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EYE ON AFRICA

Seven hour Burkina anti-terror raid leaves four dead

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THE DEBATE

From Foe to Friend? Iraq: The makeover of Muqtada al-Sadr

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FOCUS

France's newest political parties go to school

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ENCORE!

Hugh Coltman serves up a New Orleans-inspired musical gumbo

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PERSPECTIVE

'Macron sees high earners as key to getting the French economy moving again'

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IN THE PRESS

'Shut Up and Drive': Saudi's paradoxical stance after female activists arrested

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BUSINESS DAILY

$2.3bn for two million songs: Sony buys majority stake in EMI

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EYE ON AFRICA

Burundi approves new constitution allowing president to extend time in power

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THE DEBATE

Populist takeover: Italy approves unprecedented coalition

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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 : 2018-03-30

Tesla recalls tens of thousands of cars over faulty steering bolt

Tesla's shares plunged after it announced a voluntary recall of some 123,000 older Model S cars to replace a power steering bolt that could corrode due to salt on winter roads. The recall caps a rough month for Tesla which is already plagued by production delays, lawsuits and a fatal accident that called its autopilot technology into question. Also, Donald Trump says he will "hold up" a newly renegotiated trade deal with South Korea... pending progress in nuclear talks with North Korea.

By Yuka ROYER

Archives

2018-05-22 music industry

$2.3bn for two million songs: Sony buys majority stake in EMI

Sony has acquired a controlling stake in EMI Music. The $2.3 billion deal will see the Japanese firm add songs from artists such as Queen and Sia to its catalogue. Also today, we...

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2018-05-21 China

US-China trade war is 'on hold'

The US and China put their trade war "on hold" with an agreement to forgo punitive tariffs. Also today: thousands of jobs at French supermarket chain Carrefour are at risk, and a...

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2018-05-17 PSA Peugeot Citroën

Peugeot plant asks staff to work longer hours, bypassing French unions

Peugeot may be breaking the 35-hour working week taboo in France. The carmaker is asking staff if they can agree to work 37 hours and 45 minutes a week in exchange for a small...

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2018-05-16 Japan

Abenomics hits road bump as Japan's economy shrinks for first time in two years

Japan's economy contracted at an annualised rate of 0.6% in the first quarter (0.2% quarter-on-quarter), snapping a two-year growth streak. The government sees this as only a...

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2018-05-15 Bruno Le Maire

Le Maire to FRANCE 24: EU needs to protect business interests in Iran

French businesses are scrambling to save their deals in Iran, after the US announced its withdrawal from the international nuclear deal. Finance Minister Bruno Le Maire told...

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