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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

00:05:57

Political risk weighs heavily on French business climate

Business ·

2024/06/18

France's leading CAC 40 stock index made small gains at the open this Tuesday after suffering its worst week of trading since March 2022. As FRANCE 24's Bryan Quinn explains, the fallout from President Emmanuel Macron's decision to call snap elections continues to be felt across the country's business landscape, with many companies holding off on big decisions until after the polls. Also in this edition, Toyota's shareholders vote to keep Akio Toyoda as chairman despite a certification fraud

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00:07:04

Despite being climate conscious, Gen Z struggle to...

Business ·

2024/06/17

Generation Z desperately want to be eco-friendly and to work for a company with good climate credentials. But a new survey by LinkedIn has found that only one in 20 GenZers have the "green skills" needed to tackle the climate crisis. FRANCE 24's Yuka Royer speaks to Sue Duke, LinkedIn's Head of Global Public Policy, about the social network's latest findings.

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00:07:20

Australia, China work to mend torn trade ties amid...

Business ·

2024/06/17

Chinese Premier Li Qiang visits Australia seeking to repair relations after a diplomatic spat between the two countries triggered punitive tariffs. While in Australia, he will visit a Chinese-controlled lithium processing plant, as Beijing eyes more investment in critical minerals. Also in this edition: Muslim pilgrims fill Saudi Arabia as the kingdom tries to boost tourism in a pivot away from oil exports, and the US Surgeon General calls for warning labels on social media platforms.

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00:05:20

US Federal Reserve keeps rates steady despite softer...

Business ·

2024/06/12

The US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25% - 5.50% range and projected just one rate cut this year, despite soft inflation data. But first, the European Commission has informed China that it will impose new tariffs of up to 38% on Chinese-made electric cars from 4 July unless a solution is found otherwise. This comes following months of investigation into Chinese subsidies.

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00:05:36

French companies hit as markets reel from Macron's...

Business ·

2024/06/10

The euro tumbled and European stocks, particularly in France, fell sharply on Monday after far-right groups gained in Sunday's EU parliamentary elections, prompting President Emmanuel Macron to call a snap election in France. We also look at what the EU election outcome could mean for Europe's ambitious climate plans.

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00:03:56

The post-WWII economy: From the Bretton Woods system...

Business ·

2024/06/06

As the world marks the 80th anniversary of the D-Day landings, the historic moment is also remembered as a catalyst for the turning of economic tides. A series of post-war events and decisions such as the Bretton Woods Conference heralded a new era for economic cooperation and financial order. We also look at the United States' role in rehabilitating Europe with its Marshall Plan: aid worth an estimated $140 billion in today's money.

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00:06:40

India's election results show frustration over...

Business ·

2024/06/04

Indian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single day. We take a closer look at the state of the Indian economy. Plus, South Korea hosts leaders from dozens of African nations in a bid to boost trade, particularly in minerals.

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00:06:53

Indian stocks tumble as election race tighter than...

Business ·

2024/06/04

India's Nifty 50 index saw shares tumble as much as 7 percent this Tuesday as the country's election results are counted. These show a tighter race than expected, even if Prime Minister Narendra Modi is still on course to win a third term. Also in this edition, Chinese fast-fashion giant Shein is reportedly considering listing on the London Stock Exchange.

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00:05:47

Major Japanese carmakers admit to cheating on...

Business ·

2024/06/03

Japanese carmakers Toyota, Honda, Mazda, Suzuki and Yamaha have admitted to cutting corners or providing false data in safety tests needed to get vehicle models certified. The disclosures come as a result of internal investigations ordered by Japan's transport ministry in the wake of massive test rigging at Daihatsu, a Toyota subsidiary. Plus, Chinese online fast-fashion giant Shein is poised to go public on the London Stock Exchange, with a potential valuation of nearly €60 billion.

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00:06:29

Mexico's incoming president faces tough economic...

Business ·

2024/06/03

On top of security, immigration and the green transition, Mexico's President-elect Claudia Sheinbaum is facing a host of economic challenges. In this year's budget, Mexico's public deficit stands at 5.9 percent, the largest in decades. Plus, as she seeks to cut spending, Sheinbaum will have to decide what to do with Pemex, the world's most indebted oil company, which has become a drag on public finances. We take a closer look.

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00:05:27

South Africa's election turns into referendum on...

