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THE POLITICAL BRIEF

Macron in Washington: After ‘bromance’, French leader tackles prickly issues

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PEOPLE & PROFIT

Is GDP the best way to measure an economy?

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INSIDE THE AMERICAS

Trump rolls out red carpet for Macron

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ENCORE!

Daniela Vega blazes a trail for transgender rights

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FOCUS

Goma families terrorised by wave of child abductions

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FRENCH CONNECTIONS

May in France: Lucky flowers and building bridges

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IN THE PRESS

Handshakes and private toilets: How Koreas' summit is planned to (media) perfection

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IN THE PRESS

'Welcome to your new life (in prison)' Danish paper says to convicted killer Peter Madsen

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EYE ON AFRICA

South African unions strike over proposed minimum wage

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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 : 2016-08-01

Uber to merge Chinese business with biggest rival

The ride-sharing firm Uber is to merge its Chinese business with that of its biggest rival in the country, Didi Chuxing. The new company will be worth $35 billion, and Uber China investors will hold a 20 percent stake in it. Uber boss Travis Kalanick said it was the only way for the two companies to be profitable in China. Also today, the benefits of the boom in craft beer production in the United States.

By Stephen CARROLL

Archives

2018-04-26 Facebook

Facebook adds users, boosts revenue despite data scandal

Facebook has published its first set of financial results since the data harvesting scandal. The figures show the social network added millions of users, and boosted earnings by...

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2018-04-25 wine

Global wine production drops to lowest level in 60 years

A harsh European winter sent global wine production tumbling last year, to its lowest level since 1957. Spanish, French and Italian winemakers saw their output drop by up to a...

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2018-04-23 Emmanuel Macron

Macron hopes for breakthrough on trade tensions during US visit

Can Emmanuel Macron break through to Donald Trump on the trade tensions that have swept the globe? The French leader will be arguing for an EU exemption on steel tariffs as he...

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2018-04-23 Economic growth

Poverty remains a challenge for Paraguay as new president is elected

Paraguay has a new president - a conservative from the ruling Colorado party won Sunday's poll with a narrow margin. Despite enjoying steady economic growth for over a decade,...

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2018-04-20 football

Paris Saint-Germain football club opens new hub in Shanghai

France's Paris Saint-Germain football club has opened a brand new sporting complex in Shanghai, with indoor football pitches, a gym and a shop. This comes as PSG looks to boost...

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