Despite record production, the Tiwai Point aluminium smelter paid as much for electricity as it made in gross profits this year because of rising electricity prices, its majority shareholder says.

The country’s biggest transport company, Mainfreight, has reported a record annual profit on the back of solid growth in freight volumes in its home markets and Europe.

Strongly performing financial markets, increased education and stronger enforcement are being credited with a rise in investor confidence.

A company wanting to mine iron sand off the South Taranaki coast has rejected accusations its proposal would wreck the marine environment.

Farmers say the Budget missed out on investing in biological and environmental science to back up their work to improve water quality.

Zespri has more than doubled its full-year net profit despite a challenging season for green varieties of kiwifruit.

Media companies Fairfax and NZME are appealing against the Commerce Commission’s decision to turn down their merger.

A local rocket company has made its first-ever launch, describing it as an “incredible day” for its small team.

Nearly 100 IT specialists from around the world are in Wellington this week looking at potential jobs in the capital’s technology sector.

The country’s biggest glass manufacturer, Metro Performance Glass, has made a slightly lower profit after one-off costs and a tax adjustment offset higher revenue.