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Music show: Duck Duck Grey Duck, Femi Kuti, Starchild & the New Romantic

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TALKING EUROPE

Greek Cypriot negotiator: 'We stand a chance' of reunifying Cyprus

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TALKING EUROPE

Towards a European army? The future of defence for the EU

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THE INTERVIEW

Photographer Pete Souza shares his ‘portrait’ of Obama

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THE INTERVIEW

Syria's White Helmets: 'We had 400 casualties last week'

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BUSINESS DAILY

Donald Trump Jr.'s India visit raises eyebrows

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THE OBSERVERS

Weaving with water hyacinths, the archives of Syria's war, and more

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THE OBSERVERS

How a Sudanese man saved his kidnapped brothers in Libya, and more

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IN THE PRESS

'Never again': Florida school students become new face of US gun reform

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PEOPLE & PROFIT

The business show that goes beyond the numbers and the corporate jargon! Stephen Carroll breaks down major business stories and looks at how they affect our lives. Thursday at 4.15 am Paris time.

Latest update : 2016-04-28

Coping with cheap oil: Gulf countries cut spending as oil revenue drops

Saudi Arabia has unveiled an ambitious plan that begins to wean the country off oil money, this through new taxes and selling a small stake in the state-owned oil firm Aramco. The price of oil is still less than half of what it was 18 months ago - and difficult decisions are being made in many Gulf countries that are facing budget shortfalls.

Also in this programme:

  • Alexandre de Juniac is stepping down as Chief Executive of Air France-KLM in August. He's led the carrier through painful cost-cutting and oversaw a return to profit in 2015. What challenges will the new boss of the airline group face?
     
  • Plus, cashing out in Sweden - we look at how the Scandinavian country is moving closer to a future without notes and coins. 

By Stephen CARROLL , Will HILDERBRANDT , Farah BOUCHERAK

Our guests

David ELMES

Head of Global Energy Research, Warwick Business School

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Archives

2018-02-14 US markets

Bumpy ride ahead: Will volatility become the new norm for stock markets?

It only took a few weeks of 2018 before we hit our first stock market turbulence. For months, we've heard warnings that the equity market was due a sharp drop, given the massive...

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2018-02-08 Davos forum

Davos 2018: The pros & cons of globalisation

This week, we're looking back at the annual meeting of the World Economic Forum in Davos. Stephen Carroll discusses corruption and the impact of globalisation on developing...

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2018-01-26 Davos forum

Davos 2018: The fight for gender equality

For this special edition of People & Profit, we're in the Swiss Alps at the World Economic Forum in Davos. Stephen Carroll meets Societe Générale CEO Frédéric Oudéa and Davos...

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2018-01-18 Airbus

Superjumbo travel: Discussing the future of the A380

The future of the Airbus A380 has been in doubt for some time, with airlines reluctant to order the double-decker plane. In this programme, we discuss the prospects for...

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2018-01-11 Emmanuel Macron

On state business: Do official visits help boost trade ties?

The French president went to China this week and came back with big deals for French firms. But do state visits really help to boost business ties? Stephen Carroll asks Sébastien...

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