Business

US threatens TikTok ban if Chinese owners don't sell stake

The Biden administration has demanded TikTok’s Chinese owners divest their stake in the popular video app or face a possible U.S. ban, the Wall Street Journal reported, according to people familiar with the matter.

March 16, 2023 11:30 am
 

Business

Volkswagen lays out details of planned affordable electric car

Volkswagen laid out  the details of a planned all-electric car costing under 25,000 euros ($26,790), part of the German carmaker’s push to derive 80% of VW passenger brand sales in Europe from all-electric vehicles by 2030.

March 16, 2023 8:22 am
 

Business

Apple supplier Foxconn steps up investment outside China

Apple Inc supplier Foxconn (2317.TW) said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.

March 16, 2023 7:40 am
 

Business

PRB flats suspected to be used for drug trafficking

Concerns over the safety of children residing in public rental flats have escalated due to suspicions of illicit drug transportation.

March 16, 2023 6:53 am
 

Business

FRCA wary of daylight robbery

The Fiji Rental Car Association claims that millions of dollars are lost annually to illegal operators.

March 15, 2023 4:17 pm
 

Business

Rubio want to block Ford from tax breaks

US Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford’s deal to use technology from Chinese battery company CATL.

March 15, 2023 2:10 pm
 

Business

Facebook brings back in-app messaging features, competes with TikTok

Nearly a decade after Facebook angered some users by splitting off messaging features from its flagship social networking application and forcing people to download a separate app to chat with friends, the company is now testing out reversing the move.

March 15, 2023 1:30 pm
 

Business

Elon Musk publicly mocks Twitter worker with disability

Elon Musk has apologized after publicly scoffing at a Twitter employee’s uncertainty.

March 15, 2023 12:05 pm
 

Business

Code of Conduct for tourism service providers

The Ministry of Tourism and Civil Aviation will implement the Fiji Code of Conduct for Tourism Service Providers.

March 15, 2023 10:10 am
 

Business

Volkswagen: still targeting an affordable EV by 2025

Volkswagen (VOWG_p.DE) still wants to bring an affordable electric vehicle – costing around 25,000 euros ($26,790.00) in today’s prices – to market by 2025, the carmaker said, describing it as a model below the ID.3.

March 15, 2023 9:23 am
 

Business

Honda to move Accord production to Indiana as part of EV shift

Honda Motor Co’s U.S. unit said it would move production of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of its shift to electric vehicle (EV) production. Marysville will be Honda’s first U.S. auto plant to transition to making EVs.

March 15, 2023 8:22 am
 

Business

Meta to cut 10,000 jobs in second round of layoffs

Facebook-parent Meta Platforms (META.O) said it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.

March 15, 2023 7:36 am

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