Business

FDB grants permanent contracts, increases retirement age

The Fiji Development Bank has announced that it will be offering permanent contracts to all of its employees, while also raising the retirement age from 55 to 60 years.

May 2, 2023 2:46 pm
 

Business

FNPF’s business assistance ends soon

The Fiji National Provident Fund will cease its COVID-19 microbusiness assistance on May 12th.

May 2, 2023 12:24 pm
 

Business

Tourism marketing needs right tools

A more targeted marketing approach is needed to ensure that the hotel and tourism industries are able to attract visitors with strong spending power.

May 2, 2023 12:08 pm
 

Business

Ford wins reversal of $105 mln trade secrets verdict

A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.

May 2, 2023 10:43 am
 

Business

Florida board picked by DeSantis to countersue Disney

An oversight board appointed by Florida Governor Ron DeSantis said it would file a countersuit against Walt Disney Co in state court, according to prepared remarks seen by Reuters.

May 2, 2023 8:23 am
 

Business

Meta plans $7 billion bond issue

Meta Platforms is planning to raise $7 billion in a second bond offering, Bloomberg News reported, citing a person familiar with the matter.

May 2, 2023 7:34 am
 

Business

Manila airport cancels 40 domestic flights after power outage

An unexplained power outage at Manila airport’s Terminal 3 on Monday led to about 40 domestic Cebu Pacific (CEB.PS) flights being cancelled, the airport said.

May 1, 2023 4:29 pm
 

Business

Australia to reveal huge budget rebound, pledge restraint in response

Australia’s Labor government is set to reveal a vast improvement in the budget bottom line next week as its coffers bulge with tax windfalls, yet the outlook will be a sober one as fiscal challenges loom large.

May 1, 2023 2:52 pm
 

Business

Subway comes up with debt plan to clinch $10 billion-plus sale

The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition financing plan, hoping to overcome a challenging environment for leveraged buyouts and fetch the company’s asking price of more than $10 billion, people familiar with the matter said.

May 1, 2023 12:23 pm
 

Business

Twitter to allow publishers to charge users on a per article basis starting today

Twitter CEO Elon Musk said that the social media platform will allow media publishers to charge users on a per-article basis with one click.

May 1, 2023 11:20 am
 

Business

Brazil's Lula pledges new minimum wage policy, expanded tax exemption

Brazilian President Luiz Inacio Lula da Silva pledged on Sunday to introduce a new policy of real increases in the minimum wage and announced plans to raise the income tax exemption for lower-income earners.

May 1, 2023 10:03 am
 

Business

Analysis: Inflation, labour crunch prodding Japan's smaller firms to raise pay

Rising inflation and an intensifying labour crunch are prodding smaller local Japanese firms to follow their big counterparts in raising pay, a move that can generate broader wage hikes and encourage the central bank to phase out its massive stimulus.

May 1, 2023 9:48 am

End of content

No more pages to load