A record 179 transactions per second have gone through eftpos terminals today as New Zealand retailers make the most of their busiest time of the year.

The Overseas Investment Office has refused a Chinese company’s bid to buy UDC Finance.

Power company Contact Energy is selling its gas storage facility in Taranaki to Gas Services New Zealand for $200 million.

Tony Veitch has announced he will leave NZME’s Newstalk ZB radio station with plans to “build his show from his own digital platform”.

The European Union’s top court has ruled that Uber provides a transport service and can be regulated like traditional taxis.

A pre-Christmas deluge of data has shown the economy is in reasonable shape going into the new year.

Dental company Abano Healthcare has reported a record half-year profit thanks to new businesses and sales growth.

The latest figures show the annual deficit has reduced to around $7.1 billion.

University students in Wellington face increased rents and, in some cases, hikes of up to $500 more a week for a house.

Dairy prices are at their lowest point in more than a year after a drop at the latest auction.