Business

High egg prices should be investigated, U.S. farm group says

The Federal Trade Commission (FTC) should examine high egg prices for signs of price gouging from top egg companies, a farm group said, as Americans continue to pay more than ever for the household staple.

January 22, 2023 10:31 am
 

Business

Musk says higher priced Twitter subscription won't carry ads

Twitter owner Elon Musk tweeted that a higher-priced subscription to the social media platform will not carry advertisements.

January 22, 2023 9:28 am
 

Business

Demand for commercial lots in Labasa

The demand for more commercial lots has prompted the Ministry of Lands to expand and subdivide the State leases at the Vakamasuasua Industrial Area in Labasa.

January 21, 2023 4:32 pm
 

Business

Investors to be given equal opportunity: Kamikamica

Entities and businesses interested in investing in the country will be treated equally, says Deputy Prime Minister and Minister for Trade, Cooperatives, Small and Medium Enterprises and Communications, Manoa Kamikamica.

January 21, 2023 12:27 pm
 

Business

Musk on trial says his tweets don’t always affect Tesla stock

Elon Musk, Tesla Inc’s chief executive, told a jury on Friday investors do not always react to his Twitter messages as he expects in a trial over his 2018 interest in taking the electric carmaker private, which shareholders allege cost them millions in trading losses.

January 21, 2023 10:41 am
 

Business

Amazon's AWS to invest $35 bln in Virginia

Amazon.com Inc’s (AMZN.O) cloud services division said it plans to invest another $35 billion by 2040 to expand data centres in Virginia.

January 21, 2023 8:37 am
 

Business

Digicel hopeful of a result

Telecommunications companies like Digicel are waiting on the government for some funding to be able to extend their reach to far-flung communities.

January 21, 2023 7:37 am
 

Business

U.S. hits debt ceiling as partisan standoff sparks economic worries

The U.S. government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Representatives and President Joe Biden’s Democrats on lifting the ceiling, which could lead to a fiscal crisis in a few months.

January 20, 2023 3:26 pm
 

Business

Traders warned against unethical business practices

As parents are out and about doing school shopping for their children, the Fijian Competition and Consumer Commission has noted some businesses hiking the prices of products to profiteer.

January 20, 2023 12:30 pm
 

Business

Former Fiji resident opens skin care company in Nadi

A former Fiji resident’s investment of $500,000 has seen her Australian skin care company the Verve Lounge open in Port Denarau.

January 20, 2023 11:38 am
 

Business

Businesses see potential in the coffee industry

Businesses are now taking advantage of the growing opportunity in the café and coffee industry.

January 20, 2023 5:57 am
 

Business

Airbus implements A350 design change amid Qatar Airways feud

Airbus (AIR.PA) has carried out design changes to A350 passenger jets amid a $2 billion dispute with Qatar Airways over surface damage, which spilled over to a debate on security on Thursday.

January 20, 2023 5:46 am

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