The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest rates later than previously expected.Over the weekend, the kiwi touched a post-float…
Mansons cancels Spark building sale to Shanghai Pengxin
Auckland property developer and investor Mansons TCLM has cancelled the sale of one of its big Spark buildings to Chinese buyer Shanghai Pengxin.Mansons has now put the block back up for sale, asking $72.88 million.Culum Manson…
Air NZ says Akl-Wgtn next Night Rider towns
Air New Zealand says it will put on ‘Night Rider’ flights between Auckland and Wellington next month.From Friday April 17 to Thursday May 14 the airline will offer its late night service with every seat on an A320 aircraft sold…
GCSB spies monitored diplomats in line for World Trade Organisation job
Our spies monitored email and internet traffic about international diplomats vying for the job of director-general of the World Trade Organisation – a job for which National Government Trade Minister Tim Groser was competing.The…
Get Sorted: $375 on my mind
For some reason my seven and nine-year-old boys seem to be suffering from a fit of precision. They can’t stand me rounding numbers. If I say, “It’s 8 o’clock,” they’re quick to respond, “No, it’s really 7.53pm”. Or if I point out…
Len Brown loses support on Auckland port expansion
A majority of Auckland councillors are now opposed or want a rethink on port expansion.The majority was achieved this afternoon when councillor Denise Krum joined councillors Cameron Brewer and Sharon Stewart in calling for the…
Chocolatiers prepare for Easter rush
Chocolate makers large and small across the country are preparing for their busiest time of year – the Easter rush. Schoc chocolate director Murray Langham said they sold and extra 50
Apple leap into 'skinny bundles' threatens 500-channel world
After years of complaining about having to pay for obscure TV channels they never watch, American consumers might finally be getting their way.The industry buzzword is “skinny bundles,” or Web services from providers such as Dish…
Military demand to grow amid Asia tensions – Airbus
Airbus Group expects to see growing demand for military aircraft in Asia amid simmering tensions in the South China Sea and other areas.The Asian market for defence and space-related business could grow to about $50 billion a year…
Life after loopholes leaves Luxembourg scrambling to preserve tax-haven status
Luxembourg’s status as a fortress of wealth in the heart of Europe is in peril.The country transformed itself from a rural economy into the European Union’s richest in less than a century by swapping fields and steel mills for hedge…