Business

TikTok congressional hearing: CEO Shou Zi Chew grilled by US lawmakers

U.S. lawmakers on Thursday battered TikTok’s chief executive about potential Chinese influence over the platform and said its short videos were damaging children’s mental health, reflecting bipartisan concerns over the app’s power over Americans.

March 24, 2023 7:06 am
 

Business

Factbox: Warren Buffett's investments in financial firms

Berkshire Hathaway’s Warren Buffett has been in discussions with senior Biden administration officials about the banking crisis, leading some to speculate that Buffett would consider investing in the sector following the collapse of Silicon Valley Bank.

March 24, 2023 6:51 am
 

Business

BlackRock to keep questioning boards on 'material' climate risks

BlackRock Inc, the world’s largest asset manager, said on Thursday it would continue to push companies for details on how they treat “material” climate-related risks, despite criticism from some U.S. politicians for its stance on the energy transition.

March 24, 2023 5:53 am
 

Business

Concerns over artificial price hike

The Fijian Competition and Consumer Commission is stepping up efforts to combat the artificial inflation of prices by small and medium enterprises.

March 23, 2023 4:59 pm
 

Business

TikTok would be tough to ban in the US without a new law

The Biden administration is under pressure to ban the popular Chinese-owned social media app TikTok, but any such move likely hinges on the passage of a new law that bolsters the government’s authority to regulate speech, experts said.

March 23, 2023 2:26 pm
 

Business

First Republic shares fall as Yellen says not considering 'blanket insurance' on bank deposits

First Republic shares fall as Yellen says not considering ‘blanket insurance’ on bank deposits

March 23, 2023 1:37 pm
 

Business

UN warns 'vampiric overconsumption' is draining world's water

The United Nations used its first conference on water security in almost half a century on Wednesday to exhort governments to better manage one of humanity’s shared resources.

March 23, 2023 10:46 am
 

Business

French retailer Carrefour extends boss's tenure for three years

French supermarket retailer Carrefour (CARR.PA) has agreed to extend chairman and CEO Alexandre Bompard’s term for another three years, through to its 2026 annual shareholder meeting, it said on Wednesday.

March 23, 2023 9:41 am
 

Business

Tuna supply remains a challenge: PAFCO

Pacific Fishing Company is reportedly facing challenges in the quality of tuna fish from suppliers.

March 22, 2023 4:21 pm
 

Business

Taxi drivers and operators under spotlight

107 complaints have been lodged by consumers against taxi drivers and operators since January last year.

March 22, 2023 1:27 pm
 

Business

Walesi Chair refutes claims

Walesi Board Chair Robert Khan claims that the $123 million paid by the Fiji Government over seven years to establish the Walesi platform was not paid to any one individual person.

March 22, 2023 1:03 pm
 

Business

Do not jump the tax gun: Prasad

There is no decision yet on any tax increase, and the Minister for Finance has called on those making claims to make their contribution to the Fiscal Review Committee and attend the National Economic Summit later next month.

March 22, 2023 12:32 pm

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