Airbus says it is trying to sell Air New Zealand its ultra-long range Airbus A350XWBs which would be capable of flying from Auckland to cities such as New York.At the launch of Cathay Pacific’s A350-900 aircraft in Hong Kong overnight,…
Ecoman Rands sells out of Ecostore
Ecostore founders and environmental ambassadors Malcolm and Melanie Rands have sold out of the business after 22 years to focus on other projects.The couple founded Ecostore in 1994 with the goal of making everyday products safer…
Building consents rise as housing intentions jump
New Zealand residential building consents climbed 6.6 percent in April as new housing intentions climbed at their fastest monthly pace in eight years. Seasonally adjusted consents rose to 2,390 in April from 2,242 a month earlier,…
Juha Saarinen: Lessons from the big bank SWIFT heist
Have you come across a banking cooperative called the Society for Worldwide Interbank Financial Telecommunication? No? Actually, you probably have, if your bank has sent or received money from overseas by means of the SWIFT network.That’s…
Inside the worlds's newest airliner
Cathay Pacific will tonight officially unveil its brand new Airbus A350 XWB – the world’s latest widebody aircraft and one which the airline will fly on the Hong Kong-Auckland route later this year.The new plane – which has a list…
Fonterra shoots down claims CEO Theo Spierings is quitting
Fonterra has denied claims in Australian media that chief executive Theo Spierings may be preparing to leave the dairy giant.”The speculation is completely untrue”, Fonterra spokesman G.J Thompson told the Herald .The Australian…
All Black legend Richie McCaw gets dirty, buys into quarry
All Blacks legend Richie McCaw is getting his hands dirty.Although he has dived into the helicopter business, joining Christchurch Helicopters as a director, shareholder and employee, in his latest venture he is taking a 10 per…
CEO-class private jets begging for buyers, crushing prices
The private jet Janine Iannarelli is selling for a Russian client has leather seats, wood paneling, a satellite phone and can fly nonstop from Tokyo to Los Angeles. The price has dropped US$3 million since September and is still falling.Iannarelli…
NYC 'trophy apartment' could list for $250 million
“Billionaires’ Row”.That’s what New York real estate experts have dubbed a lineup of a half-dozen new super luxury skyscrapers overlooking Central Park that are home to some of the world’s most expensive apartments.One penthouse…
New York City's storied Four Seasons restaurant relocating
NEW YORK (AP) ” A restaurant considered by many to be New York City’s original power lunch spot has found a new location.The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram…