Spain's looming debt crisis has already overshadowed the result from Greece's general election during the weekend, with more market volatility and increased risk to investors hovering on the horizon.
The future of Queenstown building company Hartland Construction Ltd, which was placed into voluntary administration almost a month ago, will probably be known following a creditors' meeting next week.
Motor Trade Finances (MTF), of Dunedin, has successfully raised $100 million in a fully subscribed medium-term note issue, only the third securitisation in the country since the global financial crisis.
A University of Otago student's idea to replace 25 billion styrofoam cups with a biodegradable product grown from Oyster mushroom fungus filaments has won an international contest.
A patchy and gradual recovery to New Zealand's economy is expected to be reflected in gross domestic product (GDP) data due out on Thursday.
Manufacturing data for Otago Southland reveals thewallowing sector has at least returned to an even keel, but still lags behind two of the other three regions around the country.
Next week could become a defining moment for the global economy, with the outcome of Greece's election this weekend having potential to splinter the European Union, prompting central banks around the world to work on contingency plans.
Dual-listed southern coal bed methane gas explorer L&M Energy is looking to list on the mining-friendly Toronto stock exchange, in preparation to accelerating exploration drilling in Taranaki during the next 18 months.
Declining global oil prices have wiped 14c off the cost of fuel for New Zealand motorists in recent weeks, with the latest 3c cut edging prices closer to $2 per litre.
Most of the balance of each country's reserves would be in foreign currency denominated sovereign bonds. One tonne of gold is 35,274oz. At the recent global spot price of $US1600 an oz, a tonne is worth $US56.4 million ($NZ72.7 million).
Exploration of the Great South Basin for oil and gas may be revived, with four offshore blocks near Dunedin among 23 onshore and offshore areas formally put out to tender by the Government.
Port Otago and Fonterra are undertaking a workplace trial in sharing their respective warehousing staff at peak times between two separate milk-powder warehousing areas at Port Chalmers.
Investor sentiment, currencies and stock exchanges initially buoyed by the 100 billion ($NZ161.8 billion) rescue package for Spain have soured as doubts surface as to whether the package will be large enough.
Environment Court challenges will be heard in October over resource consent permits issued to listed West Coast coal mine developer Bathurst Resources.
A litigious dispute over ownership and the proceeds of the sale of $1 million of Central Otago wines may be at end - the irony being there appears to be little money left in the pot for anyone to claim.
Dunedin-based Perpetual Trust - trustee of the failed Victoria Property Fund - has written to investors outlining fund manager Britannia Management's attempts to find ways to repay them.
An "in-house review" on behalf of clients who lost money in the failed Victoria Property Fund has been launched and Dunedin-based registered financial service provider Craig Myles has "stepped aside" from being a director of NZ Funds Private Wealth Ltd.
Large listed companies were not immune to global market jitters when the New Zealand stock exchange reopened yesterday, with losses soon mounting.
The Warehouse is seeking to raise $100 million from selling four sites in sale and leaseback agreements, with the proceeds reinvested in the company.
Dunedin-based biotech company Pacific Edge, which has developed a successful diagnostic test for bladder cancer, has absorbed multi-million dollar losses during the past eight years to get its product to market. Business reporter Simon Hartley tracks the path to its recently stated traget of reaching $100 million revenue by the end of 2018.
