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PODCAST

Business

FRANCE 24 English

A daily update on the latest business and economic news. Live from Monday to Thursday at 9:15am and 6:45pm Paris time.

business

All Episodes

00:05:29

Trump names China hawk Howard Lutnick as US Commerce...

Business ·

2024/11/19

US President-elect Donald Trump has chosen Haward Lutnick, a Wall Street executive and leader of Trump's transition team, to be the next US Commerce Secretary. The billionaire has been a key economic adviser to Trump and a keen advocate of using tariffs as a tool to protect American jobs and industries. Plus, German police moved to break up a protest camp outside Tesla's gigafactory in Germany, as environmental activists held out in tree houses.

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00:05:13

Donald Trump appoints TV star Sean Duffy as transport...

Business ·

2024/11/19

Sean Duffy, a former lumberjack athlete, MTV star, attorney, Fox News regular, and US Representative for Wisconsin, has been appointed as the next Transportation Secretary by President-elect Donald Trump. If confirmed, Duffy will oversee rail, cars, trucks, highways, airlines, pipelines, and mass transit systems. We take a closer look at the challenges he'll face in today’s business news.

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00:05:39

EU-Mercosur trade deal: Governments divided over...

Business ·

2024/11/19

The EU-Mercosur trade deal faces divisions among governments over ratification. Meanwhile, Toyota has unveiled its latest hydrogen hybrid model, and Spirit Airlines, the largest budget carrier in the US, has filed for bankruptcy amid over $1 billion in debt.

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00:05:22

Why French farmers oppose the EU-Mercosur free trade...

Business ·

2024/11/18

As French farmers take to the streets to oppose a potential free trade deal between the European Union and the Mercosur trade bloc in South America, we take a closer look at what the agreement entails and why the French agricultural sector and government are so strongly opposed. Also in this edition, Donald Trump nominates a fossil fuel industry CEO to head the Energy Department and a Big Tech critic to lead the Federal Communications Commission.

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00:05:10

China's Latin America trade ties take centre stage at...

Business ·

2024/11/14

China's President Xi Jinping is expected to inaugurate a new "mega port" built by shipping giant Cosco in the Peruvian town of Chancay this Thursday. The visit comes on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum and underlines the important role played by China as a trade partner in the region, overtaking the United States. Also in this edition: a university in Ireland is now offering a degree to train the next generation of social media influencers.

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00:05:42

France will not accept Mercosur trade deal in current...

Business ·

2024/11/14

As European farmers protest against a renewed push to ratify the controversial free trade agreement between the EU and the Mercosur South American trade bloc, French Prime Minister Michel Barnier has told EU chief Ursula von der Leyen that his government cannot and will not accept the deal, agreed in 2019, under the current terms. Plus, affordable housing for rent is becoming increasingly hard to come by in Paris and other cities in France.

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00:06:15

Trump taps Musk and Ramaswamy to lead 'Government...

Business ·

2024/11/13

US President-elect Donald Trump has announced that SpaceX CEO Elon Musk and one-time presidential hopeful Vivek Ramaswamy will lead a new "Department of Governmental Efficiency". The pair will be tasked with advising the administration on how to "dismantle bureaucracy". Musk had previously called for $2 trillion to be slashed from government spending. Also in this edition: French farmers plan to push back on EU plans to strike a free trade deal with South America.

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00:06:19

Shell wins appeal against landmark climate ruling

Business ·

2024/11/13

Oil giant Shell has succeeded in overturning a landmark 2021 court ruling that ordered it to cut CO2 emissions by 45 percent from 2019 levels by 2030. The appeals court in The Hague said that while companies like Shell had the responsibility to contribute to mitigating climate change, there was not enough consensus in climate science on a specific reduction percentage to impose on them. Plus, Facebook says it will offer users in Europe an option to see fewer personalised ads, in order to appease EU

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00:03:54

The cost and economic impact of Trump's mass...

Business ·

2024/11/12

As Donald Trump assembles his team ahead of a second term as US president next year, we focus on what his plans to massively deport millions of undocumented immigrants will cost and what impact it will have on the economy. The total tab could end up costing close to a trillion dollars over 10 years, and the plans could lead to severe labour shortages and troubles with food supply.

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00:07:50

Climate finance at top of agenda as COP29 opens in...

Business ·

2024/11/11

As delegates from all over the world attend the opening of COP29 in Azerbaijan this Monday, we focus on the financial needs of developing economies in their bid to transition to a green economy and build up climate resilience. A leading group of experts has calculated that, excluding China, developing economies will need $2.4 trillion annually by 2030. Also in this edition, we look at what the Trump presidency could mean for the Federal Reserve’s independence.

