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![NZ firms to gain from aussie dollar surge](/pf/resources/images/placeholders/placeholder_l.png?d=798)
NZ firms to gain from aussie dollar surge
New Zealand tourism businesses and manufacturers that export to Australia are expected to be the winners from a strengthening Australian dollar.
![Botherway had no operational role in Hubbard probe, says commission](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Botherway had no operational role in Hubbard probe, says commission
Simon Botherway, accused of a conflict of interest in the Hubbard case, had no operational role in putting him into statutory management, says the Securities Commission.
![M&A dominates Wall St, gold holds hear high](/pf/resources/images/placeholders/placeholder_l.png?d=798)
M&A dominates Wall St, gold holds hear high
Mergers and acquisitions dominated activity on Wall St, with almost US$10 billion of deals announced as the S & P 500 Index held near a four-month high.
![Assembling a fortune, deal after deal](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Assembling a fortune, deal after deal
After leaving Christchurch's Xavier College at 16 Eric Watson's first job was as a butcher's apprentice. He later became a sales and branch manager at Whitcoulls, then a manager at Xerox, before beginning a business career.
![Trouble in Eric's empire](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Trouble in Eric's empire
After the Hanover debacle, Eric Watson might have hoped for a big win with his latest venture in the US. So far, it isn't working out that way, reports Denise McNabb.