A long-running defamation case brought by former Cabinet minister Steven Joyce against The National Business Review has culminated in a brief hearing, with the business publication opting not to call any witnesses in its defence. The former finance minister filed proceedings agai...
Oracle New Zealand’s latest accounts show the firm is still at odds with the Inland Revenue Department over the practice of shifting profits from one jurisdiction to another.The company’s local accounts were filed a week after Microsoft New Zealand’s, which showed that software g...
The liquidators of failed insurer CBL have identified €53.7 million in voidable transactions which they are seeking to recover from the company’s Irish subsidiary. BusinessDesk can reveal the liquidators are pursuing legal action against CBL Insurance Europe DAC, which is pre...
It looks like a classic negotiation strategy: hit 'em hard with an extreme-sounding proposition, weather all the flack and pushback, and then finally come out with a "compromise" position that was probably close to what you wanted all along.So it was for the Reserve Bank's final...
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