney', hails own airline's outstanding results

"I would happily stand up against any airline in the world and look at our relative performance and say these are an absolutely outstanding set of results."

Global markets bounce back after China cuts interest rates to help economy

Investors also got some encouraging news from a survey indicating that US consumer confidence rebounded this month.

03:33

China's market fall a short term benefit for Kiwis, but rough ride lies ahead

The drop sees the average Kiwi paying less in the short term for consumer items such as petrol, and food.

01:05

Kiwi sharemarket will be hit after world stocks plunge, warns economist

Overnight the Dow Jones industrial average tumbled 1,000 points.

00:40

'I think he's got it terribly wrong' - union slams new Easter trading laws

Locals councils to decide whether shops can open on Easter Sunday.

World markets plunge overnight, sending shivers of fear through US investors

US stocks took a sharp dive at the start of the session amid concerns of slowing Chinese economy.

Local stocks feel the impact of global market jitters

The NZX is down over 100 points to 5,633 points, that's a significant fall of about two per cent.

Mark Zuckerberg among mega-rich to lose billions in US share market plunge

A total of $272 billion wiped from the wealth of billionaires world wide.

01:44

SkyCity not waiting for convention centre contract to begin expansion plans

The casino is making way for nearly 500 extra gaming machines, alarming the Problem Gambling Foundation.

New rival to TradeMe gives Kiwis more online buy, sell and swap options

The new website is called onoffer.co.nz and unlike TradeMe it's not an auction site.

00:53

Imperative that Kiwi employers get over their fear of hiring older workers

In the long run businesses will need to hire many more older workers because of the aging workfore.

01:50

China sends global financial markets into turmoil

China’s Central Bank has devalued its national currency for the second day.

Kiwi dollar hits six-year low against the US after China’s currency move

China’s central bank devalued the yuan by 1.9 per cent.

English won't be spooked into action over softening economy

A new report warns that the tide has turned on the New Zealand economy.

Is your salary rising $94 a month? You may be falling behind

The biggest gains have been seen outside the main centres.

Google searches for new name, comes up with Alphabet

Google search, maps and YouTube get a rejig.

Resignation of Kathmandu exec 'nothing to do' with Briscoe takeover

Chief operating officer Mark Todd will step down at the end of August.

14:25

'To say this is not a crisis suggests someone doesn't know what's going on' - Winston Peters

Mr Peters said as the dollars dried up for dairy farmers, the national economy would take a dive.

Iran has 'huge potential' - Fonterra boss

Fonterra chief executive Theo Spierings says the lifting of sanctions against Iran could present opportunities for New Zealand dairy exports.

'Laughable' Kathmandu profit lands a low takeover offer from Briscoe

But shareholders have been advised to reject the $356 million offer, saying it undervalues the company.

'Black Friday' dawns for dairy farmers as Fonterra ponders price cut

The dairy co-operative's board meeting today follows a 9.3 per cent fall in the global dairy auction.

03:22

Dairy farmers dread Fonterra's payout news after another kick in the guts

Some farmers say they could be looking for another job after the latest slide in the global dairy auction.

Solid Energy is 'in a precarious position' - John Key

The state-owned coal mining company is crippled by debts of more than $300 million

Greek stock market bloodbath as exchange reopens

Greece's top companies lost billions in market value in a matter of minutes overnight.

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