The sale of media company MediaWorks has been confirmed this morning by its receivers KordaMentha.

The Commerce Commission has confirmed it will investigate a big Auckland car parking deal.

Kordia has sold Orcon to a group of local investors, headed by Vivid Networks managing director Warren Hurst.

Wall St extended losses for a second day amid concern the Federal Reserve's stimulus for the US economy might end sooner than expected.

The former private equity owners of New Zealand's Independent Liquor allegedly used a technique known as "channel stuffing" to artificially boost the company's earnings in the lead-up to its $1.5 billion sale to Japanese beer giant Asahi.

A legal stoush is brewing over the $1.5 billion price tag Japanese beer maker Asahi paid for Auckland-based Independent Liquor in 2011.

For some beer aficionados, Lion's acquisition of Dunedin independent brewer Emerson's was beyond the pale ale.

NZ Post has sold its 35pc stake in Datacom to the NZ Superannuation Fund for $142m.

The Warehouse's $65 million acquisition of appliance chain Noel Leeming Group has failed to impress one brokerage...

The Warehouse's purchase of appliance retailer Noel Leeming Group will help the Red Sheds secure well-known electronics brands.

The Warehouse Group has announced that it has bought the Noel Leeming chain of 92 electronics and appliances stores for $65m.

Economic Development Minister Steven Joyce and Endace founder Selwyn Pellett have exchanged blows on Twitter today.

New Zealand taxpayers - who have put millions of dollars into tech firm Endace - should not be happy about its impending takeover by a United States company, says its co-founder.