A volcanic ash cloud, which originated in Chile on 4 June and has caused significant disruption to air travel around Australia and New Zealand since 12 June returned on Tuesday to Australasia forcing further cancellations for at the least the next 48 hours.
A cloud of ash from an erupting volcano in Chile has drifted over the Atlantic and Indian oceans to lie over southern parts of New Zealand and Australia, prompting the cancellation of dozens of flights.
Environmentalists in New Zealand asked the government to halt an offshore oil exploration project being conducted for Brazilian oil giant Petrobras in the wake of the deaths of dozens of penguins, the press reported.
Brazilian oil giant Petrobras suspended an offshore survey Sunday in New Zealand after several environmental activists jumped into the water to block the passage of the ship conducting the study, reports the NZ press.
New Zealand's central bank has cut the cost of borrowing to try to reduce the economic impact of the earthquake in Christchurch, the country's second largest city. The Reserve Bank of New Zealand cut the key interest rate 0.5 points to 2.5%.
About 70,000 people, or 20% of the population, have fled Christchurch, New Zealand's second-largest city, since last week's devastating earthquake, Mayor Bob Parker said Friday.
Football's governing body FIFA said Thursday that they had achieved a profit of 631 million US dollars over a four year period starting 2007. FIFA revenue during this period was 4.189 billion USD, while the expenses amounted to 3.558 billion USD, the organisation said in a statement.
One of the world's biggest re-insurers Swiss Re described the New Zealand earthquake as a ''significant event'' for the global insurance industry, as it warned insurance losses from the disaster could top 12 billion US dollars.
New Zealand’s newest offshore patrol vessel and its crew experienced all Antarctica could throw at them during the past three weeks and passed with flying colours, the navy says.
A week-long search for a Norwegian yacht missing in Antarctic waters with three men aboard has been abandoned, New Zealand's Rescue Co-ordination Centre announced Monday.