Equities on both sides of the Atlantic dropped, along with oil, after a report showed Germany’s industrial output slumped more than expected in August, while the International Monetary Fund downgraded its forecasts for the global economy. The euro-zone’s engine economy is spluttering. A government report showed German production, adjusted for seasonal swings, sank 4 percent in August, after increasing 1.6 …

Energy and Resources Minister Simon Bridges has formally requested the Electricity Authority conduct an inquiry into the Auckland power outage. All power has been restored to the 85,000 households and businesses that had their electricity cut in the early hours of Sunday morning after fire damaged cables at Transpower’s Penrose substation.  The two days of disruption costs millions of dollars in lost sales …

New Zealand stocks rose, led by Warehouse Group, following Friday’s rally on Wall Street as jobs data boosted confidence in the world’s largest economy’s recovery. Summerset Group Holdings gained on its third quarter sales. The NZX 50 Index edged up 4.32 points, or 0.08 percent, to 5241.314. Within the index, 26 stocks rose, 13 fell and 11 were unchanged. Turnover was a lighter-than-usual $69 million as Australia’s …