Business

Tesla plans to halve production costs, affordable car a no show

Tesla Inc (TSLA.O) will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil a much-awaited small, affordable electric vehicle.

March 2, 2023 1:20 pm
 

Business

U.S. Congress votes to block ESG investing, Biden veto expected

A Republican bill to prevent pension fund managers from basing investment decisions on factors like climate change cleared Congress on Wednesday, setting up a confrontation with President Joe Biden, who is expected to veto the measure.

March 2, 2023 11:22 am
 

Business

TikTok sets 60-minute daily screen time limit for under-18s

TikTok is setting a 60-minute daily screen time limit for users who are aged under 18.

March 2, 2023 9:49 am
 

Business

Tourism Fiji takes a stand against plastic waste

The tourism industry can also contribute to efforts to conserve Fiji’s environment, says Tourism Fiji Chief Executive Brent Hill.

March 2, 2023 5:24 am
 

Business

U.S. House panel approves bill giving Biden power to ban TikTok

The U.S. House Foreign Affairs Committee voted on Wednesday along party lines to give President Joe Biden the power to ban Chinese-owned TikTok, in what would be the most far-reaching U.S. restriction on any social media app.

March 2, 2023 5:12 am
 

Business

Bank of England boss says UK interest rates may rise further

Interest rates may need to go up again to slow the cost of living down, Bank of England boss Andrew Bailey has said.

March 2, 2023 4:46 am
 

Business

Firm recovery for consumption and investment activity: RBF

Consumption and investment activity in the country is showing a firm recovery.

March 1, 2023 4:46 pm
 

Business

China's factory activity stuns with fastest growth in a decade

China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smashing expectations as production zoomed after the lifting of COVID-19 restrictions late last year.

March 1, 2023 4:41 pm
 

Business

Tourism Fiji launches new brand

Tourism Fiji launched a revitalized version of its well-known “happiness” brand to a new one, “Where Happiness Comes Naturally”.

March 1, 2023 4:26 pm
 

Business

Australia has not received advice to ban TikTok from govt devices

Australia has not received advice from its security agencies to follow the example of the United States, the European Parliament and Canada to ban Chinese video-sharing app TikTok from government devices, Treasurer Jim Chalmers said.

March 1, 2023 4:20 pm
 

Business

Fiji Fashion week secures partnership with Vodafone

The Fiji Fashion Week has secured a three-year partnership deal with Vodafone Fiji.

March 1, 2023 4:18 pm
 

Business

Tesla plant gets green light in northern Mexico

Tesla Inc (TSLA.O) will build a new assembly plant in northern Mexico, the country’s president announced, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal an official said was worth over $5 billion.

March 1, 2023 3:21 pm

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