Articles

  • 3 days ago | nzherald.co.nz | Tom Raynel

    Alan Stewart, chairman of Hansells Masterton, at the Hansells factory. Photo / Lynda FeringaThe owner of Hansells Masterton believes that after its factory made a loss it was unable to make its loan repayments to Walter & Wild due to the “unsatisfactory pricing” of a production agreement with the company.

  • 3 days ago | nzherald.co.nz | Tom Raynel

    Turning waste into new materials is certainly not new, but for a duo in Christchurch, the opportunity to turn Harakeke fibre into a carbon-fibre alternative was too good to waste. Harakeke is commonly mistaken as related to flax. There has been renewed interest in the plant, for use in textiles, oils and cosmetics. For William Murrell (Ngāi Tahu) and Ben Scales, the co-founders of KiwiFibre, the plant has properties that make it the ideal material for a much more intense purpose.

  • 4 days ago | nzherald.co.nz | Tom Raynel

    Both in their mid-30s and busy working fulltime, Caresies co-founders Mark and Michelle wanted to find an easy, user-friendly, affordable and safe way to find nannies and babysitters. Mark Hudson, co-founder of Caresies, talks to Tom Raynel about his transition from accounting to childcare, and how his family’s experience paved the way to start the business.

  • 6 days ago | nzherald.co.nz | Tom Raynel

    Analysts describe The Warehouse as a "sunset" brand, set to slowly decline out of business. So what are the challenges it needs to address to turnaround? Photo / Jason OxenhamShares in The Warehouse are trading around their lowest levels since listing on the stock exchange. The company doesn’t have a permanent chief executive nearly a year after its last chief executive resigned and its revenue and profit margin is under pressure.

  • 1 week ago | businessdesk.co.nz | Tom Raynel |Riley Kennedy |Rebecca Stevenson

    The New Zealand sharemarket fell today as the reporting season ended, with the market now beholden to ongoing international impacts.The S&P/NZX 50 Index closed up 0.42% or 51.07 points, rising to 12,118.99, with 38 million shares changing hands to the value of $115.1m.The S&P/NZX20 index closed at 7,201.19, up 0.39%, while the S&P/NZX10 index closed at 1,831.27, up 0.27%.There were 78 gainers on the main board and 54 decliners.Tourism woesThe story of the day was with Tourism Holdings (THL),...

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