The fiscal update forecasts the budget deficit will widen to around 12.1 billion New Zealand dollars, equivalent to US$7.2 billion, in fiscal 2026, up from a deficit of NZ$10.1 billion in fiscal 2025.

Dow Jones Top Company Headlines at 11 PM ET: Walmart to Cut 1,500 Corporate Jobs in Restructuring | Sanofi ... Walmart to Cut 1,500 Corporate Jobs in Restructuring The retailer is planning layoffs in ...