Top business stories from nzherald.co.nz for Tue, May 12:
Property figures show battered market may be stabilising
New Zealand's battered residential property market is showing fresh signs of stabilising, says the Real Estate Institute, which has released new figures showing median prices up in April and the average time taken to sell falling.
Air NZ in merger talks by end of year, says aviation think tank
An aviation industry think tank is expecting to see Air New Zealand in merger talks with another airline by the end of the year.
Glum times in the Grotto - Playboy revenue slumps, 100 jobs cut
NEW YORK - Executives at Playboy's parent company are considering cutting the magazine's frequency, reducing circulation or raising prices in order to save the money-losing publication.
Blue Chip guilty of 'financial rape' of investors, court told
About 250 Blue Chip victims hope to claw back some of their losses through a six-week High Court hearing.
