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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.
November 21, 2022With $220 billion price tag, Qatar hosts most expensive World Cup in historyQatar has spent more than $200 billion preparing for the World Cup by building roads, stadiums and hotels. Although much of the infrastructure spending has been part of a larger public investment project, this tournament will be the most expensive World Cup ever. Plus, in a surprise reshuffle, Disney's former CEO Bob Iger is returning to the helm, less than a year after retiring....more6minPlay
November 17, 2022Elon Musk defends his $56 billion Tesla pay packageElon Musk has defended himself in court over a massive pay package at Tesla, as the billionaire speeds up the restructuring of Twitter following his acquisition. But first, the British finance minister is set to unveil a revised budget plan in parliament. With tens of billions of pounds in tax hikes and spending cuts, it will mark a complete reversal of the previous mini-budget, which triggered market turmoil and led to Liz Truss's resignation as prime minister....more5minPlay
November 16, 2022COP27 sponsor Coca-Cola named worst plastic polluter for fifth consecutive yearFor the fifth time in a row, the soft drink producer Coca-Cola has won the unfortunate title of worst plastic polluter of the year, according to a brand audit run by the NGO Break Free From Plastics. This year's audit found that more than 31,000 Coca-Cola branded products were among trash collected by volunteers, three times the proportion found in 2018. As a result, the company's role as sponsor of the COP27 climate summit in Egypt is raising eyebrows. Also in this edition, we take a look at the cash crunch felt by local governments in China as they find themselves unable to pay for mass Covid testing....more6minPlay
November 15, 2022Amazon slated to cut 10,000 corporate jobs amid slow consumer spendingAfter Meta and Twitter, Amazon is the latest e-commerce giant looking to reduce its payroll. Reports in The New York Times and other outlets say this is part of the company's drive to cut any lossmaking or underperforming units. The job cuts, which could represent as much as 3 percent of the group's corporate workforce, would be the largest in Amazon's history. Also in this edition, we take a look at why Japan's economic growth slowed unexpectedly in the last quarter....more7minPlay
November 11, 2022Migrant workers essential to key sectors of Italian economyOur correspondents report from Italy, where migrant workers are essential to several key sectors of the economy. This comes amid a rift between Paris and the far-right government in Rome, after France allowed a migrant rescue ship to dock following a refusal by Italy. But first, we take a look at how stock markets are responding to the latest US inflation figures....more6minPlay
October 26, 2022Should salaries be indexed to inflation?Amid a push in France to index salaries to inflation, we take a look at the potential risks and benefits of such measures, which exist in a number of European countries. Also, with Adidas dropping Ye, the artist formerly known as Kanye West, over hate speech and repeated scandals, both the sportswear giant and the artist are expected to weather financial losses. Finally, deep fakes, or digital simulations of celebrities, are on the rise in the advertising world....more6minPlay
October 19, 2022UK inflation back at 40-year high as households struggleInflation in the UK has spiked back to its 40-year high of 10.1% as households and businesses continue to struggle with soaring food and energy prices. The data come "despite the Bank of England trying to turn down the heat on this bubbling pot of prices", says Susannah Streeter, Senior Markets Analyst at Hargreaves Lansdown. The figures will add more pressure to the struggling government of Prime Minister Liz Truss....more6minPlay
October 18, 2022EU energy crisis weighs on Italy's textile industryEU policymakers remain divided over how best to deal with the ongoing energy crisis. High prices are affecting households and businesses across the bloc, including Italy's storied textiles industry, as our correspondents report. Also in the show: French unions strike amid calls for higher wages, and electric vehicles are in the spotlight at the Paris Auto Show....more8minPlay
October 11, 2022Frustration mounts as French drivers continue to face fuel shortagesShortages at fuel stations due to a refinery workers’ strike continue to impact drivers across France, resulting in long queues. TotalEnergies, which runs about a third of the country's service stations, has offered to advance pay talks but unions remain firm in their strike action. Plus, former Fed chairman Ben Bernanke, has, along with US economists Douglas Diamond and Philip Dybvig, won this year's Nobel Prize for Economics for their work on the role of banks in financial crises....more8minPlay
October 06, 2022OPEC+ production cuts pile further pressure on global inflationThe decision by the OPEC+ oil cartel to lower global production to 2 million barrels per day starting in November has prompted the US to dip into its Strategic Petroleum Reserve to dampen prices. An upcoming price cap on Russian oil could also add more inflationary pressure if Moscow decides to respond by cutting supply to participating countries. Also in this edition, we take a look at a petrol shortage in France and the tough negotiations between Elon Musk and Twitter to iron out a takeover deal....more6minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,149 episodes available.