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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

00:07:40

France's 2024 budget deficit could top 6% of GDP:...

Business ·

2024/09/25

As France's newly-formed government faces pressure to finalise its spending plans for 2025, budget minister Laurent Saint-Martin said the state of public finances was worse than was expected only a few days ago, and that this year's budget shortfall could top 6% of GDP, far above the government's earlier estimate of 5.1%. Plus, Commerzbank has named Bettina Orlopp as its new CEO, as it tries to fend off a possible hostile takeover by Italy's UniCredit.

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00:05:46

Tough talks ahead for Volkswagen and unions over...

Business ·

2024/09/25

Executives from Volkswagen and labour leaders are meeting this Wednesday in Hanover to discuss a new labour agreement. In the face of increased competition and high costs, the company has called for drastic cost-cutting measures. In this edition, we look at why the storied German industrial champion has hit a rough patch. Plus, our correspondents in Germany head to a town that's depended on VW's good health since the 1960s and is now planning for the worst.

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00:07:47

California sues ExxonMobil for misleading public on...

Business ·

2024/09/24

In a first-of-its-kind lawsuit, the US state of California has sued ExxonMobil for fraud over plastic recycling. The state's attorney general accuses the oil giant of deceiving the public for decades by promoting recycling as a solution to plastic waste management while knowing that it isn't viable to do so at scale. FRANCE 24's Yuka Royer speaks with Alyssa Johl, Vice President of Legal and General Counsel at the Center for Climate Integrity.

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00:06:39

China announces new measures to boost its struggling...

Business ·

2024/09/24

The governor of the People's Bank of China, Pan Gongsheng, has announced new measures meant to boost the country's ailing economy. China's central bank is lowering its benchmark interest rate as well as reducing the cash requirement that banks are supposed to hold in a bid to free up lending capacity and reach the government's target of 5 percent growth this year. Also in this edition, a new report outlines the deforestation threats in Malaysia's Sarawak state and what the EU can do about it.

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00:08:07

Germany warns Italy's UniCredit against 'hostile...

Business ·

2024/09/23

German Chancellor Olaf Scholz has warned against a "hostile takeover" of Commerzbank, after Italy's UniCredit revealed it had significantly increased its stake in Germany's second-largest bank, from 9 percent to 21 percent. Plus, with New York's Climate Week underway alongside the UN General Assembly, FRANCE 24's Yuka Royer speaks to Gregory Renand, head of the Z Zurich Foundation, about the need to boost measures to help vulnerable communities adapt to the consequences of climate change.

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00:06:25

New French government faces deepening deficit and...

Business ·

2024/09/23

France's new economic team is led by two young and relatively unknown members of President Macron's pro-business coalition. They face a host of fiscal challenges as they try to reduce deficits without raising taxes on France's middle class.

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00:05:42

Economy high on voters' mind ahead of Sri Lanka...

Business ·

2024/09/19

Sri Lankan voters will head to the polls this Saturday to choose a new president. We'll see why the economy will be at the heart of the campaign with the financial collapse of 2022 still present in peoples' minds. In 2024, economic indicators have recovered but Sri Lankans are still suffering. Also in this edition, Donald Trump accuses the US federal reserve of "playing politics" after it cut its target interest rate.

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00:07:23

US Federal Reserve cuts interest rates for first time...

Business ·

2024/09/18

The US Federal Reserve lowered its key lending rate by a deeper-than-expected 0.5 percent, in its first rate cut in more than four years. The move indicates that while monetary policymakers are confident about taming inflation, their focus has shifted to supporting the slowing job market. Plus, France 24's Yuka Royer speaks with Regina Mayor, Global Head of Clients & Markets at KPMG International, about what is top of mind for global CEOs amid economic uncertainty and technological advances.

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00:06:19

Norway now has more electric vehicles than...

Business ·

2024/09/18

Norway's road federation revealed on Tuesday that the number of electric vehicles on its roads was now larger than the number of petrol cars. Though diesel cars are still the most common type of vehicle in the country, EVs could overtake them in 2026. In this edition, we take a look at why Norway is leading the way in the transition to electric mobility. Also on the show, we discover the sweet Algerian spread that's creating a viral sensation in France and attracting the attention of regulators.

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00:07:33

UK to expand ETA entry scheme for all visitors in 2025

Business ·

2024/09/12

Visa-free travellers going to the UK will have to get permission prior to their visit as the government expands its Electronic Travel Authorisation, or ETA, scheme to all visitors. A similar plan is also in the pipeline for the European Union. Plus, the Olympics may be over but the medal race continues. Around 1,400 people from nearly 70 countries are taking part in the 47th edition of the WorldSkills competition that's underway in the French city of Lyon.

