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Supreme Court clears way
John Key's Government has cleared the final hurdle for its flagship asset sales policy and is set to press the go button on the sale of Mighty River shares on Monday.
John Key's Government has cleared the final hurdle for its flagship asset sales policy and is set to press the go button on the sale of Mighty River shares on Monday.
John Key and Bill English have been on tenterhooks waiting for the Supreme Court judgment on the Mighty River sales process, writes Fran O'Sullivan.
Good news, bad news - Fisher Funds buying Tower's investment business means it will stay local, but there'll be less competition.
Meridian Energy says it's ready for partial privatisation and expects a significant uplift in operating earnings after transmission outages knocked its performance.
Sky Network Television has reported a 9 per cent gain in first-half profit as subscribers migrated to its My Sky premium service and spent more.
Wall St extended losses for a second day amid concern the Federal Reserve's stimulus for the US economy might end sooner than expected.
New Zealand shares fell, pushing the NZX 50 to a month-low.
Prime Minister John Key has backed away from statements to Parliament about SkyCity hatching a land deal with TVNZ.
TVNZ says it has had no approach from SkyCity to buy its land for the proposed convention centre, contrary to the Prime Minister's assurances yesterday.
Fletcher Building engineers are assessing Mainzeal Property & Construction sites and the company hopes to finish some of the 40 jobs and employ subcontractors and some members of Mainzeal's 400 staff.
SkyCity asked for taxpayers to pay for the marketing and promotion of the international convention centre, but the Government ruled it out.
The hot dry summer in the North Island is helping to push world dairy prices up - but the high kiwi dollar is taking the cream off the top.
One of the highlights of this job each year is reviewing the latest iteration of the Global Investment Returns Yearbook...
In the fifth straight gain, prices in the latest world dairy auction rose 3.1 per cent overnight, takings prices to their highest level in five months.
SkyCity got special treatment in its pitch to build the international convention centre - but nothing which will get in the way of a formal deal being struck.