Best of Business

Ozempic, Wegovy and Mounjaro are among the weight-loss drugs that more people are taking - but questions have been raised about their economic impacts.
These drugs will also have an impact on other sectors, including healthcare and food, and research is still ongoing.
Fisher Funds expert Sam Dickie explained further.
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Synlait chief executive Richard Wyeth is leaving - after one year in the job.
The South Island dairy processor's released an NZX market update, saying Leon Fung will be acting CEO, effective immediately.
Wyeth will remain supporting the transition, until the end of June.
The Country's Jamie Mackay explained further.
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Air New Zealand's CEO says the airline will trim more flights, with a forecast it'll be $390 million in the red this financial year.
It's blaming the fuel cost hike lifting spending $240 million more than expected.
The airline told NZX it's already reduced overall capacity three to five percent since the Iran war began.
Nikhil Ravishankar says cuts may continue even after jet fuel prices ease, with cuts for August to October announced soon.
"We either sort of roll over the changes that we've made into July - or we might have to go a bit further, depending on what fuel's doing."
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New research suggests nearly 100 of our CEO's are backing their businesses but not New Zealand.
The Pivot and Pace survey found many CEOs are growing frustrated with the country's lack of long-term thinking.
Many are saying three-year political cycles and a lack of cross-party agreement are holding the country back.
Founding Partner of Pivot & Pace Kendall Langston told Mike Hosking there are other countries with visions longer than two political cycles.
He says CEOs aren't wanting Government involvement – rather a runway and guaranteed resilience to create some confidence in the direction they're heading.
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New Zealand's international credit rating has hit a tipping point, and economists have raised concerns.
Back in March, Fitch Ratings placed New Zealand’s AA+ long-term credit rating on a 'negative outlook', downgraded from 'stable'.
Moody's later followed suit, claiming the global economic and political uncertainty presented downside risks to growth.
Fitch's Head of Asia-Pacific Sovereigns, Thomas Rookmaaker, says this was driven by a number of factors, including the Middle East conflict and Government debt.
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