Moa boss Geoff Ross says the up to $6 million full-year loss forecast by the craft beer brewer reflects the "triple hit" the company received from a sales shortfall.

Boutique beer company Moa expects later this month to post a bigger loss than expected full year loss.

ANZ chief executive officer Michael Smith expects the Australian dollar to maintain its strength as long as the US Federal Reserve keeps up monthly asset purchases.

NZ Oil and Gas has a moral obligation to pay Pike River families it's claimed - after shareholders yesterday voted not to fork out $3.41m awarded by judge.

New Zealand Oil and Gas shareholders voted yesterday not to pay reparation of $3.41 million to the Pike River families.

Grey District mayor Tony Kokshoorn says the resource consent approval for Escarpment coal mine on the West Coast's Denniston Plateau is great news for the district.

New Zealand tech stocks continued to soar today. Cloud accounting company Xero touched a new high of $29.30 - giving it a market capitalisation of $3.7 billion.

The first marine consent application for seabed mining on the North Island's west coast is about to be lodged.

Why scrap over 2 per cent of the beer market? That's the question being posed by Moa Brewing Company chief executive Geoff Ross.

Australian mining magnate and long-time philanthropist Andrew "Twiggy"Forrest has donated A$65 million ($NZ73.9m) to universities in Western Australia.

NZ tech darling Xero has raised $180m in new capital - but it's not planning new acquisitions. It's "more about building a war chest" says founder Rod Drury.

An academic says New Zealand's local stock exchange needs to step up its game.

A tweet that appeared to suggest Israel had attacked Syria sent US oil prices soaring - until traders realised the post referred to the 40th anniversary of a war.

Mighty River Power's $50 million share buyback is more about the company's strong balance sheet than politics, says chair Joan Withers.

Shares in Mighty River Power gained 5c today after the company announced that it would buy back up to $50 million of its shares - 6 months after it was listed.