Business

FNPF’s business assistance ends soon

The Fiji National Provident Fund will cease its COVID-19 microbusiness assistance on May 12th.

May 2, 2023 12:24 pm
 

Business

Tourism marketing needs right tools

A more targeted marketing approach is needed to ensure that the hotel and tourism industries are able to attract visitors with strong spending power.

May 2, 2023 12:08 pm
 

Business

Ford wins reversal of $105 mln trade secrets verdict

A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.

May 2, 2023 10:43 am
 

Business

Florida board picked by DeSantis to countersue Disney

An oversight board appointed by Florida Governor Ron DeSantis said it would file a countersuit against Walt Disney Co in state court, according to prepared remarks seen by Reuters.

May 2, 2023 8:23 am
 

Business

Meta plans $7 billion bond issue

Meta Platforms is planning to raise $7 billion in a second bond offering, Bloomberg News reported, citing a person familiar with the matter.

May 2, 2023 7:34 am
 

Business

Manila airport cancels 40 domestic flights after power outage

An unexplained power outage at Manila airport’s Terminal 3 on Monday led to about 40 domestic Cebu Pacific (CEB.PS) flights being cancelled, the airport said.

May 1, 2023 4:29 pm
 

Business

Australia to reveal huge budget rebound, pledge restraint in response

Australia’s Labor government is set to reveal a vast improvement in the budget bottom line next week as its coffers bulge with tax windfalls, yet the outlook will be a sober one as fiscal challenges loom large.

May 1, 2023 2:52 pm
 

Business

Subway comes up with debt plan to clinch $10 billion-plus sale

The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition financing plan, hoping to overcome a challenging environment for leveraged buyouts and fetch the company’s asking price of more than $10 billion, people familiar with the matter said.

May 1, 2023 12:23 pm
 

Business

Twitter to allow publishers to charge users on a per article basis starting today

Twitter CEO Elon Musk said that the social media platform will allow media publishers to charge users on a per-article basis with one click.

May 1, 2023 11:20 am
 

Business

Brazil's Lula pledges new minimum wage policy, expanded tax exemption

Brazilian President Luiz Inacio Lula da Silva pledged on Sunday to introduce a new policy of real increases in the minimum wage and announced plans to raise the income tax exemption for lower-income earners.

May 1, 2023 10:03 am
 

Business

Analysis: Inflation, labour crunch prodding Japan's smaller firms to raise pay

Rising inflation and an intensifying labour crunch are prodding smaller local Japanese firms to follow their big counterparts in raising pay, a move that can generate broader wage hikes and encourage the central bank to phase out its massive stimulus.

May 1, 2023 9:48 am
 

Business

Building resilient entrepreneurs is crucial

The Ministry of Trade, Cooperatives, and SMEs continues to embark on financial literacy training.

May 1, 2023 5:43 am

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