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BUSINESS DAILY

Latest update : 2014-08-05

Crédit Agricole takes €700m hit over bailed-out Portuguese bank

Crédit Agricole is to write off its stake in the troubled Portuguese lender Banco Espirito Santo, at a cost of €708 million. It comes after the Lisbon government announced a €4.9 billion rescue plan for BES on Monday. The news sent the French bank’s shares soaring in early trading. Also today: how the United States is playing catch-up with China at its African leaders' summit in Washington.

By Stephen CARROLL

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Brands bet big on Super Bowl Sunday

In today's update we look at how major oil companies are feeling the heat from the drop in oil prices. We also bring you up to speed on the latest data for the eurozone, and give...

2015-01-29 Facebook

Facebook user base now bigger than China’s population

Facebook now has 1.4 billion users worldwide - greater than the population of China. Despite recording a 49 percent increase in revenues between October and December, profits...

2015-01-28 Apple

Apple breaks profit record as new iPhone bears fruit

Apple has reported record profits of $18 billion for the three months to the end of December – the highest in corporate history. The results were boosted by sales of the new...

2015-01-26 eurozone

Greece 'set to run out of money by March'

Greece's goverment is set to run out of money by the end of March if it doesn't come with a new source of funding. That's one of the economic challenges that will face the new...

2015-01-23 Davos forum

Davos 2015: Businesses 'cautiously optimistic' in Japan

Japan has been on a rollercoaster ride since Prime Minister Shinzo Abe began his plan to kick-start the economy. At the World Economic Forum in Davos, FRANCE 24’s Stephen Carroll...

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WILLIAM HILDERBRANDT Journalist

Originally from Norman, Oklahoma, he began his career in London as a financial journalist. Since joining FRANCE 24, he has covered the economy, international affairs and culture.

STEPHEN CARROLL Business Editor

He has been covering business news since 2004, and is particularly interested in the twists and turns of the eurozone crisis. A native of Dublin, he’s following Ireland’s economic recovery closely.