News in Brief
News in Brief
News in Brief
Rocket Lab to join satellite payload segment
Rocket Lab says it will acquire the parent holding company of a US national security satellite provider for US$275 million (NZ$462m).It said the deal marked its formal entry into the satellite payload segment.Rocket Lab announced that it would acquire the parent holding company o...
News in Brief
Turners Automotive reports record net profit
Turners Automotive reported another record profit for the March year, despite challenging New Zealand economic conditions.The company’s net profit came to $38.6m, up 17%.”The resilience of this result demonstrates a diversified platform to navigate extremely challenging economic...
News in Brief
Retail activity looking perkier
Retail activity rose in the March quarter, according to Stats NZ’s latest Retail Trade Survey. The total volume of seasonally adjusted retail sales was $25 billion for the March 2025 quarter compared with the December 2024 quarter, up 0.8%, while the total value of seasonally adj...
News in Brief
FMA warns against scheme run by crypto firm
The regulator said the scheme had no licence.
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