The $6.3bn takeover by Graeme Hart's Reynolds Group of Pactiv Corporation was challenged in a lawsuit by a trade union pension plan.

The founders of jewellery retailer Michael Hill International are planning to consolidate their shareholdings in the NZX-listed company as part of a bid to gain voting control.

At Merrill Lynch in 1998, the ever-cheerful John Key was nicknamed "the smiling assassin" after he fired some 50 members of his team.

Regulators should move quickly to stamp out low-ball share buying offers, says DNZ chair Tim Storey.

The deleveraging story may be completely back to front. The problem is not too much debt, but not enough of the good stuff.

Local wireless internet provider Tomizone has partnered with Skype to promote the global giant's new web access product to NZ users.

A mystery investor is talking to NZ Farming Systems Uruguay in a move which could spark a three-way scrap over the NZX-listed company.

Singer-songwriter Bjork is spearheading a push to put foreign energy takeovers to referendum if enough people oppose the deals.

The New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.

Fonterra says it has set a new export record, sending 2.1 million tonnes of product to market for the first time in its nine-year history.

Australia's undecided federal election will have a downward effect on the markets today.