World

Harsh criticism for Twitter

Interim CEO of Twitter and CEO of Square Jack Dorsey.

Twitter needs to act fast - simplify its core product and organise news feeds better, analysts say.

Facebook profit slides 9 per cent

Facebook monthly active users rose to 1.49 billion, 1.31 billion of them using mobile devices to access the service.

Social network owner spent heavily to boost mobile revenue and develop products like Instagram and WhatsApp.

US rate hike in sight

The US Fed may raise rates at its next meeting, the first time since 2006.

US Fed leaves the door open for a rate hike at its next meeting for the first time since 2006.

Biggest automaker lead changes

The logos of Volkswagen (left) and Toyota are seen at their dealership in Tokyo, Japan.

Volkswagen has clinched the top spot in global auto sales for the first half of 2015 by selling 5.04 million vehicles, enough to overtake longtime standout Toyota.

Cautious optimism at TPP talks

Aa series of one-on-one as well as group meetings are planned during the four days of talks in Hawaii ending on Friday.

But negotiators hoping to finalise the ambitious trade deal this week warn that sticking points remain.

China's slump hits world markets

An investor stands in front of an electronic board showing China stocks plunged more than 8 per cent, their biggest one-day drop in more than eight years.

NZ's reaction to the biggest rout in Chinese shares in eight years is a small decline.

Bigger pill bill under TPP

New Zealand will face a bigger bill for medicines under the TPP free trade deal, but consumers would be protected, Prime Minister John Key said.

Protecting Pharmac's purchasing model is one of Labour's bottom lines in support for TPP, Labour leader Andrew Little says.

Mitsubishi quits US production

A Mitsubishi Pajero.

Mitsubishi quits US production to concentrate on building vehicles in Japan, Southeast Asia and Russia.

Still dreaming of the drachma

A tattered Greek flag flutters in the village of Meyisti on the Island of Kastellorizo which is the most easterly of the islands in Greece, July 4, 2015. It was on this island, that former Prime Minister George Papandreou announced in 2010 that Greece required a rescue package. If a 'No' in Sunday's referendum eventually takes Greece out of Europe's single currency, any "new drachma" or temporary payment unit could be worth as little as a fifth of the euro now in circulation. REUTERS/Cathal McNaughton      TPX IMAGES OF THE DAY

A raid on central bank reserves and hacking taxpayer accounts were reportedly among plans to prepare a return to the drachma.

Record $159m fine on Fiat Chrysler

Fiat Chrysler, makers of Jeep, have copped a record fine in the US over lapses in safety recalls

US auto safety watchdog has fined Fiat Chrysler a record NZ$159.6m over lapses in safety recalls involving millions of vehicles.

TPP talks down to the wire

US President Barack Obama (2nd R) meets with the leaders of the Trans-Pacific Partnership (TPP) countries in Beijing in 2014.

Pacific Rim officials meet in Hawaii this week about an ambitious trade deal which aims to boost growth and set common standards across a dozen economies.

Fiat Chrysler recalls hackable vehicles

The Jeep Cherokee, vulnerable to hacking.

One and a half million vehicles that are vulnerable to hacking will be recalled.

Cosby's pills came from this doctor

More facts about Bill Cosby's doing are coming to light.

When Bill Cosby needed Quaaludes to give to women he hoped to have sex with, he knew a doctor to turn to.

Mitsubishi may be quitting US production

Mitsubishi badge on the grille of an Outlander SUV.

Mitsubishi has declined to comment on a report that it planned to end auto production in the US.

Ferrari files for New York listing

Fiat Chrysler Automobiles, the parent company of Ferrari, is seeking to list the luxury sportscar maker on the New York Stock Exchange.

Ferrari has taken a step closer to a stock market listing in New York, as its parent Fiat Chrysler Automobiles seeks to boost its own coffers to fund an ambitious NZ$79.6b investment plan.

McDonald's to slim down US menu

A McDonald's restaurant sign is seen at a McDonald's restaurant in Del Mar, California in this file photo taken April 16, 2013.  McDonald's Corp said sales at its established restaurants around the world rose 2.6 percent in May as it expanded offerings for late-night breakfasts, tweaked other menus and benefited from advertising value-priced meals. REUTERS/Mike Blake/Files   (UNITED STATES - Tags: BUSINESS FOOD)

McDonald's hopes to reverse more than a year of declines and will shrink its large US menu.

IKEA's safety campaign after two deaths

Curren Collas was killed when a Malm dresser pinned him to his bed.

Ikea begins safety campaign after two toddlers killed when pieces of furniture tipped over.

Apple's shares slump

Apple's iPhone 6 and 6 Plus, which shattered iPhone sales records when it launched, are already 10 months old.

A disappointing forecast overshadowed a strong rise in sales to China for the iPhone maker.

Learning to love vertical videos

British Prime Minister David Cameron poses for a selfie with young entrepreneurs.

The cardinal rule for video has been to shoot in horizontal mode - but Snapchat and others are rejecting this approach.

Sexist T-shirt targeted to teens

A T-shirt being sold in Target's juniors section has sparked anger from shoppers on social media.

US superstore Target faces intense backlash for top which suggests women are "objects to be bought, won and used."

Key quiet on coalition airstrikes in Syria

Defence Minister Gerry Brownlee and Prime Minister John Key. Key would not comment on a push from his British counterpart to begin airstrikes on terror targets in Syria.

Prime Minister John Key refuses to be drawn on a push for British forces to begin airstrikes on terror targets in Syria.

Foreign demand for existing Australian properties rises

Foreign buyers have "pulled back a little" in the Australian new property market.

Foreign demand for new apartments and houses in Australia eased in the June quarter, but rose in the more restricted market for existing properties.

China set for gold buying spree

Analysts believe China will become a bigger bullion buyer as it vies to position the yuan as a global reserve currency.

China is set to grow its modest bullion stocks as it aims for the yuan to become a global reserve currency.

Chinese foreign investment in Australian property tipped to surge

"Australians might think they've seen a lot of Chinese investment in the Sydney and Melbourne property market, but we ain't seen nothing yet." says Colonial First State's Stephen Halmarick.

Australians might think Chinese investors have pushed up property prices, but "we ain't seen nothing yet", according to experts.

Hack threatens would-be adulterers

A group or individual called The Impact Team has claimed responsibility for the attack.

Adultery website hack may expose addresses, and sexual preferences of millions of would-be cheaters.

Greek banks reopen video

People enter a bank in Athens after Greek banks reopened after three weeks of closure.

Greece reopens its banks and starts the process of paying off billions of euros owed to international creditors.

Call for eurozone government after Greece crisis

French President Francois Hollande said Europe had let its institutions become weaker and admitted the European Union's 28 members were "struggling to find common ground".

The President of France has called for the creation of a eurozone government and for citizens to renew their faith in the European project.

Page, Brin $12 billion richer

Surge in Google stock leaves Google co-founders Larry Page and Sergey Brin with a big windfall.

Surge in Google stock leaves Google co-founders Larry Page and Sergey Brin with a big windfall.

Arrests after viral sex video

The Sanlitun Uniqlo store in China has become popular with people taking selfies after a sex tape went viral.

A young couple at the centre of a viral sex video that outraged Chinese authorities have been arrested, reports say.

Greek banks set to reopen

Pensioners line up outside a National Bank branch in Athens, Greece.

Cash withdrawal limits will stay in place when Greek banks open for the first time in three weeks.

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