BNZ boss elected chair of Bankers' Association

Bank of New Zealand chief executive Anthony Healy has been elected chair of the New Zealand Bankers’ Association for the next financial year.Healy takes on the role today, replacing incumbent Barbara Chapman.ANZ chief executive…

Buffett says he expects to buy more car dealerships

NEW YORK (AP) ” Fresh off buying the nation’s fourth-largest chain of car dealers, billionaire investor Warren Buffett says he expects to buy more dealerships even as a robust auto market makes showrooms more expensive.Sitting on…

How the Dow Jones industrial average fared Tuesday

U.S. stocks ended lower on Tuesday, erasing much of the market’s gain from the day before. The broad decline came as traders seized on the final day of the quarter to do some profit-taking and prune their portfolios.On Tuesday:The…

Ice gas could be huge for NZ – Shell boss

New Zealand’s next energy game changer could be the “super resource” of gas hydrates, says Shell New Zealand chairman Rob Jager.Speaking to the Advantage New Zealand Petroleum Summit yesterday, he said “ice gas” beneath the sea…

The Bryers documents the court didn't see

In the Auckland High Court this month, Mark Bryers named four companies as part of his attempt to portray himself as a consultant for hire rather than a manager or director of an Australian company with some Blue Chip hallmarks.He…

Air NZ axes Tokyo-Christchurch flights

Christchurch Airport and local authorities are disappointed Air New Zealand is ending services from the city to Japan, saying flights were crucial for tourism and getting fresh produce to the lucrative Japanese market.Air New Zealand…