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.

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.

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.

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.

The Ministry of Trade, Cooperatives, and SMEs continues to embark on financial literacy training.

The latest quarterly economic review by Westpac Fiji states that while the Fijian economy has recovered and adapted to the COVID-19 pandemic, it still faces challenges and risks.

The European Commission said on Friday it had reached a deal in principle to allow the transit of Ukrainian grain to resume through five European Union countries that had imposed restrictions.

The Ministry of Sugar has announced the appointment of four new members to the Board of Directors for Fiji Sugar Corporation and the renewal of an existing board member.

The Investment Facilitation Committee has improved investment facilitation practices to support sustainable economic growth and development.

The Fiji Secondary School Finals are not only for showcasing talented athletes but also a place for businesses to thrive and make profits from their wide range of products.

Westpac Fiji has projected that Fiji’s year-end inflation is projected to remain stable at around 3.0 per cent.

The Board of the Reserve Bank has approved further relaxation of exchange controls.