New Zealand

New Zealand's Prime Minister Jacinda Ardern on Tuesday said Tesla Inc. (NASDAQ:TSLA) CEO and the new chief of Twitter Inc, Elon Musk, needs to "stick strongly to the principle of transparency." What Happened: Ardern, speaking at a national summit on countering terrorism and violent extremism, said...

The New Zealand government is looking to tax farmers for their cows' burps and farts as part of a plan to tackle climate change. What Happened: New Zealand Prime Minister Jacinda Ardern confirmed on Tuesday that her government will introduce a proposal to make farmers pay for their...

New Zealand Prime Minister Jacinda Ardern announced a joint research initiative on Wednesday under the Christchurch Call anti-online hate project with the United States, Twitter Inc. (NYSE: TWTR) and Microsoft Corporation (NASDAQ: MSFT). The anti-online hate project was launched in the wake of...

The Reserve Bank of New Zealand on Wednesday hiked its official cash rate (OCR) by 50 basis points for the fourth consecutive time to 3%. "It remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and contribute to maximum sustainable employment...

The Australian and New Zealand dollars pulled back from near two-month highs against the U.S. dollar, reacting to disappointing economic data from China, one of their major trading partners. Price Movement: New Zealand's kiwi fell to 1.5564 against the greenback, retreating from...

New Zealand has recently distinguished itself as the first country in the world to legalize drug checking services, most notably for people attending festivals and other events. The decision is a landmark ruling that stresses harm reduction for individuals by testing often illicit substances they...

The Pfizer Inc (NYSE: PFE)/BioNTech SE (NASDAQ: BNTX) COVID-19 vaccine has received provisional approval for use in the age group 12 to 15 from New Zealand's medical regulator, Stuff reported Monday (local time). What Happened: The vaccine already stands approved for those 16 years...

Brenton Harrison Tarrant, a 29-year old Australian, who shot to death 51 people at a mosque in Christchurch, New Zealand, has been sentenced to life in prison without the possibility of parole Thursday, the Associated Press reported. What Happened: In the first instance of its kind, Judge Cameron...

Airlines serving Australia and New Zealand are implementing drastic service cuts as a result of a steep fall in passenger demand and government announcements last weekend that all travelers entering the countries must self-quarantine for two weeks. Qantas and subsidiary Jetstar together will cut...

General Motors Company (NYSE: GM) on Monday announced that it is scrapping its Australian subsidiary Holden, while also winding down operations in New Zealand and Thailand. End Of An Era For Australia The automaker said that it would phase out the 164-year old brand by 2021. "I've often...

Amazon.com Inc. (NASDAQ: AMZN) is launching its Echo Auto smart speaker series in India. What Happened The device designed specifically to function with automobiles is priced at $70.34 (INR 4,999). The e-commerce giant is currently taking pre-orders and will start delivering the device on...

Canopy Rivers Inc (TSE: RIV) (OTC: CNPOF) portfolio company BioLumic has received approval from the New Zealand Ministry of Health to use ultraviolet light technology in medical cannabis farming. Other crops like strawberries have shown an increased yield of up to 60% with the technology, according...

Napier Port, located in Hawke's Bay on the North Island of New Zealand, has begun trading on the New Zealand Stock Exchange (NZH) at an offer price of N$2.60 (US$1.66), raising NZ$234 million (US$149.94 million). The port has listed under the ticker code "NPH."  Of the funds raised, $110.2 million...

Kuala Lumpur-headquartered trading conglomerate Sime Darby (BMB: 4197) of Malaysia has conditionally acquired the privately held automotive and construction machinery dealer Gough Group of Christchurch, New Zealand. Financial details of the deal have not been disclosed. Gough says the sale...