News in Brief

News in Brief
Global dairy prices fall
News in Brief

Global dairy prices fall

Global dairy prices fell slightly overnight, although the losses "were softer than those recorded at the previous auction". Tuesday night’s Global Dairy Trade auction saw the Price Index fall 0.8% despite 5.7% less product being sold and weaker bidding ratios. Only cheddar manage...

Staff reporters 17 Sep 2025
Wellumio targets $8.5m in fundraise for stroke diagnostic game-changer
News in Brief

Wellumio targets $8.5m in fundraise for stroke diagnostic game-changer

The startup aims to revolutionise stroke detection through portable MRI technology.

Staff reporters 16 Sep 2025
NZME shareholder Jim Grenon lifts investment in media firm
News in Brief

NZME shareholder Jim Grenon lifts investment in media firm

NZME shareholder and director Jim Grenon has lifted his investment in the media business for the second time in recent weeks, to just under 18%.A notice to the NZX on Monday stated Grenon had lifted his shareholding from 15.963% to 17.932%, after acquiring 3.7 million shares for...

Staff reporters 16 Sep 2025
Clients and subscribers of ex-adviser McEwen warned to check bank statements
News in Brief

Clients and subscribers of ex-adviser McEwen warned to check bank statements

The Financial Markets Authority (FMA) has warned clients and subscribers of former New Zealand financial adviser, David McEwen, to check their bank statements for possible unauthorised payments.The FMA said it has received from clients of the former financial adviser in which it...

BD AI 15 Sep 2025