The US hedge fund manager renowned for shaking up Yahoo! has set his sights on Sony, proposing that the Japanese electronics giant spin off up to 20 per cent of its movie, television and music division

Mighty River Power shares will cost $2.50 each, a price the Government says was hit by Labour and the Green's announcement of a controversial power policy.

Prime Minister John Key spoke to Fran O'Sullivan about Chinese investor interest in New Zealand following his official visit to China.

The controversial Labour-Greens electricity market policy which has knocked 6 per cent off the value of Contact Energy has probably reduced the price the Government will get for Mighty River Power.

An flight attendant claiming she suffered sexual comments from a drunk passenger and bullying by managers has failed in a personal grievance claim against Air NZ.

Nick McDonald on a few things to consider before investing in Mighty River shares.

The past few years have seen some successful floats in New Zealand - notably Summerset, Trade Me and the Fonterra Shareholders' Fund.

Market players are divided over whether a bubble is forming around booming New Zealand tech stocks.

The political machinations around the electricity sector have definitely added an element of higher risk to the Mighty River Power float making it even harder for retail investors to make a call on buying into the soon-to-be-listed power company.

So far less than 10 per cent of those who bought into the Mighty River Power offer have pulled out as a result of the Labour/Greens electricity market overhaul proposal.

Half of those who intended to invest in Mighty River Power have changed their minds or are reconsidering, according to a Shareholders Association poll.

Both opposition parties will be hoping enough potential investors turn off the pending float so they can declare it a disaster, writes Fran O'Sullivan.

Investors should still consider buying into the Mighty River Power float despite the increased regulatory risk from Labour's proposed shake-up of the electricity market, according to one analyst.

Labour says its plan to bring down power prices is affordable despite losing out on state-owned power company dividends.