Shoe firm Allbirds switches to AI
A local tech commentator says Kiwi founded Allbirds' surprise pivot from making merino shoes to AI chips is not as crazy as it sounds.
Business
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ScottTech secures contracts for $50 million
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ScottTech secures contracts for $50 million
A Dunedin robotics and automation company doing business with global titans Boeing and Pepsi has secured nearly $50 million in new contracts over the past six weeks.
Banks back online after outages
Banks back online after outages
Kiwibank and Westpac say that their internet banking services are back up and running.
Cafes traded while insolvent: liquidator
Cafes traded while insolvent: liquidator
Failed national cafe chain Wishbone, which had a location at Dunedin Hospital, traded while insolvent, it has emerged.
Kiwibank warns against 'reckless' interest rate hikes
Kiwibank warns against 'reckless' interest rate hikes
The economist community appears to be split over the Reserve Bank's interest rate path, with one bank saying "reckless" rate hikes are unwarranted.
$43m Ponzi scheme exposed after businessman's death
$43m Ponzi scheme exposed after businessman's death
A former finance manager has been found guilty of multiple charges in relation to a collapsed $43 million Ponzi scheme which fleeced hundreds of investors.
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Former Black Cap Broom in new venture
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Former Black Cap Broom in new venture
Neil Broom is picking up another piece of wood but it is not a cricket bat.
Top exporters call for all parties to support FTA with India
Top exporters call for all parties to support FTA with India
Some of New Zealand's top exporters and business associations have signed an open letter calling on all political parties to back New Zealand's free trade agreement with India.
ANZ picks three OCR hikes this year
ANZ picks three OCR hikes this year
ANZ, New Zealand's biggest bank, says it now expects three official cash rate (OCR) increases this year - in July, September and October.
Allen appointed new Fonterra chief executive
Allen appointed new Fonterra chief executive
Richard Allen has been named as the new Fonterra chief executive officer, succeeding Miles Hurrell.
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Southland roofing firm hits proud milestone
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Southland roofing firm hits proud milestone
"It's going to be a long time before we get robots putting on a roof."
Farmlands acquires Donaghys Agriculture
Farmlands acquires Donaghys Agriculture
A business that started as a small rope-works factory in Dunedin in 1876 and grew into farming innovation and manufacturing has been bought by rural supply co-op Farmlands.
Ceasefire unlikely to bring relief to home loan interest rates
Ceasefire unlikely to bring relief to home loan interest rates
A ceasefire in Iran is unlikely to bring any relief for home loan borrowers.
Westport factory may be in line for closure
Westport factory may be in line for closure
Talley's is considering closing its Westport fish processing factory and has started consulting with staff.
OceanaGold to seek fast-track approval
OceanaGold to seek fast-track approval
Oceanagold is planning to apply for fast-track approval towards the end of the year to expand operations at its Macraes gold mine.
Minister open to 'modifying' fund for regional airlines during fuel crisis
Minister open to 'modifying' fund for regional airlines during fuel crisis
Associate Transport Minister James Meager hasn't ruled out tweaking the current regional infrastructure package to help struggling airlines through the current fuel crisis.
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Octagon bar fights liquidation over $430k tax bill
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Octagon bar fights liquidation over $430k tax bill
The company behind Octagon bar-restaurant CBK is facing liquidation but is hoping to come to an agreement to avoid the matter going to court.
KiwiSaver providers hope ceasefire will support investment markets
KiwiSaver providers hope ceasefire will support investment markets
KiwiSaver providers are hoping news of a ceasefire in the Iran conflict may give investment markets more support.
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Big interest in app for parasite management
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Big interest in app for parasite management
Waimate vet Ryan Luckman is not one to shy away from a challenge.
Record number of 'mum and dad' investors looking to sell properties
Record number of 'mum and dad' investors looking to sell properties
With the economy facing many weaknesses, including war in the Middle East, it is the mum-and-dad investors shouldering the impact.