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France24 » Business / Tech
14h ago
Under intense pressure since a part of the fuselage on its 737 Max plane blew out mid-flight, Boeing reported its first-quarter results with revenue falling to $16.5 billion and a cash burn of nearly $4 billion... though they 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 has launched a probe into China's medical device market, drawing a sharp response from Beijing.  ..read more
France24 » Business / Tech
14h ago
A war of words is escalating between the Australian government and the owner of X, with PM 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 an order from the country's internet regulator to take down footage of last week's alleged terrorist attack in Sydney at a church. We take a closer look ..read more
France24 » Business / Tech
14h ago
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 ..read more
France24 » Business / Tech
3d ago
To mark Earth Day, we take a look at the energy transition and how to better harness the power of the sun. Photovoltaic panels have been used since the 1970s, but their global adoption remains limited due to technical challenges, weather-related intermittences and the day/night cycle on Earth. As a result, scientists have been exploring the possibility of capturing solar energy directly from space. But how realistic and cost efficient is this solution? FRANCE 24's Julia Sieger tells us more ..read more
France24 » Business / Tech
3d ago
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 ..read more
France24 » Business / Tech
4d ago
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.  ..read more
France24 » Business / Tech
6d ago
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.  ..read more
France24 » Business / Tech
6d ago
As the US government and its allies mull new sanctions on Iran after Tehran's missile and drone attack on Israel, we look at whether existing sanctions have been effective at stemming the flow of Iranian oil to global markets. Also in this edition, we see how global oil markets are reacting to the crisis in the Middle East. Plus, the Canadian government unveils a new budget that promises to increase taxes on the rich, while boosting spending on education and housing ..read more
France24 » Business / Tech
1w ago
China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile, German Chancellor Olaf Scholz is on a three-day visit to China, Berlin's top trading partner ..read more
France24 » Business / Tech
1w ago
What does 22 years of data tell us about the nature of the economic relationship between Beijing and the African continent? FRANCE 24's Charles Pellegrin talks to Oyintarelado Moses, lead author of a report from Boston University's Global Development Policy Center and the African Economic Research Consortium ..read more