newsnz

Latest news from New Zealand in English: politics, business, world, technology, sport, and lifestyle.

Finance

Rate: Unemployment in New Zealand shows slight decrease but youth unemployment rises

New Zealand’s unemployment rate has decreased slightly to 5.3%, but youth unemployment has risen sharply to 14.4%.

Bankruptcy: Adwoa Beauty Faces Liquidation While Saks Global Aims for Turnaround

Adwoa Beauty is set to liquidate after a judge’s decision, while Saks Global strives to emerge from bankruptcy with substantial liquidity.

Wealth: Mali’s : Untapped Gold Resources Amid Instability

Mali’s ongoing political instability overshadows its vast gold resources, which could alleviate wealth inequality. Foreign multinationals dominate the mining sector.

Bankruptcy: Adwoa Beauty Faces Liquidation, Saks Global Plans Turnaround

Adwoa Beauty is set to face liquidation following a judge’s ruling, while Saks Global plans to emerge from bankruptcy with nearly $700 million in liquidity.

Petroleum: Significant Release of from the U.S. Strategic Petroleum Reserve

The U.S. is set to release 172 million barrels of oil from its Strategic Petroleum Reserve as prices surge due to the conflict in Iran.

Gold Coast Sports Scene Welcomes Teagan Levi to NRLW

Teagan Levi’s move to the Gold Coast Titans marks a significant shift in local sports culture, reflecting broader changes in athletic diversity.

Anz cccfa breach ruling

ANZ has lost a class action lawsuit over breaches of the Credit Contracts and Consumer Finance Act, facing potential payouts to affected customers.

Property search efforts intensify in Southland for missing farmer

Police are urging rural property owners in Southland to search their land for missing farmer Kevin Belling, who disappeared on January 9. This situation underscores the difficulties of locating individuals in vast rural areas.

Tax Refunds in Georgia Provide Relief to Residents

Georgia residents will receive one-time tax refunds as part of a budget surplus, with amounts varying based on filing status.

Westpac’s Helicopter Made of People Promotes Community Support

Westpac has launched a unique marketing campaign featuring a rescue helicopter made of real people, aimed at boosting community donations for the Chopper Appeal.