Business

FTX recovers $5bn but extent of losses still unknown

Crypto exchange FTX has recovered more than $5bn in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, a lawyer for the company has told a United States bankruptcy court.

January 12, 2023 12:02 pm
 

Business

Netflix to live-stream Screen Actors Guild Awards

Netflix Inc (NFLX.O) will live-stream the annual Screen Actors Guild (SAG) Awards beginning in 2024, as it explores bringing live programming to its service.

January 12, 2023 11:00 am
 

Business

Government to work on upgrading rail system: Singh

The railway network around the country will be improved to assist cane farmers in transporting cane to the mills.

January 12, 2023 11:00 am
 

Business

Labasa business community plead for help in sugar industry

The Labasa business community and the Ratepayers Association hosted the Minister for Sugar and Multi-Ethnic Affairs, Charan Jeath Singh, to a welcome celebration in his hometown last night.

January 12, 2023 10:30 am
 

Business

Google argues it doesn't block rivals in bid to kill U.S. government antitrust lawsuit

Google parent Alphabet (GOOGL.O) on Wednesday argued that a court should toss out a government antitrust lawsuit against it, saying that agreements it made with Apple and others to make Google the default search engine do not bar smartphone makers from promoting rivals.

January 12, 2023 10:27 am
 

Business

Suva Multicultural Centre hold sessions for Women

The Suva Multicultural Centre is holding sessions for students that will help them become independent and develop skills in art and craft.

January 12, 2023 10:20 am
 

Business

Tesla nears deal to build production facilities in Indonesia

Tesla Inc (TSLA.O) is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing people familiar with the matter.

January 12, 2023 9:31 am
 

Business

Judge rejects Tesla's challenge to Calif. agency in race bias lawsuit

Tesla Inc (TSLA.O) has suffered another setback in its bid to challenge the powers of California’s Civil Rights Department, which is suing the electric carmaker over alleged race discrimination at its flagship assembly plant.

January 12, 2023 6:45 am
 

Business

Changes on the horizon for sugar

Minister for Sugar Charan Jeath Singh says the Fiji Sugar Corporation will go through some major changes as the Ministry looks to get the sugar industry thriving again.

January 11, 2023 4:22 pm
 

Business

India's auto show set to feature electric cars, scooters

Electric cars, scooters and trucks are expected to take centre stage at India’s biennial car show which kicks off on Wednesday on the outskirts of New Delhi after a year-long postponement because of the COVID-19 pandemic.

January 11, 2023 4:14 pm
 

Business

Rolls-Royce, Bentley and Lamborghini had record sales last year, again

Despite broad concerns about the economy and fears of an impending recession, the ultra-wealthy seem to be doing just fine. Rolls-Royce, Bentley and Lamborghini, car brands that cater to billionaires, had record sales again last year.

January 11, 2023 12:19 pm
 

Business

US: Federal regulator considers a ban on gas stoves

Federal regulators are considering banning gas stoves as evidence mounts of their potential risks to human health.

January 11, 2023 11:20 am

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