Business ·

2024/05/29

As South Africans vote in the country's general election this Wednesday, we focus on the state of the economy after three decades under the rule of the African National Congress. In this edition, we see how the country's crumbling energy infrastructure has hampered economic activity and explore the reasons behind South Africa's high unemployment rate. Also, we look at the different types of economic policies that could emerge depending on the results of the election.

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00:06:35

South Africa heads to polls as unemployment and...

Business ·

2024/05/28

When South Africa's ANC, founded by Nelson Mandela, swept to power in 1994, it promised "a better life for all". But today, South Africa is worse off than it was 30 years ago and the ruling party could lose its parliamentary majority in Wednesday's election, with voters frustrated with soaring unemployment – currently above 30 percent – and stark inequality. FRANCE 24 spoke with Dr. Azar Jammine, chief economist at the think tank Econometrix, about the state of the South African economy.

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00:05:20

Macron reiterates calls to ‘buy European’ during...

Business ·

2024/05/28

French President Emmanuel Macron made calls to "buy European" during a speech in Dresden while on a three day visit to Germany. Macron advocated for a European preference in key sectors like defence and space, following in the footsteps of Washington and Beijing. Also in this edition, FRANCE 24's China correspondent Yena Lee goes to Yiwu, the Chinese manufacturing hub benefitting from the Paris 2024 Olympics.

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00:04:43

French nuclear and German coal: A look at energy...

Business ·

2024/05/27

As Emmanuel Macron continues his state visit to Germany, the first by a French president in 24 years, we take a look at how the two countries manage their public finances and at issues they don't see eye-to-eye on. Plus, the world's most famous Shiba Inu has died at the age of 18. Kabosu went from a rescued dog to an internet sensation, and became the face of meme cryptocurrency Dogecoin, with blessings from Elon Musk.

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00:05:21

VivaTech 2024: AI dominates annual French tech show

Business ·

2024/05/23

The annual tech fair VivaTech has kicked off in Paris, drawing thousands of startups and hundreds of tech bosses. Artificial intelligence is taking centre stage, with companies touting how the technology can be applied to many practical fields such as medicine, and help address global challenges like climate change. Plus, the US government has announced that some new tariffs on a range of Chinese goods, including a 100 percent import duty on electric cars, will take effect on August 1.

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00:06:34

AI 'will not replace' journalists, VivaTech...

Business ·

2024/05/22

It’s often referred to as the biggest startup event in Europe. VivaTech opens its doors this Wednesday in Paris with 150,000 people in attendance, as well as 10,000 startups. The event takes place as signs are emerging that the French tech sector might be recovering from a period of cost-cutting and high interest rates. We discuss this and the race to develop AI skills with the co-founder of VivaTech, Pierre Louette.

en

00:04:54

Paris's VivaTech trade fair opens with focus on AI

Business ·

2024/05/22

One of Europe's largest tech conferences kicks off in Paris this Wednesday. Startups will meet investors, and guest speakers including Elon Musk will discuss the role of artificial intelligence at the VivaTech event. On Tuesday, President Emmanuel Macron announced extra investment in AI in France. Meanwhile, the EU has given its final green light to the AI Act, the first of its kind.

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00:06:26

Climate activists file criminal complaint against...

Business ·

2024/05/21

A group of NGOs have filed a criminal complaint in Paris, asking a court to open a trial against TotalEnergies' top management as well as major shareholders for the climate damage they have caused. The filing comes on the same day the French energy giant announced a new €6 billion project to develop two deepwater oil fields off the coast of Angola. Plus, OpenAI CEO Sam Altman apologises to Scarlett Johansson after the actress complained about ChatGPT's voice sounding "eerily" similar to hers.

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00:05:14

Forced labour: US Senate probe finds carmakers used...

Business ·

2024/05/21

The US Senate Finance Committee has released the findings of a two-year probe which shows that BMW, Jaguar Land Rover and Volkswagen have all used components from a Chinese supplier banned in the US under the Uyghur Forced Labor Prevention Act (UFLPA). In this edition, we find more about that particular supplier, Sichuan Jingweida Technology Group Co and why the US wants to step up enforcement of the UFLPA. Also, we look at the French unions fighting to get a summer "Olympics" bonus.

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00:05:53

Could Iranian president's death impact the country's...

Business ·

2024/05/20

Global markets appear unfazed after Iran's President Ebrahim Raisi was killed in a helicopter crash. Any political instability could deal a blow to Iran's economy, which is already struggling with US sanctions, soaring inflation and high unemployment, but many analysts believe the impact of the tragedy will be limited. Plus, it's World Bee Day, and some honey producers in France are facing a crisis after a particularly wet spring.

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