Tough words from The Australian’s veteran business commentator John Durie this afternoon. The bottom line in the APN News & Media battle is as things stand, the equity raising is dead. “Shareholders own the company, not the chief executive Brett Chenoweth and chairman Peter Hunt, who now have no choice but to resign. ” Durie then dishes out a basic …

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. Today newzealandinc.com looks at China through the lens of a life-long educator. Ryan Scott …

The Australian reports that APN News & Media’s second-largest shareholder, Simon Marais, supports the potential resignations of the company’s chief executive and chairman, and will not support a proposed capital raising. “It’s better that they go because it’s a silly thing to do … putting the cart before the horse,”  Marais, the managing director of fund manager Allan Gray, told …