Midday Report for Tuesday 2 June 2015

12:35 PM.News from the rural and farming sectors. Audio

12:26 PM.The Black Caps enter the last day of the second test in England. Audio

12:25 PM.For the latest from the markets we're joined by Brad Gordon at Macquarie Private Wealth. Audio

12:24 PM.The world's biggest chipmaker, Intel, has agreed to buy smaller rival Altera in a 16 point 7 billion US dollar deal. Audio

12:22 PM.The phone and broadband retailer, Spark, is planning a 100 million dollar share buyback. Audio

12:21 PM.Saudi Arabia's oil minister Ali al-Naimi says he expects oil demand to pick up in the second half of this year, while supply decreases. Audio

12:19 PM.Weaker petrol prices have helped lift the country's purchasing power with the rest of the world. Audio

12:17 PM.Shares in Z Energy have jumped 18 percent after the fuel retailer agreed to buy its rival Caltex for 785 million dollars. Audio

12:00 PM.The Prime Minister says people smugglers now have the capability of getting to New Zealand;The state houses the Government is selling will be sold at market value. Audio