News in Brief
News in Brief
Cars
EV sales struggle to start again, utes back on the road
EV and low emission sales still at less than half December's rally.
Markets
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...
Retail
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...
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