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Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Leading climate scientists have accused politicians in New Zealand and Ireland of using an “accounting trick” to back their sheep and cattle industries, warning their support for methane-emitting livestock could undermine global efforts to fight … Read more
A Wellington-based man was arrested in Auckland as part of an international investigation into a crypto scam operation allegedly stealing $265 million (NZD$450 million) from seven victims. New Zealand’s Financial Crime Group made the arrest following an FBI-led probe into the criminal network. According to authorities, the cryptocurrency was fraudulently obtained between March and August … Read more
Mitsubishi Motors is in talks with Taiwan-based Foxconn’s electric vehicle division to source an OEM electric car model that the Japanese automaker plans to sell in Australia and New Zealand in the latter half of 2026. Mitsubishi said on Wednesday that it had signed a memorandum of understanding with Foxtron Vehicle Technology to develop the … Read more
A view of the sign and logo of the Roche Holding AG headquarters on April 11, 2025 in Basel, Switzerland. Sedat Suna | Getty Images News | Getty Images COPENHAGEN, Denmark — The ballooning obesity drug market may have a new contender after Roche struck a $5.3 billion deal to develop Danish biotech Zealand Pharma’s “next generation” … Read more
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Danish biotech Zealand Pharma’s obesity drug candidate, as the two firms seek to compete in the burgeoning weight loss drug market. The deal will see the two companies co-develop and co-commercialize petrelintide, Zealand Pharma’s amylin analog as … Read more
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. Mark Coote | Bloomberg | Getty Images New Zealand’s central bank on Wednesday slashed benchmark rates by 50 basis points to 3.75%, marking its fourth straight cut, as easing inflation offers the central bank room to boost a … Read more
Net departures of New Zealand citizens were a record 47,000, surpassing the 43,300 who left in 2023. About 56% of those leaving went to Australia. Read More
Global tariff threats from U.S. President Donald Trump aside, New Zealand is optimistic about its trade relationship with the United States. Speaking to CNBC’s “Squawk Box Asia,” New Zealand Finance Minister Nicola Willis said that “New Zealand is distinguished in that we have a very balanced and complementary trade relationship with the United States,” adding … Read more
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Jenn Tran, Matt Rossi. Disney/Ramona Rosales ; Courtesy of Matt Rossi/Instagram Jenn Tran’s ex boyfriend Matt Rossi is opening up about what he claims went down behind-the-scenes of his surprise cameo on season 21 of The Bachelorette. Rossi, 28 made his bombshell appearance on season 21 of The Bachelorette in an attempt to win Tran, … Read more
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