Housing market: BNZ joins rush to put brakes on investors
BNZ has joined ASB and ANZ in moving to introduce loan value restrictions on investor lending, ahead of new Reserve Bank rules due in March. BNZ announced today it was … Read More
Category: Business
9 Ways to Support Small Businesses
Wondering how you can help as a consumer? Here are some ideas. By Ellen Rosen In the early weeks of the coronavirus pandemic, consumers buoyed small businesses with gift card … Read More
Small Business: Supplement firm Oceangreen Organics inspired by seaweed harvester
Daneen Morgan, founder of supplements company Oceangreen Organics talks harvesting seaweed from New Zealand, the Covid bump and forecasts for the year ahead. What does your business do? Oceangreen Organics … Read More
Stay healthy to stem rising insurance costs: Prudential CEO
If local doctors are right about their patients’ lifestyle habits, many Singaporeans aged 25 to 45 could be in for a rough ride later in life. These folks tend to … Read More
J.C. Penney Shareholders Lose Bid to Delay Sale
J.C. Penney crossed another hurdle to closing its going concern sale this month. At a hearing Friday, U.S. District Judge Nelva Gonzales Ramos in Texas denied a motion by the … Read More
Roblox, edging toward I.P.O., reveals surging revenue and losses.
Roblox, a gaming site and app that has been a huge hit with tweens, revealed in an offering prospectus on Thursday that its number of users and revenue surged during … Read More
Tomorrow Takes Majority Stake in London Concept Store Machine-A
LONDON — Fashion business accelerator Tomorrow has taken a majority stake in the London-based multibrand store Machine-A, WWD can exclusively reveal. Alessandra Rossi, chief digital officer at Tomorrow, has been … Read More
COVID-19: Household spending on course to be £6,600 down in 2020
UK households are expected to have spent £6,600 less this year after the pandemic slashed demand for holidays, eating out and transport, according to new research. In total, consumer spending … Read More
Wall Street set to retreat on surging COVID-19 cases, rise in jobless claims
(Reuters) – Wall Street’s main indexes were set to slip on Thursday as soaring COVID-19 cases and an unexpected rise in weekly jobless claims raised fears of stalling growth in … Read More
COVID-19: One in seven UK companies fear they are at risk of collapse, ONS survey finds
One in seven companies fear they are at risk of collapse in the next three months, according to a survey by the Office for National Statistics. The survey found that … Read More
DBS faces potential culture clash if it scoops up distressed Indian lender
MUMBAI/BENGALURU/SINGAPORE (REUTERS) – DBS Group’s proposed move to take over troubled Lakshmi Vilas Bank (LVB) will give South-east Asia’s largest lender the boost in India it has long desired, but … Read More
Relief for Boeing but immense challenges lie ahead
Could it be that two years of agony for Boeing are finally over? The aerospace giant – America’s biggest exporter – has been in a state of turmoil since being … Read More