To The Moon

New Zealand’s new central bank governor to face credibility testRBNZ governor expected to be announced in coming weeksCentral bank under pressure from weak economy, critical governmentInterim governor Hawkesby seeking permanent roleMcDermott, Stephens among other names reported to be potential candidatesBy Lucy Craymer

UPDATE 1-Spark NZ to sell 75% of data centre business in deal valued at $419 millionAdds further details from paragraph 3 onwards, CEO quote in paragraph 6Aug 12 - Spark New Zealand SPK.NZ said on Tuesday it will sell a 75% stake in its data centre business to Australian fund manager Pacific Equity Partners, valuing the business at up to NZ$705 million . The telecom company expects to receive approximately NZ$486 million in cash proceeds from the transaction. The company said that bringing on Pacific Equity as a capital partner will secure funding for planned data centre capacity expansion.Spark will retain a 25% stake to maintain its presence in New Zealand’s growing market for AI infrastructure.The data-centre assets and operations will be transferred into a new stand-alone company, provisionally named "DC Co," with its own management team and financing facilities.Chief Executive Jolie Hodson said DC Co has "advanced plans in place" for a greenfield site on Auckland’s North Shore an

New Zealand Prime Minister Christopher Luxon has conceded the government is unlikely to win a reduction in the tariff rate the US has applied to New Zealand goods.Officials were taken by surprise...

Trump posted on his Truth Social:Jerome “Too Late” Powell, a stubborn MORON, must substantially lower interest rates, NOW. IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!

UPDATE 3-Tesla's California sales down for seven straight quartersAdds background and details in paragraphs 3, 4, 9-11

Tesla's V4 superchargers begin operation in ChinaBEIJING, June 30 - Tesla's TSLA.O first batch of V4 superchargers has begun operation in China, covering Shanghai, Chongqing, Gansu and Zhejiang provinces, the U.S. automaker said on Monday.The superchargers will gradually be deployed in Beijing, Guangdong province and other Chinese localities and will be open to other electric vehicle brands, the automaker said.

ADVISORY-Story on Tesla hiring Cruise AI executive withdrawnA story saying Telsa had hired a former Cruise AI executive has been withdrawn. Reuters provided a media link to a story on the news website