Business

India's Adani tries to calm investors as regulator confirms probe

Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans were fully funded, as an Indian regulator confirmed it was investigating a critical report by a short-seller that has battered the group’s stocks.

February 14, 2023 11:30 am
 

Business

Super Bowl ad hits feature 'The Flash', Disney as automakers pull back

A Batman cameo in the “The Flash” trailer, vintage Disney toons and a teaser of Matt Damon’s new movie “Air” were among the most watched ads during the Super Bowl LVII, as auto ads took a back seat at the Big Game.

February 14, 2023 10:05 am
 

Business

Brexit hit UK investment by £29bn, says Bank of England policymaker

Brexit has dealt the UK economy a “productivity penalty” of £29bn, or £1,000 per household, a Bank of England policymaker has said.

February 14, 2023 7:47 am
 

Business

Twitter’s plan to charge for crucial tool prompts outcry

In the aftermath of the devastating earthquake in Turkey and Syria, thousands of volunteer software developers have been using a crucial Twitter tool to comb the platform for calls for help — including from people trapped in collapsed buildings — and connect people with rescue organizations.

February 14, 2023 6:01 am
 

Business

Geely's EV brand Zeekr raises $750 million in fresh funding round

Zeekr, the electric car brand of China’s Geely Automobile Holdings (0175. HK), is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion.

February 13, 2023 2:31 pm
 

Business

BMW meets 2022 pretax earnings target

BMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money magazine reported on Sunday, citing the German carmaker’s chief financial officer.

February 13, 2023 1:22 pm
 

Business

Quality and dedication are crucial in a business: Nath

Dedication and maintaining the quality of your products are crucial when running a business.

February 13, 2023 12:09 pm
 

Business

Fundraisers for Syria, Turkey earthquake try to deliver aid

Humanitarian groups working in southern Turkey and northwest Syria warn that Monday’s earthquake will have a “long tail” — a wide range of needs that will require donations for months, or even years, after the rescue and recovery missions end.

February 13, 2023 7:05 am
 

Business

WAF clarifies water issues at night

The Water Authority of Fiji clarifies that they undertake valve operations every night to ensure that residents have water every morning.

February 12, 2023 4:51 pm
 

Business

FNPF disbursed $467 million under unemployment assistance

The Fiji National Provident Fund has paid out $467 million to its members under COVID-19 unemployment assistance, compared to a decrease of $33.8 million in 2021.

February 12, 2023 4:43 pm
 

Business

Nestle to pay ex manager $2.2 million over bullying case

Nestle (NESN.S) will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company, newspaper Tages-Anzeiger reported.

February 12, 2023 1:40 pm
 

Business

Wishbone opens on Brown Street

Pizza King and Wishbone Restaurant opened its sixth outlet in Brown Street, Suva.

February 12, 2023 12:18 pm

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