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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 1,149 episodes available.
December 09, 2022US sues to block Microsoft's takeover of Activision in blow to big techThe US Federal Trade Commission has filed a formal complaint to stop Microsoft's $69 billion dollar acquisition of video game studio Activision. Also in the show: China and Saudi Arabia sign $30 billion in new contracts, and we see how Italy's pasta sector is under strain from high energy prices....more7minPlay
December 08, 2022Former Theranos executive sentenced to 13 years in prison for fraudRamesh "Sunny" Balwani, the right-hand man and ex-boyfriend of company founder Elizabeth Holmes, is planning to appeal an almost 13-year prison sentence for fraud. Prosecutors argued he played an essential role in defrauding investors of $900 million. Theranos falsely claimed it could run blood tests with a single prick of a finger. Also in the show, we look at two complaints filed against TikTok by the US state of Indiana, and at the South Korean government's crackdown on an ongoing trucker strike....more7minPlay
December 07, 2022Trump Organization convicted of tax fraud in New York courtAs Donald Trump eyes a return to the White House, a jury has found the Trump Organization guilty of 17 counts of tax fraud. The company paid less in tax by compensating executives with "off the books" perks such as luxury apartments. In addition to a fine, the Trump Organization will find it harder to get access to financing. Also, we take a look at protests against corruption and inflation in Mongolia. Finally, we discover the Japanese spider robots that could help with the upkeep of the country's ageing sewage system....more7minPlay
December 05, 2022Russian oil price cap and EU embargo come into effectStarting this Monday, all Russian oil sold on international markets will be subject to a G7 and EU-imposed price cap. The measure is aimed at cutting into Moscow's financing for the war in Ukraine, while maintaining global supply. The bar has been set at $60 a barrel, which Ukraine's president has criticised as being too high. Russia has responded by saying it won't sell crude to customers abiding by the cap. This Monday also sees an EU embargo on maritime deliveries of Russian crude oil come into force. Also in the show, we take a look at the EU's response to the US Inflation Reduction Act....more7minPlay
December 01, 2022Founder of collapsed crypto exchange insists he 'didn't ever try to commit fraud'Once a darling in the business and tech world, Sam Bankman-Fried has become a pariah. The founder of crypto exchange FTX, which declared bankruptcy last month, has given his first media interview since his platform collapsed. He denied any intention to commit fraud and pleaded ignorance at the mismanagement of user funds. Also in the show, we take a look at the struggles facing Venezuela's oil industry, even as US energy giant Chevron resumes some operations in the country....more7minPlay
November 30, 2022Trade tensions loom as France's Macron visits USFrench President Emmanuel Macron's state visit to the US is bringing simmering EU-US tensions over economic policy to the boil. At the heart of European criticisms are multi-billion-dollar economic support packages that could be perceived as giving the US an unfair advantage. Also in the show, the US Congress is heeding Joe Biden's call to do whatever it takes to avert a costly railroad shutdown. Plus, French butchers take to the streets to protest the rise in energy prices....more6minPlay
November 29, 2022Biden urges US Congress to force settlement of railroad disputeUS President Joe Biden has called on lawmakers to pass legislation that would avert a nationwide rail shutdown. This would impose a contract that has not been approved by all negotiating unions but would nonetheless guarantee a 24 percent wage increase for rail workers. The US economy stands to lose $2 billion a day in the event of a strike. Also in the show, we discover the hardline tactics used by South Korea's government to put an end to a truckers' strike and find out why Chinese stock markets have rebounded after the Covid protests that took place over the weekend....more6minPlay
November 28, 2022China's Covid protests lead to uncertainty on stock marketsNationwide protests against China's zero-Covid policy have left investors concerned about the outlook for the country's economy. On Monday morning, both the Shanghai Composite and Hang Seng in Hong Kong were posting losses. The price of oil was also affected, on the assumption that Chinese demand for crude will be weaker. Also in this edition, we take a look at record online sales during Black Friday....more6minPlay
November 25, 2022Black Friday sales remain popular with French consumersWe take a look at how French consumers have adopted the American tradition of Black Friday sales. With clothing expected to the number one item that will be purchased in France during the discounted period, we also find out how the globe's appetite for fast fashion is having a dire effect on Chile's desert....more7minPlay
November 24, 2022EU energy ministers hold tense talks on Russian natural gas price capTalks are taking place in Brussels on a proposal to set the ceiling for the price of Russian natural gas at €275 per megawatt hour. The plan has come under criticism from all sides for either being too complicated, too high or unnecessary. Meanwhile, the G7's plan to cap Russian oil prices will also be discussed. Also in the show, we take a look at one of the most prestigious brands in sport, which could soon be up for sale: Manchester United....more6minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,149 episodes available.