Panama papers

John Key keeps lid on hidden billions video

John Key has described criticism of New Zealand's foreign trust laws as a media beat-up.

Foreign trusts lobbyists seem to have watered down a NZ bill on better disclosure of the origins of secret cash.

Govt accepts foreign trusts plan video

Tax expert John Shewan has called for a shake up of New Zealand's laws around foreign trusts.

John Key accepts foreign trust rules need a radical overhaul following warnings not enough's being done to counter money laundering.

Judgment day for trusts video

The foreign trust inquiry by John Shewan has helped the Government save face.

NZ's foreign trust regime is a good little earner for some, but time may be running out.

Mossack Fonseca staffer held

Geneva prosecutors led a police raid of Mossack Fonseca's local office in which computer equipment was seized.

Computer specialist at the Panama law firm is taken into custody over huge leak.

Pedro Almodovar's Julieta video

Director Pedro Almodovar leaves the Juliet' premier.

"If the Panama Papers were a film," the acclaimed Spanish director said, "we wouldn't even be credited as extras."

World

Trump's Wall St friends suffer

Shares of companies that have visited the White House since the inauguration have enjoyed a median increase of 3.7 per ...

Shares in companies closest to US President are lagging, those out of favour are up.

Get paid for doing nothing

The idea of a universal basic income has been mooted in NZ as well.

Fancy free money? Ontario, Canada is the place to be, as thousands join a basic income trial.

Trump eyes Pacific Ocean for oil

Donald Trump's next executive order is set to pave the way for drilling in large tracts of the Pacific Ocean.

US President's next executive order set to pave the way for drilling in large tracts of Pacific Ocean.

NZ trusts exposed - again

An activist clutching a suitcase stuffed with fake money demands greater transparency in financial legislation following ...

For the second time, New Zealand is at the centre of explosive claims of global financial corruption.

Billionaire makes $4.8b in five minutes

(L-R) Amazon CEO Jeff Bezos and Larry Page, CEO and Co-founder of Alphabet, sit during a meeting with U.S. ...

A surge in after-hours trading puts Amazon founder $5b away from becoming world's richest person.

Elderly couple die minutes apart video

Isaac and Teresa Vatkin died holding hands.

After 69 years of marriage, Isaac and Teresa Vatkin spent their final moments as deeply in love as ever.

Uber tech boss crashes and burns

Anthony Levandowski.

"Going forward, please make sure not to include me in meetings or email threads," beleaguered exec writes.

Hollywood writers strike back

Pay checks to writers have shrunk as fewer episodes get made per season.

US film and TV writers are earning less as their bosses earn more - and they're not happy.

Axe hangs over Network Ten

James Packer is one of three billionaire shareholders backing Ten's existing loan.

Can the Australian network that makes "Survivor" survive its own financial dramas?

User growth helps Twitter soar

On a quarterly basis, Twitter adds around 9 million monthly users.

Donald Trump's rants and livestreaming events help Twitter's shares rise.

China's richest man moves into marathons

Wanda Group chairman Wang Jianlin, China's richest man, is determined to expand the scope of sport in Asia.

China is on a mission to bring more world sports events to Asia.

Trump's tax plans welcomed video

For individual US taxpayers, Donald Trump's plan would simplify tax returns by reducing the number of tax brackets to ...

Planned cuts would pay for themselves through growth, and by cutting tax deductions and closing loopholes, Trump team says.

Big Bash or bust for Nine

Kerry Packer fought hard for Nine to get cricket broadcast rights in the 1970s.

ANALYSIS: It's the news no one at Cricket Australia expected after raking in TV riches for 40 years.

Dreamworld owner's CEO to go

Ardent's share price was recovering when the Dreamworld tragedy happened.

It will be just two years after she took the job and six months after the tragedy which claimed the lives of four people at the Gold Coast theme park.

Big Mac makeover a winner

Unlike other companies that tried to change a favourite, McDonald's got playful with the Big Mac and managed not to ...

McDonald's gets playful with its well-known burger and avoids annoying customers in the process.

China to lead wind power growth

Wind turbines for generating electricity at a wind farm in Guazhou, Gansu Province, China.

Globally, wind power capacity installed in 2016 reached 54 gigawatts, which should rise to 60 GW this year.

Who will buy China's Boeing 737?

The C919 has chalked up 570 firm orders and commitments from 23 customers.

The Comac C919 jet is ready to fly, but should Boeing and Airbus be worried?

The island fighting to halt Uber

Block Island covers 25 square kilometres and has a population of 1051.

Block Island is one of the last major tourist destinations in the US without Uber.

Rosy glow on Wall Street

Apple and Microsoft pushed the Nasdaq to a record level.

US companies are in a sunny mood, and the Nasdaq beats 6000 for the first time thanks to Apple and Microsoft.

Nine no certainty for cricket

Channel Nine cricket commentator Ian Healy.

Australian TV network urged to ditch cricket broadcasts owing to annual $43m losses on it.

Teen's custom socks empire

Brennan Agranoff taught himself graphic design aged 13 and has more than 500 sock designs on his website.

In between going to school and doing his chores, a 17-year-old from the US has sold more than $1m in custom socks.

Offered lifeline, scammed out of home

"You can just wake up and it happened on a piece of paper." Deed theft is a growing scam in the United States.

In the US struggling homeowners are being tricked into signing over their homes through fake remortgage offers.

Golf hazard in hash browns video

The recall is in 9 states in the US.

Customers in US will be teed off after recall of frozen food which may contain chopped up golf balls.

Apple under pressure to deliver video

For its redesigned phone, Apple has tested multiple prototypes with manufacturing partners in Asia.

The iPhone v Samsung Galaxy debate is about to get up another level as Apple need to deliver something "wow".

Jamie Oliver's taste for NZ tested

Jamie Oliver at his Canberra restaurant, Jamie's Italian.

Celebrity chef buys time in Australia, while NZ plans remain shrouded in mystery.

Celebrity chef's plan avoids collapse

Jamie Oliver's plan to buy back his restaurants has avoided collapse.

Court grants administrators and receivers extra time to buy back Jamie Oliver's restaurants.

Oz called on to ban plastic bags

A campaign in Australia to ban plastic bags is gaining momentum.

On average a plastic bag is used for 12 minutes and each one takes 1000 years to break down.

Squeeze on juicer startup video

Juicero is an internet-connected device that transforms single-serving packets of chopped fruits and vegetables into a ...

Two investors in Silicon Valley gadget surprised to learn juice packs could be squeezed without using its machine.

Amazon's 'secret weapon' video

Just a 100-millisecond delay in load time on shopping sites hurt conversion rates, research found.

Three seconds is now too long for customers to wait for an online shopping site to load.

$33m dream business

Love To Dream now exports to 29 countries.

Hana-Lia Krawchuk was sleep-deprived and at breaking point. It lead to a great business idea.

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