News in Brief

News in Brief
British American Tobacco’s NZ profits rise 14.5%
News in Brief

British American Tobacco’s NZ profits rise 14.5%

The New Zealand subsidiary of British American Tobacco (BAT) increased sales and gross profit in 2024.In consolidated financial statements filed with the Companies Office, BAT Holdings reported that net profit after tax grew 14.5% to $45.6 million in the year to Dec 31. BAT's...

Staff reporters 30 Apr 2025
BNP Paribas appoints new CEO for NZ and Australia
News in Brief

BNP Paribas appoints new CEO for NZ and Australia

The financial services company employs more than 600 people across Australasia.

Staff reporters 30 Apr 2025
Bells toll for old Eftpos machines
News in Brief

Bells toll for old Eftpos machines

Retailers using Eftpos machines with outdated security standards have been warned that they have one year to upgrade or face disconnection from the network.Merchants were told in 2017 that April 30, 2026, was the deadline to upgrade from the PCI 4.x security standard. The devices...

Staff reporters 29 Apr 2025
All is not necessarily lost for Pacific Edge – Forsyth Barr
News in Brief

All is not necessarily lost for Pacific Edge – Forsyth Barr

Pacific Edge shares fell 26% to 8.4 cents on Monday, but “all is not necessarily lost”, said Forsyth Barr analysts.A local coverage determination in the United States means the company will no longer receive reimbursement for its Cxbladder tests from Medicare. Centres for Medicar...

Staff reporters 28 Apr 2025