Business daily

It's the third Thursday of November, which means this year's Beaujolais Nouveau has gone on sale. Massively popular in the 1980s, the wine has seen its sales fall sharply in recent years. The French wine sector as a whole is struggling, amid climate change, trade tensions and declining demand.

The world's most valuable company, US chipmaker Nvidia, posted better-than-expected results for the latest quarter, showing a 62 percent annual increase in revenue. The positive earnings report prompted a rise in global stock markets after days of losses. The company, which designs the chips that power artificial intelligence models, is seen as a bellwether for the wider tech sector and is looking to expand in new markets, notably in the Middle East.

The European Union has proposed plans to ease the bloc's strict data protection rules and delay central parts of its new AI law. Brussels says the aim is to boost innovation and competitiveness of European firms by cutting red tape, but digital rights groups see the move as capitulating to pressure from Big Tech and US President Donald Trump. Also in the segment, a Belgian farmer has taken TotalEnergies to court over its impact on climate change, hoping it will force the oil giant to change its practices.

European markets stabilised on Wednesday morning after losses sustained over concerns that AI stocks might be overvalued. Investors are eagerly awaiting the latest results from US chipmaker and AI bellwether Nvidia later in the day. Also in this edition: Japanese media are reporting that China has suspended imports of seafood from Japan amid a diplomatic spat. Plus a US judge rules that Meta does not have a monopoly.

A French court has rejected a demand by a consumer protection group to remove Perrier water bottles from markets over its "natural mineral water" labelling. It's the latest in a long-running scandal stemming from the revelation that Nestlé and other manufacturers had treated water illegally to remove contaminants while labelling their products as natural mineral water. But first, Airbus books a huge order of 150 A321neo jets from flydubai, in a deal worth €24 billion. 

"Europe does not want to be the client" of the US or China in the field of technology, French President Emmanuel Macron has told tech and political leaders at a "digital sovereignty summit" in Berlin. During the event, biotech company Owkin unveiled a new pan-European platform to make biological data "AI-ready". CEO Thomas Clozel speaks to FRANCE 24 about how new agentic and reasoning models can help take medical research to the next level. 

European and Asian equities traded lower this Tuesday, following in the footsteps of Wall Street, as doubts rise as to whether the tech sector's huge investments in artificial intelligence will pay off. Also in this edition: Donald Trump tries to convince American voters he is working to make life more affordable for them. Plus the company behind the 2016 mega-hit "Baby Shark", Pinkfong, debuts on Seoul's stock market.

France's TotalEnergies has struck a partnership deal with Czech billionaire Daniel Kretinsky's firm EPH. It will create a 50-50 joint venture that will manage power plants across several western European countries with a total capacity of 14 gigawatts. In an all-stock deal, EPH will receive €5.1 billion worth of new Total shares and become its third-largest shareholder.

A dust-up over comments on Taiwan made by Japanese Prime Minister Sanae Takaichi have led China to warn its citizens against travel to Japan, threatening the country's crucial tourism industry. And the French government is hosting an investment summit aimed at convincing domestic industrial giants to invest in new facilities in France. 

Federal agencies have started reopening after the longest-ever US government shutdown, but it's likely the lingering effects will be felt for months. Also in this edition: Scotland says it plans to issue its own government bonds, nicknaming them "kilts". Plus, a Russian humanoid robot falls flat on its face.

After President Donald Trump signed a bill into law on Wednesday that funds the US government, his administration ordered federal workers to report back to work this Thursday. In this edition, we take a look at what the reopening of the US government entails after the longest shutdown in the country's history. Over 1 million federal workers will have to receive back pay, and 42 million low-income Americans will be able to once again claim food assistance. 

US firm 1X Home Robots says its first "housekeeping robot" NEO can be ready to start working in homes next year. Meanwhile, China's XPeng unveiled its latest IRON robot, which moved so smoothly it had to cut open one of its legs to prove there wasn't a real human hiding inside. Humanoid robots have been around for decades, but with the advances of AI they have moved to a new level. Yuka Royer speaks with AI strategist Mark Minevich about just how far they have come, and how market competition is heating up. 

The International Energy Agency (IAE) released its annual World Energy Outlook this Wednesday, underlining the growing global demand for electricity, boosted by the rush to build AI data centres. The report also shows renewable energy outpacing fossil fuels despite the US turning its back on key climate commitments. Also in this edition: US Transportation Secretary Sean Duffy puts pressure on lawmakers to end the shutdown and warns of air travel chaos over Thanksgiving.

Chinese consumers, anxious about the slowing economy and worn out by endless retail discounts, are showing signs of fatigue toward the annual "Singles' Day" shopping extravaganza – a worrying trend for Beijing as it looks to boost spending. The event was first launched by Alibaba in 2009 and is held each year on November 11. It has since grown into a month-long sales marathon for China's e-commerce giants. We take a closer look.

