Business Desk

Fisher & Paykel Appliances Holdings Limited (Fisher & Paykel Appliances) has been delisted from the NZX.  Haier New Zealand Investment Holding Company Ltd (Haier) has reaffirmed its commitment to keeping Fisher & Paykel Appliances Kiwi.  Haier New Zealand Investment Holding Co chair Liang Haishan said Haier recognised Fisher & Paykel Appliances was a unique Kiwi company. “We think a key part of …

As the result of two successful prosecutions by the Ministry for Primary Industries (MPI), two men have been sentenced for separate breaches to the Biosecurity Act after being caught with prohibited plant material. In the first of two cases, Yaping Wang was intercepted on January 12 at Auckland Airport with a number of packets of seeds concealed in his jacket …

Revenue Minister Peter Dunne has launched two new tax scholarships named after Robin Oliver, a leading light in New Zealand tax policy in recent decades. Dunne said the scholarships will benefit New Zealand and its economy by supporting continued high quality tax policy. The Tax Policy Scholarship Award and the Tax Policy Lecture Visit will jointly be known as the Robin …

OUTLOOK CURRENCY: Some stabilisation seems in order with little to extend Friday’s moves. Unrest in Egypt , Catalonia elections, and the European Greek summit (market priced for resolution) have the potential to unwind some gains, but for now, gains look set to persist. RATES: After a quiet night, NZ rates are likely to open little changed. REVIEW CURRENCY: A positive …

Ahead of the first film premiere, the cast of Hobbit are primed to begin jetting around the world – on the side of an aeroplane.  Air New Zealand today unveiled its official Hobbit aircraft, which depicts characters from the upcoming fantasy adventure The Hobbit: An Unexpected Journey, the first film in the Hobbit trilogy. It will fly between Auckland, Los …

Finance Minister Bill English is off to take a first-hand look at the resources sector in Queensland and Western Australia. The trip will include meeting the premiers of Queensland and Western Australia, as well as mining and resources companies and sector groups. English will also visit the Port of Brisbane, Rio Tinto’s Tom Price iron ore mine in the Pilbara …

The civil rights icon’s son, who is being treated for bipolar disorder, faces a federal investigation into possible misuse of campaign funds and a congressional probe into his dealings with imprisoned ex-Illinois Gov. Rod Blagojevich.

What’s the next step in Israel, Hamas cease-fire? Former Israeli Ambassador Dore Gold weighs in.

Federated Farmers Grain & Seed is upbeat about the sale of Solid Energy’s agribusiness division of Biodiesel New Zealand which has resulted in the formation of a new company, Pure Oil New Zealand. “After hearing a few weeks ago it was possible Solid Energy could simply shut the doors of Biodiesel, this is the news oilseed rape growers have been …

Asia Society’s Suzanne DiMaggio says Beijing will closely monitor Barack Obama’s Asia trip to get a sense of how much the U.S. hopes to increase its influence in the region.