Business

Chevron pledges $75 bln for share buybacks as cash grows

Chevron Corp (CVX.N) on Wednesday said it would triple its budget for share buybacks to $75 billion, the oil industry’s most ambitious shareholder payouts to date, as high oil and gas prices pad profits.

January 26, 2023 5:10 pm
 

Business

Musk says Tesla price cuts triggered demand

Tesla Inc’s (TSLA.O) aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest.

January 26, 2023 4:24 pm
 

Business

Big plans for the sugar industry: Singh

The next four years will be critical for the sugar industry because this is when stakeholders will collaborate to restore confidence and revitalize the industry says Minister for Sugar, Charan Jeath Singh.

January 26, 2023 4:17 pm
 

Business

FRCS invests in human capital

The Fiji Revenue and Customs Service is working on two tangible initiatives for customs officers, to recognize the important role they play in the organization.

January 26, 2023 4:03 pm
 

Business

Microsoft cloud outage hits users around the world

Microsoft Corp (MSFT.O) said it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook used by millions around the globe.

January 26, 2023 2:28 pm
 

Business

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp (IBM.N) announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.

January 26, 2023 1:27 pm
 

Business

Google makes changes to Android in India

Google said on Wednesday it will allow device makers in India to license its individual apps for pre-installation and give an option to users to choose their default search engine, announcing sweeping changes to how it promotes its Android system.

January 26, 2023 1:10 pm
 

Business

Digicel to work with Australia to improve farmers' access

The Australian government is partnering with Digicel Fiji to boost agricultural productivity by improving farmer access to tailored advisory services.

January 26, 2023 12:20 pm
 

Business

Strong rebound by Australian investors: Kamikamica

Australia continues to be one of the largest sources of foreign direct investments in Fiji.

January 26, 2023 12:10 pm
 

Business

Boeing in court on fraud charge

Aircraft giant Boeing will answer a fraud charge in court later over two plane crashes that killed 346 people.

January 26, 2023 9:30 am
 

Business

Tourism industry buoyant and robust: Gavoka

The recovery trajectory for visitor arrivals is exceeding expectations, and the impact can be seen in the economy with tourists buzzing in resorts, towns, and villages.

January 26, 2023 7:33 am
 

Business

Meta says it will restore Donald Trump’s Facebook and Instagram accounts

Facebook-parent Meta said on Wednesday that it will restore former President Donald Trump’s accounts on Facebook and Instagram in the coming weeks, just over two years after suspending him in the wake of the January 6 Capitol attack.

January 26, 2023 6:50 am

End of content

No more pages to load