Sky Network Television won't pay a dividend for the first time since 2005 and has written down the value of the business by $670 million as it prepares to fight for content rights under new leadership.
The dairy product price index slipped at the Global Dairy Trade auction, moving lower for the sixth time in the past seven auctions, even as whole milk powder gained.
Sky Network TV have been given a boost as investors welcomed plans to extend its foray into online media and push for a bigger global audience by buying the platform RugbyPass.
Less than seven weeks out from the Rugby World Cup, Spark says it is offering Kiwis as many opportunities as possible to watch, including through 150 rural schools.
The Government plans to start policing emissions at the farm level from 2025 but has split with industry on how best to start bringing emissions down in the meantime.
Dairy product prices declined at the Global Dairy Trade auction, retreating for a third straight time, led by whole milk powder.
Rejecting the proposed merger between NZ news publishers NZME and Stuff was "not one of the most difficult decisions at all" for Mark Berry in his 10 years at the helm of the Commerce Commission.
McGrathNicol has been accused of mismanaging the South Canterbury Finance receivership by selling its assets too fast at fire-sale prices and charging outsized fees.
Dairy product prices inched higher at the Global Dairy Trade auction, rising for the 11th straight time, even as whole milk powder posted a third consecutive decline.
Mainzeal's liquidators want to double the amount of compensation the failed firm's directors - in particular chair Dame Jenny Shipley - were ordered to pay.
Dairy product prices rose at the Global Dairy Trade auction, increasing for the eighth consecutive time, as dry weather conditions are weighing on supply.
Fonterra has raised its forecast payout to farmers on rising Asian demand but has canned its interim dividend due to the increased cost.
Prime Minister Jacinda Ardern said New Zealand's economy remains "relatively strong" but warned that slowing global growth will have an impact.
Dairy product prices rose at the Global Dairy Trade auction, moving higher for the fifth consecutive time.
The Commerce Commission wants more transparency from Fonterra Cooperative Group, saying the dairy processor hasn't met its commitments to be more forthcoming.
Dairy product prices rose at the Global Dairy Trade auction, stemming a decline that began in May.
New Zealand's pension age is an "historical artefact" that should be reviewed because it risks transferring money from the working poor to the relatively rich.
Dairy product prices fell at the Global Dairy Trade auction, spurred by slides in butter and anhydrous milk fat that were the biggest in about two years.
ACC will refund more than 300,000 business customers $100 million plus accrued interest after overcharging them for 15 years.
Dairy product prices declined at the Global Dairy Trade auction as whole milk powder sustained its downward trend amid greater supply.