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A daily update on the latest business and economic news. Live from Monday to Thursday at 9:15am and 6:45pm Paris time.... more
FAQs about Business:How many episodes does Business have?The podcast currently has 1,244 episodes available.
December 06, 2021Evergrande shares plunge as it braces for another debt deadlineShares in Evergrande tumbled as much as 19 percent on Monday in Hong Kong, after the Chinese property developer warned it might not have enough funds to repay its debt, prompting authorities to summon its chairman. A grace period expires on Monday for a coupon repayment worth over $82 million, pushing the company to the verge of default once again. Evergrande has already made three 11th-hour repayments in the past two months....more6minPlay
December 02, 2021Turkey's finance minister quits as currency plunges in valueTurkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones....more9minPlay
December 01, 2021EU unveils €300 billion global investment plan to rival ChinaThe European Union has unveiled a €300 billion infrastructure investment plan. The Global Gateway project is designed to counter the growing influence of China's Belt and Road Initiative, with a focus on sustainability. Also in the show: Fiji opens up to tourists for the first time in over 600 days, and America's labour shortage hits the seasonal Santa lookalike industry....more7minPlay
December 01, 2021Japan halts new bookings on incoming flights over Omicron Covid-19 variantJapan has stopped new bookings onto incoming flights after identifying the first cases of the Omicron strain of Covid-19. The country has also tightened its quarantine requirements for all arriving passengers, and extended a ban on non-citizens coming from 10 countries in southern Africa. Travel companies have seen their shares tumble in recent days as governments tighten border rules in response to the new variant. Also today, Australia's economy feels the pinch from the recent lockdowns....more6minPlay
November 30, 2021Global markets volatile on omicron variant, inflation concernsThe omicron variant of Covid-19 has added a fresh layer of uncertainty to global stock markets. Rabobank's Senior Market Strategist Christian Lawrence talks us through the latest volatility, and what he expects from central banks in the coming weeks. Also in the show: India's coal mines could hamper the country's efforts to reduce carbon emissions....more9minPlay
November 30, 2021Twitter founder Jack Dorsey steps down as CEO, wrapping up a tumultuous tenureJack Dorsey is stepping down as CEO of Twitter. Under his leadership, the firm became one of the world's most iconic social media companies, but faced criticism over lagging growth and its approach to free speech. Also, the Omicron coronavirus variant continues to spook global investors and a virtual superyacht sells for the tidy sum of $650,000....more6minPlay
November 29, 2021Twitter's Jack Dorsey steps down as CEOThe chief executive of Twitter is stepping down, 15 years after he co-founded the social media platform. Jack Dorsey will be replaced by current Chief Technology Officer Parag Agrawal. Twitter shares surged as much as 11 percent earlier before being briefly suspended. Also on the show: Canada taps into its emergency stockpile of maple syrup to offset high demand and a disappointing harvest....more7minPlay
November 29, 2021UN report: Pandemic to cost global tourism sector €1.8 trillion in 2021International travel picked up over the summer, but Covid-19 is still expected to cost the global tourism industry some €1.8 trillion in 2021. Also, French finance minister Bruno Le Maire remains optimistic about the recovery despite concerns over the Omicron variant, and farmers in India continue their protest movement despite concessions from the government....more6minPlay
November 26, 2021Embracing Black Friday, retailers outside US aim for another spike in salesBlack Friday was born in the US, but this day of sales and promotions has become an increasingly global event. Also, Turkish consumers grapple with a plunge in the lira, residents of Brussels awaken to a city without Uber, and British fair competition regulators win some new pledges from Google....more5minPlay
November 25, 2021French savers draw down their "Livret A" accounts amid rising inflationFrance's popular, government-regulated tax-free savings account scheme, known as the "Livret A", is likely to raise interest rates in February after recording the biggest deposit outflow since 2014....more6minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,244 episodes available.