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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 1,244 episodes available.
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
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
FAQs about Business:How many episodes does Business have?The podcast currently has 1,244 episodes available.