Business

Tim Cook to step down as Apple CEO, insider named successor

Apple CEO Tim Cook is stepping down from the role, becoming executive chairman after overseeing...

Tim Cook to step down as Apple CEO, insider named successor

Apple has named insider John Ternus as its next CEO, tapping the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by AI.

Fuel stocks: Petrol, diesel fall slightly, jet fuel rises

In New Zealand petrol prices are already climbing rapidly, with forecasts that they could push...

Fuel stocks: Petrol, diesel fall slightly, jet fuel rises

Petrol and diesel stocks have decreased slightly, while jet fuel stocks have risen, according to the latest fuel stocks update.

Banks to help amid fuel crisis, but no interest loans off table

The Government has extended its debt hibernation scheme until October next year.

Banks to help amid fuel crisis, but no interest loans off table

New Zealand's banks say they are standing by to help customers who are affected by the fuel crisis.

O'Donnell's complicated tenure on KiwiRail board

Scott O'Donnell (left) during the Invercargill CBD rebuild in 2021. Photo: Laura Smith

'Frankly unmanageable': O'Donnell's complicated tenure on KiwiRail board

Scott O'Donnell would have been paid tens of thousands of dollars to be on KiwiRail's board. But he missed large chunks of its meetings and quit after only eight months.

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Topped-up lakes have generator smiling

Meridian spilled from both its Waitaki (pictured) and Waiau schemes throughout December and...

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Topped-up lakes have generator smiling

Hydro lakes are full and one of the country’s main generators says there is a sign that prices will get more affordable as a pipeline of massive investment in renewable projects comes online.

Obligation to be constructive in consultation reinforced

Striking Dunedin firefighters wave flags and banners to the Ravensbourne Volunteer Fire Brigade...

Obligation to be constructive in consultation reinforced

While there has been significant media coverage of ongoing industrial action by firefighters over pay offers, it seems there is more to this.

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Praise for outgoing chairman as he takes on HNZ

Outgoing MTF Finance chairman Mark Darrow (left) and acting chairman Noel Johnston catch up in...

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Praise for outgoing chairman as he takes on HNZ

Mark Darrow has been on many boards but he describes his six-year tenure as chairman of MTF Finance as a career highlight.

Trucking Association warns worst is yet to come for consumers

Universal road user charges are proposed to start in 2027. Photo: RNZ

Trucking Association warns worst is yet to come for consumers

NZ Trucking Association chief executive Dave Boyce warns the real cost of the current fuel shortage has not hit consumers yet, as the industry considers ways to reduce the impact on operators.

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Bike shops under the pump

Off The Chain Cycles technician Richard Wild inspects a bike wheel as demand for maintenance...

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Bike shops under the pump

Dunedin cycle mechanics are struggling to keep up with demand for repairs as people dust off their old bikes in the face of pressure at the pump.

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Family business opportunity ‘too good’ to pass up

Alexis Belton holds a string of invasive Undaria seaweed harvested from the Wellers rock sea wall...

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Family business opportunity ‘too good’ to pass up

For decades, Dunedin entrepreneur Roger Belton’s name was synonymous with Southern Clams. Now a new Belton is at the helm of the shellfish company, as business editor Sally Rae reports.

Fuel sees biggest price jump since data began

Fuel sees biggest price jump since data began

The immediate impact of the Middle East conflict has been measured in a sharp surge in fuel prices, while consumer spending has been softer.

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New partner planning to stay in city ‘long-term’

James Cowan has no regrets about returning to his hometown of Dunedin eight years ago. PHOTO:...

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New partner planning to stay in city ‘long-term’

James Cowan was a pupil at Kaikorai Valley College when he decided he wanted to be a lawyer.

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HR solid foundation for career

Employment lawyer Gerrad Brimble enjoys helping clients resolve issues. PHOTO: STEPHEN JAQUIERY

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HR solid foundation for career

Nearly a decade spent working in human resources provided Gerrad Brimble with very useful practical experience for his work as an employment lawyer.

Shoe firm Allbirds switches to AI

AllBirds co-founders Tim Brown (left) and Joey Zwillinger. Photo: Supplied

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.

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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

Kiwibank and Westpac say that their internet banking services are back up and running.

Cafes traded while insolvent: liquidator

Wishbone founders Andrea Gibson Scarlett and her husband Shayne Scarlett. Photo: Supplied

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

A rare picture of the late Masatomo Ashikaga, also known as Tom Tanaka, who ran his East Wind...

$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

Former Black Cap and Otago cricketer Neil Broom is moving into the housing business. PHOTO:...

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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.

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