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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

00:05:39

Volkswagen plans major layoffs, factory closures

Business ·

2024/10/28

Volkswagen staff have sounded the alarm over plans to slash "tens of thousands" of jobs, cut wages and close three factories across Germany. The carmaker's employee council said management had described the cost-cutting plans as necessary. If confirmed, the restructuring will mark a symbolic blow to German industry. Also in the show: FRANCE 24 reporters in Malaysia meet a former TikTok employee who has been replaced by artificial intelligence, in a controversial move by the Chinese-owned app.

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00:03:52

After Japan's snap election, political uncertainty...

Business ·

2024/10/28

For the first time since 2009, Japan's ruling coalition, led by the Liberal Democratic Party (LDP) of Prime Minister Shigeru Ishiba, has lost its majority. In this edition, we look at the role played by the cost-of-living crisis in the result and what this could mean for the Japanese economy going forward. The country's central bank, the Bank of Japan, and its policy of hiking interest rates is coming under particular pressure.

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00:07:51

Strike-hit Boeing announces $6.2 billion loss in...

Business ·

2024/10/24

Boeing has reported a staggering $6.2 billion loss for the third quarter, as it grapples with its ongoing financial, safety, and reputational problems. New CEO Kelly Ortberg said the American aerospace giant is at a "crossroads", as he seeks to turn the page on years of crises. Aviation expert Anita Mendiratta tells FRANCE 24 that Ortberg faces an uphill battle: "What has been very reassuring is that he's owning the opportunity to really take the Boeing company, brand, and the industry into a

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00:05:30

Harris raises record $1 billion in a single quarter...

Business ·

2024/10/22

With just two weeks to go before American voters choose their next president, Kamala Harris is leading Donald Trump by a wide margin in the money race, having raised nearly $1 billion in a single quarter. But first, as Israel continues its war against Hamas, a new UN report warns the impact of the conflict could set back development in Gaza by 69 years and is pushing three quarters of Palestinians into poverty this year.

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00:05:13

Cuba restores electricity to part of Havana, but...

Business ·

2024/10/21

Cuba has restored 50 percent of electricity to Havana following Hurricane Oscar, but a chronic lack of fuel and deteriorating infrastructure means the crisis is not over yet. Also, the AI boom has caused a surge in electricity demand and in Taiwan, atomic energy could soon be making a comeback as a result. Plus, victims of Brazil’s 2015 Mariana dam collapse took their case to a UK court this Monday.

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00:04:36

Trial opens over mining giant BHP's liability in 2015...

Business ·

2024/10/21

A long-awaited civil trial related to one of Brazil's worst environmental disasters, the 2015 Mariana dam collapse, is getting underway in London. More than 620,000 people, including relatives of 19 people killed in toxic mud, are having their cases heard in one of the largest lawsuits in English history. FRANCE 24's Yuka Royer speaks with Tom Goodhead, CEO of the law firm representing the claimants, about the significance of this trial.

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00:08:21

Amazon joins Google, Microsoft in going nuclear

Business ·

2024/10/16

As Big Tech companies consume more energy for data centres and artificial intelligence, they're under pressure to commit to clean power sources. Amazon has followed in the footsteps of Google and Microsoft in announcing new deals with nuclear power providers. Also in the show - the International Energy Agency hails the dawn of the 'Age of Electricity,' and we delve into the shift towards sustainability in the drinks industry.

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00:05:48

Boeing seeks to shore up its finances

Business ·

2024/10/15

Boeing is trying to shore up its struggling finances, to the tune of $35 billion. The aerospace giant is reeling from six years of safety issues and setbacks, and has recently announced plans to cut 17,000 jobs, or 10% of its global workforce. Business Editor Kate Moody looks at Boeing's turbulent path. Also in the show - electric vehicles take centre stage at the Paris Motor Show, but are drivers ready to make the shift?

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00:06:33

Google teams up with nuclear energy startup to power...

Business ·

2024/10/15

Tech giant Google is backing US nuclear energy startup Kairos Power to build seven small reactors which will power one of its artificial intelligence data centres. The deal comes as US energy demand is on the rise because of the increasing number of data centre projects meant to support the development of AI. Also in this edition, locals in Barcelona take to the streets once again to protest the ill effects of mass tourism.

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00:10:04

Unleashing the economic potential of second-hand...

Business ·

2024/10/14

Second-hand clothing can help countries meet environmental targets and drive economic growth, but it needs support. A new report says governments need to help unleash the sector's economic potential. Karina Bolin, president of Humana People to People Italia, says it's important to focus on textiles of good quality, rather than fast fashion. Also in the show: the Nobel Prize for Economics recognises work on reducing nations' inequality, and Barcelona sees fresh protests against mass tourism.

