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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.
June 17, 2024Australia, China work to mend torn trade ties amid rush for lithiumChinese Premier Li Qiang visits Australia seeking to repair relations after a diplomatic spat between the two countries triggered punitive tariffs. While in Australia, he will visit a Chinese-controlled lithium processing plant, as Beijing eyes more investment in critical minerals. Also in this edition: Muslim pilgrims fill Saudi Arabia as the kingdom tries to boost tourism in a pivot away from oil exports, and the US Surgeon General calls for warning labels on social media platforms....more8minPlay
June 13, 2024G7 agrees on plan to use frozen Russian assets to help UkraineG7 leaders have agreed to use the interest generated from frozen Russian assets to raise $50 billion per year for Ukraine. Also in this edition: Elon Musk is optimistic about keeping his billion-dollar Tesla pay package. And Germany gears up to host the Euros, with 3 million visitors expected across the 10 host cities....more5minPlay
June 12, 2024US Federal Reserve keeps rates steady despite softer inflation dataThe US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25-5.50 percent range and projected just one rate cut this year, despite soft inflation data. But first, the European Commission has informed China that it will impose new tariffs of up to 38 percent on Chinese-made electric cars from July 4 unless a solution is found. This comes following months of investigation into Chinese subsidies. ...more6minPlay
June 11, 2024World Bank sees global 'soft landing' but warns of sluggish growth for developing nationsThe World Bank has upgraded its global growth outlook for this year, expecting it to hold steady at 2.6 percent for the first time in three years. The latest Global Economic Prospects report, however, warns that growth still remains well below the average of the pre-pandemic decade, with the world's poorest economies still grappling with inflation and high debt. The World Bank's Deputy Chief Economist Ayhan Kose spoke to FRANCE 24....more6minPlay
June 10, 2024French companies hit as markets reel from Macron's snap election announcementThe euro tumbled and European stocks, particularly in France, fell sharply on Monday after far-right groups gained in Sunday's EU parliamentary elections, prompting President Emmanuel Macron to call a snap election in France. We also look at what the EU election outcome could mean for Europe's ambitious climate plans. ...more6minPlay
June 06, 2024ECB cuts interest rates for first time in almost five yearsThe European Central Bank has decided to lower its benchmark interest rates by 0.25 percent from a record high, effective June 12. However, the ECB also revised its outlook for the coming months and said it no longer believed inflation would hit its target of 2 percent this year, but instead would average at around 2.2 percent. Plus, Ireland is losing hundreds of young doctors every year as they emigrate to Australia in search of better working conditions. ...more5minPlay
June 06, 2024The post-WWII economy: From the Bretton Woods system to the Marshall PlanAs the world marks the 80th anniversary of the D-Day landings, the historic moment is also remembered as a catalyst for the turning of economic tides. A series of post-war events and decisions such as the Bretton Woods Conference heralded a new era for economic cooperation and financial order. We also look at the United States' role in rehabilitating Europe with its Marshall Plan: aid worth an estimated $140 billion in today's money....more4minPlay
June 05, 2024Boeing launches first crewed Starliner spacecraft to ISSAfter delays and over $1.4 billion of cost overruns, Boeing has finally launched its first crewed spacecraft into orbit. The CST-100 Starliner capsule lifted off from Cape Canaveral in Florida, carrying veteran NASA astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams. After being hit with a series of safety scandals in its commercial jetliner business, Boeing is hoping to catch up with its rival SpaceX, which has been shuttling astronauts to and from the International Space Station (ISS) since 2020. ...more6minPlay
June 05, 2024Normandy surfs on 'memorial tourism' wave for 80th anniversary of D-DayAs hundreds of thousands of people flock to the French region of Normandy to commemorate the 80th anniversary of D-Day, local businesses there are capitalising on tourists' passion for World War II history. FRANCE 24's Leo McGuinn and our colleagues from France 2 report on this business of souvenir sales and historical re-enactments. Also in this edition, we look at the UK's fiscal debate and at one think tank's warning of a looming £33 billion deficit....more6minPlay
June 04, 2024India's election results show frustration over unequal economic growthIndian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single day. We take a closer look at the state of the Indian economy. Plus, South Korea hosts leaders from dozens of African nations in a bid to boost trade, particularly in minerals. ...more7minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,145 episodes available.