Electricity Authority rejects Electric Kiwi claim of Meridian market manipulation
By Pattrick Smellie July 6 (BusinessDesk) - The Electricity Authority has rejected the call from minnow power retailer Electric Kiwi for an investigation into the actions of Meridian Energy on June 2 when wholesale electricity prices spiked to more than $4,000 per megawatt hou...
UPDATE: Consumer spending has dived in UK post-Brexit: Mastercard exec
(Replaces 'credit card' reference with 'consumer' in headline and third paragraph, adds comment in fourth. Mastercard insists it does not comment on credit card spending alone. This was not made clear at the interview.) By Pattrick Smellie June 27 (BusinessDesk) - The Brit...
Key doubts a unilateral 'Google tax' would work
By Pattrick Smellie June 27 (BusinessDesk) - The New Zealand government is sticking with the OECD's process for pushing multi-national corporations to pay more tax rather than pursuing the kind of 'Google tax' being mooted in Australia and the UK, said Prime Minister John Key....
Key hoses down talk of Kiwi-Aussie joint approach to post-Brexit negotiations
By Pattrick Smellie June 27 (BusinessDesk) - The New Zealand and Australian Prime Ministers discussed both countries' responses to the UK referendum to leave the European Union, although New Zealand's John Key was lukewarm on the potential for the two countries to collaborate...
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