A French restaurant-owner has bought the world’s most expensive white wine – for £75,000 (NZ$141,000).

The state of New Zealand’s dollar and broader economy along with this country’s stance on climate change received interest around the world this week.

In the New York Times, New Zealand’s wine industry feature on the front page of its website on Friday as vintners work hard to maintain prices and market share.

Murdoch outlines charges coming for iPhone, BlackBerry users.

Rupert Murdoch has told a Goldman Sachs conference that charges will be introduced for those who access the Wall Street Journal’s website via a mobile phone.

The Wall Street Journal owner said the charges would be $1 a week for those with an existing subscription, and $2 a week without.

Federated Farmers has resorted to quoting an opinion piece from the Wall Street Journal lampooning New Zealand’s commitment to an emissions trading scheme as its latest poke over the government’s stance on global warming.

The online Asia edition of WSJ labelled the findings of the Emissions Trading Review Committee as “green PR gone wild.”

The world’s most famous stock index, the Dow Jones Industrial Average, may get a new owner and possibly a name change after 113 years, if Rupert Murdoch’s News Corporation follows through on selling its stock-index business.

The Wall Street Journal, owned by Dow Jones until its sale to News Corporation in 2007, has reported the company is exploring a sale of the unit.

The Wall Street Journal’s is planning for pay-by-the article browsing as a an alternative for those who don't want ot pay its $US103 annual subscription to its website.

The move builds on last week's comment by Rupert Murdoch that all News Corp-owned papers will charge for online content within a year, indicating micropayments could be the model for bringing paid content to the masses, too.

In an interview yesterday with The Financial Times, Dow Jones editor-in-chief Robert Thomson said the micropayment system will be introduced this northern autumn.