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Key insists Zespri's China rot problem not evidence of trade retaliation
By Pattrick Smellie Aug. 8 (BusinessDesk) - Prime Minister John Key says the Chinese government's decision to raise problems with rot in Zespri kiwifruit is not evidence of the kind of trade retaliation it was alleged could occur if New Zealand conducted an investigation into ...

MARKET CLOSE: Kathmandu leads the NZX 50 higher on positive US sentiment
By Sophie Boot Aug. 8 (BusinessDesk) - New Zealand shares rallied with global markets after positive leads from the US, with the local market led by Kathmandu Holdings and Australia & New Zealand Banking Group. The S&P/NZX50 Index rose 39.88 points, or 0.6 percent, to 7,348...

Transport Ministry manager wanted over $726,000 fraud, arrested at airport, charged
By Edwin Mitson Aug. 8 (BusinessDesk) - A former senior manager at the Ministry of Transport has appeared in the Manukau District Court charged with three counts of dishonestly taking or using a document in relation to a $726,000 fraud. Fifty-year-old Joanne Harrison is a...