Prominent property developer Tim Manning is one investor who took ACTL to court

The Matariki Codex – ground-breaking technology or 20-year rort?

Investors – including Tim Manning, pictured above – claim the company behind the codex has inappropriately spent their funds.

Hainan Airlines founder Chen Feng “leads new executives in a recitation of HNA’s core values"

UDC buyer caught up in Chinese debt probe

China’s banking regulator is reportedly concerned about high leverage.    

Resarcher Derek Gill says perceptions of inequality are subjective

Inequality myths hide poverty trap

Fri 23 Jun 8

Inequality has been steady since the mid-1990s but concerns over poverty and house prices are rising.

Rear View: The best of NBR week ending June 23

Fri 23 Jun

A look back at the highlights of the news week. For links to the featured articles click on the headline above.

Departing millennial MP Todd Barclay

Weekly Hit: The first snowflake melts

Todd Barclay’s downfall was a classic Shakespearean tragedy but expect sequels as more 20-something millennials enter Parliament this year.

VINZ national manager Sean Stevens a reduced certification cost should stimulate interest in importing electric vehicles

Electric vehicle certification costs cut to encourage EV imports

VINZ will cut its fees for full battery passenger vehicles.

Vector chief executive Simon Mackenzie says it has taken a lead in the technology space

Vector signs multi-million battery storage deal with Territory Generation in Alice Springs

Fri 23 Jun

Vector will design, engineer, build and install the battery storage and is responsible for continuing maintenance.

Andrew Phillips is the sole director of Nosh Group and led the retailer’s purchase from previous owner Veritas Investments in February

Landlord reclaims an Auckland Nosh store

Retail chain’s proposed relaunch in doubt.

FNZC head of institutional research Arie Dekker is dissatisfied with current retirement village disclosure

Hunter's Corner: A reality check for a boom sector

If retirement villages are a leveraged bet on rising property prices, what happens when the market turns?  

Bell Gully partner James Cooney says cash-only transactions are much simpler deals for bidders to make (photo: Jerry Yelich-O'Connor)

The recipe for takeover success

New Bell Gully report analyses all takeovers since the Code was introduced in 2001 - what works and what doesn't.

DLA Piper's Bob Bishop says uncertainty over Brexit will overhang the market this year

Sellers rule the M&A market but times are changing

The DLA Piper Global M&A Intelligence Report shows share deals remain the most popular.

Ian Wright aims to revolutionise the heavy-duty vehicles that are used in urban environments  (photo: Jerry Yelich-O'Connor)

Kea recognises the Wright stuff

Fri 23 Jun

New Zealand is a good market for Tesla co-founder Ian Wright's electric powertrains, he says, "because fuel is so expensive here ... about three times the price it is in the US."

President Donald Trump rubbishes the existence of former FBI director James Comey's tapes

Trump admits he did not record Comey conversations

Fri 23 Jun 14

Tape threat rings hollow.

Restaurant Brands chief executive Russel Creedy said "we are well on the way to our billion dollar revenue target"

Restaurant Brands sales to exceed $700m in 2018

Fri 23 Jun

Restaurant Brands had 212 stores in Australia and New Zealand at the end of the financial year.

FSF executive director Lyn McMorran says her group is setting standards for the sector
Campaign for Change boss Matt McCarten says “I regret that the programme has not lived up to this promise for all volunteers” (photo: RNZ)
Jim O'Malley in front of the Cadbury plant: He now doubts Mondelez was ever serious about his crowdfunding bid
Labour leader Andrew Little had been defending defamation action brought by Scenic’s founders and NBR Rich Listers Earl and Lani Hagaman (photo: Jerry Yelich-O'Connor)
Todd Barclay's "steep learning curve" is becoming unpalatable
Forsyth Barr analyst Andrew Harvey-Green is picking EVs will account for just 15% of new and used car sales by 2025
Commerce Commission general counsel Mary-Anne Borrowdale says they will proceed with the case

Banking & Finance

Politics

The Todd Barclay scandal reminds the public why they distrust and sometimes despise politicians (photo: Rob Hosking)

NZ POLITICS DAILY: Todd Barclay's downfall – who loses and why

The biggest long-term impact of the scandal might be to contribute to a nascent anti-Establishment feeling within the New Zealand electorate.

Media

Social media has upped the ante in what writer Robert Hughes called the "culture of complaint"

The ads that most offend TV viewers

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The Advertising Standards Authority rejected a majority of the most complained about ads.