Business

Tourism industry buoyant and robust: Gavoka

The recovery trajectory for visitor arrivals is exceeding expectations, and the impact can be seen in the economy with tourists buzzing in resorts, towns, and villages.

January 26, 2023 7:33 am
 

Business

Meta says it will restore Donald Trump’s Facebook and Instagram accounts

Facebook-parent Meta said on Wednesday that it will restore former President Donald Trump’s accounts on Facebook and Instagram in the coming weeks, just over two years after suspending him in the wake of the January 6 Capitol attack.

January 26, 2023 6:50 am
 

Business

Fiji Airways continues loan repayment to FNPF

Fiji Airways has paid $116.3 million in loan principal and $99.7 million in loan interest to the Fiji National Provident Fund.

January 26, 2023 6:43 am
 

Business

Tesla plans $3.6 bln Nevada expansion to make Semi truck

Tesla Inc (TSLA.O) said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make its new 4680 battery cell.

January 25, 2023 5:10 pm
 

Business

Ministry of Finance redeploys $15 million

The Ministry of Finance has redeployed $15 million to the Fiji Roads Authority for maintenance and emergency works.

January 25, 2023 4:32 pm
 

Business

Microsoft's cloud business keeps profits flowing in tougher times

Microsoft Corpposted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end of 2022, but it may miss expectations in the current quarter.

January 25, 2023 4:10 pm
 

Business

Amazon deepens healthcare push with $5 monthly subscription

Amazon.com Inc (AMZN.O) said it is offering a $5 monthly subscription plan for U.S. Prime members that will cover a range of generic drugs and their doorstep delivery, furthering the e-commerce giant’s push into healthcare.

January 25, 2023 3:20 pm
 

Business

Musk says he had ‘no ill motive’ with his privatising Tesla tweet

Elon Musk testified that he had “no ill motive” when he tweeted in 2018 that he had funding lined up to buy out his electric car company Tesla Inc, a claim that some shareholders have branded a lie.

January 25, 2023 2:41 pm
 

Business

Volvo Cars recalls around 106,900 cars worldwide

Sweden-based Volvo Cars (VOLCARb.ST) is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said.

January 25, 2023 1:37 pm
 

Business

Union says members are disappointed by recruitment

The Fiji Flight Attendants Union says their members are disappointed by a recruitment advertisement that was put out by Fiji Airways yesterday.

January 25, 2023 11:35 am
 

Business

Investors eye Boeing jet production outlook, delivery schedule

As Boeing (BA.N) battles disruption in its supply chains, investors will be looking for the largest U.S. planemaker to satisfy questions about its planned ramp-up for commercial jets and set aside concerns over losses in major defense projects when it reports earnings Wednesday.

January 25, 2023 11:08 am
 

Business

Federal Reserve and the markets in standoff on rate hikes

Sooner or later, either Wall Street or the Federal Reserve has to blink.

January 25, 2023 8:16 am

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