Greek Prime Minister Alexis Tsipras is likely to meet German Chancellor Angela Merkel and French President Francoise Hollande this week as tensions continue to rise about whether Greece is able to repay its debts.
The New Zealand dollar can claim the dubious honour of being the worst performing major currency against the United States currency over the past month, and by some margin.
China's economy has slowed sharply under the weight of major domestic imbalances. This will hurt global growth but the impact on the United States and European economies looks manageable. Business editor Dene Mackenzie reports.
The Chinese property market has shown signs of weakness since early last year but this time it is different from temporary declines in previous years.
The delay in Greece repaying its debt to the International Monetary Fund is likely to cause much market uncertainty in coming weeks.
Restaurant Brands reported a strong start to the financial year, underpinned by another stellar quarter at KFC, Forsyth Barr broker Suzanne Kinnaird said yesterday.
Greek's international creditors signalled they were ready to compromise to avert a default even as a defiant Athens warned it might skip an International Monetary Fund loan this week.
Spark New Zealand plans to buy back as many as 40 million shares on market for up to $100million this year after a series of asset sales left its balance sheet under-leveraged.
New Zealand's terms of trade rebounded 1.5% in the three months ended March but falling dairy prices mean the recent rise is unlikely to be sustained.
The New Zealand and Australian dollars fell sharply against the US currency yesterday, as US markets reacted to reports of improved household incomes and construction spending.
The Reserve Bank is likely to slash the official cash rate later this year, although most economists are moving away from a cut this month, now pointing to September for the first reduction and December for the second.
Business confidence is starting to slide from its recent highs, along with the confidence firms have in employment, investment and their own activity.
Sky Television recognised the importance of the on demand content challenge and is improving its existing offering and launching new services.
Dwelling consents continued to track sideways as signs emerge of Canterbury construction activity already tapering off.
When Michael Macknight is asked why he runs a worldwide business from Dunedin, he replies why not?
After driving growth for several years, mining investment has peaked in Australia and is declining significantly, in line with falling commodity prices, HSBC chief economist for Australia and New Zealand Paul Bloxham says.
Otago has maintained its fifth place on the ASB-Main report, with tourism continuing to drive economic activity in the region.
Bathurst Resources will delist from the NZX on July 3 as it continues to trim its operational costs.
Fisher & Paykel Healthcare enjoyed robust revenue growth in the year ended March to report record full-year earnings while increasing the dividend.
Logistics and transport company Mainfreight produced an annual result not typical of the past where it was bullish on everything, Craigs Investment Partners broker Peter McIntyre said yesterday.
