The Environmental Protection Agency wrongly delegating responsibility for assessing the environmental impact of an oil spill when it gave an exploration permit to Texan oil company Anadarko, counsel for Greenpeace New Zealand told the High Court in Wellington today. The EPA erred in law when it let Anadarko drill an exploratory well of the Waikato coast by not seeking key …

The New Zealand dollar may rise this week as sentiment turns against the US dollar even as data shows the world’s largest economy is improving. The local currency may trade between 80.80 US cents and 84.50 cents this week, according to a BusinessDesk survey of 11 traders and strategists. Nine expect the currency to advance while two say it may …

Bennetts Group, the family-owned tertiary textbook company, has acquired the assets of Jasons Travel Media from the receivers for an undisclosed sum. The travel and accommodation guide publisher last month told its lenders to appoint a receiver because of the company’s deteriorating financial position. Jasons Travel was in talks with its lenders earlier this year after breaching its banking covenants, …