Business News New Zealand

  • A Huawei Technologies Co. Mate20 smartphone sits on display at the company's mobile phone plant in Dongguan, China, on Tuesday, Jan. 15, 2019.

    China's Huawei Technologies said on Thursday its consumer business sales exceeded a record $52 billion in 2018, on strong demand for its premium smartphones, even as it continued to face heightened global scrutiny of its activities.

  • BEIJING/ HONG KONG, Jan 24- China's Huawei Technologies Co Ltd said on Thursday its consumer business sales exceeded a record $52 billion in 2018, on strong demand for its premium smartphones, even as it continued to face heightened global scrutiny of its activities. Huawei, the world's biggest producer of telecommunications equipment, has been facing intense...

  • DAVOS, Switzerland, Jan 23- New Zealand's prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed treatment after the small U.S. ally blocked the sale of some Huawei equipment citing national security concerns. Huawei has always denied that Beijing has any influence over it, but last November the New Zealand...

  • LONDON, Jan 23- British trade minister Liam Fox will use a two-day trip to the World Economic Forum in Davos to meet ministers from around the world to discuss rolling over existing EU trade agreements after Britain leaves the bloc. With little time left until the United Kingdom is due to leave the European Union on March 29, there is no agreement in London on how and...

  • Jacinda Ardern, New Zealand's prime minster, speaks during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019.

    "You don't have to cede power by acting on climate change," New Zealand's Prime Minister Jacinda Ardern tells her fellow leaders at the World Economic Forum in Davos.

  • LONDON, Jan 23- British trade minister Liam Fox will use a two-day trip to the World Economic Forum in Davos to meet trade ministers from around the world to discuss rolling over existing EU trade agreements after Britain leaves the bloc, his office said. With little time left until the United Kingdom is due to leave the European Union on March 29, there is no...

  • after UK Leaves EU- PM May's Spokesperson@. *UK PM HELD BILATERAL TALKS WITH PM OF NEW ZEALAND, JACINDA ARDERN, TODAY OVER LUNCH IN DOWNING STREET- PM MAY'S SPOKESPERSON. *UK PM AND PM OF NEW ZEALAND REAFFIRMED THEIR SHARED DESIRE TO FORGE HIGH QUALITY FREE TRADE AGREEMENT AFTER UK LEAVES EU- PM MAY'S SPOKESPERSON.

  • UK PM AND PM OF NEW ZEALAND REAFFIRMED THEIR SHARED DESIRE TO FORGE HIGH QUALITY FREE TRADE AGREEMENT AFTER UK LEAVES EU- PM MAY'S SPOKESPERSON.

  • UK PM HELD BILATERAL TALKS WITH PM OF NEW ZEALAND, JACINDA ARDERN, TODAY OVER LUNCH IN DOWNING STREET- PM MAY'S SPOKESPERSON.

  • *Peter Plumb leaves after setting new strategy. LONDON, Jan 21- Just Eat Chief Executive Peter Plumb is stepping down with immediate effect, only 16 months after he joined the British takeaway ordering website and launched an investment drive that slowed earnings growth. Plumb, who joined from MoneySavingExpert.Com on a base salary of 695,000 pounds, upgraded...

  • LONDON, Jan 21- New Zealand's Prime Minister Jacinda Ardern said on Monday she was concerned about the prospect of Britain leaving the European Union without a withdrawal deal. "It would impact on just about everybody, business... particularly the smaller businesses," Ardern, who is in London to meet Theresa May, told BBC TV. Britain is one of New Zealand's biggest...

  • LONDON, Jan 17- The euro huddled at a two-week low against the dollar on Thursday as weak euro zone data pulled the single currency below a key market level, while the pound stabilized as British policymakers seek consensus on how to exit the European Union. "Euro zone data has been quite disappointing and that is prompting the euro to underperform the struggling...

  • LONDON, Jan 17- The New Zealand dollar moved the most among major currencies on Thursday, falling to a week's low on renewed fears over global growth, while sterling dipped as the British government struggled to find consensus over how to exit the European Union. A quiet trading session in Asia grew livelier in the Europe, with the dollar hitting the day's high of...

  • Jan 16- John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said. The cause of death was cancer, said Bogle's assistant Michael Nolan. Bogle's life in many ways was the opposite of his great fund...

  • CAPE CANAVERAL, Fla., Jan 16- Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida's Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday. Companies like Firefly, billionaire British entrepreneur Richard Branson's Virgin Orbit, and...

  • Prince William, Duke of Cambridge and Catherine, Duchess of Cambridge attend the 2018 Commonwealth Day service at Westminster Abbey on March 12, 2018 in London, England.

    Thousands of business, political and cultural leaders from all over the world will return to the snowy mountains of Davos, Switzerland next week to discuss the latest global issues.

  • Jan 15- China has asked some of the state-run companies to avoid business trips to the United States and its allies, and to take extra care to protect their devices if they need to travel, Bloomberg reported on Tuesday. China's travel advice also included warning on travelling to the other countries in the Five Eyes intelligence-sharing pact- Britain, Canada,...

  • *MSCI ex- Japan mostly flat, Tokyo on public holiday. MSCI's broadest index of Asia-Pacific shares outside Japan was barely changed at 490.97 points after climbing to the highest since early December on Friday. Liquidity was expected to be light during Asian hours as Japan was on public holiday.

  • By Joanna Plucinska, Karol Witenberg and Jack Stubbs. WARSAW/ LONDON, Jan 11- Poland has arrested a Chinese employee of Huawei and a former Polish security official on spying allegations, officials and sources told Reuters on Friday, a move that could fuel Western security concerns about the telecoms equipment maker. Huawei, the worlds biggest producer of...

  • People walk past the Myer Christmas window display as they do their  shopping on December 20, 2012 in Melbourne, Australia.

    Retail sales in Australia jumped to the highest in five months in November boosted by pre-Christmas shopping, an indication private consumption bounced in the final quarter of 2018.