Business

Philips to cut 13% of jobs in safety and profitability drive

Dutch health technology company Philips (PHG.AS) will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its products following a recall of respiratory devices that knocked off 70% of its market value.

January 31, 2023 6:20 am
 

Business

Today’s world calls for quick action: Kamikamica

Today’s rapid changes in trade, travel, and commerce call for an international standard-setting system that is able to respond more quickly to new situations.

January 30, 2023 2:30 pm
 

Business

Cooperative awareness to boost engagements

The Ministry of Trade, Co-operatives, and SMEs is focusing on strengthening partnership and cooperation with the cooperative sector.

January 30, 2023 2:01 pm
 

Business

Government aims to increase Fiji’s trading volume

Australia is Fiji’s second largest and most diverse export destination, and Fiji is seeing more opportunities to export niche, high-end premium products to the Australian market.

January 30, 2023 12:22 pm
 

Business

Luxury giant's sales soar despite China losses

The world’s biggest luxury group has reported strong sales driven by the holiday shopping season.

January 30, 2023 11:37 am
 

Business

Elon Musk’s mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.

January 30, 2023 10:33 am
 

Business

City Transformer takes aim at Europe's urban markets

Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe by the end of 2024 and will soon launch a Series B funding round to raise $50 million, the company said on Monday.

January 30, 2023 10:23 am
 

Business

Boeing's 747, the original jumbo jet, prepares for final send-off

Boeing’s 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to see its more than five-decade reign as “Queen of the Skies” end by more efficient twinjet planes.

January 30, 2023 7:40 am
 

Business

Trade is the main driver for economic growth: Kamikamica

While traditional trade agreements have ensured tariff liberalization, Deputy Prime Minister and Minister of External Trade Manoa Kamikamica says there are very few agreements that address non-tariff barriers.

January 30, 2023 6:20 am
 

Business

UK regional airline Flybe ceases trading, cancels all flights

British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant.

January 29, 2023 3:02 pm
 

Business

International arrivals at Auckland Airport resume

International arrivals have resumed at Auckland Airport this morning after a turbulent 48 hours.

January 29, 2023 9:41 am
 

Business

Air NZ plane 'lost directional control' on runway amid heavy rain

An Air New Zealand pilot “lost directional control” and crashed into runway lights while landing at Auckland Airport yesterday, amid heavy rain, authorities say.

January 29, 2023 9:38 am

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