BEIJING (AP) ” The president of the Asian Development Bank says a proposed Chinese-led regional bank is a potential partner instead of a rival and the ADB is talking with Beijing to share its experience.Takehiko Nakao’s comments…
SeaWorld unveils brand campaign to blunt whale-show critics
SeaWorld Entertainment has unveiled a $10 million advocacy campaign intended to blunt criticism of its whale shows and reverse a two-year drop in attendance.Print ads and online videos will feature veterinarians, researchers and…
Your Business: Outsourcing offshore – John Cochrane, NZ Trade and Enterprise
What are some of the things you see Kiwi companies outsourcing to the part of the world where you’re based? Generally speaking, the wave of businesses engaging with China solely as an outsourcing destination is flattening out and…
ComCom clears Wilson's acquisition of rival's parking assets
The Commerce Commission has found Wilson Parking New Zealand’s 2013 acquisition of a rival’s parking assets hasn’t substantially crimped competition and deemed that public transport will keep a lid on any price hikes.The antitrust…
RNZ compiling 2000 track playlist
Radio New Zealand is compiling a playlist of around 2000 tracks but has rejected concerns it will be dropping its usual quirky and eclectic music in programmes like Nine to Noon and Kim Hill’s Saturday Morning show.Playlists are…
Australian watchdog to block Qantas-China Eastern agreement
CANBERRA, Australia (AP) ” Australia’s competition watchdog said Tuesday it was leaning toward blocking a tie up between Qantas Airways and China Eastern Airlines because it could increase fares on the popular Sydney-Shanghai route.The…
Report: Japan productivity gains key to staving off decline
TOKYO (AP) ” Japan’s future prosperity will depend on improving its lagging productivity, says a report by McKinsey Global Institute that urges companies to boost their competitiveness by better use of their workers.Japan’s population…
Fed: No evidence of deliberate leaks from 2012 meeting
WASHINGTON (AP) ” An investigation by the Federal Reserve has found no evidence that market-sensitive information was deliberately leaked from its interest-rate policy meeting in September 2012.The Fed said in a summary of its investigation,…
Murdoch investment won't change APN direction
The addition of Rupert Murdoch’s News Corp to APN’s share register will not make a difference to the Australasian media group’s direction, chief executive Michael Miller said.In Australia, the company has beefed up its commercial…
BlackRock takes 5pc slice of Fletcher Building
BlackRock, the world’s biggest investment manager, has snapped up a 5 per cent stake in Fletcher Building.The New York-based firm, which has about US$4.5 trillion in assets under management, began building its holding in New Zealand’s…