
NZME buys SunMedia, owner of SunLive website
NZME has bought one of the country’s leading regional news companies – reinforcing, it says, its commitment to local and community journalism.The NZ Herald and Bay of Plenty Times publisher has bought Tauranga-based SunMedia – owner of the SunLive website and publisher of the Wee...

Worldline data shows retail growth slowing
Retail spending down but Kiwis still forking out for romance.

Macquarie lifts Xero 12-month target price by 75%
Macquarie analysts are upbeat on Xero, lifting their rating to outperform from underperform and their 12-month target price to A$152.60 (NZ$163.27) from A$87.00.The stock last traded at A$135.The move comes after the A$20.5 billion company’s 2024 investor day presentation.Accordi...

PM heads to Asean-Australia special summit in Melbourne
Prime minister Christopher Luxon is off to Melbourne on Tuesday to meet his Southeast Asian counterparts.He’ll also meet key trans-Tasman business leaders on his two-day trip across the Ditch.Luxon’s meetings with several Asean (Association of Southeast Asian Nations) leaders wil...