Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Seven hour Burkina anti-terror raid leaves four dead

Read more

THE DEBATE

From Foe to Friend? Iraq: The makeover of Muqtada al-Sadr

Read more

FOCUS

France's newest political parties go to school

Read more

ENCORE!

Hugh Coltman serves up a New Orleans-inspired musical gumbo

Read more

PERSPECTIVE

'Macron sees high earners as key to getting the French economy moving again'

Read more

IN THE PRESS

'Shut Up and Drive': Saudi's paradoxical stance after female activists arrested

Read more

BUSINESS DAILY

$2.3bn for two million songs: Sony buys majority stake in EMI

Read more

EYE ON AFRICA

Burundi approves new constitution allowing president to extend time in power

Read more

THE DEBATE

Populist takeover: Italy approves unprecedented coalition

Read more

BUSINESS DAILY

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

Latest update : 2014-04-30

Alstom bidding war heats up as General Electric confirms offer

The bidding war over the French engineering firm Alstom is heating up, as the company confirmed its board had backed a bid from General Electric to purchase its energy business. The deal isn't done yet though, and rival bidder Siemens has upped its offer in response. Also today: why slowing growth in new users joining Twitter has spooked investors.

By Stephen CARROLL

COMMENT(S)

Archives

2018-05-22 music industry

$2.3bn for two million songs: Sony buys majority stake in EMI

Sony has acquired a controlling stake in EMI Music. The $2.3 billion deal will see the Japanese firm add songs from artists such as Queen and Sia to its catalogue. Also today, we...

Read more

2018-05-21 China

US-China trade war is 'on hold'

The US and China put their trade war "on hold" with an agreement to forgo punitive tariffs. Also today: thousands of jobs at French supermarket chain Carrefour are at risk, and a...

Read more

2018-05-17 PSA Peugeot Citroën

Peugeot plant asks staff to work longer hours, bypassing French unions

Peugeot may be breaking the 35-hour working week taboo in France. The carmaker is asking staff if they can agree to work 37 hours and 45 minutes a week in exchange for a small...

Read more

2018-05-16 Japan

Abenomics hits road bump as Japan's economy shrinks for first time in two years

Japan's economy contracted at an annualised rate of 0.6% in the first quarter (0.2% quarter-on-quarter), snapping a two-year growth streak. The government sees this as only a...

Read more

2018-05-15 Bruno Le Maire

Le Maire to FRANCE 24: EU needs to protect business interests in Iran

French businesses are scrambling to save their deals in Iran, after the US announced its withdrawal from the international nuclear deal. Finance Minister Bruno Le Maire told...

Read more