Her comments last night may fuel accusations that the decision to block foreign ownership was made with an eye on the election.
But Miss Clark defended her comments, delivered to a huge cheer at Labours congress in Wellington. She was satisfied the two Cabinet ministers went through a full and proper process and weighed up whether [...]
Isilon Systems Chief Executive Sujal Patel, Madrona Venture’s Group’s Matt McIlwain, Sequoia Capital’s Greg McAdoo and other directors and officers at the Seattle digital storage company have been named in two lawsuits in King County Superior Court Legal Software.
The derivative suits were filed last month by Isilon shareholders James Fein and Irving Himmelberg on behalf [...]
This follows the signing at a Wellington conference in February of the draft of an internationally binding treaty banning the use of cluster munitions.
The exclusion of cluster munition manufacturing companies will be implemented when the Government signs the new treaty expected to be at an international meeting in Dublin in May, the funds guardians said.
Guardians [...]
Freeview broadcaster TV3 is the first to transmit using high definition, which can enhance picture quality by up to four times, on its popular shows Boston Legal, CSI, CSI: New York, Prison Break, My Name Is Earl, NCIS and Bones.
The new service was not due to be launched till the middle of this month, but [...]
RYANAIR will be at the centre of two Dublin legal actions next week as it takes on both the Financial Regulator and the Aviation Regulator.
The low-cost carrier’s first appearance in the Four Courts will come on Monday, when Mr Justice Peter Kelly will be asked to admit the Financial Regulator case to his fast-track Commercial [...]
SocGen declined to name the trader, but three sources at the bank named him as Jerome Kerviel, 31, a trader in the banks award-winning equity derivatives desk earning less than 100,000 euros ($NZ190,777) a year. Kerviel could not be reached for comment.
SocGen, Frances second-biggest bank, said the losses stemmed from unauthorised bets on share index [...]
Sharebrokers ABN Amro Craigs are holding the auction, ordered by the takeovers panel, to sell about 21.2 percent of Kerifresh shares. The auction opened on Friday and closes as the Chronicle goes to press.
Potentially the auction could be a three-way tussle between existing Kerifresh shareholders Alan and Helen Thompson, Turners %26amp; Growers (T%26amp;G), and Hamish [...]
The light aircraft maker was put in liquidation on Tuesday by Australian owner Inventis with the loss of about half its 70 workforce.
The interested buyers are understood to have a role in purchases involving the Royal New Zealand Air Force.
In October the air force chose Italian-made Agusta-Westland helicopters to replace its 40-year-old fleet of Sioux [...]
Employee shareholders at Societe Generale said Wednesday they had started legal action following a multi-billion-euro rogue trader scandal at the French bank.
Employees and former employees, represented by the ASSACT SG association, form the bank’s largest shareholder, holding around 10 percent of its capital and more than 10 percent of voting rights.
The association said it was [...]
THE French rogue trader accused of the world’s biggest banking
fraud says he has done “nothing wrong” and plans to clear his name,
his family said at the weekend.
As Jerome Kerviel, 31, was finally taken into custody by French
detectives, relatives in his home town in Brittany revealed how he
had already protested his innocence to his distraught mother, [...]
