Business

Samisoni, Lal get acting roles

George Samisoni has been appointed as the Acting Chief Executive for Amalgamated Telecom Holdings Limited (ATH).

February 17, 2023 4:10 pm
 

Business

Record-breaking visitor arrivals for January

Fiji recorded 67,502 visitor arrivals for the month of January.

February 17, 2023 2:32 pm
 

Business

Gounder replaces Viljoen as FDB Chair

Businessman Damend Gounder has replaced Fiji Airways Chief Executive Andre Viljoen as the Chair of the Fiji Development Bank board.

February 17, 2023 1:00 pm
 

Business

Extra pours in $6m investment in Labasa

Labasa will soon get a six-million-dollar supermarket which will help in creating employment.

February 17, 2023 12:06 pm
 

Business

Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show.

February 17, 2023 11:21 am
 

Business

YouTube CEO Wojcicki, one of the first Google employees, steps down

YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at the tech giant that started in her garage nearly 25 years ago, she said in a personal update on the video-sharing platform on Thursday.

February 17, 2023 8:05 am
 

Business

China sanctions Lockheed Martin, Raytheon over Taiwan arms sales

China on Thursday put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over arms sales to Taiwan, banning them from imports and exports related to China in its latest sanctions against the U.S. companies.

February 17, 2023 6:01 am
 

Business

China says U.S. balloons flew over Xinjiang, Tibet, warns of countermeasures

Diplomatic friction festered between the United States and China on Wednesday as Beijing charged that U.S. high altitude balloons flew over its Xinjiang and Tibet regions and said it would take measures against U.S. entities that undermine Chinese sovereignty.

February 16, 2023 1:58 pm
 

Business

Tesla CEO Musk signals Part 3 of Master Plan is ready

Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March 1, in which he has set out bold goals for the growth of the electric-car maker.

February 16, 2023 11:06 am
 

Business

Lufthansa IT meltdown strands thousands of passengers

An IT failure at Lufthansa (LHAG.DE) stranded thousands of passengers and forced flights to Germany’s busiest airport to be cancelled or diverted on Wednesday, with the airline blaming botched railway engineering works that damaged broadband cables.

February 16, 2023 8:33 am
 

Business

New Biden EV charger rules stress Made In America, force Tesla changes

The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the United States immediately, and with 55% of their cost coming from U.S.-made components by 2024.

February 16, 2023 6:20 am
 

Business

Good response to COVID restrictions removal

The decision to remove the COVID-19 vaccination and travel restrictions has been well received by the people, says Minister for Tourism and Civil Aviation Viliame Gavoka.

February 15, 2023 4:26 pm

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