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Wednesday, May 8, 2024

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Business

Wānaka New World stores defy Easter trading laws

Foodstuffs' New World supermarkets in Wānaka have sparked controversy by opting to keep their doors open throughout the Easter weekend, flouting trading regulations that...

Jan Cameron banned from leading companies for five years over share disclosure failures

Businesswoman Jan Cameron has been disqualified from leading any companies for five years following a conviction for failing to disclose millions of dollars worth...

Sanitarium to shelve cereals and cut 49 jobs

Leading breakfast food maker Sanitarium has announced a major shift in its product lineup, proposing to eliminate the production of muesli, granola, flake, clusters,...

Air NZ reports 39% drop in half-year profit

Air New Zealand has reported a 39% drop in half-year profit, falling from $213 million to $129 million compared to the same period last...

Parliament to vote on new protection against stalking, harassment of company directors

The Companies (Address Information) Amendment Bill, sponsored by Labour’s Deborah Russell, replicates the purpose of Trask’s own members’ bill, the Companies (Non-publication of Directors’...

10 tips for Kiwi businesses going into 2024

For any business to survive in the dynamic and ever-changing landscape of the corporate world, it must be adaptable. However, as we move forward into...

Alibaba co-founder Jack Ma steps further away from business

China’s fifth richest man will cede control of affiliated Ant Group, which owns the Alipay platform. Jack Ma, the billionaire co-founder of e-commerce giant Alibaba,...

McDonald’s faces job cuts – media

The fast-food giant is planning to let some of its staff go amid restaurant expansion, a memo to employees reportedly says. McDonald’s plans to cut...

New price display rules for supermarkets and grocery retailers

The Government is putting in place rules that will make it easier for consumers to compare the price of grocery products at the supermarket,...

Online retailer 1-Day fined $840k over misleading deals

Commission Commerce imposes hefty fine for website's misleading 'today only' deals. The 1-Day.co.nz website owned by The Warehouse Group now automatically redirects to themarket.com. The deception...

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