The man who blew the whistle on American Bernie Madoff, and two Federal Bureau of Investigation (FBI) investigators of massive U.S. insider trading activities, are heading to New Zealand. They will be attending two inaugural events being hosted by the New Zealand Serious Fraud Office (SFO) in February 2013 – one of those, open to the business community. Simon McArley, …

Rumble Seat Columnist Dan Neil test drove all of this year’s hottest cars from the 2012 BMW 330i to the 2012 Porsche Panamera GTS. Here’s a look at those and the rest of the year’s most expensive, fastest, and coolest cars from around the world.

Fonterra Cooperative Group, the world’s biggest exporter of dairy products, is seeking consents to build a new milk powder plant at Pahiatua, more than doubling output from the site and mopping up surplus milk in the lower North Island. The third drier at Pahiatua would process 2.5 million litres of milk a day, making it a similar size to its …

The New Zealand government”s operating deficit was wider than forecast in the first four months of the financial year as the Crown clipped a smaller tax take on consumer spending and wages. The operating balance before gains and losses (obegal) was a deficit of $2.87 billion in the four months ended Oct. 31, $169 million, or 6.3 percent, bigger than …

Hallenstein Glasson Holdings, the clothing chain, said sales in the first four months of the year are up 7 percent and profit is ahead of the same period last year. “While this is a good start, the success of the first half of our financial year hinges on our December trade,” chairman Warren Bell told shareholders at their annual meeting …

Share trading on the NZX jumped by more than a fifth in November, a month that saw the benchmark NZX 50 Index rally to near its highest level in five years, helped by KiwiSaver contributions and offshore demand for higher yields. Total trades on NZX’s cash markets climbed 21 percent to 80,894 last month from a year earlier to $3 …

Revenue Minister Peter Dunne has jumped into the multinational tax row saying tax systems around the world are adjusting to corporate giants with huge internet footprints, but very little physical presence. Dunne has requested a report from Inland Revenue into the tax treatment of such companies. “Our tax laws need to evolve and they will. This is a challenge, and it …

UK MPs argue that Starbucks, Google, and Amazon ‘immorally’ minimize their tax obligations. Lex’s Robert Armstrong and Oliver Ralph discuss how global companies may react.

Simon Constable and Scott Austin review the year’s biggest tech stories, which span from Apple’s multiple product launches, one very high-stakes tech trial, and the most-watched IPO in recent history.

The mystery buyer of Kirkcaldie & Stain’s Harbour City Centre on Wellington’s Lambton Quay has walked away after deciding the building wasn’t the right fit as an investment. The bidder for the $46.5 million property confirmed it wasn’t satisfied with the building after deciding the rear development site of the building didn’t fit its business plan, Kirkcaldie said in a …