Tim Groser will be employing all his undoubted theatrical skills to maintain a poker face while allegations play out that the Government Communications Security Bureau spied on rival candidates for a top role in global trade.The…
New York cabs still cheaper than Uber
Much of Uber’s appeal lies in how it qualitatively differs from traditional taxi service: the convenience of using an app-based dispatch, the predictability that comes from watching a car travel in real time to your front door, the…
Brazilian jet maker targets NZ routes
Airplane seller Mark Dunnachie is on the start of what could be a long journey in this region.He’s head of Embraer in the Asia-Pacific and the Brazilian company is keen to sell its new-generation planes in this part of the world…
A glance at some insurers wrestling with nursing-home bills
NEW YORK (AP) ” Life insurance firms used to pitch long-term care policies as the prudent way for Americans to shoulder the cost of staying in nursing homes. But those same companies have found that long-term-care policies are squeezing…
Battle over $4m IRD bill returns to court
A $4 million legal battle with Inland Revenue, which has been rumbling on for more than two decades, returns to court today after a recent Court of Appeal decision opened the way for a fresh action.David Hampton, former owner of…
Google imports new CFO Ruth Porat from Wall Street
SAN FRANCISCO (AP) ” Google has lured away Morgan Stanley’s chief financial officer, Ruth Porat, to be its CFO at a time when the Internet search leader and its Silicon Valley peers are under fire for hiring and promoting too few…
Simon Moutter: Netflix has immediate advantage by avoiding GST
It has been said taxes are the price we pay for a civilised society.So what happens when some of the wealthiest companies in the world don’t pay toward the upkeep of the societies they operate in?No one likes paying taxes. In…
Kathmandu slows pace of store openings after first-half loss
Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price discounting slashed its margin in Australia and resulted in a first-half loss.The…
SFO lays bribery charges in council case
An Auckland man has appeared in the Auckland District Court today charged with corruption and bribery after allegedly attempting to influence an Auckland City Council officer.Johnson Yuejun Li, 48, appeared facing one charge of…
Has America fallen out of love with diet soda?
Towards the end of the 1990s, more than a decade and a half after Diet Coke was first introduced, Coca-Cola found itself in a rut.The soda maker’s best-selling low calorie drink, popular as it had become, appeared to be topping…