Warner Bros Productions Ltd may move the $500 million “Hobbit” movie from New Zealand, a blow to the nation’s tourism and film industries made famous by the “Lord of the Rings” trilogy.
New Zealand Prime Minister John Key promised subsidies for workers as he started a two-day visit to Christchurch, which was hit by a magnitude-7 earthquake that cut power, damaged hundreds of buildings and closed the central business district.
Abu Dhabi Commercial Bank PJSC , the United Arab Emirates’ third-biggest bank, plans to raise at least 500 million Malaysian ringgit ($157 million) from the sale of five-year notes.
"A larger percentage of these people are working families."
- Kevin Taylor on Aug 18, 2011