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Archive

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.
Ukraine racks up gains with Russia incursion, faces challenge holding territory
Chipotle investors see continued growth, steady leadership after CEO Niccol departs, There's no U-turn' - Reserve Bank governor hits back over rate cut 'flip-flop, Indonesia suffers the consequences of cosying up to China, Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal, Iron ore crash threatens Chalmers’ budget surplus hopes and Jack Ma-Backed Ant Sees Profit Slide 10% After Shake Up.

Auckland property: 44% of apartments sell for loss
Markets stabilized this week after a sharp downturn. The S&P 500 neared correction territory, while the Nasdaq entered one. European stocks rebounded, with Germany and France posting gains. Chinese stocks declined despite higher inflation. Earnings reports were mixed, with tech companies delivering varied results.
