Auckland’s newest supermarket has opened today, filling a spot once occupied by the city’s most notorious vacant section. Nikki Kaye, Auckland Central MP and a Cabinet minister, praised Countdown for showing social responsibility…
Sky Go's staying despite glitches, says boss
Sky Television won’t abandon its online streaming service despite the high profile problems during Tuesday’s NBA match between Steven Adams’ Oklahoma Thunder and the Golden State Warriors.Company chief John Fellet told Newstalk…
Inside flight attendants' hidden sleeping quarters
Long-haul journeys can be exhausting for hardworking flight attendants as well as passengers, but where do crew go to unwind and escape demanding flyers? Many Boeing 777 and 787 planes feature a secret staircase that leads to a…
NZ Super Fund sells down stake in Z Energy
The New Zealand Superannuation fund has reduced its stake in Z Energy to 1.5 per cent from around 10 per cent, saying its original investment goals had been successfully achieved.The super fund said had sold 36.4 million shares…
KiwiSaver retirees are hoarding their cash
More than half of over 65 year olds in KiwiSaver are leaving it there – debunking theories that once we can get out hands on the money we will spend it up large.Data provided by a number of KiwiSaver providers to the Commission…
Property values up just a notch in Auckland, listings down
The value of the average New Zealand property increased by 3.9 per cent in the past three months to $577,829, according to Quotable Value.While the average value of an Auckland property rose to $955,793 in the past quarter, the…
2degrees posts profit loss despite expansion
Telco business 2degrees has posted a narrower loss for the 2015 year in a period that saw the business expand to a full service provider after it acquired Snap and invested heavily in network expansion.The privately owned company…
NZ Merino inks 5-year, $45M contract with Italy's Reda
The New Zealand Merino Company, which markets the nation’s wool to customers on behalf of suppliers, has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda, its longest-ever…
Facebook chats live with International Space Station
Facebook is gearing up to host a live chat with the International Space Station, chief executive Mark Zuckerberg has announced.The live chat, which will be held with the astronauts on from Facebook HQ, will begin at 4.55pm NZT Thursday,…
Australia to sell bitcoins confiscated as proceeds of crime
CANBERRA, Australia (AP) ” An official says about $13 million in bitcoins will be auctioned in Sydney in June after Australian police confiscated the digital currency as proceeds of crime.Ernst & Young transaction partner Adam Nikitins…