Shane Solly: Harbour Asset Management spokesperson on the US and China's trade talks
The US and China have agreed to slash their reciprocal tariffs by 115 percent for 90 days. Washington imposed a 145 percent tariff on Chinese imports at the start of the year - and Beijing responded with a 125 percent levy on some US goods. But this weekend's trade negotiations between US and Chinese officials in Switzerland appear to have gone well. Harbour Asset Management's Shane Solly explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
--------
2:43
Chris Small: ABC Business Sales managing director on businesses reaching the cut-off point to pay back Covid loans
Time is running out for businesses who took out a Covid Small Business Cashflow Scheme. It's five years today since Inland Revenue introduced the loans. They were issued to more than 129,000 businesses and totalled $2.4 billion. The IRD says they're now reaching their cut-off point, and default loans not paid in full will be enforced. ABC Business Sales managing director unveils how many businesses are still owing - and by how much. LISTEN ABOVESee omnystudio.com/listener for privacy information.
--------
3:38
Richard Ryall: Zenkuro Sake director on the company winning gold at the Tokyo Sake Challenge for its Drip Pressed Junmai Ginjo
A Queenstown brewery has put New Zealand on the global sake map for the first time. The country’s first and only dedicated sake brewery has taken home a gold award for its handcrafted Drip Pressed Junmai Ginjo as part of the Tokyo Sake Challenge. Zenkuro Sake director Richard Ryall says this award comes as the brewery celebrates its 10-year anniversary. "It's been an amazing journey for us to reach this point - and 10 years has just flown past. But what a way to celebrate, with this fantastic award." LISTEN ABOVE See omnystudio.com/listener for privacy information.
--------
6:34
Peter Lewis: Asia Business Correspondent on US and China trade officials holding talks this weekend
Trade officials from the worlds biggest economies are coming together for discussions this weekend. US-President Donald Trump says tariffs on goods from China may come down. Asia Business Correspondent says people shouldn't get their hopes up. "These aren't really negotiations about trade, they're talks about having talks," he said. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
--------
5:12
Mark Robinson: NZ Rugby CEO on the body posting a $19.5 million loss
New Zealand Rugby has posted a $19.5 million loss for 2024. Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years. NZR is trumpeting record income of $285 million dollars against the loss. CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years. He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.
USA