World

Falcon folds its wings

Ford Falcon

After 53 years, Ford's Australian large car, the Falcon, has been given 3 years to live.

HP shows signs of success

HP

HP raises its outlook as its turnaround plan helps offset shrinking personal computer sales.

Ford's Aussie shutdown

Australian flag on a map of Australia.

Ford confirms its Australian plants will close and with them 1200 jobs and the Falcon model.

GPG pension probe could widen

pound note sterling

Britain's pensions regulator may extend its investigation into GPG to the individuals involved.

Telstra job losses expected

telstra

Significant job losses are expected at Telstra as the Australian telco shifts away from its legacy business.

US chief executive pay packets soar

US dollars, money, greenback

The head of a typical large public company made US$9.7 million (NZ$12m) in 2012, up 6.5 per cent from a year earlier.

Too soon to slow US stimulus - Bernanke

Ben Bernanke

Ben Bernanke says the US job market remains weak and that it is too soon for the Federal Reserve to slow its stimulus programmes.

Rinehart still richest Aussie

gina rinehart

Gina Rinehart's wealth has shed a staggering A$7 billion in the past year but she is still the richest Australian.

Aussie share ownership slips

ASx

The number of Australians directly owning shares fell to the lowest level in more than a decade.

Trade imbalance an issue

Indonesia

NZ's relationship with Indonesia needs to evolve into a "true" partnership, Indonesian deputy trade minister says.

Aussie mining exploration drops

Rio Tinto

Spending on mineral exploration in Australia has declined by more than a quarter.

New records for US markets

US sharemarket

After a 17-per cent rally since the start of the year, investors are wondering how much further equities can run.

Chinese buy stake in Fiji gold mine

Gold bars

Shares in Fiji's only gold mine jump 9.2 per cent on the London Stock Exchange after a Chinese energy operation takes a big stake.

NZ - US: The 'new normal'

USA flag

After two decades defined by the nuclear free standoff there is a new buzzword to describe relations between NZ and the US.

Ireland rejects Apple blame

Apple

Ireland says it is not to blame for Apple Inc's low global tax payments and had no special rate deal with the company.

Apples avoids billions in US tax

Apple

Apple uses affiliate companies outside the US to avoid billions of dollars in US taxes, a Senate investigation finds.

TPP deal unlikely this year

US dollars, money, greenback

A heavy weight line-up of former US trade reps is gloomy on the chances of the Trans-Pacific Partnership deal being finalised this year.

Coalition against TPP deal grows

Fair Deal Coalition

NZ-born group concerned Trans-Pacific Partnership trade agreement will unfairly extend intellectual property rights.

Divergences in global economy to widen

global economics

This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors.

Sowing time in Australia

Australia grain farmers

For farmers in Australia's state of Victoria this is one of the busiest times of the year.

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