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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.

Business FRANCE 24 English

    • Näringsliv

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

    Former Binance CEO sentenced to four months in US prison for money laundering violations

    Former Binance CEO sentenced to four months in US prison for money laundering violations

    A court in Seattle has sentenced Changpeng Zhao, the founder and former CEO of the crypto exchange Binance, for violating US money laundering laws.The billionaire told the court that he had failed and that he was sorry. The sentencing comes after the defendant pleaded guilty last November and paid 50 million dollars in fines. 

    Plus, Zimbabweans lined up at banks to withdraw cash as the new currency zig, the sixth since the 2009 collapse of the Zimbabwe dollar, has gone into circulation. 

    • 5 min
    Paramount Global CEO steps down amid divisions over potential Skydance merger

    Paramount Global CEO steps down amid divisions over potential Skydance merger

    US Entertainment giant Paramount Global announced on Monday that CEO Bob Bakish was stepping down. In this edition, we take a closer look at how the company's controlling shareholder, Shari Redstone, may have been behind this move and why the firm's value has plummeted 80 percent in the past eight years. Meanwhile in Argentina, President Javier Milei's second attempt at getting his economic overhaul package through parliament is facing fierce opposition.

    • 5 min
    Tesla makes progress in securing China's approval for self-driving technology

    Tesla makes progress in securing China's approval for self-driving technology

    Tesla's shares surged after the EV maker won tentative approval to deploy its Full Self-Driving system in China, this as CEO Elon Musk met high-ranking officials on a surprise visit to Beijing. Plus, the French state has offered to buy key assets from troubled IT giant Atos in order to protect national interests. 

    • 6 min
    US students seek universities' divestment from Israeli occupation and war

    US students seek universities' divestment from Israeli occupation and war

    A growing protest movement on US college campuses wants universities to sell off assets related to Israel's war in Gaza and its occupation of the West Bank. We take a closer look. Also, the French government offers to buy the data security operations of struggling IT firm Atos, and Elon Musk makes progress in his bid for the rollout of Tesla's Full Self-Driving service in China.

    • 6 min
    Meta beats expectations on revenue, profits but AI spending spooks investors

    Meta beats expectations on revenue, profits but AI spending spooks investors

    Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure. Also in this edition: British mining giant BHP makes a $39 billion bid for its rival Anglo American, and Boeing's losses deepen.

    • 5 min
    Crisis-hit Boeing reports quarterly revenue drop

    Crisis-hit Boeing reports quarterly revenue drop

    Under intense pressure since part of the fuselage on its 737 MAX plane blew out mid-flight back in January, Boeing has reported its first-quarter results, with revenue falling to $16.5 billion and a cash burn of nearly $4 billion. Yet the figures were still better than feared. The planemaker's board has yet to name a successor to CEO Dave Calhoun, who announced his resignation last month. Plus, the EU launches a probe into China's medical device market, drawing a sharp response from Beijing. 

    • 5 min

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