New Zealand company signs Canada deal

An innovative Christchurch start-up has signed a lucrative agreement with a Canadian company for its laminated timber technology. The deal could see a product developed by Prestressed Timber after the Canterbury earthquakes used in buildings throughout North America....

How Canada’s Warren Buffet wagered on Tembec

Soon after Prem Watsa — the investor known as Canada’s Warren Buffett — became the largest shareholder of Tembec Inc., the bond market started betting creditors may be taking over instead. The forestry firms’ bonds plummeted to about 68 cents on the dollar after...