The policymakers of the US Federal Reserve will meet over two days this week and investors are positioning themselves just in case the central bank further details its plan to rein in its bond buying. And that’s exactly what the International Monetary Fund is asking Fed Chairman Ben Bernanke to do. In its annual review of the US economy, released …

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TrustPower, the electricity generator and retailer controlled by Infratil, generated less energy for fewer customers as competition remained intense in the first quarter. TrustPower generated 579GWh in the three months ended June 30, 4 percent below the same period a year earlier and 5 percent below expected long-term average production, reflecting lower North Island hydro and wind production, the Tauranga-based …