After US senators managed to pass a bill that could end what has been the longest government shutdown in US history, equity markets have reacted with strong gains on Wall Street and beyond. Nonetheless, the interruption in government work will take its toll on the US economy, as predicted by the Congressional Budget Office. Also in this edition: we head to China, where the Singles' Day shopping holiday now spans five entire weeks in a contest of slow consumer demand.

On Wednesday, the US Supreme Court's chief justices heard arguments over the legality of tariffs enacted by President Donald Trump using the Emergency Economic Powers Act, and questioned the reasoning of the administration. In this edition, we look at what the Court's decision could mean for the US economy, public finances and trade negotiations. Also in the show, we meet the French businesses targeted by fake Google review scams.  

Canada's Liberal government unveiled new federal budget plans in the House of Commons in Ottawa on Tuesday, which include a massive spending spree of 280 billion Canadian dollars (€173 billion). The spending is seen as a way to strengthen the Canadian economy after the imposition of steep tariffs by the United States, Canada's most important trading partner. Also in this edition: iconic French glassware cooperative Duralex raises €19 million in a day, just over a year after employees bought back the firm.

US coffee chain Starbucks has announced it is forming a joint venture with asset management firm Boyu Capital in China, where the latter will hold a 60 percent stake in the company's local business. China is Starbucks' second-largest market globally and it has recently been struggling with increased competition from local rivals like Luckin Coffee. Also in this edition, we look at OpenAI's blockbuster $38 billion deal with Amazon's cloud services unit.

Chinese e-commerce giant Shein has come under renewed pressure in France, just days before it opens its first permanent physical retail space in Paris. France's consumer watchdog said it had discovered child-like sex dolls on the e-commerce platform, prompting the government to warn it could block Shein's market access. In response, the Chinese-owned company suspended its "adult products" category. Also in the segment, Huawei's massive factory being built in Alsace faces an uncertain future. 

The French finance ministry says it will ban Chinese e-commerce giant Shein if child-like sex dolls reappear for sale on the site. Shein pulled the dolls after France's consumer watchdog said it discovered them last week. Under French law, distributing child sexual abuse material online is punishable by up to seven years in prison and a hefty fine. We bring you that story and more in this Monday's business news.

A rare meeting between US President Donald Trump and Chinese leader Xi Jinping in South Korea has brought a 10 percent reduction in US tariffs and a one-year postponement of China's rare-earth export controls, a limited de-escalation of the two countries' trade war. Also in this edition: America's central bank cuts interest rates for the second time this year, amid a lack of economic data due to the ongoing US government shutdown.

The US Federal Reserve has lowered interest rates for the second time this year, despite having only partial data to assess the state of the economy because of the ongoing government shutdown. The quarter percentage point cut brings the Federal Funds Rate to a range of 3.75 percent to 4 percent. The central bank also announced it would stop reducing the size of its balance sheet in December.  Also in this segment: Boeing posts a $5.4 billion third-quarter loss, weighed down by delays in its 777X rollout. 

A new survey shows a sharp slide in public concern for climate change, with war and conflict now dominating public worries. FRANCE 24's Yuka Royer speaks with Subhra Bhattacharjee, Director General of the Forest Stewardship Council, who tells her that despite fewer people citing climate change as their top concern, consumers are still preferring to shop green. "We have to translate the impacts of climate change into what it means for day-to-day action," she says.

Several trade deals and frameworks between the US and Southeast Asian countries unveiled at the recent ASEAN summit heavily favour Washington. Some analysts are concerned that the lopsided deals will push ASEAN countries towards Beijing, this as China beefs up its own trade ties with the region. Also in this edition: France's National Assembly passes an extension on corporate tax surcharges, and the US government shutdown threatens funding for critical social services.

Even if Argentinian President Javier Milei's La Libertad Avanza party is still short of a majority in parliament after Sunday's midterm elections, the self-described "anarcho-capitalist" now has more room to push ahead with radical economic reforms. Since coming to power in 2023, Milei has cut budgets for education, pensions and infrastructure and laid off tens of thousands of public sector workers. The president is also credited with lowering inflation, winning praise from US counterpart Donald Trump. We take a closer look.

US President Donald Trump has issued a pardon for Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange. Zhao spent four months in prison last year after pleading guilty to charges of failing to implement adequate measures to prevent money laundering while operating the platform. We also take a closer look at the latest US and EU sanctions against Russia.

The Trump administration announced on Wednesday that it was placing Russia's two largest oil producers — Lukoil and Rosneft — on the U.S. Treasury Department's sanctions list. The move is aimed at targeting Russia's war finances, as the two companies account for nearly half of the country's crude exports. In this edition, we'll explore how this decision could affect global buyers of Russian oil, particularly in India.

It's been three years since Giorgia Meloni became Italy's prime minister.  During her tenure, she has cut public deficit by more than half and brought unemployment down.  But beneath the surface, Italy's economy is still struggling, with weak growth, persistent structural weaknesses and an aging population. We also take a closer look at a row over Chinese-owned chipmaker Nexperia and the Dutch government is starting to raise concern in Europe's manufacturing sector. 

