Business

Feb 04 2025 24 ep. 5 mins 875
Business Podcast artwork

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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WHY IS THE WTO'S DISPUTE SETTLEMENT SYSTEM IN CRISIS?

Feb 04 2025 5 mins  
After Donald Trump's 10% tariff against all Chinese imports took effect, China immediately hit back with a raft of targeted measures and said it would file a complaint with the World Trade Organisation. It's not likely to go anywhere, however, as the WTO's dispute settlement system has been in crisis with its appelate body being paralysed for years. Plus, Honda is now reportedly ey

China-US trade war erupts again after Beijing slaps retaliatory tariffs on US goods

Feb 04 2025 8 mins  
The Trump administration's 10 percent tariffs on Chinese imports came into effect this Tuesday, leading to immediate retaliation from Beijing. In this special edition, we look at the different ways China retaliated to the US president's measures, which are supposed to stop the flow of the drug fentanyl to American shores. In addition, we see how last-minute talks led to both Mexico

What role do Mexico, Canada and China play in the flow of fentanyl into the United States?

Feb 03 2025 4 mins  
US President Donald Trump's plan to impose tariffs on goods from Mexico, Canada and China is partly aimed at curbing the flow of fentanyl into the United States, where the opioid is blamed for some 70,000 deaths annually. So how do those countries play a role in the trafficking of the drug? Plus, we take a closer look at how global car companies are particularly vulnerable to tarif

EU braces for new US tariffs as Trump launches trade war

Feb 03 2025 6 mins  
EU leaders say they're prepared to respond if and when US President Donald Trump imposes new tariffs on European imports to the US. But first, we take a closer look the US-Canada trading relationship. Meanwhile, North America's highly integrated auto manufacturing sector is threatened by Trump's latest trade salvo, and markets tank as investors flee high-risk assets.

Italy blocks DeepSeek over data privacy concerns

Jan 30 2025 5 mins  
Italy's data protection agency has moved to block the Chinese AI chatbot DeepSeek after its developers failed to hand over information about how personal data is collected and whether it's stored on Chinese servers. Meanwhile, the French privacy watchdog also says it's questioning DeepSeek. Plus, luxury cars, designer bags and gold bars were among some 300 items that went under the

US Federal Reserve pauses rate cuts, angering Trump

Jan 30 2025 3 mins  
America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy. The Federal Reserve resisted pressure from Trump to continue with cuts, in its first rate decision since his return to office. Also in this edition: France's GDP shrinks 0.1 percent in the last quarter of 2024 amid a

EU unveils 'Competitiveness Compass' to cut red tape and spur investment

Jan 29 2025 6 mins  
The European Commission has unveiled its long-awaited roadmap to revamp the sluggish economy. The "Competitiveness Compass" builds on recommendations from last year's report by former ECB president Mario Draghi. Plus, the UK government gives its backing to building a third runway at London's Heathrow Airport.

LVMH sales beat expectations as CEO Bernard Arnault shifts focus to US

Jan 29 2025 6 mins  
Luxury group LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. CEO Bernard Arnault, who is shifting the company's focus to the US in order to avoid higher taxes in the EU, was the only Frenchman on the podium at the inauguration of Donald Trump. Meanwhile, the US Federal Reserve is meeting this week for the first time since Trump's

Boeing posts second-largest annual loss in its history

Jan 28 2025 4 mins  
US aerospace giant Boeing posted a nearly $12 billion annual net loss for 2024, as a series of safety issues and a seven-week strike by factory workers impacted production. The company's stock, however, rallied after the latest financial results were announced, as investor focus turned to its recovery plan. Plus, Coca Cola has recalled several of its popular soft drinks including C

DeepSeek's sudden rise sends shockwaves through AI sector

Jan 28 2025 4 mins  
Chinese AI startup DeepSeek is rewriting the narrative that the AI industry needs more money and more power, by claiming to have built its base model for less than $6 million. It sparked a global sell-off that saw Nvidia shares tumble 17 percent on Monday. US President Donald Trump is calling it a "wake-up call" for the US tech industry, while OpenAI's Sam Altman says it's "invigor