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Voxy.co.nz - Business

Please strictly respect the 2 metre rule with 2020-03-26 23:42:59As an essential service for New Zealanders, NZ Post’s first priority during the level 4 lockdown is the health, safety, support and wellbeing of

Non-profit institutions spend more on paying employees - 2020-03-26 23:36:01Salaries and wages (known as compensation of employees) paid by non-profit institutions (NPIs) are increasing faster than the value of the volunteer l

Support for working Kiwis from government welcomed - 2020-03-26 23:02:45The Council of Trade Unions is welcoming today's announcement from the Minister of Finance to further support working Kiwis. "Maintaining working Ki

New Zealand air traffic controllers volunteer to defer 2020-03-26 22:41:43Airways New Zealand has accepted an offer from its air traffic controllers to defer a planned pay increase in response to the COVID-19 outbreak and it

'Stokes Valley entry-level investment retail plus surplus land 2020-03-26 21:52:29A strip of four retail premises collectively known as Valley Entrance Shops in the Lower Hutt suburb of Stokes Valley, have been placed on the market

Chorus network broadband traffic update 2020-03-26 21:29:31The peak traffic at midday today on the Chorus network reached 2.05Tbps, up slightly on yesterday (at 1.99Tbps) but still comfortably within available

Westpac NZ provides six-month repayment deferrals 2020-03-26 21:21:06Westpac NZ customers affected by Covid-19 can now apply for a six-month deferral on principal and interest repayments on home loans and personal loans

Federated Farmers thanks government for Mycoplasma bovis tax 2020-03-26 20:50:37The Government’s decision to make a legislative change to minimise the tax implications for farmers impacted by Mycoplasma bovis is great news a

Doing the Neighbourly thing the first 24 hours 2020-03-26 20:31:20If there is to be a silver lining to the Covid-19 crisis, it is the return of connected communities, and the Kiwi way of helping one another.

COVID-19: Northpower prioritises public safety 2020-03-26 19:44:25Northpower has delayed all non-essential maintenance on its electricity network in Kaipara and Whangarei.

Banks offer six month mortgage repayment deferrals 2020-03-26 19:30:45New Zealand’s retail banks are offering to defer repayments for all residential mortgages for up to six months for customers financially affecte

Three in a row - CMC Markets 2020-03-26 18:38:03By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Reuters: Business News

Governments, central banks must boost efforts to help New! 2020-03-29 09:16:30Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis, the head of the Bank

Chanel turns its workshops to making face masks New! 2020-03-29 09:05:17Luxury fashion group Chanel said on Sunday it would launch production of face masks to help bolster supplies in France, as the coronavirus sweeps acro

Worry, problems and strife: Investors fear markets not New! 2020-03-29 07:29:44After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus spreads and

Exclusive: Qatar Airways says it will need state New! 2020-03-29 06:59:57Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning that the Middle East car

Mexico's President says will comply with public vote 2020-03-28 21:27:14Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S

Clothing rental service Rent the Runway lays off 2020-03-28 21:21:21U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing corona

Pence says virus taskforce soon to deliver recommendation 2020-03-28 21:06:44Vice President Mike Pence, heading the Trump administration's response to the coronavirus outbreak, said on Saturday that he would deliver a recommen

Airbnb hosts to provide free rooms for British 2020-03-28 20:56:30Airbnb hosts will provide free rooms for workers in Britain's National Health Service (NHS) to support their work during the coronavirus outbreak, th

UK broadband providers lift data caps during coronavirus 2020-03-28 20:36:04Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated

Ackman says Pershing Square no longer has hedges 2020-03-28 18:46:59William Ackman's Pershing Square Capital Management no longer has hedges on its stock portfolio, but still has some cash to invest if equities declin

Exclusive: Amazon entices warehouse employees to grocery unit 2020-03-28 11:32:03Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker sh

As virus threatens, U.S. embraces big government, for 2020-03-28 08:44:19It may, as House Majority Leader and Maryland Democrat Steny Hoyer said on Friday, be out of love that the United States agreed to shut down much of i

Stuff.co.nz - Business

Tower sues EQC for $80 million for fixing New! 2020-03-29 17:57:32Tower says it's owed money for fixing Canterbury homes after earthquakes.

