TVNZ has posted a large full-year loss as advertising revenue fell and it wrote down the value of assets while signalling more cost cutting. The state owned broadcaster reported a…
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The national carrier’s net profit for the financial year is down 65 percent to $146 million.
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But one economist says it is too soon to say whether the burst of euphoria would last and flow into business decisions.
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Te Mata Garlic’s Chris Morrison is facing allegations of scaremongering by falsely claiming to have been tasked by the Ministry for Primary Industries and other industry bodies to compile data on growers as part of an “industry investigation”.
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NZ Steel says the government’s up to $140 million investment in its electric furnace should repay itself in about three years.
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Government officials have been quietly exploring how much carbon dioxide could be saved if the country reflooded its peat soils.
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Ministers have been meeting major energy users to discuss how the government could help businesses struggling due to high wholesale power prices.
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Meridian chief executive Neal Barclay said the economics of producing green hydrogen at scale had become more challenging.
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Investors have driven a dizzying rally in its stock as they bet billions on the future of generative AI.
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Hundreds of millions of dollars are at risk if the international visitor levy is hiked to $100, Tourism Industry Aotearoa claims.
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