Business - Radio New Zealand Folding smartphone could be released next year 2018-07-19T16:19:24.000000000+12:00 Samsung is planning to release a foldable-screen smartphone next year, according to a leak to an American news outlet. Google hit with record $7 billion EU antitrust fine 2018-07-19T08:35:59.000000000+12:00 EU antitrust regulators hit Google with a record fine and ordered it to stop using its Android mobile operating system to block rivals. FMA has insurance companies in its sights 2018-07-18T15:56:18.000000000+12:00 Thousands of consumers may be millions of dollars out of pocket because insurance companies have improperly put their commercial interests ahead of clients. Bank profits under pressure as asset quality declines 2018-07-18T08:43:26.000000000+12:00 The record run of growth in banking profits has come to an end as they fell to the pressure of higher bad debts and operating costs and a squeeze on margins. Dairy prices fall for fourth auction 2018-07-18T07:28:53.000000000+12:00 Dairy prices have fallen to their lowest level in seven months in the latest global auction, with sizeable drops in butter and cheese prices Amazon's Jeff Bezos beats Bill Gates in new rich list 2018-07-18T07:23:28.000000000+12:00 Amazon founder Jeff Bezos is now worth $US150 billion, according to the Bloomberg Billionaire Index. Big banks 'benefit' from KiwiSavers left in default schemes 2018-07-17T17:42:22.000000000+12:00 KiwiSaver providers, including the big-five Australian banks, are behaving like a cartel by not switching people to more aggressive saving schemes, a financial advisor says. Inflation perks up in Q2, annual rate perks up 2018-07-17T17:38:47.000000000+12:00 Consumer inflation has perked up in the past few months on the back of higher housing and fuel costs. Seafood companies slammed over treatment of foreign crew workers 2018-07-17T12:31:36.000000000+12:00 Seafood companies are being told to take responsibility for the treatment of foreign crews catching fish for them. Netflix shares tank after missing subscriber targets 2018-07-17T12:25:54.000000000+12:00 Netflix's subscriber growth fell short of Wall Street expectations, sending shares of the normally high-flying stock down 14 percent on fears that the company's expansion is slowing.