Suva, Fiji
Temp: 79 °F / 26.1 °C
Wind: 0.0 KMH
Mostly Cloudy
INTERNATIONAL BUSINESS NEWS ....................
Australia Friday voiced confidence its vital trade ties with China would not be harmed by next week's sensitive trial of an Australian mining executive charged with bribery and industrial espionage. ... more
YouTube's creators walked away with hundreds of millions of dollars after the startup was bought by Google in 2006, according to documents released in a copyright brawl between Viacom and Google. ... more
Last-ditch talks aimed at preventing a strike by some 12,000 British Airways (BA) cabin crew collapsed Friday, leaving thousands of travellers facing chaos from midnight (0000 GMT). ... more
Americans who don't pay their taxes face hefty fines, can have their property seized or their wages witheld. Or worse still, they could find themselves named and shamed on the Internet. ... more
Partly-nationalised Lloyds Banking Group forecast on Friday that it will return to profitability in 2010 and reported strong trade in the first few months of the year. ... more
Alibaba.com, China's biggest business-to-business web group, on Thursday officially started operations in Brazil, which it said showed huge potential for growth. ... more
Sales of desktop computers soared 30 percent in February defying talk that such machines are being made obsolete by laptops, smartphones and other mobile devices. ... more
Federal Reserve chairman Ben Bernanke called for his central bank to keep broad regulatory powers Wednesday, amid a fierce debate about how to police Wall Street. ... more
Google and Intel have teamed up with Sony to develop a platform called Google TV to bring the Internet to a new generation of televisions and set-top boxes, The New York Times said Wednesday. ... more
US stocks posted modest gains Wednesday after a tame inflation report eased fears of interest rate hikes a day after the Federal Reserve issued a slightly better economic outlook. ... more
The World Bank on Wednesday urged China to let its currency rise to contain inflation and stop the economy overheating, predicting that growth will gallop ahead at 9.5 percent this year. ... more
The US Federal Reserve's decision to keep interest rates low for some time and an anticipated further loosening of monetary policy by the Bank of Japan helped Asian stocks higher on Wednesday. ... more
Japan's central bank doubled the amount of cash it would make available to banks Wednesday while keeping interest rates at a record low as it tries to kickstart a stuttering economic recovery. ... more
World oil prices rebounded from recent heavy losses Tuesday to reach 82 dollars a barrel, as the US Federal Reserve kept interest rates on hold. ... more
US-based energy giant Exxon Mobil say they have completed finalising financing and sales agreements for its US$15 billion gas project in Papua New Guinea and are ready to begin construction. ... more
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LOCAL
Cyclone damage figures by next week: DISMACAn assessment of the cost of damage caused to Fiji by Tropical Cyclone Tomas will be ready next week says the Disaster Management Office.
SPORTS
Fiji bounces back to beat PNGFiji’s loss to Wales in their opening game did not discourage the Iliesa Tanivula-coached side after they ran in seven tries to beat Papua New Guinea 41-0 in their second pool game at day two of the Adelaide 7s.
BUSINESS
Steel price increase approvedSteel prices in Fiji have increased by up to eight percent following the Commerce Commission’s approval of a submission by Fletcher Pacific Steel.
ENTERTAINMENT
Playmate's heirs left pennilessA US federal appeals court ruled Friday that Anna Nicole Smith's heirs will not receive a penny of the more than 300 million dollars she claimed to her billionaire husband's inheritance.
OFFBEAT
Chilean sailor returns cashA Chilean sailor returned four million pesos (7,600 dollars) in cash he found inside an open safe amid the rubble of a house destroyed by last month's devastating quake and tsunami, local media reported Friday.
FIJIAN
Tekivu na vuli e na ciwaSa vakadeitaka na minisitiri ni vuli ni na tekivutaki tiko na vuli e na ciwa na kaloko na vei mataka, ka sega e na walu.