Author: Press Room

Published on 25/09/2025 – 15:02 GMT+2 ADVERTISEMENT A €400 million financing facility was formalised for Palestine during a signing ceremony in New York on Wednesday, held alongside the UN General Assembly. The program is structured as an intermediated facility, channelled through the PMA and local financial institutions, to improve access to finance for micro, small and medium-sized enterprises (SMEs) as well as mid-cap companies. The plan is part of an overall €1.6 billion EU facility over 2025–2027. European Commissioner for the Mediterranean Dubravka Šuica and EIB Vice-President Ambroise Fayolle sealed the agreement, together with the Palestinian ambassador to the UN…

Dairy co-operative Fonterra has reported a slight drop in full-year net profit, but still made more than a billion dollars with revenue up 15%.Chief executive Miles Hurrell said the full year ended July had been one of the co-op’s strongest years yet, with the current year positioned to deliver another positive result for shareholders.Key numbers for the 12 months ended July compared with a year ago:Net profit $1.079b (includes tax expense) vs $1.13bUnderlying profit $1.732b vs $1.527bRevenue $26.45b vs $23.0bReturn on capital $10.9% vs $11.3%Adjusted net debt $2.605b vs $2.620bEarnings per share 65 cps vs 67 cpsFull year dividend 57…

Foreign Affairs Minister Winston Peters is “brassed off” after New York road closures stopped him from attending a presidential reception, for the second time.Peters had been invited to a reception with Donald Trump on the sidelines of the 80th UN General Assembly in New York on Tuesday night (local time). But because of the sheer number of world leaders in the city at the moment, road closures are frequent as they travel around the Big Apple in their motorcades. Peters was unable to make it, a repeat of last year, when closures prevented him from attending the same event. Peters…

ADVERTISEMENT United States President Donald Trump made a string of misleading and false claims during his address to the United Nations General Assembly (UNGA) on 23 September 2025, including many aimed at the European Union and European countries in general. To determine where the facts lie, Euroverify has taken a look at Trump’s assertions.  On European immigration Addressing the UNGA, Trump attacked the whole continent of Europe for what he called “the unmitigated immigration disaster.” “It’s time to end the failed experiment of open borders. You have to end it now. I can tell you, I’m really good at this…

An Auckland dessert shop has been left bemused after a late-night break-in where the offender took no cash and instead made off with five of its 12-inch cheesecakes.The store manager at The Cheesecake Shop NZ in Papatoetoe, who asked not to be named, told 1News their store alarm was triggered around 11.30pm on Tuesday. Security footage showed a man had smashed through the front door and headed straight for a locked fridge containing some of the shop’s larger cheesecakes.After getting into the fridge he made off with two cakes, then returned about five minutes later and stole another three.The man…

Published on 25/09/2025 – 11:58 GMT+2 ADVERTISEMENT Donald Trump and Hungarian Prime Minister Viktor Orbán discussed Hungary’s Russian oil imports in a phone call yesterday evening, Hungary’s Foreign Minister, Péter Szijjártó, has confirmed. “The Prime Minister also spoke with President Donald Trump recently, and they discussed several matters, including the state of the war, the possibility of peace, the state of the world economy, the situation arising from the tariffs, and, of course, the issue of Central European energy supply. This happened a few hours ago,” Szijjártó told reporters after meeting with his Russian counterpart, Sergey Lavrov. Earlier, Donald Trump…

Three people, including two youths, have been arrested in Ōpōtiki amid “anti-social trail bike use”. The arrests follow a police search of four properties in the area this morning. During one search, a trailbike was found and impounded. Two young people were arrested at the scene. Another property of interest was searched under warrantless power. Officers found and seized cannabis, cash and a trailbike. A 25-year-old man was arrested over the items. He was due to appear in court at a later date, charged with traffic offences and drug-related charges.The two young people would be referred to the Youth Court.…

Housing and RMA Reform Minister Chris Bishop has welcomed Auckland Council’s decision to proceed with a new replacement plan for housing intensification.Yesterday, Auckland Council voted in favour of a housing intensification replacement plan that will see 10-15 storey high-rise zoning around public transport hubs.The council’s plans to allocate up to two million new homes across the city in the coming decades became clearer on Wednesday afternoon.The morning’s headlines in 90 seconds, including a serious crash closes roads in central Auckland, how smugglers try to sneak cigarettes into the country, and Zelensky’s message at the UN. (Source: Breakfast)Councillors voted for the…

An inquiry will look into National’s MP for Whanganui Carl Bates’ failure to declare 25 properties linked to him and his family.Many of the properties are rentals, but Bates has said he is merely a beneficiary and he was complying with the rules.When the properties came to public attention, a staff member posted on social media “he sought advice from the Registrar, one of New Zealand’s most senior and respected public servants and acted according to the advice he received. End of story. Keep up the good work Carl”.But the post was accidentally made under Bates’ account. It was deleted…

Jimmy Kimmel is back on his ABC late-night show, but it’s still a mystery when — or if — viewers in cities such as Washington, Seattle and St Louis will be able to see the American comedian again on their televisions.ABC stations owned by the Nexstar and Sinclair corporations took Kimmel off the air last week on the same day the network suspended him for comments that angered supporters of slain conservative activist Charlie Kirk. Those stations kept him off the air yesterday, when ABC lifted the suspension. ‘As I was saying…’ – Apologetic late night host makes rousing comeback…