Former National Bank chairman John Anderson concluded Timaru businessman Allan Hubbard had misled investors in his tangled affairs, in a report written shortly before Hubbard’s death in a car accident in September 2011. The report by Anderson and Deloitte insolvency specialist Rod Pardington has been released after a 16 month wait that included an appeal to the Ombudsman’s Office, which …

Prime Minister John Key will visit Antarctica from 17 to 21 January to highlight New Zealand’s interests and activities in Antarctica and the Southern Ocean. Key will visit New Zealand science and environmental management programmes, view New Zealand’s historic hut conservation projects, and participate in a ceremony celebrating the installation of Maori artwork at Scott Base. “New Zealand has a history of ground-breaking exploration, scientific …

US fourth-quarter earnings season picks up speed in the coming days with some of the major banks reporting. A slew of banks are set to report this week, including Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup and Morgan Stanley. Earnings for financial companies in the S&P 500 grew 16 percent in the fourth-quarter, according to data compiled by Bloomberg. …