Tag: New Zealand

The Next Chips to Transform EVs Could Be Made From Wood
World

The Next Chips to Transform EVs Could Be Made From Wood

Listen to article(2 minutes)ADELAIDE, Australia—Ivan Williams reckons he can help to break China’s dominance of a key ingredient of electric-vehicle batteries. To do so, he has been collecting wood chips from sawmills around the world.At a test plant in New Zealand’s picturesque Marlborough wine region, Williams and his team feed the wood chips into machines that turn out a form of synthetic graphite. He says the engineered material is as pure as synthetic graphite made from fossil fuels, which is mostly produced in China and can account for as much as half of the weight of a lithium-ion battery.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Next Chips to Transform EVs Could Be Made From Wood
Money

The Next Chips to Transform EVs Could Be Made From Wood

Listen to article(2 minutes)ADELAIDE, Australia—Ivan Williams reckons he can help to break China’s dominance of a key ingredient of electric-vehicle batteries. To do so, he has been collecting wood chips from sawmills around the world.At a test plant in New Zealand’s picturesque Marlborough wine region, Williams and his team feed the wood chips into machines that turn out a form of synthetic graphite. He says the engineered material is as pure as synthetic graphite made from fossil fuels, which is mostly produced in China and can account for as much as half of the weight of a lithium-ion battery.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Australia to ban import of disposable vapes, citing “disturbing” increase in youth addiction
Health

Australia to ban import of disposable vapes, citing “disturbing” increase in youth addiction

Sydney — Australia will ban imports of disposable vapes from January 1, the government said Tuesday, slamming the devices as recreational products addicting children. The block on single-use vapes is aimed at reversing a "disturbing" increase in vaping among young people, Health Minister Mark Butler said. Australia first revealed the import ban in May but had not given a start date until now. Vaping had been sold to governments as a tool to help long-term smokers quit, Butler said. "It was not sold as a recreational product, especially not one targeted to our kids, but that is what it has become," the minister said. "The great majority of vapes contain nicotine, and children are becoming addicted." ...
US dollar listless as markets brace for post-Thanksgiving buzz
Business

US dollar listless as markets brace for post-Thanksgiving buzz

LONDON: The US dollar began the last week of November on the back foot and was on track for its biggest monthly drop in a year as traders eyed fresh economic cues in the week ahead to determine the future path of policy rates. A postponed OPEC+ meeting, the release of the Federal Reserve's tracked measure of inflation alongside consumer prices data in the euro zone and Australia fill this week's calendar, which will also see a rate decision from the Reserve Bank of New Zealand and Chinese PMI data. The dollar index, which measures the currency against six major peers, slipped as much as 0.2% to 103.22 and was headed for a monthly loss of more than 3%, its worst performance in a year. "Expectations are that US rates have peaked which suggests it's time to get out of the dollar," said Colin...
Match Preview – India vs New Zealand, ICC Cricket World Cup 2023/24, 1st Semi-Final
Sports

Match Preview – India vs New Zealand, ICC Cricket World Cup 2023/24, 1st Semi-Final

Big picture: Big stakesFirst, the unstoppable force. India are having the World Cup of their wildest dreams and it has nothing to do with the fact they are undefeated in it. That is merely a byproduct of their planning leading into the tournament. They left 2019 needing… more. So they went out searching, trying as many as 50 different players across four years and 66 matches. Six months out from the showpiece, they had identified who they wanted and were focused on sharpening their skills. In the 15 ODIs between March and October 2023, they were picking all of their XIs from a set of 24.The chosen ones were given all the support they needed to live up to their full potential, which is why Suryakumar Yadav finally looks like he belongs in ODI cricket. Off the field, India were doing even b...
New Zealand’s Services Sector Returns to Contraction
World

New Zealand’s Services Sector Returns to Contraction

SYDNEY—Activity across New Zealand’s services sector returned to contraction in October, which BNZ says raises the probability that GDP growth slowed sharply in the third quarter.The BusinessNZ performance of services index stood at 48.9 in October, down 1.7 points from September, and well below the long-term average of 53.5 for the survey.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
New Zealand’s Jobless Rate Rose Sharply in Third Quarter
World

New Zealand’s Jobless Rate Rose Sharply in Third Quarter

SYDNEY—New Zealand’s unemployment rate rose sharply in the third quarter as the job market cooled due to the strain higher interest rates, while the supply of workers rose due to solid immigration rates.The seasonally adjusted unemployment rate was 3.9% in the third quarter, compared with 3.6% in the prior quarter, StatsNZ said Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
South Africa Holds Off New Zealand to Win the Rugby World Cup
World

South Africa Holds Off New Zealand to Win the Rugby World Cup

On any given day, whichever 15 men happen to be wearing the jersey of the New Zealand All Blacks can be the most fearsome outfit known to rugby. The problems begin when there are only 14 of them. New Zealand learned that lesson the hard way on Saturday inside the Stade de France, where the first ever red card in a Rugby World Cup final left the All Blacks a man short for nearly three-quarters of the match against South Africa, the No. 1 rugby union team in the world. The Springboks are a grueling enough machine to face when things go right. But when things go wrong against them from the opening minutes, you end up losing the World Cup.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8