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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 1,146 episodes available.
November 03, 2023Disgraced 'crypto king' Sam Bankman-Fried found guilty of fraudSam Bankman-Fried has been found guilty over his role in the collapse of FTX, the cryptocurrency exchange he founded. He's been convicted of seven counts of fraud and conspiracy and will be sentenced in March 2024. Also, Apple is suffering its most prolonged sales slump in more than a decade. European stock markets are rounding off a good week after central banks paused their interest rate hikes. Finally, the first global summit on AI safety has wrapped up in the UK....more6minPlay
November 02, 2023Bangladesh garment workers continue calls for better wages as some factories ransackedThousands of Bangladeshi garment factory workers have again taken to the streets to demand better wages and voice frustration with higher rent and bills. They're calling for the equivalent of €200 per month, with most currently earning €70. Plus, the Bank of England holds its main interest rate steady at 5.25 percent, saying rates could stay high for an "extended period of time". Finally, British Prime Minister Rishi Sunak hails agreements made at the world's first AI safety summit....more5minPlay
November 02, 2023Federal Reserve holds interest rates steady as US economy charges aheadThe US central bank maintains its pause on raising interest rates, while leaving the door open for future hikes, as inflation remains well above its 2 percent target. Also, 28 countries and the EU sign the "Bletchley Declaration" calling for international cooperation on ensuring AI safety. Plus the fate of FTX founder Sam Bankman-Fried lies in a jury's hands after the closing arguments in his fraud trial....more6minPlay
November 01, 2023Emmanuel Macron in Kazakhstan in search of rare earths and nuclear dealsFrench President Emmanuel Macron has wrapped up a trip to Kazakhstan, where he called for the strengthening of France's partnership with the uranium-rich country. On Wednesday, Macron and his Kazakh counterpart signed a series of contracts, including ones involving the minerals and energy sectors. France derives most of its electricity from nuclear power, but geopolitical tensions with one of its top uranium suppliers, Niger, are seemingly prompting a drive for alternatives....more5minPlay
November 01, 2023UK hosts first-ever global artificial intelligence safety summitBritish Prime Minister Rishi Sunak hosts world leaders and tech executives at Bletchley Park to discuss the future of the AI industry. Also in this edition: office-sharing firm WeWork is reportedly close to filing for bankruptcy, and Greek olive oil producers face rising thefts as prices skyrocket....more6minPlay
October 31, 2023US auto workers' victory has big implications for industry, labour movementGeneral Motors has become the last of America's Big Three car makers to reach a deal with strikers, as the US auto industry bends to labour power after a summer of strikes across a range of sectors. Also, President Joe Biden on Monday signed an executive order on AI requiring developers to share safety test results. Plus, social media platform X – formerly Twitter – is currently valued at less than half of what billionaire tycoon Elon Musk paid for it just a year ago....more5minPlay
October 30, 2023Biden hails 'worker power' as union announces tentative deal with General MotorsThe United Auto Workers union has announced a tentative deal with General Motors to end a six-week walkout. It comes after the union clinched deals with Ford and Stellantis, the other two companies disrupted by industrial action at the "Detroit Three". Those agreements outline wage increases of roughly 25% over four-and-a-half years, plus other improvements to working conditions. US President Joe Biden hailed the news as an example of "worker power"....more6minPlay
October 27, 2023Ex-Chinese premier and advocate for economic reform Li Keqiang dies aged 68Former Chinese premier Li Keqiang died early this Friday from a heart attack at the age of 68, months after retiring from nearly a decade in office. When he took up his post, reformers had hoped Li would initiate bold economic change. Barclays even coined the term "Likenomics" to describe his broad economic vision. Ultimately, Li failed to implement significant reforms and in recent years was sidelined by President Xi Jinping, who steered the world's second-largest economy in a more statist direction. We take a closer look....more6minPlay
October 26, 2023US auto workers union, Ford reach tentative deal on new four-year contractThe largest US auto workers union and carmaker Ford have agreed to terms on a new contract that will see a 25 percent wage increase over four years. This means picketers will return to work at Ford's plants, but strikes at General Motors and Stellantis will continue. Also in this edition, we see how ad sales have boosted Meta's revenue and how the "Barbie" movie helped toymaker Mattel get out of a sales slump....more7minPlay
October 24, 2023Largest US auto workers union ramps up pressure on 'Big Three' with new strikeThe United Auto Workers union has once again escalated its strike against General Motors, Ford and Stellantis, the three major US carmakers. Some 6,800 workers at a Stellantis assembly plant in Michigan are now joining the ranks of striking auto workers to ask for a pay rise of at least 40 percent over the next four years. Also in the show, a US-China working group on economic issues holds its first meeting. Plus, Saudi Arabia makes its move in the esports world....more7minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,146 episodes available.