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00:06:06

Boeing factory workers to vote on new union contract...

Business ·

2024/09/12

Boeing workers in Washington and Oregon will be voting on Thursday night on whether to accept a new contract offer that increases wages by 25 percent over the next four years. If the deal is turned down, as has been predicted by union organisers, they will need a two-thirds majority to approve strike action. Also in this edition, we take a look at the plight of migrant workers in Singapore as Pope Francis calls for them to have a "fair wage" during his visit to the city-state.

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00:07:33

Spain's PM urges EU to drop proposed tariffs on...

Business ·

2024/09/12

As the EU prepares to impose additional, heavy tariffs on Chinese-made electric cars, Spain's prime minister has called on both sides to find a compromise to avoid a trade war. Pedro Sanchez made the comments during a trip to Beijing where he met President Xi Jinping. Plus, the British government says it has reached a new, improved deal with Tata Steel for the thousands of workers at the Port Talbot Steelworks who are set to be made redundant soon.

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00:04:58

Trump, Harris clash on trade and tariff policies...

Business ·

2024/09/11

During Tuesday's US presidential debate, Vice President Kamala Harris and former president Donald Trump clashed over their plans on foreign trade. In this edition, we take a look at what both of them are advocating when it comes to applying import duties and countering China. Plus, FRANCE 24's Eliza Herbert outlines the candidates' plans to improve the US economy and the lives of ordinary Americans.

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00:08:05

Top EU court orders Apple to pay €13 billion in back...

Business ·

2024/09/10

In a major win for EU regulators, the European Court of Justice has ruled that Apple must pay €13 billion in back taxes to Ireland, dismissing a final appeal by the company against the European Commission's 2016 order. Separately, the court upheld a €2.4 billion fine imposed on Google over its online shopping comparison service. Plus, taking space tourism to a whole new level: SpaceX launches Polaris Dawn, an all-civilian mission aiming for the first privately-funded spacewalk.

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00:06:46

Apple launches new iPhone with AI capabilities amid...

Business ·

2024/09/10

US tech giant Apple unveiled its new iPhone 16 on Monday in California, which it said is built to include artificial intelligence features. This is Apple's bid to reverse a slump in sales, especially as iPhones represent almost half of all revenue at the trillion-dollar company. Also in this edition, a new report from the EU Commission says that €800 billion are needed annually in order for the bloc to compete with China and the US.

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00:05:01

Google faces new antitrust trial over advertising...

Business ·

2024/09/09

A new antitrust trial for Google parent Alphabet gets underway, this time over its ad services following a judge's ruling last month that its search engine business is a monopoly. Also in this edition, France asks the EU for more time to deliver a plan to reduce its budget deficits and debt.

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00:07:36

Lebanon's ex-central bank chief arrested over alleged...

Business ·

2024/09/03

Lebanon's former central bank governor, Riad Salameh, has been arrested in Beirut. Once lauded for reviving the country's economy after the civil war, Salameh's later years in office were marred by allegations of financial crimes including embezzlement and money laundering. Plus, the trial against Martin Winterkorn, the former CEO of Volkswagen, has begun nine years after the "Dieselgate" emissions cheating scandal sent shockwaves through the global auto industry.

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00:08:05

Kamala Harris says US Steel should remain...

Business ·

2024/09/03

US vice president and presidential candidate Kamala Harris used a Labor Day speech to criticise a deal that would see American steelmaker US Steel taken over by Japan's Nippon Steel. The $14.1 billion takeover was agreed to in principle in December of last year but has come under heavy criticism from the United Steelworkers union. Also in this edition, surging demand for Oasis concert tickets has pushed the UK to crack down on "dynamic pricing" on ticketing platforms.

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00:06:55

Brazil's Supreme Court panel unanimously upholds...

Business ·

2024/09/02

A panel of five Supreme Court justices in Brazil has unanimously upheld the decision of one of its judges to block Elon Musk's social media platform X in the country. The platform has already been suspended since Saturday for violating local rules. According to Brazil's telecoms regulator, only Starlink, the satellite operator controlled by Musk, says it will not comply with the order. Plus, German employers are worried after the anti-immigration AfD made a strong showing in state elections.

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00:05:35

AfD surge alarms German businesses desperate for...

Business ·

2024/09/02

The historic showing for Germany's far-right anti-immigrant AfD party in Sunday's state elections threatens to complicate the country's search for the foreign talent it needs to maintain its labour force. We take a closer look. Also in this edition: Brazil's Supreme Court votes on whether or not to uphold a nationwide ban on social media platform X.

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425 results

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