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28 Aug 2025

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Microsoft ups Xbox defenses
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Progressive offer to go to meeting
Progressive Enterprises and the union representing locked-out distribution workers appear close to nailing down an offer to take to members.Company representatives met the National Distribution Union last night and presented an...

NZ stocks : Softer Telecom helps NZ shares down
Weaker offshore markets and a softening in Telecom led to a soggy day on the sharemarket.Overseas markets were partly rattled by the military coup in Thailand, with the Dow Jones industrial index off slightly and the Australian...

Australian stocks: Shares steady, miners offset bid gains
Australian shares closed little changed on Monday, with a dip in mining shares offsetting gains in Hardman Resources Ltd. following a takeover bid and in other resource stocks on bid speculation.Australia's benchmark S&P/ASX 200...

Brian Fallow: Still fighting the same fire
We are in the worst-of-both-worlds stage of the economic cycle, with high inflation and feeble growth, and we seem to be stuck there.Inflation is running at 4 per cent and has been above 3 per cent for a year. The Reserve Bank...

Bloomsbury looks to TV to expand
LONDON - Bloomsbury is turning to the lucrative market of books that tie in with television series in its latest attempt to expand beyond Harry Potter , as the boy wizard nears his final adventure.The publisher will focus on...

Pak'N Save ditches mailers for big event
Cut-price supermarket chain Pak'N Save will continue to develop the "event-based" advertising that last year replaced its product-and-price mailers.Mark Baker, retail operations general manager of Foodstuffs, which owns Pak'N...

No flow-on for fuel price
Petrol prices have fallen 17 per cent in less than six weeks in response to a slide in world crude prices and the soaring kiwi dollar, although the cuts are not yet feeding through to the wider economy.Petrol and other fuel price...

Blog: Our house is a very very very run-down house
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Rolled truck and trailer roll blocking SH1
A truck which overturned on State Highway 1 near Meremere early today is still blocking most of the road.The truck and trailer rolled on the southern end of Hampton Downs Rd about 2am.A police spokeswoman said a north bound...

Currency: Thai unrest knocks kiwi off perch
The New Zealand dollar was knocked off its high perch by political turbulence in Thailand that saw all Asian currencies sold.From a level above US66.50c, the kiwi dropped during the next two hours to US65.80c before partly recovering...

Matt Shirtcliffe: Radio creates more interactive chances
Campaign: DB Breweries - Cheerleaders Agency: Saatchi and Saatchi Creative team: Mike O'Sullivan, Damon O'Leary and Basil Christensen Reviewer: Matt Shirtcliffe, Aim Proximity Auckland creative director.When I began...

McCain lays all its chips on the table
Frozen food giant McCain is to put "traffic light" labels on its British products as part of a $57 million campaign aimed at restoring its image amid concern about obesity levels.The privately owned Canadian group is the biggest...

Russian bear can squeeze the life out of foreign investors
Dancing with the Russian bear can be dangerous to your wealth. Nobody knows this better than Lord Browne of Madingley, chief executive of BP. He's already lost one fortune through the encounter.Once bitten, twice shy, you might...

Cullen picks record deficit to 'unwind slowly'
The record current account deficit is likely to narrow slowly as the currency declines and as demand for imports wanes, Finance Minister Michael Cullen says."The deficit should unwind slowly over the next few years, especially...