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00:05:27

Pharmaceutical giant Sanofi looks to sell consumer...

Business ·

2024/10/14

France's Economy and Industry ministers, Antoine Armand and Marc Ferracci, are heading to Lisieux this Monday to visit the production sites of popular headache reliever Doliprane. The visit takes place after the maker of the pill, French pharma group Sanofi, said it was in talks to sell off its consumer health business to a US private equity firm. The deal has raised fears for French health sovereignty and job security. We also take a look at the 2024 Paris Motor Show, which kicks off Monday.

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00:06:03

French PM to present 2025 budget to cabinet with...

Business ·

2024/10/10

France's Prime Minister Michel Barnier will hold a cabinet meeting this Thursday where he'll unveil his budget plan for 2025. His bid to reduce the deficit from 6.1 percent of GDP will be looked at closely on international bond markets and by the country's disparate political forces. Also in this edition, FRANCE 24's Liza Kaminov looks back at the life of Indian business tycoon Ratan Tata, who has passed away aged 86.

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00:06:19

US Justice Department considers breaking up Google in...

Business ·

2024/10/09

The US Justice Department has told a federal judge that it is mulling over recommending that Google be forced to sell parts of its operations, as a way to tackle the monopoly the tech giant holds over the online search market. This could be the biggest antitrust move in the country since the attempted breakup of Microsoft two decades ago. We discuss this and the latest figures detailing the US public deficit with venture capitalist and founder of Heroic Ventures, Michael Fertik.

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00:07:12

Trade tensions rise as EU, China impose tariffs

Business ·

2024/10/08

Global trade tensions are heating up, as China announces new tariffs on imports of European brandy. The move follows the EU decision to raise tariffs on Chinese-made electric vehicles, following similar moves by the US and Canada. Greta Peisch, a partner at Wiley Rein LLP and former General Counsel for the US Trade Representative, explains why French cognac producers are set to bear the brunt of the latest tariffs, and what's next for US-China trade relations.

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00:05:48

China's plan to boost economy underwhelms markets

Business ·

2024/10/08

China's economic planners held a highly anticipated press conference this Tuesday to announce new measures that could boost the country's lagging consumer demand. But the measures fell short of expectations for investors on the stock market, who were expecting major stimulus instead. Also in this edition: Samsung apologises for missing expectations in its latest profit guidance, despite profits being up an estimated 274 percent on an annual basis. Plus, Ghanaians protest the illegal gold mining boom

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00:05:14

One year after October 7 attacks: The economic impact...

Business ·

2024/10/07

Since the Hamas-led attacks on October 7, 2023, Israel's economy has struggled to weather the storm of the war in Gaza. Some of its sectors, like defence and technology, have continued to grow while others, like tourism, agriculture and construction, have been badly hit. Meanwhile, the scale of destruction in the Gaza Strip means it will take decades for the territory to rebuild. We take a closer look.

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00:08:12

Houthi rebels again attack commercial ships in Red Sea

Business ·

2024/10/01

Yemen's Houthi rebels claimed attacks on an oil tanker and another commercial vessel in the Red Sea on Tuesday, the first such attacks in weeks. The Iran-backed militants started targeting merchant ships last year in support of Hamas in Gaza, prompting many shipping companies to take a longer route via the southern tip of the African continent. FRANCE 24's Yuka Royer speaks with Jakob P. Larsen, head of maritime safety and security at BIMCO, about the heightened risks in the region.

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00:06:09

Dockworkers in US Eastern & Gulf ports go on strike...

Business ·

2024/10/01

The union representing 45,000 dockworkers in the United States announced a strike at midnight on Tuesday in American ports all the way from Maine to Texas. The workers are asking for better pay and guarantees against automation as the shipping industry has seen skyrocketing profits this year. The industrial action could cause higher inflation and shortages ahead of the US presidential election. Also, Ivory Coast responds to soaring global cocoa prices by increasing its buyers' price by 20

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00:06:51

Price of French butter nearly doubles in a year

Business ·

2024/09/30

The wholesale price of butter in France hit a record high in September, rocketing to €8,180 compared to €4,260 a year earlier, as an epidemic among cows affected production. But first: a new, common digital payment system has been launched in France, Belgium and Germany, backed by 16 major banks. The platform, "Wero", enables person-to-person cross-border payments instantly, at no additional cost, as EU banks aim to regain sovereignty over digital payments.

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00:06:41

Hurricane Helene shines light on woes of US home...

Business ·

2024/09/30

With private insurer losses expected to top $6 billion, Hurricane Helene is another reminder of climate change's impact on the US home insurance market. Also in this edition: the UK's last coal-fired power plant gets set to shut down after 54 years as the country pursues its green energy transition.

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425 results

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