Business

Former ANZ Fiji CEO joins HFC Bank board

HFC Bank has appointed Robert Bell to its Board of Directors who will join six other esteemed directors to serve as an independent member.

July 30, 2022 11:40 am
 

Business

Russia gas cuts stoke Asia’s energy security fears

Analysts say disruptions to Nord Stream 1 pipeline could accelerate the move away from liquified natural gas in the region.

July 30, 2022 9:20 am
 

Business

LPG prices to drop

The prices for Liquefied Petroleum Gas will decrease from Monday.

July 29, 2022 4:45 pm
 

Business

Meta sees first ever quarterly drop, misses estimates

Recession fears and competitive pressures are weighing on the digital ads sales of the social media giant.

July 29, 2022 3:25 pm
 

Business

JetBlue agrees to buy Spirit Airlines for $3.8bn

The deal announcement comes after months of thorny negotiations and bidding wars.

July 29, 2022 3:05 pm
 

Business

Investment Fiji embarks on a new journey

Investment Fiji will from Monday be a fully-fledged Investment Promotion Agency.

July 29, 2022 3:00 pm
 

Business

U.S. economy shrank at annual rate of 0.9% in the second quarter

The U.S. economy shrank between April and June of this year, marking the second consecutive quarter of declining economic activity — a sign the U.S. may be teetering on the edge of a recession.

July 29, 2022 2:35 pm
 

Business

Amazon Takes $2 Billion Loss

Amazon revealed its second-quarter 2022 earnings Thursday, reporting a loss of $2 billion but an increase in ad sales and revenue, which it attributes in part to the upcoming debuts of “Thursday Night Football” (Sept. 15) and “The Lord of the Rings: The Rings of Power” (Sept. 2).

July 29, 2022 1:55 pm
 

Business

US economy shrinks again sparking recession fears

The US economy has shrunk for the second quarter in a row.

July 29, 2022 9:20 am
 

Business

KitKat maker Nestle puts up prices again

KitKat maker Nestle has put up its prices again due to “unprecedented” increases in costs.

July 29, 2022 7:29 am
 

Business

Asia's richest woman lost more than half her fortune in China's property crunch

Yang Huiyan, Asia’s wealthiest woman, has seen her wealth fall to $11 billion from nearly $24 billion this year as China’s property crisis escalates, according to the Bloomberg Billionaires Index.

July 29, 2022 6:30 am
 

Business

Fiji’s buoyant economy supports smaller budget deficits: ANZ

ANZ has reported that Fiji’s 2022-23 National Budget shows restraint in public sector spending even though an election is due to be called soon.

July 28, 2022 3:26 pm

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