An Arab proposal to extend the international treaty at the centre of internet negotiations in Dubai has drawn a strong response. Great Britain and the United States have both strongly opposed the restrictive measures. The 22-page proposal lead by the United Arab Emirates is backed by Russia, Saudi Arabia, Algeria and Sudan. Under the terms, “governments, the private sector and civil …

Jevic New Zealand, a company that pre-vets imported used vehicles, offered to buy all the shares of Vehicle Inspection New Zealand, valuing the target at $4.1 million. Jevic is offering $1.65 a share for VINZ, the vehicle inspection company that trades on the Unlisted platform. The offer represents a 10 percent premium to VINZ’s last trading price of $1.50. Jevic …

New Zealand politicians are wary of racking up more criminal penalties on directors who breach their duties to companies and creditors, and have asked the government to take another look at pending legislation. Parliament’s commerce select committee supports Commerce Minister Craig Foss in taking another look at the drafting of legislation that would criminalise directors for breaching their fiduciary duties, …