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Trade Ministers from the 12 negotiating countries for the Trans-Pacific Partnership (TPP) will hold a four day ministerial in Maui from July 28-July 31 to try and get agreement on the thorny issues holding up the resolution of the deal. “The upcoming ministerial provides an important opportunity to build on this progress as we work to conclude the negotiation,” said the formal …

341 global civil society organizations – including development advocates, trade unions, farmers’ organizations, consumer and environmental groups from over 100 countries – sent a letter to WTO members today urging them to abandon the WTO expansion talks and instead focus on an urgent agenda to fix existing damaging rules in the WTO. July 31, 2015 is the date by which …

Pushpay Holdings, the mobile payments app developer, boosted revenue 39 percent in the first quarter as growth in its US faith-based merchants offset a decline in its SMS business. Total annualised committed monthly revenue was $12.8 million at June 30, up from $9.2 million three months earlier, the Redmond-based company said in a statement. Merchant ACMR, which tracks its clients who use the PushPay …

LanzaTech New Zealand, the NZ-founded carbon recycling company, narrowed its annual loss as the company shifts into commercialisation from its previous development phase. The company reported a loss of $34.7 million in calendar 2014, smaller than the loss of $40.5 million a year earlier, according to financial statements lodged with the Companies Office. Including $2.8 million of exchange differences on foreign …

NZX, which is New Zealand’s only registered stock market operator, “strongly opposes” a bid by share trading platform Unlisted to be exempted from new licensing requirements, saying its lack of basic shareholder protections could tarnish the reputation of the country’s capital markets. Unlisted is petitioning Commerce Minister Paul Goldsmith for an exemption from being licensed by the Financial Markets Authority, as required …

Wednesday July 8: After an emergency eurozone leaders’ summit in Brussels, and as the eurozone prepares for a full EU summit on Sunday, there is enormous pressure on the Greek government as the country is on the verge of running out of money. There is also pressure on the other eurozone leaders, with the current situation deemed the most critical …

As news of Craig Norgate’s sudden death rippled around the world –  friends, colleagues, and business partners took to social media to share their shock, grief, and war stories. Norgate was Fonterra’s first CEO and a galvanic business leader who died at just 50. NZ INC. checks in on some messages that paint a picture of this out-of-the-ordinary man. “He …

The $18 million settlement reached between Hanover Finance’s directors and promoters and the Financial Markets Authority should be of some comfort to investors in what has become a “better regulated” market, Prime Minister John Key said. The FMA settled for just under half its $35 million civil claim, which was due to go to court later this year alleging misleading and …

Four of the Hanover directors and promoters involved in an $18 million settlement with the Financial Markets Authority say it’s the best outcome for investors and taxpayers, and the regulator would have failed in court. In a written statement, Mark Hotchin, Greg Muir, Tipene O’Regan and Bruce Gordon said they decided to settle because of the cost and burden of litigation …

Hanover Finance former shareholder Eric Watson isn’t contributing to the $18 million settlement reached between the Financial Markets Authority and directors and promoters of the group just two weeks before a civil claim was due to be heard in court. His name is omitted from the settlement agreement which lists contributions from the other five directors and promoters – Mark …