Boart Longyear has posted a steep loss and says it will review its operations after having slashed almost 3500 jobs in the past year.

Local brewing giant Lion is serving up a new take on Claytons - "the drink you have when you're not having a drink".

While 2013 will be remembered as a watershed year for New Zealand's capital markets, this year is also shaping up as being an important one.

They have superyachts, choppers and personal staff at their disposal - and New Zealand tops their list as a holiday destination. Ultra-wealthy travellers.

Beijing private equity firm joins options being weighed against IPO and Oz-NZ share float.

Xero's share price has continued to fall and shed more than 4 per cent yesterday as buying interest dropped away amid a market slump in the United States.