News in Brief

News in Brief
Comvita Florenz deal: shareholder voting puts takeover in doubt
News in Brief

Comvita Florenz deal: shareholder voting puts takeover in doubt

Comvita shareholders can change their vote at a November 14 meeting.

Staff reporters 13 Nov 2025
Icehouse Ventures leads $12.7m capital raise for Australian ag-tech startup
News in Brief

Icehouse Ventures leads $12.7m capital raise for Australian ag-tech startup

Part of the series A round will go towards NZ regulatory approval for its methane tech.

Staff reporters 12 Nov 2025
NZ’s second giant Costco Wholesale to be built at Drury
News in Brief

NZ’s second giant Costco Wholesale to be built at Drury

New Zealand’s second giant Costco Wholesale shop will be built in South Auckland’s Drury, it has been confirmed.Kiwi Property chief executive Clive Mackenzie and Costco country manager Chris Tingman made a joint statement about a conditional land deal.“Kiwi Property has reached a...

Staff reporters 12 Nov 2025
IRD pursues 44 sushi companies
News in Brief

IRD pursues 44 sushi companies

A major supplier of sushi products to Foodstuffs’ supermarkets is facing the liquidation of more than 40 of its companies.Inland Revenue has filed an application in the High Court at Auckland to liquidate 44 companies run by Auckland businessman James Hwang.All of the companies a...

Staff reporters 11 Nov 2025