Best of Business

Global oil prices have shot up again, with Donald Trump gunning for authority over the Strait of Hormuz.
The President's announced a naval blockade on Iranian ports, after peace talks collapsed in Pakistan yesterday.
Despite the ceasefire, he's looking at resuming strikes.
Harbour Asset Management expert Shane Solly explained further.
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Concerns have been raised over the new Wellington water entity, as its board members will be paid twice as much as their Wellington Water counterparts.
The group's new chair will be paid $110,000 - a higher figure than the $60,000 Wellington Water's previous chair was paid.
The entity's CEO will also be paid $645,000 - a higher amount than the previous Wellington Water CEO got.
Wellington mayor Andrew Little says this is disappointing news, even if the group has plenty to manage.
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There's growing concern about the impact of the Middle East conflict, and at least one major bank has forecasted increases to the OCR.
ANZ has revised its outlook, with forecasted increases to the OCR bringing rates up to 3 percent by October.
Associate Finance Minister Chris Bishop says skyrocketing fuel prices will have a flow-on effect on the New Zealand economy - and it's likely inflation will spike too.
"That's an unfortunate reality of global events...the forecast will properly come out with the Budget, that's the kind of next major event."
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A warning Iran has more ways to inflict economic pain if war resumes with the US, other than in the Strait of Hormuz.
Donald Trump's threatening a navy blockade of the shipping lane from 2am NZT after talks in Pakistan have brought no deal.
Iran says military vessels approaching the Strait will be dealt with severely.
Reuters Middle East correspondent Alexander Cornwell says UAE and Saudi Arabian oil terminals could be at risk.
"The Iranians have proven that they have the capability of hitting both of these sites - and there is also the question of Yemen's Houthis and whether they will try, once again, to close or restrict the Red Sea."
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Concern from pharmacists over revelations Chemist Warehouse is planning to double its sites in the next decade.
BusinessDesk reports a confidential briefing for Regulations Minister David Seymour shows it's aiming to have 140 stores.
Independent Pharmacy Group Co-founder John Saywell says corporate chains are squeezing out small local chemists.
"Bigger and cheaper isn't always better, and in healthcare, it's a good idea to keep the business interests separate from the care and the local owner-operated pharmacists really care for their communities."
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