Top business stories from nzherald.co.nz for Tue, June 16:
'No mercy', Madoff's victims implore judge NEW YORK - More than 100 victims of failed financier Bernard Madoff's multibillion-dollar fraud today urged a New York judge to sentence him harshly, saying he ruined their lives, leaving many of them depressed, bitter and hopeless.
Wine industry hits $1 billion export target a year early The wine industry has produced another bumper grape harvest but global recession and increased supply are putting pressure on prices.
Lending rate for SMEs at standstill Overdraft lending rates for small and medium-sized businesses have remained virtually static for the last three months despite April's 50 basis point cut to the official cash rate, new Reserve Bank data shows.
