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New Zealand Business Updates

Liam Dann: Fresh Chinese rate cut highlights slowdown risk

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Liam Dann: Fresh Chinese rate cut highlights slowdown riskFalling house prices and slower growth may prompt China to look at more stimulus for the economy. Photo / AP

China's central bank has cut the country's official cash rate for the second time in three months - a move which highlights concern about the economic slowdown of New Zealand's largest trading partner.

Over the weekend The People's Bank of

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Christopher Niesche: Qantas about-turn a blue sky triumph

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Airline’s steely saviour an unusual choice to take just six months to change billions in losses into a profit.

Christopher Niesche: Qantas about-turn a blue sky triumphThe oil price has halved since July; the damaging capacity war with Virgin Blue is over; and international competition has declined.

Beneath Alan Joyce's softly spoken Irish brogue and calm demeanour lies a steely resolve. The

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Samsung ditches the plastic for new Galaxy S6

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Samsung ditches the plastic for new Galaxy S6JK Shin, CEO of Samsung's mobile division, shows the new Galaxy S6 and S6 Edge at a press event on the eve of this week's Mobile World Congress wireless show, in Spain. Photo / AP

Samsung has unveiled a stylish new flagship phone that ditches its signature plastic design for more stylish metal and glass.

The South Korean phone manufacturer also

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Mexicali Fresh buys up Burger Wisconsin chain

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Mexicali Fresh buys up Burger Wisconsin chainBurger franchise Burger Wisconsin has been sold to the owners of Mexicali fresh. Photo / Hawkes Bay Today.

New Zealand's oldest gourmet burger franchise chain Burger Wisconsin, has been bought by the parent company of Mexican food franchise Mexicali Fresh for an undisclosed sum.

The burger chain, which began in the Wellington suburb of Wadestown in

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Bryers' bankruptcy bid begins in High Court

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Bryers' bankruptcy bid begins in High CourtFormer Blue Chip boss Mark Bryers outside the High Court in Auckland today. Photo / Brett Phibbs.

Former Blue Chip boss Mark Bryers is seeking discharge from his five-and-a-half year bankruptcy in the High Court at Auckland today while the Official Assignee is asking for conditions to be attached to that.

The Official Assignee has dropped its

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