Business

The Warehouse denies union claims distribution centre staff are defecating in aisles

More than 300 staff from The Warehouse's distribution centres in Auckland and Christchurch are striking on Thursday over fears that technology will take over their jobs.

Crude Is Back at 80% in the Gulf, but Refined Products Are Stuck at 35%

The story in the Strait of Hormuz has been that Middle Eastern crude exports have recovered to about 80% to 85% of pre-war levels, including pipeline shipments, while refined-product exports remain muted. The uneven recovery shows how Gulf producers prioritize crude oil shipments over refined products as the Hormuz chokepoint remains vulnerable despite encouraging diplomatic signals. Fereidun Fesharaki, chairman emeritus of industry consultant FGE NexantECA, said last week that while Middle Eastern crude exports, including pipeline shipments,…

Sensex erases US-Iran war losses, rises nearly 12% in just 10 sessions: What should your investment strategy be?

BSE Sensex has risen by a whopping 8,600 points in the last ten trading sessions - an increase of 11.8%!

CoreWeave provides silver lining for neoclouds as Nvidia storm swirls

Huang's close ties to the White House are in the firing line

1 Unstoppable AI Stock to Buy Hand Over Fist Before the Next Leg Higher

Iren's 70% crash does not align with its strengthening fundamentals. The mismatch won't provide an asymmetric opportunity forever.

Anthropic's $1.4 trillion IPO: Price band, listing, investors & more; all you need to know

The artificial intelligence (AI) boom is heading for another major test on Wall Street as Anthropic, the parent company of Claude, prepares for a mega IPO