Brazilian oil company Petrobras has handed back exploration licences it holds for deep sea oil and gas prospects off the North Island's East Cape.

Fast food chain and franchisor BurgerFuel Worldwide has opened its largest store ever, in the capital city of Saudi Arabia.

Shares in Moa Group, the boutique beer maker doing NZ's first initial public offering of the year, have started trading on the NZX at an 8 per cent premium.

The ramifications of an inquiry's findings into Pike River are potentially huge.

Todd Energy report says mining technique is used safely in NZ.

Fonterra has today released details of its $500 million public offer, which will be by far the biggest issue to hit the NZX this year when it lists on November 30.

The Serious Fraud Office has charged options trader Greg Arnott for using some $2.5 million of investor funds for other purposes, and may charge another person.