NZ asset sales raise $NZ4.7bn
Dual-listed Genesis Energy will begin trading on Thursday and its IPO has raised $NZ733m for the Future Investment Fund.
Aust stocks close higher
Local markets higher at the close on improved Asian markets and mining performance.
Qld Motorways may fetch $6.3 bn
Bidders that include specialist infrastructure investors, pension funds and sovereign wealth funds may be willing to pay a very high multiple for the toll road.
Taking a notch out of BHP's fifth pillar
BHP has decided to trim its spending on the Jansen potash project in Canada as it reins in boom-time capital investment plans, but argues that will not affect the longer term development of the project.
TPG fined $400,000 for denying emergency call access
Federal Court finds telco barred outgoing 000 and 112 calls for almost 6,000 account holders with unpaid bills.
Ask the experts: Managing new roles
A successful handover between generations can't happen until everyone accepts their new roles. What can you do if someone is clinging to their old habits?
Solar's silver year in the US
New data shows solar was second for capacity additions in the US last year, jumping dramatically, while wind predictably dropped sharply.
Correcting an NBN Co disconnect
Behind the expected red numbers NBN Co revealed some encouraging trends, albeit off a low base. And Bill Morrow is moving decisively to clear obstacles in the network's path.
Sell in May and go away?
Volatility has risen across equity markets and expensive growth stocks have come under pressure. Is it time to follow the old adage?
China's genuine green energy revolution
China is leading the world in the installation of renewable energy and is also the largest consumer of coal. But it's the former system that's built to last.
eBet jumps on new market opening
Shares in fledging gaming systems company eBET jumped this morning after the Victorian gaming regulator gave the company the green light to operate in the state.
McAleese issues profit warning
Cootes Transport parent says March revenue, earnings below forecasts.
Reddit updates its social media clout
With its retro '90s look and space-alien mascot that tracks everything from online news to celebrity Q&As, the nine-year-old content platform is ready to shake things up.