Business

Asia's richest man hits back at 'con' allegations

A company owned by Asia’s richest man has hit back at a report which accused the firm of “brazen” stock manipulation and accounting fraud.

January 27, 2023 11:00 am
 

Business

Boeing says not guilty to fraud charge

Boeing has told a US court it was not guilty of concealing information about flight control systems on its 737 Max aircraft, which led to two crashes, killing 346 people.

January 27, 2023 8:32 am
 

Business

Making Fiji the ultimate destination: Gavoka

The Tourism Ministry is committed to making Fiji the ultimate destination while ensuring the industry remains an employer of choice, attracting and retaining the best talent.

January 27, 2023 6:30 am
 

Business

Recovery continues on the back of a strengthening tourism industry

Reserve Bank of Fiji Governor and Board Chair, Ariff Ali says a range of data sources indicate that Fiji’s economic recovery continues, on the back of a strengthening tourism industry and its positive flow-on effects to related sectors.

January 27, 2023 6:20 am
 

Business

Coffee Hub ready to open in Suva

Coffee Hub Fiji will offer an overseas aesthetic with a blend of our local products.

January 27, 2023 6:08 am
 

Business

Exploration company halts bauxite export

Xinfa Aurum Exploration is still yet to resume exporting bauxite from its Naibulu Mine in Dreketi due to its low quality or grade.

January 27, 2023 6:05 am
 

Business

Chevron pledges $75 bln for share buybacks as cash grows

Chevron Corp (CVX.N) on Wednesday said it would triple its budget for share buybacks to $75 billion, the oil industry’s most ambitious shareholder payouts to date, as high oil and gas prices pad profits.

January 26, 2023 5:10 pm
 

Business

Musk says Tesla price cuts triggered demand

Tesla Inc’s (TSLA.O) aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest.

January 26, 2023 4:24 pm
 

Business

Big plans for the sugar industry: Singh

The next four years will be critical for the sugar industry because this is when stakeholders will collaborate to restore confidence and revitalize the industry says Minister for Sugar, Charan Jeath Singh.

January 26, 2023 4:17 pm
 

Business

FRCS invests in human capital

The Fiji Revenue and Customs Service is working on two tangible initiatives for customs officers, to recognize the important role they play in the organization.

January 26, 2023 4:03 pm
 

Business

Microsoft cloud outage hits users around the world

Microsoft Corp (MSFT.O) said it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook used by millions around the globe.

January 26, 2023 2:28 pm
 

Business

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp (IBM.N) announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.

January 26, 2023 1:27 pm

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