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EYE ON AFRICA

Nigeria: Army denies reports of missing soldiers after Boko Haram attacks

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FOCUS

Despite economic blockade and corruption scandals, Qatar prepares for its 2022 World Cup

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ENCORE!

Beatmaker & singer Estère brings her musical melting pot to Afropunk Paris

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THE OBSERVERS

Iran water shortages, street art in Yemen, and more

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TALKING EUROPE

Maltese foreign minister: ‘We need to implement legal paths of migration into Europe’

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BUSINESS DAILY

FIFA takes home revenue of over €5 billion from World Cup

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IN THE PRESS

Les Bleus 2018: The new 'tsars' of world football

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TALKING EUROPE

Eurogroup chief Centeno: ‘We need to an end what seems to be a trade war’

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MEDIAWATCH

Trump rocks the boat in UK

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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 : 2017-11-16

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 acquisitions and focus more on reducing debt, this after its shares tumbled in recent weeks. Plus a huge pink diamond fails to go under the hammer, despite high expectations.

By Yuka ROYER

Archives

2018-07-16 Catherine BENNETT

FIFA takes home revenue of over €5 billion from World Cup

FIFA's revenue from the 2018 World Cup has reached €5 billion ($6 billion), which is 25 percent more than in 2014. Meanwhile, France's finance minister says the country's win is...

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2018-07-13 Bryan QUINN

Johnson & Johnson ordered to pay out $4.7 billion in talc cancer case

US pharmaceutical and consumer goods giant Johnson & Johnson is hit with a massive judgment in a civil suit over its iconic talcum powder. Also today, China's latest figures show...

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2018-07-12 Business

Irish Ryanair pilots walk out over low pay, poor working conditions

Some 30 Ryanair flights have been cancelled this Thursday as the low-cost carrier sees its first industrial action since recognising unions in December. Ryanair's Irish pilots...

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2018-07-11 Business

How much will French players earn if they win the World Cup?

Winning the World Cup also brings financial rewards, so we take a look at how much the French side could earn if they lift the trophy on Sunday. We also find out what some...

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2018-07-10 Business

Goals and growth: The economic impact of World Cup triumph

World Cup fever has a hold over France as "Les Bleus" prepare for their semi-final against Belgium. But could triumph in Russia lead to an economic boost? We try to answer that...

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