Latest Business Headlines

Olympus Corporation (TSE: 7733) today announced that it has entered into an agreement to acquire Veran Medical Technologies, Inc. ("VMT")(CEO: Jason Pesterfield), a leading provider of advanced medical devices specializing in interventional pulmonology, ... Read more...

NZ Yarn, a subsidiary of Carrfields Primary Wool (CP Wool), is joining forces with hemp processing company Hemp NZ to create a new natural fibres and materials business: New Zealand Natural Fibres (NZNF). Craig Carr, Chairman of NZNF, says the new company, ... Read more...

Virgin Galactic today unveiled the spacesuits its pilots will wear as they fly private astronauts on life changing journeys to space. Designed in collaboration with the company’s Technical Spacewear Partner, Under Armour, the Virgin Galactic Pilot ... Read more...

COVID-19 had a starring role in the Institute of Directors’ (IoD) and ASB’s 2020 Director Sentiment Survey, with reverberations from the global pandemic still being felt at both a strategic and operational level. Although, not always in a bad ... Read more...

Summary As the turbulent year inches towards the end, market participants are glued to the much-awaited Santa Claus rally. Investors should retain a hawk-eye view and effectively manage the risks to capitalise on the Christmas rally. Market players ... Read more...

LPF Group, New Zealand’s largest litigation funder welcomes the consultation paper released today by Te Aka Matua o te Ture | the Law Commission which will assist in the development of a proposed regulatory framework for litigation funding and class ... Read more...

Queenstown’s property market was one of the worst hit by Covid-19, but has proved remarkably resilient, with confidence growing again and big infrastructure spending in the pipeline, a Colliers International report finds The fundamental driver of ... Read more...

The Maritime Union wants managers and board chairs held individually accountable for workplace deaths. Maritime Union National Secretary Craig Harrison says tougher penalties were needed following the sentencing of Ports of Auckland Limited (POAL) ... Read more...

Failure to ensure simple safety measures, such as machine guarding and supervision are in place, has left a worker with severe injuries after his arm got caught in a machine used to shred tyres Waste Management NZ Limited specialises in waste and ... Read more...

New Zealand’s building and construction industry can lift its poor productivity by establishing a digital database on building products, a BRANZ funded report from GS1 New Zealand finds This opportunity is explored in “Digital Product Data for ... Read more...