The tumbling pound is proving a boon for the British tourist industry.

The kiwi traded at 70.42 US cents as at 8am from 70.47 cents yesterday.

The kiwi rose to 57.04 British pence as at 8am in Wellington from 56.82 pence late yesterday.

Shareholders have overwhelmingly backed plans to sell the firm's Taupo wood processing mill and wind up the business.

This week the Reserve Bank is expected to reiterate it won't raise interest rates any time soon.

BP New Zealand is selling down part of its holding in the nation's only oil refinery operator, NZ Refining.

The kiwi dollar fell to 69.73 US cents as at 8:30am in Wellington from 69.91 cents late yesterday.

New Zealand's petrol companies are weary of change to customs excise law.

The New Zealand dollar surged about 1 US cent after the US Federal Reserve raised interest rates.

The dollar stuck to a very tight range as the by Fed policymakers is about to get underway

A two-day meeting by Federal Reserve policymakers is expected to result in the first of a series of rate hikes this year.

The kiwi dollar traded at 64.82 euro cents as at 8am in Wellington.

A Nelson businessman has been banned from managing a company for a record 10 years.

The New Zealand dollar remained out of favour yesterday, falling 1.7 per cent on the week against the greenback.

Restaurant Brands lifted fourth quarter sales 37 per cent to $121.6m.

The New Zealand dollar dropped to a new two-month low.

Problems with the NZX's trading system has delayed the stock market from opening today.

New Zealand Oil & Gas plans to return $100 million of the $168m it reaped on the sale of its stake in the Kupe oil and gas fields.

Shares of Snap have surged 41 per cent in their debut, as this year's most-hyped technology public offering joins the bourse.

Britons are dying because of the Volkswagen emission scandal with dozens killed from fumes travelling across the North Sea from Germany

The New Zealand dollar extended its decline to a seven-week low.

New York Federal Reserve President William Dudley talked up the prospects for US interest rate hikes.

The kiwi increased to 72.17 US cents as at 8am in Wellington from 71.82 cents late yesterday.

New Zealand Refining's annual profit sank 69 per cent from a record a year earlier.

Donald Trump's address before Congress tomorrow Federal Reserve Chair Janet Yellen's talk on Friday are seen as the major events this week.

The New Zealand dollar rose after the US Treasury indicated it would take time for fiscal policy reform to impact the US economy.

The Federal Reserve's latest meeting showed concern that a strong greenback could hurt US economy.

The kiwi traded at 71.62 US cents as at 8am in Wellington, having sunk as low as 71.27 cents ahead of the GlobalDairyTrade auction.

Kate McKenzie became the sole woman at the head of an NZX50 company when she started her new job as Chorus chief executive yesterday.

New Zealand Oil & Gas is in talks with prospective partners for the deepwater Barque prospect off Oamaru's coast.