Peter Griffin

Oriental Bay, Wellington

Science and tech journalist, BusinessDesk, New Zealand Listener, https://t.co/Srpv6Czar9 editor, https://t.co/lBgYSvNexD https://t.co/GBa4070gb9

Articles

BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

MKTUPDTE Wed, Apr 16 2025 08:30 am Templeton Emerging Markets Investment Trust PLC ('TEMIT') On behalf of TEMIT, Franklin Templeton Investment Trust Management Limited reports the unaudited cum-income net asset value ('NAV') of TEMIT as at 14 April 2025 was £1858.784m, representing a NAV of 181.74 pence per share. The unaudited ex-income NAV of TEMIT as at 14 April 2025 was £1821.087m, representing a NAV of 178.06 pence per share.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

MKTUPDTE Wed, Apr 16 2025 08:31 am Air New Zealand has today provided a trading update on expected performance for the second half of the 2025 financial year, reflecting a substantial reduction in the compensation it anticipates receiving from engine manufacturers during the period, despite an increased number of grounded aircraft.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

MKTUPDTE Wed, Apr 16 2025 08:30 am Blackpearl Group Q4 FY25 Results AnnouncementIntroductionBlackpearl Group (BPG) today presents its results for the fourth quarter ending 31 March 2025. Key Highlights- Annual Recurring Revenue (ARR): Reached $12.5 million as of 31 March 2025, marking a 70% year-on-year increase and a 13% increase from Q3 FY25. - Subscription Revenue: Achieved $2.4 million, reflecting a 81% year-on-year increase and 11% increase from Q3 FY25.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

MKTUPDTE Wed, Apr 16 2025 08:30 am JANUS HENDERSON FUND MANAGEMENT UK LIMITEDHENDERSON FAR EAST INCOME LIMITEDLEGAL ENTITY IDENTIFIER: 2138008DIQREOD38O59615 April 2025Henderson Far East Income Limited (the ‘Company’)As at close of business on 14 April 2025, the unaudited net asset value per share, calculated in accordance with the AIC formula (including current financial year revenue items), was 196.3p.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

GENERAL Wed, Apr 16 2025 08:30 am SCALES INCREASES INVESTMENT IN SHELBY FOODS Scales Corporation Limited (NZX:SCL) today announced it has acquired a further 7.5% holding in subsidiary Shelby JV LLC (Shelby) for USD 24.4 million. Scales Corporation’s Managing Director, Andy Borland says “We are delighted to lift our investment in Shelby.
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Peter Griffin

MKTUPDTE Wed, Apr 16 2025 08:30 am Net Asset Value as at 14 April 2025 Net assets per ordinary share (prior charges at market value) - ex income 1,092.61 pence Net assets per ordinary share (prior charges at market value) - cum income 1,101.27 pence Net assets per ordinary share (prior charges at nominal value) - ex income 1,048.60 pence Net assets per ordinary share (prior charges at nominal value) - cum income 1,057.26 pence Announcement PDF Markets News Primary Sector Global dairy prices...
BusinessDesk | NZ Economic News & Commentary by Leading Kiwi Journalists

1 week ago | businessdesk.co.nz | Rebecca Howard |Peter Griffin

SECISSUE Wed, Apr 16 2025 09:04 am Section 1: Issuer information Name of issuer Kingfish Limited NZX ticker code KFL Class of financial product Ordinary shares ISIN (If unknown, check on NZX website) NZKFLE0001S0 Currency NZD Section 2: Capital change details Number issued/acquired/redeemed 15,000 Nominal value (if any) n/a Issue/Acquisition/redemption price per security $1.2200 Nature of the payment (for example, cash or other consideration) Cash Amount paid up (if not in full) $ n/a...
US antitrust cases against US tech giants

1 week ago | businessdesk.co.nz | Greg Hurrell |Peter Griffin

By Alex PigmanLaunched under both the Trump and Biden administrations, five major antitrust cases from the Federal Trade Commission and the US Department of Justice are proceeding against major American technology companies.These cases represent a significant shift in antitrust enforcement in the United States, with regulators taking a more aggressive approach toward big tech companies after a relatively quiet period in antitrust prosecution since the Microsoft case in the late 1990s.Google...
Elon Musk’s megadeal between X and xAI breaks Wall Street’s rulebook

3 weeks ago | businessdesk.co.nz | Peter Griffin

By Ben Glickman and Lauren Thomas Elon Musk struck what could be considered the biggest deal of the year, and he broke all the normal rules. Musk’s splashy merger of the social-media company X and his artificial-intelligence startup xAI values the combined company at over US$110 billion (NZ$193.1b). That would be a blockbuster deal on Wall Street. But this one is unorthodox, even by Musk’s standards, for a whole host of reasons.
China floods the world with AI models after DeepSeek’s success

3 weeks ago | businessdesk.co.nz | Oliver Lewis |Peter Griffin |Ben Moore |Greg Hurrell

By Saritha Rai and Yazhou Sun,with assistance from Claire Che, Luz Ding and Amy ThomsonSince DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of OpenAI and Google.