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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.
October 31, 2024BYD revenue exceeds Tesla's for first time, boosted by Chinese trade-in schemeChinese electric vehicle maker BYD saw its revenue top 200 billion yuan ($28 billion) in the third quarter, beating its US competitor Tesla for the first time on that particular metric. Sales have been boosted by Chinese government subsidies offered to consumers willing to trade in their petrol-powered cars for EVs or hybrids. Also in this edition, new figures show that Chinese e-commerce platforms Shein and Temu represent around a quarter of all postal packages delivered in France....more6minPlay
October 30, 2024US-China tech rivalry continues ahead of electionChina is a top priority for US foreign and economic policy and the trade tensions between the world's largest economies are set to continue, regardless of who wins the US presidency. FRANCE 24's Beijing correspondent Yena Lee reports on the state of US-China tech rivalry. Also in the show: the UK government outlines £40 billion in tax hikes, in the first Labour budget in nearly 15 years. ...more7minPlay
October 30, 2024UK Finance Minister Rachel Reeves to unveil 'big budget' to parliamentFour months after taking office, the UK's Labour government and its Finance Minister Rachel Reeves are unveiling their first budget to the House of Commons this Wednesday. In this edition, we take a look at the big spending items on the agenda and at how Prime Minister Keir Starmer's government is hoping to reduce the national deficit. Also in the show, we report on Chinese smartphone and house appliance maker Xiaomi's meteoric rise in the world of electric vehicles....more7minPlay
October 29, 2024Endorsement for cash: How influencers are being paid to court US votersInfluencers are being offered millions to support US presidential candidates … and they’re under no legal obligation to disclose it. We take a closer look. Also in this edition: Indonesia is trying to become a major player across the electric vehicle supply chain, but a wealth in raw materials might not be enough. Meanwhile, the EU has given a final green light to steep tariffs on Chinese electric cars. Plus, JPMorgan Chase customers who thought they could get "free" cash from ATMs after TikTok videos went viral may have to pay a hefty price....more8minPlay
October 29, 2024Oil prices expected to continue on downward trend despite Middle East tensionsThe World Bank Group forecasts that oil and commodity prices as a whole will continue to fall next year, in a new "Commodity Markets Outlook" published this Tuesday. The World Bank's Deputy Chief Economist, Ayhan Kose, speaks to FRANCE 24 about the report's findings and what they could mean, especially for developing economies....more8minPlay
October 28, 2024Volkswagen plans major layoffs, factory closuresVolkswagen staff have sounded the alarm over plans to slash "tens of thousands" of jobs, cut wages and close three factories across Germany. The carmaker's employee council said management had described the cost-cutting plans as necessary. If confirmed, the restructuring will mark a symbolic blow to German industry. Also in the show: FRANCE 24 reporters in Malaysia meet a former TikTok employee who has been replaced by artificial intelligence, in a controversial move by the Chinese-owned app....more6minPlay
October 28, 2024After Japan's snap election, political uncertainty leads to weaker yen and stock gainsFor the first time since 2009, Japan's ruling coalition, led by the Liberal Democratic Party (LDP) of Prime Minister Shigeru Ishiba, has lost its majority. In this edition, we look at the role played by the cost-of-living crisis in the result and what this could mean for the Japanese economy going forward. The country's central bank, the Bank of Japan, and its policy of hiking interest rates is coming under particular pressure....more4minPlay
October 24, 2024Lawsuit filed against McDonald's over E. coli outbreakA lawsuit has been filed against McDonald's over an E. coli outbreak linked to its quarter pounders. Meanwhile, Tesla's stock soared 21 percent after Elon Musk surprised investors with a strong sales forecast. Also, Boeing's crisis just got worse after factory workers voted to extend a crippling strike. Plus, a Polish radio station has replaced journalists with AI presenters....more7minPlay
October 24, 2024Boeing machinists vote to extend strike, rejecting 35% pay raise offerBoeing workers have voted to continue their strike, with 64 percent of them rejecting the latest offer that included a 35 percent wage hike over four years. The strike, now running for nearly six weeks, is worsening the planemaker's already dire financial situation. Boeing logged more than $6 billion in net loss in the latest quarter. But first, the UNDP warns that Lebanon's economy could shrink as much as 9.2 percent in 2024 if the war continues through the end of the year. ...more6minPlay
October 24, 2024Strike-hit Boeing announces $6.2 billion loss in third quarterBoeing has reported a staggering $6.2 billion loss for the third quarter, as it grapples with its ongoing financial, safety, and reputational problems. New CEO Kelly Ortberg said the American aerospace giant is at a "crossroads", as he seeks to turn the page on years of crises. Aviation expert Anita Mendiratta tells FRANCE 24 that Ortberg faces an uphill battle: "What has been very reassuring is that he's owning the opportunity to really take the Boeing company, brand, and the industry into a stronger future."...more8minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,145 episodes available.