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Business New Zealand

  • Australia's a2 milk discusses expansion into South Korea and beyond

    The retailers in South Korea are "very good" and dairy consumption in the country is very high, says Geoff Babidge of a2 Milk.

  • MONTREAL/ SINGAPORE, April 17- The world's airlines are backing the development of a United Nations- led global registry for drones, as a rise in near collisions by unmanned aircraft and commercial jets fuels safety concerns, an executive of their trade group said on Tuesday. The International Air Transport Association backs efforts by the United Nations'...

  • MONTREAL/ SINGAPORE, April 17- Concerned by a rise in near collisions by unmanned aircraft and commercial jets, the world's airlines back development of a United Nations- led global registry for drones, an executive of their trade group said on Tuesday. The International Air Transport Association backs efforts by the United Nations' aviation agency to develop...

  • SINGAPORE/ WELLINGTON, April 16- U.S. President Donald Trump said last week he would reconsider joining the landmark Trans-Pacific Partnership trade agreement, if it were a "substantially better" deal than the one offered to President Barack Obama. Here is a look at the state of play in the negotiations and the conditions needed to be in place for the United States...

  • Svartpilen 401 series, part of Husqvarna Motorcycle’s 2018 line of street bikes.

    The little-known Swedish brand Husqvarna Motorcycles releases three new street bikes. But you better get one quick. The new line, released this month, is already oversold in North America.

  • President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if it offered "substantially better" terms than those provided under previous negotiations. His comments, made on Twitter late Thursday, came only hours after he had unexpectedly indicated the...

  • President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if it offered "substantially better" terms than those provided under previous negotiations. His comments, made on Twitter late Thursday, came only hours after he had unexpectedly indicated the...

  • TOKYO— Japan, Australia and New Zealand reacted cautiously Friday after President Donald Trump signaled he might reopen talks on a Pacific Rim trade deal that he pulled the U.S. out of shortly after taking office. Japanese officials said they welcome the move if it means that Trump is recognizing the importance of the Trans-Pacific Partnership.

  • President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade pact his administration walked away from last year, if it offered "substantially better" terms than those provided under previous negotiations. His comments, made on Twitter late Thursday, came only hours after he had unexpectedly indicated the...

  • Offshore oil rig Norway North Sea

    The government said the surprise move is to help protect future generations from climate change.

  • WELLINGTON, New Zealand— Signaling its commitment to a clean energy future, New Zealand's government announced Thursday it won't issue any more permits for offshore oil and gas exploration. The move won't affect existing permits for exploration or extraction, meaning the industry is likely to continue in the South Pacific nation for several more decades.

  • A shipping container is moved with a crane before being loaded onto a ship docked at the Port of Oakland

    Shayne Elliott, the CEO of ANZ bank, discusses the U.S.-China trade tensions and Australia's Royal Commission inquiry into the banking sector.

  • There will be a 'fundamental need' to continue trade: ANZ CEO

    Shayne Elliott of ANZ explains why countries are likely to continue engaging in trade with each other.

  • WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. HONG KONG, China- Managing Director of the International Monetary Fund, Christine Lagarde delivers a speech in Hong Kong. BEIJING, China- Yi Gang, governor of the People's Bank of China, will speak at the annual Boao Forum- 0100 GMT.

  • NEW YORK, March 6- Citadel, one of the world's largest hedge fund managers, has cut staff by more than 30 percent in one of its stock-picking units in what several people with direct knowledge of the layoffs described as a surprise move. The departure of industry veteran Richard Schimel, who was wooed to Citadel by its founder Ken Griffin in 2016 after Schimel ran...

  • Traders look at stock prices on screen on Black Monday at the New York Stock Exchange when the Dow plunged 508 points, October 19, 1987.

    Veteran trader Art Cashin says this year's market volatility is reminiscent of the 1987 stock market crash.

  • *New Zealand carrier sold Virgin Australia stake in 2016. Under the alliance, the pair had coordinated their route network, flight schedules and pricing, but when the deal expires in October they will be free to pursue different strategies for the Australia- New Zealand sector, where more than 10 million seats are offered annually by airlines flying the route.

  • RBC Chief Currency Strategist Adam Cole speaks about investing in currency crosses, including in Scandinavia, Australia and New Zealand.

  • Trump holds up an executive order withdrawing the U.S. from the Trans-Pacific Partnership after signing it in the Oval Office of the White House in Washington, DC, January 23, 2017.

    The biggest trade deal in two decades was signed in March. What is the CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership? CNBC explains.

  • Wine

    China's imposition of tariffs of up to 25 percent for U.S. agriculture could be a big gain for Australia, particularly for wine and certain nuts and fruits.