The price of oil is tumbling again, rattling an already-shaken oil industry and heralding lower prices for consumers.

Greymouth Petroleum's former chief operating officer and his company have been ordered to pay almost $780,000 to the oil and gas firm for negligence associated with a fracking operation and a seismic survey programme in Taranaki.

It's the question asked by every stock watcher - how much longer can the sharemarket keep pushing higher?

Paying chief executives big performance bonuses worth millions of dollars doesn't necessarily result in gains for shareholders, according to new research.

The final countdown is under way for the European Central Bank's programme of government bond purchases, which has already fuelled a debt market rally that sent yields across the euro region to....

Mark Bryers is running out of time to get back on his feet, his lawyer told a High Court hearing seeking to discharge the former boss of Blue Chip.

A$147 million capital injection from North American investors will buy Xero some breathing room as it forges on with international growth ahead of a potential sharemarket float in the United States, says an analyst.

A partner with a top law firm says up to 20 sharemarket floats could take place this year.

Shares in Xero have jumped 24 per cent in the past week, amid speculation a large seller has left the market.

The Kiwi dollar is heading towards parity with the Australian; good news for tourists, bad news for exporters.

Rio Tinto Group's Sam Walsh said if the second-largest mining company cut iron ore output after prices sank, forfeited supply would be made up by rivals with higher costs, and that wouldn't be in his....

Delegat Group, New Zealand's largest listed wine company, said first-half operating profit rose 1 per cent and it was on track to meet guidance for full-year case sales and earnings.

An international investor has become a shareholder in Auckland-based fund manager Castle Point Funds.

Kathmandu's profit warning this week was a shocker, there's no doubt about it.

Oil and gas company Greymouth Petroleum Holdings wants more than $830,000 in damages from a former director who was ordered by the High Court to sell his stake in his firm.

Kathmandu lost more than a quarter of its market value yesterday after investors punished the outdoor retailer for poor Christmas and New Year trading that will result in a first-half loss.

Kathmandu's stock slumped 19 per cent to a two-and-a-half year low after the outdoor goods retailer said Christmas and January trading lagged behind expectations.