Business

Lufthansa IT meltdown strands thousands of passengers

An IT failure at Lufthansa (LHAG.DE) stranded thousands of passengers and forced flights to Germany’s busiest airport to be cancelled or diverted on Wednesday, with the airline blaming botched railway engineering works that damaged broadband cables.

February 16, 2023 8:33 am
 

Business

New Biden EV charger rules stress Made In America, force Tesla changes

The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the United States immediately, and with 55% of their cost coming from U.S.-made components by 2024.

February 16, 2023 6:20 am
 

Business

Good response to COVID restrictions removal

The decision to remove the COVID-19 vaccination and travel restrictions has been well received by the people, says Minister for Tourism and Civil Aviation Viliame Gavoka.

February 15, 2023 4:26 pm
 

Business

Ministry focuses on modern and innovative trading

The Ministry of Trade, Co-operatives, SMEs, and Communications will be focusing on modern and innovative trade and economic cooperation that make sense for Fiji.

February 15, 2023 4:18 pm
 

Business

Onions put Philippines in a stew over food price inflation

Putting quality over profit during inflationary times, Manila restaurant manager Ely Cundangan has refused to mess with her signature beef marrow stew – the same amount of onions must go in the pot no matter what.

February 15, 2023 4:15 pm
 

Business

'Big Short' manager Burry, Farallon among hedge funds making bets on China

“Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets on Chinese companies ahead of the reopening of the country’s borders in January after nearly three years of restrictions, securities filings showed on Tuesday.

February 15, 2023 3:20 pm
 

Business

T-Mobile outage hits users across the U.S.

T-Mobile (TMUS.O) users across the United States reported network outages late on Monday, according to an outage tracking website, as the company said it was quickly addressing a disruption that had affected some cellular services.

February 15, 2023 2:21 pm
 

Business

Ford halts production, shipments of F-150 Lightning over possible battery issue

Ford Motor Co (F.N) said on Tuesday that it had stopped production and shipments of its F-150 Lightning electric pickup after discovering a potential battery issue during pre-delivery checks.

February 15, 2023 9:50 am
 

Business

Air India seals record order for almost 500 Airbus, Boeing jets

Air India unveiled deals on Tuesday for a record 470 jets from Airbus and Boeing, accelerating the rebirth of a national emblem under new owners Tata Group as Europe and the United States hailed deepening economic and political ties with New Delhi.

February 15, 2023 7:30 am
 

Business

Tesla changes U.S. prices for fourth time in two months

Tesla (TSLA.O) has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price adjustment by the electric vehicle maker since the start of the year.

February 15, 2023 5:25 am
 

Business

$15,000 investment into facelift of café and bar

A chain of restaurants, Island Vibes, has invested $15,000 in the refurbishment of its third outlet, trading as See Through Café and Bar.

February 14, 2023 4:24 pm
 

Business

Busy day for florist

The capital city today was filled with people wearing red attire to commemorate Valentine’s Day.

February 14, 2023 4:18 pm

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