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.

The Biden administration said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.

Fiji’s tourism demand is on track to beat the pre-pandemic levels of 2019.

Tourism industry workers say that Fiji continues to punch above its weight post COVID, and a critical part of this has been working together.

The World Bank says that Fiji has a high risk of debt distress because of its high fiscal deficit.

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

Consumers will now pay more for fuel and LPG as prices increase from today.

Minister for Finance Professor Biman Prasad says a lot more needs to be done in e-governance.

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks.

Microsoft Corp (MSFT.O) on Tuesday started adding its recently upgraded Bing search engine to its Windows computer software, aiming to put artificial intelligence (AI) at the fingertips of hundreds of millions of people.

Debt and inflation remain key concerns for countries such as Fiji, as economic growth returns to the Pacific region.

The Fiji Hotel and Tourism Association has acknowledged the winners of the ANZ Fiji Excellence in Tourism Awards who were able to overcome the challenges imposed by COVID-19 on the industry.