BusinessDesk | NZ breaking news and commentary on business, NZX and politics

The New Zealand sharemarket held up well after a weak day on Wall Street, and the oil price neared the uncomfortable US$100-a-barrel  level.

The S&P/NZX 50 Index was choppy again, but it rose late in the brokers' matching ...

Power generator and retailer Mercury has opened Stage 2 of its Kaiwera Downs Wind Farm in Southland.

The $486 million expansion project was completed in two years, adding 36 turbines and 155 megawatts of installed capacity to the windfarm development near Gore, the company said.

A hospitality industry report unveiled by the Government recommends setting up a new agency and a new ministerial responsibility: a Minister Responsible for Alcohol.

Regulation Minister David Seymour and Tourism and Hospitality Minister Louise Upston on Wednesday released the findings of a

By Jack Pitcher and Rebecca Feng

American investors are ready to move on from the Iran war. The march toward US$100-a-barrel (NZ$170.79) oil is making that difficult. 

AI simulation platform company Antioch, co-founded by New Zealander Harry Mellsop, has raised US$32 million (NZ$54.6m) in a Series A round led by Silicon Valley venture capital firm Greylock Partners.

NZ’s Iceh...