Business FRANCE 24 English
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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.
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Australian PM slams "arrogant billionaire" Elon Musk amid row over censorship
A war of words is escalating between the Australian government and the owner of X, with Anthony Albanese calling Elon Musk an "arrogant billionaire who thinks he's above the law" in response to Musk's social media comments accusing the Australian government of censorship. The spat stems from X's reluctance to comply with the country's intetrnet regulator's order to take down footage of last week's alleged terrorist attack in Sydney.
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Youth unemployment takes centre stage in Indian elections
As India's opposition leader Rahul Gandhi claims on the campaign trail that Prime Minister Narendra Modi has made the country into a "centre of unemployment", we look at the situation that young Indians face on the job market. Also in this edition, the US will see its first high-speed rail line in 2028, when commuters will be able to travel from Los Angeles to Las Vegas in just over two hours.
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Turkish president visits Iraq to bolster economic ties
Turkey's President Recep Tayyip Erdogan was in Iraq this Monday on his first official visit in over a decade. Erdogan signed a raft of deals in a bid to reset rocky relations. High on the agenda was the water issue, stemming from Turkey's construction of dams on the Tigris and Euphrates rivers that has reduced water supply downstream to Iraq. We take a closer look.
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Most of world's biggest private companies failing to set net zero targets: report
A report by Net Zero Tracker released this Earth Day shows that most of the world's biggest private companies have failed to set net zero targets. Only 40 of 100 private firms studied have pledged to achieve zero carbon emissions, compared to 70 out of 100 publicly-listed firms. Net Zero Tracker blames a lack of market and reputational pressures, as well as an absence of regulation. Plus, electric car giant Tesla slashes prices across several markets as its sales decline.
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'Bitcoin halving' is coming. So what is it all about?
As the clock ticks down towards the next "bitcoin halving" – an event coded into the cryptocurrency's algorithm to slow down the introduction of new coins into circulation – we take a deep dive into the history of bitcoin and the blockchain technology powering it. Plus, Venezuela's President Nicolas Maduro remains defiant after the US decision to reimpose sanctions on his country's oil sector.
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'They're not competing, they're cheating': Biden threatens to triple tariffs on Chinese metals
On a visit to steelworkers in the key swing state of Pennsylvania, US President Joe Biden accused China of dumping cheap steel on global markets and called for sharply higher tariffs on Chinese metal products. Plus, former and current Boeing engineers, including whistleblower Sam Salehpour, testify in the US Senate about the planemaker's safety culture.