Coronavirus: Auckland gym owner says her anti-China comments New! 2020-03-29 17:53:51Councillor, Human Rights Commission "disappointed" over Auckland businesswoman's social media rant.

Supermarkets coming under scrutiny over coronavirus lockdown prices New! 2020-03-29 17:12:03Prime Minister Jacinda Ardern will address supermarket issues at 4pm.

NZX in early retreat after Wall Street dip New! 2020-03-29 17:06:29New Zealand shares have a negative start after a week of turmoil.

Smiths City, feeling coronavirus lockdown pain, gets extension New! 2020-03-29 16:46:41NZ homeware retailer Smiths City has secured support from its bank, but needs more help.

Coronavirus: PM Jacinda Ardern to reconsider 'essential businesses' New! 2020-03-29 16:29:41Ministers will meet on Monday to discuss whether more businesses should be open during the lockdown.

Air New Zealand's heartbreaking photo New! 2020-03-29 15:29:25The airline's jets are lined up in a row, with nothing to do.

Stranded tourists camp outside airports and lobby MPs New! 2020-03-29 12:00:00Stranded tourists camp outside airports and lobby MPs as the UK unveils a possible rescue mission.

Cashierless stores and online deliveries are the future New! 2020-03-29 12:00:00The coronavirus outbreak might change how you do your weekly shop, and Amazon is leading the charge.

Here's how you might be able to keep New! 2020-03-29 12:00:00Income a bit shaky? Here's how you can ensure you don't fall behind.

Coronavirus: Good public health is good economics New! 2020-03-29 12:00:00OPINION: Covid-19 was going to bring recession anyway. The only choice was whether to save lives.

Coronavirus: Auckland Council's $1 billion rainy day plan New! 2020-03-29 12:00:00Auckland Council doesn't know how hard its finances will be hit by coronavirus, but says "there's no cause for concern".

ABC News: Money

Southwest looks to avoid layoffs, Fitch sees US 2020-03-27 09:03:53American Airlines CEO Doug Parker says the company is eligible for about $12 billion of the $50 billion in grants and loans set aside for passenger ai

What you need to know today about the 2020-03-27 08:52:44America's coronavirus infections have surged to the most in the world, and has Italy shut down its industry

House plan on $2.2T virus relief bill hits 2020-03-27 08:50:03House leaders' plan for swift action on a $2.2 trillion package to ease the coronavirus pandemic's devastating toll on the U.S. economy and health c

Stock markets turn lower again as stimulus rally 2020-03-27 08:37:47Shares are down in European trading and expected to drop on Wall Street as investors weigh news of more virus infections against the economic stimulus

Virus changes menus, operations as restaurants struggle 2020-03-27 08:08:28With business sinking under coronavirus outbreak restrictions,the nation's restaurants are transforming operations and menus to try to stay afloat

Staying afloat: $2.2 trillion bill offers economic lifeline 2020-03-27 07:25:49The record $2.2 trillion emergency package that is nearing final approval in Congress is aimed at businesses and families facing a coronavirus cash cr

India's central bank cuts benchmark rate to decade-low 2020-03-27 01:42:33India’s central bank has cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing troubles caused by the coro

Are gun shops 'essential' businesses during a pandemic? 2020-03-27 01:28:33There's no consensus in the U.S. on whether gun shops are considered essential businesses that can remain open during stay-at-home orders meant to sl

Coronavirus deals one-two financial punch to state budgets 2020-03-27 01:03:03The coronavirus is pounding state governments with a financial one-two punch, costing them many millions to try to contain the disease just as busines

Congress locks Trump oversight into $2.2 trillion package 2020-03-27 00:40:15Congress is about to spend $2.2 trillion, but lawmakers intend to keep close watch on where it goes

Virus relief package could help Trump, Kushner businesses 2020-03-27 00:19:03Congress  is looking for ways to control who gets the financial aid moving toward passage

Asian shares advance after stimulus surge on Wall 2020-03-26 23:42:33Shares are mostly higher in Asia after stocks surged again on Wall Street with the approaching approval of a massive coronavirus relief bill by Congre

UN News Centre - Economic

‘Rapid deterioration’ in global investment flows as Coronavirus 2020-03-26 15:46:07Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, r

Debt relief milestone in Somalia, as World Bank, 2020-03-25 17:43:27The top United Nations official in Somalia congratulated the Horn of Africa nation on Wednesday for achieving the benchmark set by the World Bank and

