Saturday, February 28

Blog

Category 5 Hurricane Milton roars towards storm-battered Florida
World News

Category 5 Hurricane Milton roars towards storm-battered Florida

By Gerard Martinez, with Lucie Aubourg in Orlando and Michael Mathes in Washington for AFP Volunteers in Miami fill sandbags as residents prepare for the arrival of Hurricane Milton in Florida on 7 October. Photo: GIORGIO VIERA / AFP Hurricane Milton has exploded in strength to become a potentially catastrophic Category 5 storm bound for Florida, threatening the US state with a second ferocious hurricane in as many weeks. The back-to-back hurricanes have whipped up a US election storm, with Vice President Kamala Harris slamming her White House rival Donald Trump and Florida's Republican governor Ron DeSantis for "political gamesmanship" and for spreading misinformation about the federal response. Milton, which is forecast to batter Mexico's Yucatan peninsula as it churns eastward, tr...
What is Amazon Prime Day and will we ever get Amazon in New Zealand?
Business

What is Amazon Prime Day and will we ever get Amazon in New Zealand?

As Americans go berserk over Prime Day sales, will New Zealand ever get an Amazon warehouse? Photo: Unsplash It's tough with the global force of social media, especially the happenings thrown at us from those cultural imperialists in the northern hemisphere. We think we're having a Brat Summer even if it's the middle of the New Zealand winter. We turn up to vote on Tuesday 5 November and realise it's not our election. And now, our social feeds and US news sites are full of something called Prime Day. It's a ridiculously good sale with online retailer Amazon where prices are slashed on everything from electronics to pet care products to clothing to anything you can think of really. But many New Zealanders can't capitalise on the sale because it requires a monthly or yearly Prime membersh...
Israel-Hezbollah fighting intensifies, Hamas vows to rise again
World News

Israel-Hezbollah fighting intensifies, Hamas vows to rise again

By Steven Scheer and Maya Gebeily for Reuters A Haifa resident inspects the damage following an overnight rocket attack from Lebanon on 7 October. Photo: MATI MILSTEIN / NURPHOTO Hezbollah has fired rockets at Israel's third-largest city of Haifa and Hamas has vowed to rise again as Israel looks poised to expand its offensive into Lebanon, a year after the devastating Hamas attack that sparked the Gaza war. Israelis held ceremonies and protests on Monday to mark the first anniversary of the 7 October attack on Israel by Palestinian militant group Hamas as the Gaza conflict has spread across the Middle East and fanned fears of an all-out regional war. Hamas, which has seen the Palestinian territory of Gaza laid waste by Israel's war, vowed to rise "like a phoenix" from the ashes despi...
Sharesies launches new US500 fund for KiwiSaver members
Business

Sharesies launches new US500 fund for KiwiSaver members

Sharesies' new move gives members direct exposure to the largest 500 US-listed companies across all sectors. File photo. Photo: 123RF Sharesies is offering its KiwiSaver members the opportunity to invest in individual US stocks, or via a new US500 fund - but there's a warning they need to take care doing their own stock-picking for their retirement savings. Sharesies is launching a US500 fund with direct exposure to the Vanguard S&P500 ETF which includes the largest 500 US-listed companies across all sectors. Sharesies KiwiSaver members will also be able to choose to invest in a range of individual US stocks including Meta and Apple. There is a 5 percent limit on investing in a single stock via KiwiSaver and at least 50 percent of the investor's portfolio needs to be in base funds. ...
North Korea: Kim Jong Un wants to speed up becoming a nuclear superpower
World News

North Korea: Kim Jong Un wants to speed up becoming a nuclear superpower

By Joyce Lee, Reuters North Korean leader Kim Jong Un. Photo: Supplied/Korean Central News Agency North Korean leader Kim Jong Un said his country will speed up steps toward becoming a military superpower with nuclear weapons, and would not rule out using them if it came under enemy attack, state news agency KCNA said on Tuesday. Kim mentioned South Korean President Yoon Suk Yeol by name for the second time in a week in denouncing Seoul for colluding with Washington to destabilise the region to gloss over the fact it does not even have proper strategic weapons. "Yoon Suk Yeol made some tasteless and vulgar comment about the end of the republic in his speech, and it shows he is totally consumed by his blind faith in his master's strength," KCNA quoted Kim as saying, referring to the S...
Do Australians get a better mortgage deal?
Business

Do Australians get a better mortgage deal?

