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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.
October 05, 2022OPEC+ to slash oil output, despite US lobbyingThe group of oil producers known as OPEC+ say they will slash their daily output by 2 million barrels per day because of uncertainty in the global outlook. The decision has been slammed by the US, which had been lobbying for Saudi Arabia and other producers to pump more oil. It's also seen as a political move that sees the cartel siding with Russia. Also in the show: we hear from branding expert Allyson Stewart-Allen about Elon Musk's vision for Twitter, now that his takeover is back on....more7minPlay
October 04, 2022Elon Musk's $44 billion Twitter takeover is back onJust two weeks before going to trial, Elon Musk has agreed to follow through with his $44 billion deal to buy Twitter. The billionaire entrepreneur had tried to call off the takeover just days after announcing it in April. Twitter shares soared as the news was confirmed. Also in the show: confusion continues over the economic policies of UK Chancellor Kwasi Kwarteng, and the EU Parliament overwhelmingly approves a shift to universal phone chargers....more6minPlay
September 28, 2022UK market mayhem sparks 'unprecedented' bond-buying from Bank of EnglandThe Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes. Also in the show: Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development, tells FRANCE 24 that "the longer the sanctions continue, the greater the bite they will have" on the Russian economy....more6minPlay
September 27, 2022Norway, Poland open new gas pipeline amid Nord Stream leaksAs European leaders were warning of sabotage to the Nord Stream 1 and 2 pipelines, Poland and Norway inaugurated a new conduit that will reduce dependence on Russian gas. The move underscores the urgency of EU economies' search for new energy sources. Also in the show: our Berlin correspondents Nick Spicer and Anne Mailliet report on the German businesses being forced to close because of high energy costs, and the pound sterling stabilises a day after historic losses....more8minPlay
September 27, 2022Sterling recovers after dramatic fall but remains at historic lowAfter statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential rate hike. Also in this edition, we see why the World Bank has lowered its growth forecast for the Chinese economy. Plus, we head to Spain, where local communities are joining forces to invest in solar energy....more7minPlay
September 26, 2022A mountain of debt and soaring inflation: Challenges await Italy's MeloniAt the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt. Meloni has promised to renegotiate her country's share of the EU recovery fund, leading to a likely showdown with Brussels. We also take a look at the reasons for the dramatic drop of the British pound against the US dollar. Plus, we take a closer look at French energy giant TotalEnergies's latest investment in Qatar....more6minPlay
September 23, 2022Boeing hit with $200 million penalty for misleading investors over 737 MAX safetyBoeing is set to pay $200 million to settle charges from the US Securities and Exchange Commission that the aviation giant misled investors over safety concerns surrounding the 737 MAX amid two deadly crashes in 2018 and 2019. Also, the UK prepares to unveil a "mini-budget" of measures aimed at boosting growth and fighting inflation, while electric car giant Tesla is ordered to recall 1.1 million vehicles in the US....more6minPlay
September 22, 2022Bank of England warns UK 'may be in recession' as it hikes interest ratesThe Bank of England has warned that the UK economy may already be in recession, as it hikes interest rates for the seventh time to combat the spiralling pace of price rises. Inflation is still hovering nearly 40-year highs at just under 10 percent. Meanwhile, Turkey's central bank continues its unorthodox monetary policy, lowering interest rates despite inflation topping 80 percent. Also in the show, French President Emmanuel Macron inaugurates the country's first offshore wind farm....more4minPlay
September 22, 2022As Federal Reserve raises rates, Bank of Japan stays putMany central banks around the world are following the lead of the US Federal Reserve and raising their benchmark interest rates in order to rein in inflation. The Bank of Japan, however, is marching to the beat of its own drum. At a policy meeting this Thursday, the bank maintained its ultra-loose monetary policy in a bid to spur more internal demand. Meanwhile, the yen and many other currencies continue to fall against the dollar....more6minPlay
September 21, 2022US Federal Reserve fights inflation with third 0.75% rate hikeThe US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs. Also in the show: the German government nationalises gas giant Uniper, and our Tunis correspondents Lilia Blaise and Fadil Aliriza report on food shortages in Tunisian shops....more7minPlay
FAQs about Business:How many episodes does Business have?The podcast currently has 1,149 episodes available.