State Owned Enterprises Minister, Tony Ryall, has announced the reappointment of Prue Flacks to the Board of Mighty River Power. Flacks has been an MRP director since May 2010. She is a barrister and solicitor with extensive specialist experience in commercial law, banking and finance and securities law, and a consultant to Russell McVeagh, where she was a partner for …

Telecom Corp, which carved out its network unit last year to shed regulatory burdens, wants to boost usage of its mobile roaming services with a new flat fee structure for its post-paid customers. The Auckland-based company wants to grow its revenue over time by getting mobile customers to use their voice and data services when travelling abroad, chief executive Simon …

he New Zealand dollar may gain this week though that would likely require further new measures from the US Federal Reserve and strategists are divided on whether it would take such a step without the fiscal cliff being resolved. The kiwi dollar recently traded at 83.32 US cents, edging up from 83.24 cents in New York on Friday after Fonterra …