State-owned electricity company MightyRiverPower is dissolving a five-year-old investment partnership in American and German geothermal developments, taking 100 percent control of development opportunities in Chile and a 20 percent interest in a Californian geothermal producer. The move comes ahead of next Thursday’s half-year profit announcement for the company, which is slated for partial privatisation by mid-year, although those plans may …

Investors in the frozen Hubbard Management Funds will get all of their capital back, though anyone who’s already been paid more than what they put in won’t get anything more. how to write a college essay Statutory managers Graeme McGlinn, Richard Simpson and Trevor Thornton of Grant Thornton said 208 of the 300 investors who faced a potential loss will …

New Zealand retail sales recorded the fastest growth in six years in the fourth quarter, adding to signs of a rebound in consumer spending and sentiment, and sending the New Zealand dollar to its highest level in five years. The total volume of retail sales rose 2.1 percent, seasonally adjusted, in the final three months of 2012 and rose 2.9 …