Commonwealth Bank was this week charging 6.34 percent for a variable rate in Australia. File photo Photo: 123RF Do Australians get a better deal on their mortgage rates? If you're part of the small proportion of New Zealanders who prefer a floating rate, the answer is probably yes. But if you prefer a fix, it's probably no. Floating rates across the ditch are lower than what New Zealanders pay. While the cash rate is 4.35 percent, Commonwealth Bank was this week charging 6.34 percent for a variable rate and ANZ was advertising 7.4 percent. But fixed rates don't look so competitive. On Friday, Macquarie was offering a two-year rate of 5.39 percent for two years and Westpac 5.89 percent, while ANZ was offering 6.54 percent. In New Zealand this week, the cash rate was 5.25 percent and ASB ...
Navy dispels concerns HMNZS Manawanui is leaking oil
World News

Navy dispels concerns HMNZS Manawanui is leaking oil

The Manawanui sank off the south coast of the island of Upolu on Saturday. Photo: Profile Boats / supplied The Navy says HMNZS Manawanui, the ship which sunk off the coast of Samoa, is not leaking oil. Navy Commodore Shane Arndell told Checkpoint on Tuesday the Manawanui was resting 30 metres underwater on a reef off the south coast of Upolu, and was not leaking. "The divers went out this morning to survey the ship ... and from what they've reported there has been nothing leaking from the ship once it sunk." There was no liquid leaking from the ship at all at this stage, he said. Manawanui is on a part of the reef, he said. "She's very stable, she's lying on her side in that depth of water and quite stable." The ship had been damaged but Arndell said he could not give any further detai...
Fabulous Lives of Bollywood Wives season 3 trailer out now!
Entertainment, Movies

Fabulous Lives of Bollywood Wives season 3 trailer out now!

Are you running low on spice? Worry not, because the queens are back with yet another season of `Fabulous Lives of Bollywood Wives`! This season promises double the drama, style, and spice, as it dives into one of the biggest rivalries of all time—Delhi vs. Mumbai.           View this post on Instagram                       A post shared by Neelam (@neelamkotharisoni) On October 18, your favourite gang returns to Netflix with a new twist! The fabulous lives of Bhavana Panday, Maheep Kapoor, Neelam Kothari Soni, and Seema Kiran Sajdeh will welcome new additions as Riddhima Kapoor Sahni, Shalini Passi, and Kalyani Saha Chawla join the mix in `Fabulous Lives v/s Bollywood Wives`.  The trailer for the new season is all things fu...
Cash-handling merger that would create monopoly given go-ahead
Business

Cash-handling merger that would create monopoly given go-ahead

A man loads boxes onto an Armourguard truck. Photo: Armourguard / supplied The Commerce Commission has allowed a merger of two firms in the cash handling and transport sector, even though it will create a monopoly for the enlarged company. It has cleared Evergreen - which runs Armourguard Security - to take over rival ACM, a part of the Linfox Armaguard Group. Both firms transport cash and other precious goods (mainly for banks) restock automated teller machines and store bulk cash. Commission chairperson John Small said it had decided competition would not be substantially lessened, given the financial position of the businesses. "It is very likely that either Evergreen or ACM would cease to operate in the near future, resulting in a single national provider of wholesale cash-in-transi...
Manawanui sinking: Samoa govt says oil spill risk biggest concern
World News

Manawanui sinking: Samoa govt says oil spill risk biggest concern

No oil leaks have been found the area where the NZ Navy ship HMNZS Manawanui sank yet, the Samoa government says. The Ministry of Works chief executive Fui Mau Simanu told RNZ Pacific that New Zealand Navy divers had been assessing the area since Tuesday morning. He said they were working alongside local police and Samoa's Natural Resources and Environment Ministry. "We haven't seen any leakage or any sort of spillage," Fui said. "But we should have a fair idea of any damage to the environment if there is any probably tonight, when the teams come back from their assessment," Fui said. Read more: 'It's my ship and I'm gutted': Former minister Ron Mark on Manawanui sinking HMNZS Manawanui: What we know about the ship's sinking An expert explains why a speedy cleanup will be crucial - and the...