Chris Keall

6 days ago | nzherald.co.nz | Chris Keall

Pivot from the tech bros: Allbirds' new pitchman is Stanley Tucci - the 64-year-old star of the Oscar-nominated Conclave. Allbirds is predicting a return to revenue growth in the final quarter of this year, subject to no more external shocks - and Vietnam, home to nearly all of its manufacturing, succeeding in keeping tariffs on its exports to the US at a 10% “pause” level. In the meantime, there’s more red ink.

6 days ago | nzherald.co.nz | Chris Keall

Nick Houldsworth (right) with his Prosaic cofounder, Rowan Oulton. Banks are being accused of stifling a new measure designed to boost competition and innovation by charging app providers to access their systems. From December 1 ANZ, ASB, BNZ and Westpac have agreed to introduce more support for “open banking” which would allow fintechs to connect to the banks. The fintechs can then use the banking data to provide personal app-based financial services to the public.

1 week ago | nzherald.co.nz | Chris Keall

Sir John Key at the Icehouse Ignite '25 Growth Summit in Auckland. Donald Trump said in mid-April “there is a chance” that revenue from tariffs could replace Federal income tax. Does the second-time US President truly see tariffs as a long-term mechanism? Or are they a negotiating ploy? If you want to get inside the President’s head, read his 1987 book The Art of the Deal – “or ask ChatGPT to summarise it for you”, Sir John Key told the Icehouse Ignite ‘25 Growth Summit in Auckland.

1 week ago | nzherald.co.nz | Chris Keall

On a first-quarter conference call, Tesla chief executive Elon Musk promised to spend more time on his car company and less in Washington DC. Photo / Getty ImagesTesla New Zealand’s revenue crashed to $149.5 million in 2024 from $373m in 2023. Net profit fell to $457,000 from the prior year’s $2.9m. The electric vehicle firm paid $1.0m in tax, marginally up from 2023’s $953,000.

1 week ago | nzherald.co.nz | Chris Keall

One expert says the RBNZ's report doesn't go far enough, another says it overplays the risks. Image / Getty CreativeAI has the potential to “significantly improve the productivity and efficiency of financial institutions” and contribute to better modelling but it could also make market crashes worse, increase insurance company profit-seeking and increase cyber-security, disinformation and fraud risks, according to a Reserve Bank report.