News aggregator

Asia stocks rise in abbreviated trading

Business New from NZ Herald - 2 hours 1 min ago
BEIJING (AP) Asian stocks were mostly higher in trading muted by Good Friday observance.Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. Oil trading also was suspended.Among the markets that...
Categories: NZ Herald Business

US: Forfeiture deal over Iran assets sets record

Business New from NZ Herald - 7 hours 46 min ago
NEW YORK (AP) A federal judge has approved plans to sell a 36-story Manhattan office building and other properties owned by Iran nationwide in what will be the largest terrorism-related forfeiture ever, a prosecutor said Thursday.U.S....
Categories: NZ Herald Business

China says one-fifth of its farmland is polluted

Business New from NZ Herald - 8 hours 41 min ago
BEIJING (AP) Faced with growing public anger about a poisonous environment, Chinas government released a yearslong study that shows nearly one-fifth of the countrys farmland is contaminated with toxic metals, a stunning indictment...
Categories: NZ Herald Business

Apartheid abuse cases against Ford, IBM go ahead

Business New from NZ Herald - 10 hours 31 min ago
NEW YORK (AP) A federal judge on Thursday declined to toss out decade-old lawsuits that accuse IBM Corp. and Ford Motor Co. of supporting apartheid by letting their subsidiaries sell computers and cars to the South African government.The...
Categories: NZ Herald Business

4th US Navy official charged in bribery scheme

Business New from NZ Herald - 10 hours 46 min ago
SAN DIEGO (AP) A fourth member of the U.S. Navy has been charged with conspiracy to commit bribery in a multimillion-dollar scheme involving a Singapore-based defense contractor accused of providing cash, vacations, electronics and...
Categories: NZ Herald Business

Record labels sue Pandora over older songs

Business New from NZ Herald - 11 hours 21 min ago
NEW YORK (AP) Major record labels are suing Internet radio giant Pandora for copyright infringement for using songs recorded before 1972 without paying license fees.The labels, including divisions of Sony, Warner and Universal,...
Categories: NZ Herald Business

Boston doctors can now prescribe a bike

Business New from NZ Herald - 14 hours 15 min ago
The City of Boston this week is rolling out a new programme thats whimsically known as Prescribe-a-Bike. Part medicine, part welfare, the initiative allows doctors at Boston Medical Centre to write prescriptions for low-income...
Categories: NZ Herald Business

How to build trust at work

Business New from NZ Herald - 14 hours 15 min ago
Go into many organisations and you might hear people say things like I dont trust my co-workers to do what they say they will, My boss cant be trusted to keep confidential information or This place really lacks trust among...
Categories: NZ Herald Business

Billionaire fights hotel price-gouging

Business New from NZ Herald - 14 hours 16 min ago
The Wall Street Journal reported this week that Berkshire Hathaway is advising attendees of its annual shareholder meeting to avoid the exorbitant rates hotels charge that weekend by seeking alternative lodging through a href=h...
Categories: NZ Herald Business

GM 1Q global sales up 2 pct to 2.42M

Business New from NZ Herald - 15 hours 41 min ago
DETROIT (AP) General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.The Detroit automaker says its sales grew 2 percent worldwide...
Categories: NZ Herald Business

Coffee surges on renewed concern about crop

Business New from NZ Herald - 15 hours 51 min ago
The price of coffee surged on Thursday on renewed concerns about the outlook for Brazils crop.Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound.The price of coffee beans has risen about 85 percent...
Categories: NZ Herald Business

Coffee surges on renewed concern about crop

Business New from NZ Herald - 15 hours 51 min ago
NEW YORK (AP) The price of coffee surged on Thursday on renewed concerns about the outlook for Brazils crop.Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound.The price of coffee beans has risen...
Categories: NZ Herald Business

Ex BP-employee settles US insider-trading charges

Business New from NZ Herald - 17 hours 31 min ago
WASHINGTON (AP) A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally...
Categories: NZ Herald Business

Facebook rolls out location-sharing feature

Business New from NZ Herald - 18 hours 1 min ago
NEW YORK (AP) Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday.Called Nearby Friends, the optional tool will only be available...
Categories: NZ Herald Business

Weibo shares jump in market debut

Business New from NZ Herald - 18 hours 21 min ago
Chinese social media company Weibo Corp.s shares soared in their U.S. market debut Thursday.Weibo was launched four years ago by Chinese online media company Sina Corp. Weibo provides a Twitter-like service that allows users to...
Categories: NZ Herald Business

Wal-Mart jumps into the money transfer biz, loudly

Business New from NZ Herald - 18 hours 21 min ago
NEW YORK (AP) Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.The worlds largest retailer introduced a new money transfer service Thursday that it says will cut fees...
Categories: NZ Herald Business

Taxi app Uber faces ban in Berlin

Business New from NZ Herald - 18 hours 51 min ago
BERLIN (AP) Ride-hailing app Uber could face a ban in the German capital after the head of the Berlin Taxi Association convinced a local court that the companys service breaks the law.Berlins regional court last week ruled that...
Categories: NZ Herald Business

Bailed-out Cyprus to test bond market in June

Business New from NZ Herald - 18 hours 51 min ago
NICOSIA, Cyprus (AP) Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence.Investor interest...
Categories: NZ Herald Business

PlayStation partners with Kiwi design school

Business New from NZ Herald - 19 hours 51 sec ago
The countrys thriving gaming industry has been given another boost with the makers of the popular PlayStation console this week announcing a partnership that gives Kiwi students the chance to develop their own games on Sonys platform.The...
Categories: NZ Herald Business

Salmon farm decision protects outstanding landscapes

Business New from NZ Herald - 19 hours 52 sec ago
The Supreme Court has upheld resource consents for three salmon farms to be developed in the Marlborough Sounds by the King Salmon company, but in an important win for the protection of outstanding landscapes, it has ruled against...
Categories: NZ Herald Business
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