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Kiwis are 'economic refugees'?
‘Economic refugees’ flee from New Zealand as cost-of-living crisis deepens, NZ telecommunications companies to come up with coverage maps, British competition regulator objects to Google’s ad tech practices, Toyota cuts 2026 global EV output plans by a third, and a NZ businessman convicted on two corruption charges gets bail to Australia.
Tragic Fire in London's Grenfell Tower Lead to the Loss of 72 Lives
A damning report on a deadly London high-rise fire says decades of failures by government, regulators and industry turned Grenfell Tower into a "death trap" where 72 people lost their lives, Spanish soccer club FC Barcelona said it will list a new $1 billion content creation business called Barca Media on Nasdaq, through a merger with a so-called blank check company, , and All Street's main indexes slid on Tuesday, with the S&P 500 down more than 2% and the Nasdaq Composite down over 3% as investors softened their optimism about AI in a broad market sell-off that accelerated after tepid economic data.
Trump threatens to imprison Zuck
Trump threatens to imprison Mark Zuckerberg, Fletcher Building reaches multi-million dollar settlement over leaky pipes, UK workers to gain right to a four-day week, ANZ CEO says no evidence bond trading scandal has cost Australian taxpayers, Air New Zealand wants to explore routes to India , and hedge funds may lose billions from Temu owner PDD's stock crash.

PwC braces for a six-month ban in China
Market Rally: Global stock indices surged on optimism about rate cuts and light trading. Corporate News: A2 Milk shares took a hit, while Contact Energy and Suncorp reported strong earnings. Economic Updates: China's Xiaomi posted robust revenue growth, and South Africa's Sibanye Stillwater secured a prepayment deal. Local News: Pakuranga shooting, government plans for Kiwibank, and Apple's India-made iPhone Pro models.

Burberry is falling out of fashion and FTSE 100?
Burberry Group Plc is on the verge of exiting the FTSE 100 Index, Kamala Harris formally accepted the Democratic presidential nomination, Spark has reported a 72% drop in full year net profit, Shein reveals child labour cases as it steps up supplier audits, Class action against ASB and ANZ could have 100,000 customers, and a probe into Trump shooting links gunman to NZ ‘encrypted messaging account’.
Wellington Bars Rubix, and SugarWoods Facing Liquidation
Wellington bars Rubix and SugarWoods in liquidation as local economy bites, A drug trafficking 79-year-old woman has been spared jail time despite posting hundreds of packages containing drugs. and London's FTSE 100 inched higher on Wednesday, supported by miners, while traders sensed caution among global markets ahead of U.S. economic data, release of the Federal Reserve's July meeting minutes and speeches from policymakers this week.
A2 Milk and Synlait settle dispute
A2 Milk and Synlait settle year-long dispute over infant formula, North Korea to reopen for international visitors, TikTok disputes US claims on China ties in court appeal, legal case over Z Energy's emissions reduction claims moves towards trial, and Ford to recall about 85,000 vehicles due to risk of engine fire.