The fall in the number of UK Facebook users had led many to speculate that Facebook has hit a saturation point in developed markets like the UK and could be going backwards.

Trade Me shares are out of a trading halt, with Fairfax now having sold all its shares to a "broad range of institutions" at a five per cent discount.

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

The ease with which Moa Group raised $16 million through its stock exchange float shows the thirst Kiwi investors have for "great New Zealand companies".

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.

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.

The Maori Council does not speak for Maori affected by the partial sale of Mighty River Power, according to Finance Minister Bill English.