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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 1,085 episodes available.
January 16, 2023Davos 2023: World Economic Forum kicks off amid calls for more tax on super-richPolitical and business leaders from around the world are convening in the Swiss resort town of Davos. The theme for this year's meeting is "cooperation in a fragmented world". FRANCE 24's Kate Moody is in Davos and tells us what we should expect. Also in the show, Oxfam releases its annual report on inequality, asking many of the people present at Davos to pay more in taxes. Some 63 percent of the wealth generated since the pandemic has been captured by the richest 1 percent....more7minPlay
January 12, 2023Activist investor takes aim at Disney management, hoping for board positionDisney CEO Bob Iger is on the defensive after Trian Partners, which holds a $900 million stake in the company, published a report critical of his management and asked shareholders for a boardroom seat. The entertainment giant has seen its share price fall close to 40 percent in the past year amid concerns over its costly streaming business. Also in the show, we look at the dramatic impact of the depreciation of the Egyptian pound on the country's poorest families....more7minPlay
January 11, 2023UK ambulance workers strike as government weighs restrictionsSome 20,000 paramedics, ambulance drivers and support staff have gone on strike in England and Wales as a standoff over pay deepens. Unions are calling for better wages to deal with double-digit inflation. PM Rishi Sunak, meanwhile, is defending his government's plans to enforce minimum service levels in certain sectors, even during union-led walkouts. Also in the show: Japanese retailer Uniqlo gives staff a 40 percent pay rise, and crypto exchange Binance bucks the industry trend with a hiring spree....more6minPlay
January 11, 2023French pension reform plans raise concern among manual workersThe French government's plan to raise the retirement age from 62 to 64 has many people worried, especially those who work in physically demanding professions. Though the government says there will be possibilities for early retirement based on working conditions, we meet French metalworkers who remain concerned about their future. Also in this bulletin, Uniqlo owner Fast Retailing is raising wages for its Japanese employees by 40 percent. A week earlier, Prime Minister Fumio Kishida had urged companies to do more to help people with inflation. But first, we look at the World Bank's gloomy forecast for the world economy in 2023....more6minPlay
January 10, 2023World Bank warns economic slowdown will 'hit developing countries hard'Another economic forecast has painted a grim picture for global growth, shining a spotlight on the impact on developing economies. The World Bank's Global Economic Prospects report cuts forecasts for 95 percent of advanced economies and nearly 70 percent of emerging market and developing economies. David Malpass, World Bank Group President, told FRANCE 24 that high levels of inflation in Europe and the US "transmit into the developing countries", especially when it comes to energy and fertiliser prices....more10minPlay
January 10, 2023French government to present its pension reform plans, including raising retirement agePrime Minister Elizabeth Borne is scheduled to unveil Emmanuel Macron's cornerstone reform later on Tuesday. The government argues the system is currently financially unsustainable and will need more contributions going forward. In this show, we look at what Borne's key measures are (raising retirement age, ending specialised pension schemes) and check whether or not the system is as unsustainable as the government says it is....more5minPlay
January 09, 2023Tourism sector optimistic as Beijing lifts most border restrictions for Chinese travelersOn Sunday, tens of thousands of travelers flew in and out of China without having to submit to stringent centralised quarantine requirements. The change in policy is raising hope in neighboring countries that this will signal the return of Chinese tourists. Holiday bookings have already increased and markets are trading higher on the news, but as we explain, it will take some time for travel to return to what it was before the pandemic....more6minPlay
January 06, 2023China's Lunar New Year travel set to double from last yearChina is gearing up for the Lunar New Year, which falls on January 22. The New Year travel rush, known as "Chunyun", begins this weekend. Authorities estimate that 2.1 billion passenger trips will be made during the period, doubling from last year. But the travel rush is set to be highly unpredictable, amid a surge in Covid cases. Plus, the US antitrust regulator proposes a new rule that would enable employees to work for a rival company after leaving their jobs....more6minPlay
January 05, 2023In latest tech layoffs, Amazon says it will cut 18,000 jobsE-commerce giant Amazon has announced it will lay off 18,000 people. CEO Andy Jassy says the cuts will mostly affect the human resources teams and the Amazon Stores operations, and will represent around 6 percent of the company's 300,000 corporate workforce. This comes after similar layoff plans took place at Meta, Twitter and Salesforce. Also in the show, the annual tech event CES kicks off in Las Vegas, presenting the world's latest innovations. We take a closer look at one of them: the hands-free, self-driving baby stroller....more6minPlay
January 04, 2023French inflation stabilises, but food and energy costs remain highFrance's cost-of-living crisis shows signs of stabilising, as inflation dropped from 7.1 percent to 6.7 percent in December. It's among the lowest levels in the eurozone, but many households and businesses are still struggling. French bakers are asking for more financial aid, with the cost of flour up a staggering 45 percent. Also in the show: UK Prime Minister Rishi Sunak vows to tackle inflation and the recession, and Facebook's parent company Meta faces a €390 million fine in Ireland....more5minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,085 episodes available.