Profit at the country’s biggest power retailer has fallen sharply because of reduced values for the contracts it uses to guard against volatile power prices.

The campervan rental company doubled its profit on the back of surging tourist numbers and a new business venture.

The hotel comparision website Trivago has been taken to court for failing to provide objective price comparisons.

The telecommunications network operator is losing money as customers move away from the traditional copper-line connections.

Z Energy will spend $46m on a 70 percent stake in Flick Electric, the retailer that sells power at wholesale prices.

Award-winning US playwright Neil Simon, known for works such as The Odd Couple and The Goodbye Girl, has died in New York.

Kiwi Group, which owns KiwiBank, has more than doubled its annual profit.

Insolvency practitioners could face fines of up to $75,000 if they don’t report serious issues in failed businesses, if proposed legislative amendments go ahead.

A $94.3 million profit was made by the Port of Tauranga in the year to June.

Vector’s profits dropped by 11 percent in the year to June.