KKR's approach to struggling clothing company Pacific Brands is seen as opportunistic, given the target's weak earnings outlook, and some are tipping are higher offer.

Can your grocery shop really save the world - and would you spend any more if it did? Andrew Laxon examines the pros and cons of ethical shopping

The New Zealand economy expanded at the fastest pace since 2009 in the third quarter, beating estimates, as manufacturers cranked up production, making up for a contraction in the construction industry.

Consumer confidence in New Zealand tumbled in the fourth quarter to the lowest level since the depths of recession in 2009.

Financial pressures are causing shoppers more stress this Christmas compared with last year, but crowded shopping malls are a greater cause for concern, a survey says.