Business

Starbucks sales, profits top estimates on China recovery

Starbucks Corp (SBUX.O) beat Wall Street estimates on Tuesday for quarterly profits and comparable sales, powered by a sharp recovery in business in China and steady demand for its coffees and cold drinks in North America.

May 3, 2023 9:51 am
 

Business

Hollywood writers strike over pay in streaming TV 'gig economy'

Thousands of film and television writers headed to picket lines for their first work stoppage in 15 years.

May 3, 2023 7:20 am
 

Business

Fiji’s trade balance in deficit

The Reserve Bank of Fiji’s Economic April Review reveals that Fiji’s trade balance is in a deficit of $669.7 million.

May 3, 2023 6:26 am
 

Business

Tesla raises prices in US, China, Japan and Canada

Tesla has raised prices in a range of up to $290 in Canada, China, Japan and the United States, its website showed.

May 3, 2023 6:24 am
 

Business

Tuna Bites campaign promotes food security

The Pacific Islands Forum Fisheries Agency and the Pacific Community launched the “Tuna Bites” campaign to celebrate the UN World Tuna Day and Pacific Tuna Month today.

May 3, 2023 5:34 am
 

Business

IMF downgrades global growth forecast

The International Monetary Fund downgraded the global growth forecast in its April World Economic Outlook.

May 2, 2023 4:30 pm
 

Business

Post Fiji welcomes new board of Directors

Isireli Leweniqila takes on the role of board chair, with Eroni Maopa, Sadassivan Naicker, Mahendra Kumar, Radhika Karunaratne, Seveci Tora, Loraini Tulele, Orisi Seruitanoa, Ritesh Singh and Post Fiji CEO Dr. Anirudha Bansod joining as board members.

May 2, 2023 4:20 pm
 

Business

BlackBerry to review strategic options for its business

BlackBerry, will conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses, the Canadian technology company said.

May 2, 2023 3:29 pm
 

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

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