New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:48
New Zealand first-quarter GDP shrinks 0.1%, country now in technical recession
WELLINGTON New Zealand's economy shrank in the last quarter as the central bank’s aggressive hiking of interest rates
2023-06-15 07:28
Target's move to pull some Pride merchandise is 'wrong', New York AG says
(Reuters) -Target's move to pull some LGBTQ-themed merchandise from stores following customer backlash "is wrong," New York Attorney General Letitia
2023-06-15 01:48
Will the Lakers keep or waive Mo Bamba before the June 29 deadline?
The Los Angeles Lakers have a big decision to make with Mo Bamba, betting on his potential or clearing cap space to pursue a more sure thing.Mo Bamba was recently seen working out at the Lakers training facility, ahead of the June 29 deadline for them to decide whether to guarantee his contract ...
2023-06-15 01:19
Dylan Mulvaney: Bud Light loses top spot in US after boycott
Some drinkers boycotted the brand after the firm partnered with transgender influencer Dylan Mulvaney.
2023-06-14 13:48
NZ's Auckland Airport revises dividend policy
New Zealand's Auckland International Airport (AIA) said on Wednesday it has revised its dividend policy and will now
2023-06-14 07:26
Navan zinc mine temporarily lays off 650 staff
Parent company Boliden says Tara zinc mine is "currently cash flow negative".
2023-06-14 05:49
HSBC to close New Zealand wealth and personal banking business
(Reuters) -HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on
2023-06-13 16:52
New Zealand's economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the
2023-06-13 09:48
Wall Street Journal: George Soros has handed control of his charitable and political activities to his son Alex
Billionaire George Soros, a leading philanthropist and contributor to liberal political causes, has tapped his 37-year old son Alexander Soros to lead his charitable foundation and political action committee, according to the Wall Street Journal.
2023-06-12 20:15
Exclusive-Russia's VTB may pull out of running for Yandex stake - CEO Kostin
MOSCOW Russian state-owned lender VTB may pull out of the running to acquire a stake in internet giant
2023-06-10 01:52
Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:25