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3 weeks ago | 
businessdesk.co.nz | Oliver Lewis |Peter Griffin |Ben Moore
By Ann-Marie AlcántaraApril Little’s rise to internet stardom began three years ago with a post about layoffs and recruitment services.People who lose their jobs in high-profile cuts, she wrote, often get showered with offers for help at the expense of millions of others who have been out of work for longer. “Do they need a big event or company tied to them to get recognition?” she asked.
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4 weeks ago | 
businessdesk.co.nz | Victoria Young |Greg Hurrell |Ian Llewellyn |Ben Moore
A senior lawyer who grabbed a junior colleague’s penis while drunk at a Christmas party and made multiple lewd comments has been described as “deplorable” by a tribunal.The man, who has interim name suppression, worked at one of the largest law firms in the country and was known for his somewhat outlandish behaviour.However, at two Christmas parties several years ago, he was drunk and took his jokes too far when he made comments about employees’ genitalia and sex lives and touched staff...
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4 weeks ago | 
businessdesk.co.nz | Greg Hurrell |Ian Llewellyn |Ben Moore |Maria Slade
Supporters of the Gene Technology Bill are urging the Government to take more care around contamination risks and aligning rules with New Zealand’s markets.The bill passed its first reading in Parliament in December and is now before the health select committee, which is considering public submissions.The Government’s position is that updated rules on genetic technology will drive more progress in healthcare, lift agricultural productivity and increase exports.No application for an...
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4 weeks ago | 
businessdesk.co.nz | Oliver Lewis |Peter Griffin |Ben Moore |Greg Hurrell
A Christchurch cleantech startup that has developed a carbon-free way of processing critical minerals from a common rock type has launched its pilot plant.Aspiring Materials was founded in 2019 by Dr Chris Oze and Dr Allan Scott, a geologist and a civil engineer who previously worked together to develop building materials able to be produced from the scarce resources available on Mars.
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4 weeks ago | 
businessdesk.co.nz | Peter Griffin |Ben Moore |Greg Hurrell |Brian Robins
The Government is busy pushing its growth agenda, but what’s the best way to pursue sustainable growth that produces higher-value jobs and more export earnings? A new report by Boston Consulting Group (BCG) says it involves taking a more strategic approach to New Zealand’s economic future. The report identifies five key ecosystems that could drive the nation's growth and global standing by 2050. According to the report, NZ's economic performance has declined relative to our peers.
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4 weeks ago | 
businessdesk.co.nz | Ben Moore |Gregor Thompson |Maria Slade |Oliver Lewis
Digital sports and racing betting applications are unearthing the darker side of the global trend towards digitalisation.The business benefits of cloud-based applications are being realised in the rapidly changing gambling industry, but many of those benefits also come with significant risks for users.This balance of benefits and harms will be front of mind for the Government as it looks to establish a regulated monopoly for online sports and racing betting.The keys to the kingdom will likely...
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1 month ago | 
businessdesk.co.nz | Pattrick Smellie |Scott Chipolina |Ben Moore |Gregor Thompson
Out of the blue, two Wellington-based, Christchurch-born brothers are said to have bought the Breakers basketball franchise.Leon Grice and his younger brother, Stephen, are well known in political and business circles, have deep connections to serious American money and have a track record of adventurous entrepreneurial dabbling, assisted by an unusual mix of skills and a deep fraternal bond.Leon’s affably confident strut and square-jawed crooner looks have been a fixture in the nexus between...
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1 month ago | 
businessdesk.co.nz | Peter Griffin |Ben Moore |Rebecca Howard
By Rebecca Feng in Hong Kong and Raffaele Huang in SingaporeThe founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors he wants to keep the science-project ethos that brought him global renown.Overwhelmed by millions of users, DeepSeek’s chatbot has frequent service hiccups, and authorities around the world are restricting its use because of data-security concerns.
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1 month ago | 
businessdesk.co.nz | Peter Griffin |Ben Moore |Rebecca Howard
New Zealand's economic woes are complicated and multifaceted, but business guru Andy Hamilton has 26 ideas for improving them. He admits that some of them, like becoming part of Australia, are a bit dumb – but others could have a lot of potential. Hamilton also discusses what it was like going through the We Are Indigo and Manaaki v Callaghan Innovation stoush and what he took away from the experience.
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1 month ago | 
businessdesk.co.nz | Rebecca Howard |Riley Kennedy |Jamie Gray |Ben Moore
New Zealand’s shares will likely fall on the open as Wall Street tumbled on recession fears, but the decline may not be as steep. “Our market will be affected on open, but we are a more defensive market, so I wouldn’t expect to see the same share declines as what we’ve seen in the US,” Craigs Investment Partners investment adviser Peter McIntyre said.“But in saying that, the likelihood is we pull back today as risk gets taken off the table. It’s a risk-off day.” Across the Ditch, Austral...
