NBR's Nevil Gibson reveals Lion's plan to expand its New Zealand wine interests after selling its Australian premium brands.

Read more ($): https://www.nbr.co.nz/article/lion-sells-australian-wine-interests-while-planning-expansion-nz-ng-p-196680

The New Zealand dollar spent much of yesterday fluctuating as traders assessed the damage that the magnitude 7.5 earthquake had caused to the country.

Read more ($): https://www.nbr.co.nz/article/currency-talk-kiwi-bounces-around-after-earthquake-rocks-country-jw-p-196682

Three years of wasted effort and money is the Auckland Chamber of Commerce chief executive Michael Barnett’s verdict on Auckland Council’s new $500,000 slogan.

Read more ($): https://www.nbr.co.nz/article/aucklanders-detest-new-city-slogan-want-ateeds-wings-clipped-sl-p-196662

Blood is boiling over the wind-up of the original Mad Butcher store in Mangere as liquidators question its financial records and they themselves are accused of blatant errors.

Read more ($): https://www.nbr.co.nz/article/liquidators-stir-bad-blood-mad-butcher-th-p-196686

A pile of insurance claims is expected after this morning’s 7.5 magnitude earthquake near Hanmer Springs.

Read more ($): https://www.nbr.co.nz/article/insurers-well-placed-cover-claims-insurance-head-says-cs-p-196665

Road closures across the country are likely to affected some courier delivery and transportation services today, but experts say this morning’s earthquake will have little impact on New Zealand’s exporters.

Read more ($): https://www.nbr.co.nz/article/earthquake-won’t-slow-down-exports-–-experts-jw-p-196668

About a dozen dairy farms near Culverden in North Canterbury were unable to milk cows this morning because of damage to milking platforms caused by the major earthquake, Fonterra says.

Read more ($): https://www.nbr.co.nz/article/north-canterbury-dairy-sheds-damaged-quake-db-196673

A 7.5 magnitude quake that struck 15 km northeast of Culverden, North Canterbury at 12.02am was responsible for at least two deaths, Civil Defence Minister Gerry Brownlee says.

Read more ($): https://www.nbr.co.nz/article/75-north-canterbury-quake-shakes-new-zealand-ck-196636

Infratil says the election of noted climate denier Donald Trump as the next president of the US creates some near-term uncertainty but that the long-term outlook for Infratil’s planned investment doesn’t depend on government subsidies.

Read more ($): https://www.nbr.co.nz/article/infratil-says-us-government-change-won’t-hurt-us-investment-plans-jr-p-196639

Wellington fund manager Movac’s fourth fund has reached its first close with $105 million.

Read more ($): https://www.nbr.co.nz/article/movacs-fourth-fund-raises-more-100m-cs-p-196609