Dene Mackenzie

Latin alphabet reign ends, Facebook backs down

The use of non-Latin characters in internet addresses is a key step to opening up the web and making it more "personalised" for billions of users, the head of the non-profit body that oversees internet addresses says.

Continental steals march on Air NZ

Continental steals march on Air NZ

Continental Airlines has "stolen a march" on Air New Zealand with its plans to introduce the first B787-8 Dreamliner service to New Zealand on November 16, Forsyth Barr broker Peter Young says.

Substantial blow from bad assets

Allied Farmers has taken another substantial hit on the assets it acquired from the failed finance companies once controlled by Mark Hotchin and Eric Watson.

Telecom confirms separation, alliance focus

Telecom confirms separation, alliance focus

After a horror week on the markets, with its share price crashing to a record low, Telecom's fortunes look like they have started to improve.

Softening us up before going for the hard sell

Softening us up before going for the hard sell

Many people are starting to believe that the National-led Government is preparing to partially privatise several state-owned enterprises, with Finance Minister Bill English indicating there would be strong demand for Kiwibank shares. Business editor Dene Mackenzie investigates what is on offer.

Kiwibank CEO departure blamed on English's gaffe

Kiwibank CEO departure blamed on English's gaffe

The sudden resignation yesterday of Kiwibank chief executive Sam Knowles was being laid firmly at the feet of Finance Minister Bill English.

Energy firm price hikes ETS-driven

Mercury Energy, a wholly-owned subsidiary of state-owned enterprise Mighty River Power, signalled yesterday that its energy prices were on the way up because of the emissions trading scheme.

Telecom feels effect of 'perfect storm'

Telecom shares went into free-fall yesterday as investors abandoned the company once considered a blue-chip investment and the largest listed company in New Zealand.

The shares closed at 5pm at $1.85, down 5.6%, or 11c on the day.

Markets dive on more eurozone jitters

Fresh signs that Europe's banking problems were continuing caused havoc in most financial markets yesterday.

Doubt hits Telecom shares

Doubt hits Telecom shares

Telecom shares plunged to a new low yesterday as uncertainty about the future structure of the once blue chip company set in.