Air New Zealand is selling 19.98% of its stake in Virgin Australia to a privately owned Chinese conglomerate with interests across a diverse range of industries.
The already intensively competitive telecommunications market in New Zealand is likely to become much more ruthless for customers and contents should a potential merger go ahead.
Comment Sports fans have the most to win and lose from the proposed merger between SkyTV and Vodafone NZ , as content will become even more important when the merged group competes for customers.
Sealegs is a proud New Zealand company building boats for the world's rich and famous. But the amphibious craft also have another role, as business editor Dene Mackenzie finds out.
Whatever the Reserve Bank does tomorrow regarding official interest rates, it will be wrong, according to senior BNZ economist Stephen Toplis.
The impression given by the media there is near universal hand-wringing regarding high and fast rising house prices is not accurate, BNZ chief economist Tony Alexander says.
Dunedin's Nick Smith, made an Officer of the New Zealand Order of Merit today, still becomes emotional when he thinks about the people CTV employed in Christchurch who lost their lives in the February 2011 earthquake.
ANZ chairman John Judge left Dunedin on Friday night with plenty to think about after his week in the city as the University of Otago Business School's inaugural executive in residence.
The Crown accounts continued their journey into surplus in the 10 months to April, with an operating balance before gains and losses (obegal) of $297 million.
The national economy stood still in the three months ended March, the ANZ Regional Trends index failing to lift for the first time in five years.
Dairy auction prices started the new season in a positive way as the overall 3.4% average price rise was the second-highest of the year.
Investing in Z Energy has paid off well for the New Zealand Superannuation Fund.
ANZ chairman John Judge will today impart some of his wide business experience to a Dunedin audience as part of his week-long residency at the University of Otago Business School.
Voters will be presented with a viable alternative at the next general election after the Green and Labour parties agreed yesterday to present a united front in an effort to topple the Government.
The GlobalDairyTrade auction early tomorrow morning takes on more significance than usual because of Fonterra's first indication of next season's milk price being lower than the market consensus.
Business confidence continued to recover lost ground in May, rising for the third month in a row, according to the ANZ Business Outlook released yesterday.
New Zealand and Australia both moved up the IMD 2016 competitiveness ranking but the surprise in the release yesterday was the United States surrendering its lead as the world's most competitive economy.
Fonterra chief executive Theo Spierings has been linked to a report he is leaving the milk processing co-operative, a report the group management is strenuously denying.
Two key releases in the United States in this holiday-shortened week will be used as a guide to whether an interest rate rise by the Federal Reserve will happen as soon as next month.
The NZX50 reached a new high yesterday, something that is becoming a habit. But this time, it was the significant benchmark of 7000 points.
