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Preview: Mix ID 25568 - Business

Latest Business headlines from

Last Build Date: Tue, 20 Mar 2018 23:20:03 +1200

Copyright: Copyright 2018 APN HOLDINGS NZ

UK households get some relief as inflation dips

Tue, 20 Mar 2018 22:50:07 +1200

LONDON (AP) — Official figures show that inflation in Britain eased markedly in February, a development that will help ease the pressure on households who have seen price rises outstrip wage increases for months.The Office for National...

Germany doubts EU will be exempt from Trump steel tariffs

Tue, 20 Mar 2018 22:45:11 +1200

BRUSSELS (AP) — A German government official is doubtful that the European Union will be exempt from U.S. President Donald Trump's potentially damaging steel and aluminum tariffs.Deputy Foreign Minister Michael Roth said Tuesday...

UK investigating Cambridge Analytica, Facebook

Tue, 20 Mar 2018 22:20:08 +1200

LONDON (AP) — Britain's information commissioner says she is using all her legal powers to investigate the handling of millions of people's personal Facebook data by the social media giant and by political campaign consultants Cambridge...

Ryanair takes stake in Lauda's new Austrian airline

Tue, 20 Mar 2018 22:10:07 +1200

BERLIN (AP) — Budget airline Ryanair says it is taking an initial 24.9 percent stake in an Austrian-based airline being set up by former Formula 1 driver Niki Lauda.It plans to raise its holding to 75 percent.LaudaMotion is the...

Air New Zealand tells Government to back off after Shane Jones' criticism

Tue, 20 Mar 2018 21:18:21 +1200

Air New Zealand has taken the unusual step of spelling out to the Government the commercial relationship it has with the Crown after sustained attacks of its approach to the regions by cabinet minister Shane Jones.The airline has...

Media Files:|caption=Air New Zealand chairman has reminded the government of its independence. Photo / Natalie Slade

On the menu for McDonald's: Cut greenhouse gas emissions

Tue, 20 Mar 2018 21:05:08 +1200

NEW YORK (AP) — The company behind the golden arches wants to get greener.McDonald's on Tuesday announced a number of steps it will take to cut the greenhouse gases it emits into the air, including tweaking the way the beef in its...

The post box that hasn't been emptied since October

Tue, 20 Mar 2018 20:36:47 +1200

Australia Post has been forced to apologise to residents of a Victorian town after it was revealed a post box had not been emptied for five months.The box, located in Beechworth, had been neglected by Australia Post since October...

Media Files:|caption=Australia Post has apologised for the oversight. Photo / 123rf

'Dumb f***s': The two words coming back to bite Mark Zuckerberg amid latest data scandal

Tue, 20 Mar 2018 20:36:21 +1200

When Mark Zuckerberg was a 19-year-old he had a conversation with a friend he must surely regret today.Talking over an online instant messenger service on their Harvard campus, Zuckerberg expressed disbelief at the fact other students...

Media Files:|caption=Calls are being made for Mark Zuckerberg to step down as CEO amid the company's latest scandal. Photo / AP

Crash marks 1st death involving fully autonomous vehicle

Tue, 20 Mar 2018 20:15:08 +1200

TEMPE, Ariz. (AP) — A fatal pedestrian crash involving a self-driving Uber SUV in a Phoenix suburb could have far-reaching consequences for the new technology as automakers and other companies race to be the first with cars that operate...

Global shares mixed ahead of Federal Reserve meeting

Tue, 20 Mar 2018 20:05:06 +1200

TOKYO (AP) — Global shares were mixed Tuesday as some indexes recouped earlier losses set off by an overnight decline on Wall Street. Investors are awaiting the first Federal Reserve meeting under the new chairman, Jerome Powell,...

First details of woman mowed down and killed by self-driving Uber

Tue, 20 Mar 2018 19:19:16 +1200

A self-driving Uber car hit and killed a pedestrian as she was crossing the road in the first fatality involving the controversial fleet of autonomous vehicles.Elaine Herzberg, 49, was hit by an SUV around 10pm on Sunday in Tempe,...

Media Files:|caption=Elaine Herzberg, 49 (inset), was killed after she was struck by an Uber vehicle in Arizona in the first pedestrian death via a self-autonomous car. Photo / Supplied

China's premier appeals to US to 'act rationally' over trade

Tue, 20 Mar 2018 18:50:06 +1200

BEIJING (AP) — Chinese Premier Li Keqiang appealed to Washington on Tuesday to "act rationally" and avoid disrupting trade over steel, technology and other disputes. He promised Beijing will "open even wider" to imports and investment."No...

New Zealand shares drop ahead of global dairy auction

Tue, 20 Mar 2018 18:14:30 +1200

New Zealand shares dropped, with Synlait Milk, A2 Milk Co and Fonterra Shareholders Fund units falling ahead of tomorrow's GlobalDairyTrade auction and results from Synlait and Fonterra Cooperative Group.The S&P/NZX50 Index fell...

Media Files:|caption=A2 Milk Co fell 2.1 percent to $13.51. Photo / File

Kiwi dollar falls against US

Tue, 20 Mar 2018 18:08:59 +1200

The New Zealand dollar pared overnight gains against the greenback in thin trading as markets focus on the upcoming US Federal Reserve policy review with the Fed widely expected to lift interest rates. The kiwi fell to 72.23 US...

Media Files:|caption=The New Zealand dollar fell against the greenback. Photo / File

On marathon US tour, crown prince seeks Saudi image makeover

Tue, 20 Mar 2018 17:40:12 +1200

WASHINGTON (AP) — Saudi Arabia's young crown prince has an ambitious list of to-dos: modernize his conservative kingdom, weaken Iran's hand across the Mideast and, this week, rehabilitate his country's image in the eyes of Americans.Crown...

Border wall, Hudson River project hold up spending bill

Tue, 20 Mar 2018 17:40:08 +1200

WASHINGTON (AP) — Battles over priorities in a huge government-wide spending bill are essentially settled, leaving a scaled-back plan for President Donald Trump's border wall and a huge rail project that pits Trump against Capitol...

Needs go unmet 6 months after Maria hit Puerto Rico

Tue, 20 Mar 2018 17:10:14 +1200

SAN JUAN, Puerto Rico (AP) — Generators are still humming. Candles are still flickering. Homes are still being repaired.Puerto Rico was hit by Hurricane Maria exactly six months ago, and the U.S. territory is still struggling to...

Northern Brazil overwhelmed by desperate, hungry Venezuelans

Tue, 20 Mar 2018 17:10:07 +1200

PACARAIMA, Brazil (AP) — Hungry and destitute, tens of thousands of victims of Venezuela's unrelenting political and economic crisis are trying their luck in Brazil — a country where they do not speak the language, conditions are...

Chinese Premier Li Keqiang says, 'We don't want to see a trade war' with U.S., hope to negotiate disputes

Tue, 20 Mar 2018 17:05:10 +1200

BEIJING (AP) — Chinese Premier Li Keqiang says, 'We don't want to see a trade war' with U.S., hope to negotiate disputes.

Tiger attack prompted Hamilton council to reassess workplace risk

Tue, 20 Mar 2018 17:03:59 +1200

Hamilton City Council chief executive Richard Briggs says he took five weeks to visit the family of an employee zoo keeper killed by a tiger in 2015. "I was a green CEO, I had been CEO for nine months," Briggs told Waikato Institute...

Media Files:|caption=Hamilton Council CEO Richard Briggs. Photo / File