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'Castro's hipster apologists want to keep Cuba authentically poor'

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Cuban Diaspora divided along generational lines

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EU investment: Juncker's plan expected to generate €315bn

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SPECIAL: US and Cuba Normalise Relations

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Forget Harry Potter, Jeff Kinney's 'Diary of a Wimpy Kid' sells millions

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Child migrants: no parents, no passports

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Thousands flee Libya and Nigeria to seek refuge in Niger

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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-10-15

All change at luxury brand Burberry

Burberry is preparing for a change of management as Angela Ahrendts announces she’s stepping down as Chief Executive next year. She’s moving to Apple to oversee retail and online sales and will be replaced by design chief Christopher Bailey. In France, how much would it cost to buy the whole of Paris? Someone’s worked it out and we have the answer.

By Matthew WARREN

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2014-12-19 Vladimir Putin

EU investment: Juncker's plan expected to generate €315bn

In today's business update France's statistics agency Insee forecasts 0.3% growth in the first quarter of 2015. We also bring you the latest reactions from Brussels on the...

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2014-12-17 Vladimir Putin

Russian government tries to stop currency freefall

The Russian government has started selling its foreign exchange reserves in an effort to prop up the rouble. The currency dropped by 11 percent on Tuesday, and continued its fall...

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2014-12-16 Russia

Russia's central bank hikes key interest rate to 17%

In this business update we focus on the latest intervention from Russia's central bank. Will increasing the key interest rate to 17% be enough to stem the rouble's slide? We ask...

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2014-12-15 UBER

France to ban UberPop as taxi drivers protest

France is to ban the UberPop service from January 1st, according to an interior ministry spokesman. Taxi drivers staged a go-slow protest around Paris on Monday over a court...

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2014-12-11 Detroit

Detroit motors out of biggest public bankruptcy in US history

The city of Detroit has officially exited bankruptcy, bringing an end to the biggest public default in US history. The city managed to shed $7 billion of its debts thanks to a...

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