Amazon.com Inc (AMZN.O) on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.

The Fiji Sugar Corporation has been making losses amounting to millions of dollars, says the Sugar Minister.

The government will relook at laws such as the Financial Reporting Law to ensure that the bank process does not present a barrier to people opening bank accounts.

Fijians need to develop sound financial habits because even the working population is falling into a cycle of debt, says Consumer Council Chief Executive Seema Shandil.

The government needs to work on tackling Fiji’s high cost of living, says the former governor of the Reserve Bank of Fiji and Unity Fiji Party Leader Savenaca Narube.

Micro, small and medium enterprises have over a million-dollar pool of assistance that they can apply for.

The Ministry of Trade, Co-operatives, SMEs, and Communications continues to strengthen its engagement in the communication and technology sectors.

FedEx Corp (FDX.N) on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June, a spokeswoman said.

President Joe Biden on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc (AAPL.O) and Google parent Alphabet Inc (GOOGL.O) charge on mobile app stores.

Apple Inc (AAPL.O) is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn (2317.TW).

The Fiji Sugar Corporation owes $400 million to the government says Minister for Sugar Charan Jeath Singh.

The former board of the Fiji Sugar Corporation must be made to answer questions on how they allowed the FSC to run irresponsibly with lavish expenditure without transparency and accountability says the Minister for Sugar.