US entertainment giant Warner Bros. Discovery has said it is exploring a potential sale of all or some of its media assets, this after it turned down a second takeover bid by rival Paramount Skydance and its CEO David Ellison. The company, which houses such properties as Warner Bros. Studio, CNN and HBO Max, saw its shares surge on Tuesday. Also in this edition: Brazil allows state oil giant Petrobras to explore an oil site at the mouth of the Amazon River, in spite of environmental concerns.

The jewellery stolen from the Louvre in Paris on Sunday is valued at €88 million, according to the Paris prosecutor citing the museum's curator. Authorities are warning the robbers not to disassemble the pieces to sell the precious stones. Elsewhere, Japan's first female prime minister Sanae Takaichi faces economic challenges as she hopes to spur growth with Abenomics-style economic policies, at a time of rising inflation and a weaker yen. 

Washington and Canberra have signed a new agreement to strengthen cooperation on rare earths and critical minerals, in a bid to reduce dependence on China's supply chains. The deal, promising billions in potential investment, highlights efforts by both nations to secure vital resources amid escalating trade tensions with Beijing. Also in this edition: Amazon Web Services experienced a major outage on Monday, briefly disrupting internet traffic worldwide before the issue was resolved.

Hit by a major outage, Amazon Web Services (AWS) says it found significant errors in its Domain Name System, or DNS, which translates website names to IP addresses so browsers and apps can load on internet-connected devices. No evidence of foul play has been reported and the company says the DNS issue has been "fully mitigated", amid reports of a resurgence in issues. Also in the segment, Gucci owner Kering is selling its beauty unit to L'Oréal only two years after launching it, as the group aims to reduce debt.  

Chinese President Xi Jinping and Communist Party elites are in Beijing for the Fourth Plenary, where the roadmap for the country's industrial development over the next five years will be set. We take a closer look. But first, the country's latest economic data paints a troubling picture. 

US President Donald Trump says Prime Minister Narendra Modi has agreed that India will stop buying Russian oil, as American tariffs hit Indian exports to the United States. Treasury Secretary Scott Bessent has hinted at a possible de-escalation of the US–China trade war, while Argentina's manufacturing sector is feeling the side effects of Javier Milei's free-market policies.

Reintroducing a wealth tax has become a particularly divisive issue in France's ongoing budget battle. In a world where the richest 1 percent hold more wealth than the bottom 95 percent combined, Susana Ruiz, Tax Policy Lead at Oxfam International, tells FRANCE 24 that taxing the rich is “a new common sense.” Also in this segment, Elon Musk's Starlink has come under scrutiny amid allegations it is helping to power online scam centres in Southeast Asia.

French startup Le Pavé and its co-founder and CEO, Marius Hamelot, were awarded the Ivy Tech Prize for Young French Entrepreneur of the Year this Tuesday. Hamelot joins us on set to explain the process he uses to upcycle everyday waste, how it reduces carbon emissions, and the importance of aesthetics.

In the face of an unprecedented political crisis, France's re-appointed prime minister Sébastien Lecornu proposed suspending President Emmanuel Macron's signature pension reform enacted in 2023.  Speaking before parliament, Lecornu warned however of the estimated cost of such a move as he pressed lawmakers to agree on next year's budget.  Also in the segment, the US and China have started collecting new tit-for-tat port fees imposed on each other's maritime transport and shipping industry. 

Port fees imposed by China and the US took effect on Tuesday, adding a new front to the trade war between the world's two largest economies. In this edition, we explore the reasons behind these new fees and their impact on the broader talks between Washington and Beijing. Also, we examine how US soybean farmers are being affected by China's halt on imports of US-produced soybeans.

The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their work on "explaining innovation-driven growth". They are credited with quantifying the concept of "creative destruction" – the idea that innovations like steam engines and artificial intelligence, which replace older technologies and businesses, can ultimately benefit humanity in the long run. And, in an unprecedented move, the Dutch government took control of the Chinese-owned chipmaker Nexperia over national security concerns, marking an unprecedented move.

Long reliant on humanitarian aid due to the Israeli blockade, Gaza's economy is now in ruins –unemployment exceeds 80 percent, 92 percent of its private homes have been destroyed, and more than 98 percent of its farmland is rendered unusable. Rebuilding cost estimates range from 50 to 80 billion dollars, but it remains unclear who will foot the bill.

Ferrari has unveiled technology – new powertrain and chassis – that will power its first electric car, scheduled for launch next year. However, the Italian carmaker also scaled back its electrification plan, and its revised profit and revenue forecast disappointed investors, sending its stock down 15 percent. But first: amid the ongoing political chaos, we look at how French businesses are struggling to plan ahead.   

China's commerce ministry has announced it is imposing new rules limiting the export of rare earths and associated technology, including related to overseas companies using Chinese rare earths. The move comes amid long-standing trade talks with the United States and ahead of expected talks between Presidents Xi Jinping and Donald Trump later this month. Also in this edition: Ben & Jerry's co-founder Ben Cohen vows to keep fighting for his brand's social activism.