Panama papers

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."

Greens donor in Panama Papers

Forbes Elworthy donated $15,000 to the Green Party in 2011 during the election campaign.

A wealthy Kiwi who gave the Greens $15,000 has been listed in the documents leaks.


Deutsche Bank in crisis

The immediate cause of Deutsche's crisis is a fine of up to US$14 billion fine for mis-selling mortgage-backed securities.

Germany's biggest bank faces billions of dollars in fines, and there's no government plan to back it.

Amazon moving to Oz? video

Amazon boxes are seen stacked for delivery.

Online retail giant booking space across the ditch, but what exactly are its plans?

Toxic lake 'superbug hotspot'

Community activists, researchers and some drug company employees say the presence of more than 300 drug firms, combined ...

Frothy-watered lake close to 300 drug firms becomes a giant petri dish for anti-microbial resistance.

Trump's wealth shrinks by $1b

Forbes magazine probed 28 assets or asset classes owned by Trump and found 18 had declined in value, including Trump ...

He says his business sense makes him presidential material, but Trump's wealth has dropped by a fifth.

Job loss link to violence

Bluescope steel workers are being offered some opportunities.

Redundancies in Australia's steel industry are being linked to a rise in domestic violence.

Last-ditch TPPA plea

US Secretary of State John Kerry has accused Russia of violating a truce allowing humanitarian aid to Syria.

Rejecting the landmark trade deal would hurt US credibility, Secretary of State John Kerry tells Congress.

The space race is on!

Vladislav Filev, co-founder of S7 Group.

Space race between US and Russia heats up as Soviet airline owner plans to launch commercial rockets.

Where's the next housing bubble?

House prices have surged in Vancouver.

House prices surge in Vancouver, London and Stockholm, putting them most at risk of a housing bubble.

Uber rides into food delivery

UberEats is set to become a driving force behind food delivery.

UberEats set to become a driving force behind meal deliveries as it prepares to expand to global markets.

Presidental debate the new Super Bowl video

People watch the US. presidential debate in a restaurant in the Queens borough of New York City.

A 30-second ad during coverage of the US presidential cost more than US$200,000.

Battle over A$4.95 pizzas

A A$4.95 pizza can can cost up to A$5.50 to make, franchisees say.

Cheesed-off Australian Pizza Hut franchisees say they were forced to sell unprofitable pizzas.

Sydney office sells for A$88.8m

The building's new owners paid a symbolic price.

Chinese investor hoping for prosperity pays a symbolic price of $88,888,888 for a downtown building.

Uber may struggle to survive

Uber, hit the app and hail a car.

Uber undercuts the taxi industry to the joy of many consumers, but it may soon pay the price.

Trolly wars heat up in Australia

Is German discount supermarket Lidl eyeing up Australia?

German discount supermarket applies for Australian trademarks, stirring speculation it plans to open there.

Drought driving up coffee prices

Your coffee habit could cost you more thanks to dry weather hurting the production of beans.

The buzz of the morning alarm might start to sound even more painful thanks to topsy-turvy weather in Brazil that's pushing up the cost of coffee beans.

Audi boss exits

Audi said in a statement that Knirsch was leaving with immediate effect

Audi's head of technical development leaves immediately as investigations continue into the diesel emissions scandal.

Dick Smith war zone video

Dick Smith's inventory jumped from 62 days in 2013 to 95.7 days of stock a year later.

The Australian board and management at Dick Smith near the end of its life were anything but cosy.

Domino's goes on hiring spree

Crusty: Domino's wants to hire 2500 workers in a fortnight.

Pizza enterprise seeks 2500 new workers after reporting record sales.

The Aussie pubs with no beer

The months-long dispute is over 55 positions.

Pubs refuse to stock brands from major brewery in solidarity with strikers - and beer supply's threatened for the AFL Grand Final.

Spotlight on fake reviews


Australian investigation into likes of Uber and Airbnb may not be mirrored in NZ.

Method recycling in Australia

Steven and India Korner who own Method Recycling recently won a $50,000 grant and plan to use it to focus on exporting ...

Wellington recycling bin company will use grant to expand across the Tasman.

ANZ ends fight with billionaires

Pankaj Oswal (left) and his wife Radhika (right) and daughter Vasundhara leave court in Melbourne.

ANZ's legal nemeses didn't get the A$2.5b they wanted from the bank, but they still tasted victory.

Plane-makers access untapped market

The US has granted Airbus and Boeing permission to finally sell airplanes to Iran.

The US has granted Airbus and Boeing permission to finally sell airplanes to Iran.

McLaren bites over Apple chatter

McLaren's high performance supercars would seem to be an uncomfortable fit for Apple.

Supercar makers McLaren have steered away from rumours they were in acquisition talks with Apple.

US rates on hold

Federal Reserve Chair Janet Yellen holds a news conference following the Federal Open Market Committee meeting in ...

But US Fed says the case for a rate increase is stronger, signalling growing belief in the US economy.

Blow for Uber in Finnish court

According to Uber, more than 100,000 Finns have downloaded its mobile app.

Finland's court of appeal orders two Uber drivers to give up their earnings to the state for not having a valid taxi licence.

From phone box to office

The number of red telephone boxes has dwindled in number over the years,

UK's red phone boxes, no longer needed in an age of smartphones, are being being turned into small offices.

Flight crew spark hijack scare

Saudi Flight SV 872 was heading to Jeddah.

Security forces scrambled after pilot hit hijack alarm in error - then the crew mistakenly confirmed the threat.

Fears China debt crisis looms

There are fears a debt crisis is looming for China.

China has massive debt, and that's stoking fears it could all come crashing down.

Art bubble bursts

The global art bubble has burst.

The global art market saw pieces go for hundreds of thousands of dollars two years ago. A lot has changed.

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