‘Concerted efforts’ needed to meet 2030 Global Goals 2020-03-25 00:35:06Action to reverse the depletion and degradation of the environment across Asia and the Pacific is a top priority if the region is to stay on course to

Reaching ‘beyond the possible’ in Hawaii to meet 2020-03-23 00:00:05The people and government of the US state of Hawaii will reach “beyond the possible” to make the Sustainable Development Goals (SDGs) a re

‘Solidarity, hope’ and coordinated global response needed to 2020-03-19 14:41:27As public fear and uncertainty grow around the COVID-19 pandemic, “more than ever before, we need solidarity, hope and the political will to see

Swift policy action, strong leadership can save millions 2020-03-18 14:25:51As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the UN’s labour agency (ILO) on Thursday offere

Rising number of young people excluded from jobs, 2020-03-09 17:18:50The number of young people around the world who are neither employed, studying or in some kind of training, is on the rise, according to a new report

Coronavirus update: COVID-19 likely to cost economy $1 2020-03-09 16:43:24Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global eco

COVID-19: countries, businesses must safeguard human rights as virus spreads: 2020-03-06 14:47:29As the COVID-19 coronavirus continues to spread globally, the UN’s top human rights official appealed on Friday to put rights “front and c

Coronavirus COVID-19 wipes $50 billion off global exports 2020-03-04 12:47:29The extent of the damage to the global economy caused by novel coronavirus COVID-19 moved further into focus on Wednesday as UN economists announced a

New UN initiative to support financial systems that ‘work better 2020-03-02 12:25:13From developed to developing countries, no nation is immune from financial “gaps and vulnerabilities”, the President of the UN G

Scoop NZ - Business

Essential Services Safely Provided At Port Nelson New! 2020-03-29 00:00:00Under the State of Emergency declared by the government, Port Nelson is classed as an essential service and the port infrastructure is classed as crit

Budgeting Expert Says Vulnerable People Suffering From Countdown New! 2020-03-28 23:22:00Budgeting Expert Jennifer McIvor says anecdotal feedback from her followers overwhelmingly supports the fact that Countdown’s decision to remove

Home Support Workers May Refuse Unsafe Work If New! 2020-03-28 23:06:00Home support workers say they are scared to go to work because without adequate supplies of personal protective equipment they risk spreading Covid-19

Business Trust Marlborough Urges Business Owners To Seek New! 2020-03-28 22:37:00Business Trust Marlborough is urging local businesspeople to take up the Government’s offer of assistance. Business Trust Marlborough manager Br

COVID-19: Breaches Of Work Rights Will Be Logged 2020-03-28 19:58:00The Council of Trade Unions has today launched an online tool for working Kiwis to identify employers who aren’t doing the right thing during th

Summary Of Exemptions From The Takeovers Code To 2020-03-28 01:16:00On 26 March 2020, the Takeovers Panel announced that it had approved the granting of a suite of temporary class exemptions from the Takeovers Code tha

Business Must Pass On Full Wage Subsidies, Extra 2020-03-27 22:44:00The Wellington Chamber of Commerce and Business Central is echoing the Government’s call for employers to ensure they pass on the wage subsidies

Mitre 10 MEGA Pitches In To Help Out 2020-03-27 19:13:00Communal living in the Wellington Night Shelter has just been made safer for its regular residents who need to be in self-isolation – thanks to

BNZ Home Loan Deferments Applications Available Now 2020-03-27 18:23:00Bank of New Zealand (BNZ) has announced today it is ready to accept applications for home loan repayment deferment from its customers. The scheme, ann

EMA Applauds Extra Measures To Keep People In 2020-03-27 02:00:00The Employers and Manufacturers Association (EMA) says the extra measures to keep people in work will be a huge relief to businesses across New Zealan

NZ Post Asks All Kiwis To Please Strictly 2020-03-27 00:21:00As an essential service for New Zealanders, NZ Post’s first priority during the level 4 lockdown is the health, safety, support and wellbeing of

Advice On Tenants Moving Properties During COVID-19 Lockdown 2020-03-26 23:57:00“If parties must move in extreme circumstances, they must exercise extreme caution, follow Ministry of Health guidelines and follow the Alert Sy

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