After leaving Christchurch's Xavier College at 16 Eric Watson's first job was as a butcher's apprentice. He later became a sales and branch manager at Whitcoulls, then a manager at Xerox, before beginning a business career.

After the Hanover debacle, Eric Watson might have hoped for a big win with his latest venture in the US. So far, it isn't working out that way, reports Denise McNabb.

Olam International Ltd., the owner of 67 per cent of NZ Farming Systems Uruguay, surged on the Singapore stock exchange after confirming it is in talks with rival Louis Dreyfus Commodities.

The GPG shake-up is long overdue.

New Zealanders may have a new, locally owned bank to invest in by February next year.

Virgin Blue may abandon trans-Tasman routes after its alliance plans with Air NZ were knocked back by Australia's competition regulator.

It's strange that the National Australia Bank's (NAB) final knockback in its attempt to take over AXA has received such little airplay in the New Zealand press.