Inside US Trade is predicting the race for the WTO Director-General”s job is narrowing to an Indonesia-Brazil showdown.  As I noted in my column in the NZ Herald last week the key contest in the second “sudden death” round is between Groser, Brazil”s WTO ambassador Roberto Calvalho de Azevedo (reported as having an edge in diplomatic circles) and Indonesia”s former …

The Labour and Green parties’ new electricity policy has struck a new political blow, forcing the government to suspend the MightyRiverPower float overnight while it updates the offer document to would-be shareholders. The update also triggers a five day window for investors who’ve registered for shares in the partial privatisation of the state-owned electricity company to withdraw their commitment. The …

New Zealand shares rose as companies in regulated markets, such as Contact Energy and Chorus, recovered from last week’s selloff and among small caps, Ecoya soared after beating its earnings guidance. The NZX 50 Index rose 39.156 points, or 0.9 percent, to 4483.65, a record high close. Within the index, 35 stocks rose, 10 fell and five were unchanged. Turnover …