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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 1,145 episodes available.
December 05, 2024With the government down, what will happen to France's budget?French President Emmanuel Macron lashed out at the far left and the far right for uniting an "anti-Republican front" to bring down the government after Prime Minister Michel Barnier was ousted by a vote of no-confidence. He promised to name a new prime minister within days and that a special budget bill would be tabled by mid-December. Yuka Royer looks at what will likely happen next....more6minPlay
December 05, 2024Currency and bond markets price in fall of France's governmentAs France's National Assembly voted to oust Prime Minister Michel Barnier's government, we look at how markets have responded to the news. Chief among investor concerns are what this latest chapter in French political life will mean for the country's growing national deficit and its ability to pay off debt. Credit ratings agency Moody's said in a note this Thursday that the ouster of the government "reduces the probability of a consolidation of public finances"....more5minPlay
December 03, 2024US-China chip war heats up as Beijing bans export of key mineralsA day after the US government announced new export restrictions hitting China's chip industry, Beijing retaliated with a ban on the sale of key minerals like gallium and germanium to the United States. Plus, after its bizarre rebranding campaign was met with a social media storm, Jaguar unveiled its next-generation, all-electric concept car as it tries to turn around its business. ...more6minPlay
December 03, 2024Vietnamese real estate tycoon to raise $9 billion or face death penaltyAn Ho Chi Minh City court upheld a death sentence for Vietnamese real estate magnate Truong My Lan after convicting her for embezzlement and bribery in the country's biggest financial fraud case. The 68-year-old still has the right to request a review of the case and can also commute her sentence to life imprisonment if she raises 75 percent of the sums she embezzled, which would total $9 billion. Also, a new plan to reduce the chances of drought in the Panama Canal raises concerns. ...more6minPlay
December 02, 2024Stellantis CEO Carlos Tavares resigns amid plummeting vehicle salesThe board of the world's fourth largest automaker, Stellantis, said that its CEO Carlos Tavares had stepped down from his position on Sunday. The group, which owns brands such as Jeep, Chrysler and Peugeot, had experienced a sharp fall in sales this year, especially in the US market. Also, we look at how a political impasse over budget talks could bring down the French government. ...more7minPlay
November 28, 2024Putin says there's no need to panic over Russia's plummeting rubleRussian President Vladimir Putin says there's no need to panic over the country's plummeting currency, despite the ruble weakening to its lowest level in over two years. Plus, Australia has passed a law banning social media for under-16s. Voters in Ireland are heading to the polls on Friday, but whoever ends up governing the country will be faced with a unique economic situation. Plus, political uncertainty in France has briefly driven its borrowing costs to the same level as Greece's for the first time....more8minPlay
November 28, 2024LVMH boss to testify in trial of former French spy chief SquarciniBernard Arnault, France's richest man and the billionaire head of luxury group LVMH, is set to take the witness stand in a Paris court in the trial of Bernard Squarcini, the former head of France's domestic intelligence agency. Squarcini is accused of using his contacts and influence for private gain by providing confidential information to Arnault, his main client. Plus, it's Thanksgiving Thursday but many Americans are finding it harder to host a traditional holiday dinner due to rising prices, especially of eggs. ...more7minPlay
November 27, 2024French borrowing costs spike amid political turbulenceAnother looming political crisis is battering France's reputation on global markets. Borrowing costs spiked as investors looked to a possible vote of no confidence over the government's budget proposal. That led the spread between French and German bond yields to hit its highest level since 2012. Also in the show: Ursula von der Leyen vows to increase the EU's defence spending, as Russia ramps up its own defence budget. ...more6minPlay
November 27, 2024As ceasefire takes effect, Lebanon's economy is shattered by warA ceasefire deal between Israel and Hezbollah, brokered by the US and France, went into effect this Wednesday, paving the way for the more than 1.2 million Lebanese citizens displaced by war to return home. More than a year of cross-border fighting had cost Lebanon an estimated $8.5 billion in physical damage and economic losses by late October. Also in this edition, German workers are taking sick leave in record numbers. Our team on the ground finds out why. ...more5minPlay
November 26, 2024Trump vows steep tariffs on Mexico, Canada and China over drug trafficking, migrationUS President-elect Donald Trump has announced that he will slap a 25 percent across-the-board tariffs on all imports from Mexico and Canada unless they stop the flow of illegal drugs and migrants into the United States. Separately, he also vowed to impose a 10 percent duty on Chinese imports, in addition to other tariffs. Also in this edition: as France seeks to rally support for its opposition to the EU-Mercosur trade deal, French supermarket giant Carrefour is facing a boycott from meatpackers in Brazil....more6minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,145 episodes available.