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00:08:01

Nissan to cut 9,000 jobs as profits plunge 93%

Business ·

2024/11/07

Japanese carmaker Nissan says it will cut 9,000 jobs globally, after net profit in the April to September period plunged 93.5% year-on-year. The company has struggled with weak EV sales in China and has missed the hybrid boom in the US. But first, Germany's "traffic light" coalition has collapsed over differences on economic policy. At the heart of the political feud is the country's "debt brake" system. Now enshrined in the constitution, it forces balanced budgets.

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00:06:19

Germany's ruling coalition collapses over economic...

Business ·

2024/11/07

On Wednesday, German Chancellor Olaf Scholz dismissed his finance minister and coalition partner, Christian Lindner, over disagreements on economic policy. The country will now be facing a snap election next year in a bid for more political stability. In this edition, we look at the issue at the heart of this split: Germany's "debt brake", which limits the country's ability to borrow money and might have to be suspended in order to revive a struggling economy.

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00:06:18

Trump 2.0: who will possible new tariffs hurt the most?

Business ·

2024/11/06

Wall Street rallied, bitcoin hit a new record while German auto stocks plunged... as markets digested Donald Trump's comeback, Chinese consumers are bracing for a possible new wave of punitive tariffs... but a new round of trade war could hit its economy harder than before. Yuka Royer spoke with economist Antonio Fatas of INSEAD who said that those promised tariffs would ultimately lead to higher inflation and hurt American consumers.

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00:06:45

US stocks retreat ahead of Election Day, but...

Business ·

2024/11/05

All three major indices on Wall Street closed Monday's session in the red ahead of Election Day in the United States, with investors preferring to turn to US treasuries in the face of political uncertainty. In this edition, we look at which stocks could benefit from a Trump or Harris presidency but also see why campaign promises need to be taken with a pinch of salt. Also in this edition, Boeing workers vote to end a seven-week strike that has cost the company billions of dollars.

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00:05:23

US housing crisis in focus as voters prepare to...

Business ·

2024/11/04

The US economy is humming, with GDP expected to grow at a healthy clip, unemployment low and inflation coming down closer to the Federal Reserve's 2 percent target. Yet polls have shown American voters are worried about the state of the economy, with home prices going through the roof. Both Kamala Harris and Donald Trump have promised to bring them down. Plus, Boeing workers are voting on a new wage offer, which could end their seven-week strike.

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00:04:27

Boeing workers to vote on new company offer to end...

Business ·

2024/11/04

Union machinists vote Monday on whether to accept Boeing's latest contract offer of a 38 percent pay raise over four years and increased 401(k) contributions. Workers are fighting for the return of the company's pension plan, jettisoned in 2014 over cost concerns. China waits for the result of the US presidential election as Beijing prepares a new round of economic stimulus.

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00:06:28

US-China tech rivalry continues ahead of election

Business ·

2024/10/30

China is a top priority for US foreign and economic policy, and the trade tensions between the world's largest economies are set to continue, regardless of who wins the US presidency. France 24's Beijing correspondent Yena Lee reports on the state of the US-China tech rivalry. Also in the show - the UK government outlines £40 billion in tax hikes, in the first Labour budget in nearly 40 years.

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00:06:16

UK Finance Minister Rachel Reeves to unveil 'big...

Business ·

2024/10/30

Four months after taking office, the UK's Labour government and its Finance Minister Rachel Reeves are unveiling their first budget to the House of Commons this Wednesday. In this edition, we take a look at the big spending items on the agenda and at how Prime Minister Keir Starmer's government is hoping to reduce the national deficit. Also in the show, we report on Chinese smartphone and house appliance maker Xiaomi's meteoric rise in the world of electric vehicles.

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00:07:05

Endorsement for cash: How influencers are being paid...

Business ·

2024/10/29

Influencers are being offered millions to support US presidential candidates … and they’re under no legal obligation to disclose it. We take a closer look. Also in this edition: Indonesia is trying to become a major player across the electric vehicle supply chain, but a wealth in raw materials might not be enough. Meanwhile, the EU has given a final green light to steep tariffs on Chinese electric cars. Plus, JPMorgan Chase customers who thought they could get "free" cash from ATMs after TikTok

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00:07:09

Oil prices expected to continue on downward trend...

Business ·

2024/10/29

The World Bank Group forecasts that oil and commodity prices as a whole will continue to fall next year, in a new "Commodity Markets Outlook" published this Tuesday. The World Bank's Deputy Chief Economist, Ayhan Kose, speaks to FRANCE 24 about the report's findings and what they could mean, especially for developing economies.

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425 results

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