Business News

Annual food inflation has risen at its fastest rate in 10 months.

For the latest from the markets we're joined by Michael Grace of FNZC.

Auckland Airport is making space for Uber to pick up and drop off passengers and compete more directly with taxi companies.

A global ratings agency says investors chasing higher yields in a low interest rate environment pose a significant risk to global financial stability.

Kiwifruit company Seeka has bought a packing and coolstore operation near Tauranga for 25-million dollars.

The administrators of the failed Australian online trading platform, Halifax, say there's a shortfall of about 20-million-dollars with investors' money apparently used to keep the business afloat.

A brief update of movements in the financial sector.

Expatriate businessman Eric Watson faces a massive tax bill after the High Court rules his restructuring using Caribbean companies was a way to avoid $51m in tax. AMP slims down and reinvents its NZ business. Standard and Poors warns of another financial downturn. How the markets have fared overnight.

An early look at the day's business news, and a catch up on overnight global market action.

News from the business sector, including a market report.