Business

$600k investment creates jobs in Nadi

An investment of half a million dollars has seen Korean-based designer brand Ximi Vogue enter the Fijian market.

May 20, 2022 12:00 pm
 

Business

Russian McDonald's buyer to rebrand restaurants

McDonald’s has found a local buyer for its Russian business, after the war in Ukraine pushed it to quit the country.

May 20, 2022 10:00 am
 

Business

Twitter steps up Ukraine misinformation fight

The change follows heightened scrutiny of the social media platform after the war unleashed a new surge of misinformation, sometimes from government sources.

May 20, 2022 9:30 am
 

Business

Sri Lanka defaults on debt for first time in its history

It comes after a 30 day grace period to repay $78m (£63m) of unpaid debt interest payments expired on Wednesday.

May 20, 2022 8:10 am
 

Business

SMEs face challenges in keeping afloat

Micro, small and medium enterprises continue to face challenges in keeping afloat, says Reserve Bank of Fiji Governor Ariff Ali.

May 20, 2022 6:10 am
 

Business

Stock markets fall over rising prices concerns

US shares saw their biggest one-day drop since 2020.

May 19, 2022 1:45 pm
 

Business

Accessing credit a challenge for SMEs

Around 5500 micro, small, and medium enterprises have been assisted under the COVID-19 Credit Guarantee Scheme via the Reserve Bank of Fiji.

May 19, 2022 12:35 pm
 

Business

Martin Shkreli 'Pharma bro' released early from prison

Shkreli was serving a seven year sentence, after being found guilty of defrauding investors in 2017.

May 19, 2022 9:45 am
 

Business

Netflix cuts 150 US-based jobs after losing subscribers

Netflix has made about 150 staff redundant, a month after the streaming service said it was losing subscribers for the first time in a decade.

May 19, 2022 9:00 am
 

Business

McDonald's and Wendy's sued for burger ads

A New York man has a beef to pick with McDonald’s and Wendy’s: misleading adverts he says make their burgers look much bigger than they actually are.

May 19, 2022 8:00 am
 

Business

Californian court declares law on women on boards

A Los Angeles court has said that a Californian law requiring companies to have up to three women on corporate boards is unconstitutional.

May 18, 2022 2:10 pm
 

Business

Global firms boosting baby formula supplies in US

Global firms are boosting supplies of baby formula in the US as the country grapples with a shortage.

May 18, 2022 12:00 pm

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