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EYE ON AFRICA

President Robert Mugabe emerges from house arrest

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MEDIAWATCH

Harassment and hypocrisy in Washington

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THE WORLD THIS WEEK

Military pressures Robert Mugabe to step down, Macron mediates Lebanon crisis

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FRANCE IN FOCUS

France raises a glass to tourism

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FOCUS

France's newest political party accused of 'old' methods

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#THE 51%

Hear me roar: The growing economic power of older women

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#TECH 24

The future of surgery

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DOWN TO EARTH

The tiny parasite threatening your salmon sushi

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ENCORE!

Director Joachim Trier: True horror is a 'lack of self-acceptance'

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BUSINESS DAILY

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

Latest update : 2014-08-13

Japanese economy slumps after sales tax rise

The Japanese economy sharply contracted in the three months from April to June, the worst slump seen since the earthquake and tsunami that hit the country in 2011. The 1.7% contraction comes after Prime Minister Shinzo Abe's government increased sales tax in April. Also today: Samsung moves to cut binge drinking by employees at work events.

By Stephen CARROLL

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Archives

2017-11-17 Donald Trump

US House of Representatives passes tax reform bill

The US House of Representatives has passed a bill that would slash taxes by more than 1.4 trillion dollars over the next decade. The Senate is expected to vote on its version of...

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2017-11-16 telecommunication

Media giant Altice to hold off on acquisitions amid debt woes

In this business update we look at debt-ridden media and telecoms group Altice, led by French billionaire Patrick Drahi (pictured). It's been forced to hold off on further...

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2017-11-15 Airbus

Airbus announces record order worth $50bn

Airbus has announced its biggest-ever single order of 430 planes, worth $49.5 billion. The aircraft have been ordered by the US investment firm Indigo Partners, and will be...

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2017-11-14 Venezuela

Venezuela defaults on interest payments

Venezuela has been declared in default by the ratings agency Standard & Poor's, after missing a deadline for two interest payments worth $200m. The news came after Caracas called...

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2017-11-13 Venezuela

On the verge of default, Caracas summons creditors

It has a debt pile of $150 billion, and dwindling reserves in its state coffers... is Venezuela about to default? And what could that mean for its struggling population? We get...

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