Business

Spotify to trim 6% of workforce in latest tech layoffs

Spotify Technology SA (SPOT.N) it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession.

January 24, 2023 3:40 pm
 

Business

Crypto lender Genesis optimistic it can resolve creditor disputes

A lawyer for the bankrupt Genesis Global Capital has said the cryptocurrency lender has confidence it can resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 bankruptcy protection by late May.

January 24, 2023 2:33 pm
 

Business

Over 500 court cases against traders

The Fijian Competition and Consumer Commission say they will continue to take action against unethical business practices.

January 24, 2023 12:40 pm
 

Business

Consumer Reports urges dark chocolate makers to reduce lead, cadmium levels

Consumer Reports on Monday urged four chocolate producers to commit by Valentine’s Day to reduce the amounts of lead and cadmium in their dark chocolate products, after testing revealed harmful levels of the heavy metals.

January 24, 2023 11:03 am
 

Business

Lab-grown meat moves closer to American dinner plates

Once the stuff of science fiction, lab-grown meat could become reality in some restaurants in the United States as early as this year.

January 24, 2023 9:45 am
 

Business

Elon Musk testifies again in trial over controversial tweet

Tesla CEO Elon Musk took the witness stand for a second day on Monday and attempted to explain the thought process behind his controversial “funding secured” tweet from 2018, pushing back at the idea that it was partly a joke.

January 24, 2023 7:55 am
 

Business

FCCC works on establishing PCRN

The Fijian Competition and Consumer Commission had various preliminary meetings with the Australian counterparts on the establishment of the Pacific Competition and Regulators Network.

January 23, 2023 4:36 pm
 

Business

Euro nears nine-month peak as ECB hawks let fly

The dollar was staring at a fourth straight session of losses against the euro on Monday as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal Reserve.

January 23, 2023 1:22 pm
 

Business

Non-compliance is higher in rural areas: Abraham

The Fijian Competition and Consumer Commission states that through their inspections, they have noted that the incidence of non-compliance is higher in rural areas.

January 23, 2023 12:33 pm
 

Business

Native Hawaiians flock to Las Vegas for affordable living

Kona Purdy never wanted to live anywhere but Hawaii. As a Native Hawaiian, he wanted his children to grow up like he did: rooted in their culture, and nourished by the mountains and ocean.

January 23, 2023 8:19 am
 

Business

FRCS to be seen as collaborative organization: Prasad

The Minister for Finance expects the Fiji Revenue and Customs Service to collaborate with businesses in a consultative manner without harassing taxpayers.

January 22, 2023 12:48 pm
 

Business

PS appointment concerning, says Sayed-Khaiyum

Former Attorney-General Aiyaz Sayed-Khaiyum has raised serious concerns about the new appointments of acting permanent secretaries.

January 22, 2023 12:37 pm

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