Business

Zoom cuts 15% of staff in post-pandemic 'reset'

Zoom, the video conferencing company that became a household name when remote work spiked during the Covid pandemic, is laying off 1,300 staff.

February 8, 2023 4:50 pm
 

Business

FDB assists Ministry diversify products

As the Ministry of Agriculture plans to diversify into non-sugar products on a larger scale, the Fiji Development Bank has developed special facilities for ginger and rice farmers.

February 8, 2023 4:20 pm
 

Business

New grant introduced

A Blue Accelerator Grant Scheme has been introduced to boost the private sector, including micro, small, and medium enterprises and co-operatives, to sustainably unlock the development potential of Fiji’s blue economy.

February 8, 2023 3:50 pm
 

Business

Bed Bath & Beyond closes stores and raises $1 billion to stave off bankruptcy

Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87 locations.

February 8, 2023 3:13 pm
 

Business

Sugar mills to undergo testing

The Fiji Sugar Corporation after preparing the sugar mills for this year’s crushing season will first test the sugar mills without cane.

February 8, 2023 11:32 am
 

Business

Ferrari names Lorenzo Giorgetti as chief racing revenue officer

Ferrari (RACE.MI) said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue officer, tasked with boosting long-term relations with sponsors across all racing activities.

February 8, 2023 10:20 am
 

Business

Microsoft packs Bing search engine, Edge browser big challenge to Google

Microsoft Corp (MSFT.O) is revamping its Bing search engine and Edge web browser with artificial intelligence, the company said on Tuesday, in one of its biggest efforts yet to lead a new wave of technology and reshape how people gather information.

February 8, 2023 9:49 am
 

Business

BP makes record profit in 2022, slows shift from oil

BP (BP.L) reported a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas output and reduce carbon emissions by 2030.

February 8, 2023 8:37 am
 

Business

FedEx, Southwest planes believed under 100 feet apart: NTSB

The chair of the U.S. National Transportation Safety Board (NTSB) said a FedEx Boeing 767 cargo plane and a Southwest Airlines 737-700 that nearly collided were “probably under 100 feet (30.5 meters) vertically from each other,” according to preliminary information on Monday from the investigation.

February 8, 2023 7:27 am
 

Business

Food business thrives in Labasa

Three sisters from Lautoka are now business owners in Labasa after successfully opening a restaurant in the northern town.

February 7, 2023 4:20 pm
 

Business

Pakistan blocks Wikipedia, says it hurt Muslim sentiments

Pakistan’s media regulator said Monday it blocked Wikipedia services in the country for hurting Muslim sentiment by not removing purportedly blasphemous content from the site.

February 7, 2023 11:19 am
 

Business

Google launches ChatGPT rival called Bard

Google is launching an Artificial Intelligence (AI) powered chatbot called Bard to rival ChatGPT.

February 7, 2023 10:29 am

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