The 'New Telecom' - formed when its Chorus network business is split off in November will be the third biggest company on the NZX and a potential takeover target.

Mark Weldon has announced he is stepping down as chief executive of NZX Ltd, the operator of the New Zealand Stock Exchange. NZX has just confirmed Weldon told the board he will step down as chief executive in the first half of next…

Former PGG Wrightson managing director Tim Miles received a $3m payment when he unexpectedly left the company last year, according to the company's annual report.