Business

Miners grow anxious as Canada tightens foreign investment rules

Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada’s crackdown on some overseas investors may limit their ability to raise funds for mines and related facilities.

March 5, 2023 12:37 pm
 

Business

Silvergate suspends crypto payments network; shares fall after-hours

Silvergate Capital Corp (SI.N) said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank raised doubts about its viability.

March 5, 2023 10:40 am
 

Business

Volkswagen's Scout to build $2 bln plant in South Carolina

Volkswagen’s (VOWG_p.DE) off-road brand Scout Motors said it would build a $2 billion manufacturing plant near Columbia, South Carolina, for trucks and SUVs.

March 5, 2023 9:27 am
 

Business

Goldman Sachs arm among bidders in possible $10 bln Subway sale: Sky News

At least six people were killed and several injured on Saturday when a fire broke out following an explosion at an oxygen plant in southeastern Bangladesh, officials said.

March 5, 2023 8:37 am
 

Business

Coconut industry investors recognized

Fiji citizens who have invested in the coconut industry were recognized at the Coconut Millers Pte Limited Presidential Award for Farmers yesterday.

March 4, 2023 4:43 pm
 

Business

LCPA supports in combating child labour

The Labasa Cane Producers Association will continue to work closely with the government to combat child labour in the sugar industry.

March 4, 2023 4:18 pm
 

Business

Mexico can't match U.S. incentives for proposed Tesla battery plant, minister says

Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico’s finance minister said, days after Tesla announced the construction of a “gigafactory” there.

March 4, 2023 2:27 pm
 

Business

Taiwan's TSMC to recruit 6,000 engineers in 2023

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW), the world’s largest contract chipmaker, will recruit more than 6,000 new staff in 2023, the company said in a statement.

March 4, 2023 1:20 pm
 

Business

IFC to boost investments in Fiji

A newly formed Investment Facilitation Committee will help facilitate and enhance innovative and high-value investments in the country.

March 4, 2023 12:36 pm
 

Business

Building partnership key to sound employment relations: Singh

Employment contracts, absenteeism and non-issuance of notice periods including workers’ attitudes and ethics are affecting businesses.

March 4, 2023 12:24 pm
 

Business

Air Canada pilots decry 'embarrassing' pay gap with U.S. after Delta deal

Air Canada (AC.TO) pilots are pressing for higher pay in the run-up to fresh contract talks, following recent gains secured by pilots at U.S. carrier Delta Air Lines (DAL.N), union representatives told Reuters.

March 4, 2023 11:21 am
 

Business

Snapchat kicks few children off app in Britain, data given to regulator shows

Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok, according to internal data the companies shared with Britain’s media regulator Ofcom and which Reuters has seen.

March 4, 2023 10:27 am

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