Jan 12

Hackers stalk largest companies in rising tide of industrial espionage

Posted by admin

Hackers from China rifled the computers of DuPont at least twice in 2009 and 2010, hunting the secrets that made the company one of the world’s most successful chemical makers. Investors would have learnt nothing on the subject from DuPont’s regulatory filings, or from those of other companies victimised by hackers. Documents DuPont…

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Jan 12

NZ workers ‘too pessimistic’ about job market

Posted by admin

New Zealand workers are too pessimistic about the outlook for the job market, a business leader says. The latest quarterly Westpac McDermott Miller Employment Index shows employment confidence has hit its lowest level in over two years. The index fell 4.6 points in the December quarter, from 104.2 to 99.6. This is its…

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Nov 3

Customer doubles money after Westpac error

Posted by Dave Griffith

Another banking error by Westpac Bank has seen an Auckland man double his bank balance without doing anything. After withdrawing his savings to pay a deposit on a house, he ended up rebanking it again when the deal fell through. Checking his balance a few days later he found it was $15,000 more…

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