Business
1 day ago
With inflation taking a toll on people's finances and amid a growing sense of responsibility towards the climate, second-hand shops are booming across the globe. In France, around 10 percent of clothes each year are now resold, and thrift stores are attracting a wider audience.
2 days ago
Cryptocurrencies such as bitcoin promise quick profits – an attraction that aids scammers fleecing investors of their funds.
3 days ago
German industrial production is expected to fall further behind this year, after a dip in 2023. The usually strong manufacturing sector had already taken a hit because of higher energy prices.
3 May
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
2 May
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.
2 May
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
2 May
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
2 May
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
2 May
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
2 May
Oil marketers in Nigeria have attributed the reoccurrence of petrol scarcity to supply chain bottlenecks. Meanwhile, Angola has increased the price of diesel, as it phases out subsidies on the petroleum product. Rhode Luemba, Head of Flow Sales, Global Markets at Standard Bank Group, joins CNBC Africa to discuss these stories and more.
30 Apr
US Entertainment giant Paramount Global announced on Monday that CEO Bob Bakish was stepping down. In this edition, we take a closer look at how the company's controlling shareholder, Shari Redstone, may have been behind this move and why the firm's value has plummeted 80 percent in the past eight years. Meanwhile in Argentina, President Javier Milei's second attempt at getting his economic overhaul package through parliament is facing fierce opposition.
29 Apr
Nigeria’s Federal Competition and Consumer Protection Commission is intensifying its price monitoring and surveillance exercise across the country in a bid to address irregularities in retail prices of goods and services. Adamu Abdullahi, the acting Executive Vice Chairman and Chief Executive Officer of the Federal Competition Consumer Protection Commission, joins CNBC Africa for this discussion.
28 Apr
Paris's landmark museum is gearing up for the Olympics, with a special exhibition that takes visitors through the history of the Games. We hear more about a project for those who want to combine exercise and culture, as the Louvre launches a fitness circuit that puts participants among the artwork. Plus, a new show shines a light on the work of mysterious Dutch painter Jan van Eyck, and French land artist Saype gets his first solo show in Paris, after painting his immense frescoes on landscapes around the world.
Latest
1 hour ago
Her powerful performances give voice to some uncomfortable truths. Lebanese playwright and director Chrystèle Khodr wades through the ruins of a society in her latest play "Ordalie", exploring the social, political and physical wreckage of her homeland and its history. She tells us more about the quest for justice in contemporary Lebanon, why 19th-century playwright Henrik Ibsen is a fitting contemporary inspiration and how making theatre in a crisis-ridden country is a constant endeavour of creativity and solidarity among artists.
1 hour ago
Paris 2024 official partner ArcelorMittal made 2,000 torches for the Paris 2024 Olympic and Paralympic Games.
3 hours ago
Jan Egeland, secretary general of the Norwegian Refugee Council and a former top UN humanitarian official, told FRANCE 24 on Tuesday that Gaza is "among the worst places in humanitarian history". He described a trapped population enduring "relentless" bombardment since October 2023. With regards to the southern city of Rafah, where an Israeli offensive appears imminent, he said some 1.4 million people were "engulfed in fear and desperation beyond belief".
3 hours ago
TikTok and its Chinese parent company ByteDance have filed a petition with a US court, seeking to block a law that forces them to sell the social media app to a non-Chinese buyer or face a ban. They argue the legislation is unconstitutional, setting the stage for a historic legal battle. But first, China's President Xi Jinping has arrived in Serbia on the second leg of his European tour. He expects to receive a much warmer welcome than he did in France.
5 hours ago
A security guard who was stationed outside Drake's Toronto mansion was shot, resulting in serious injuries. The incident occurred around 2 am local time, with the assailant reportedly fleeing the scene in a vehicle. Inspector Paul Krawczyk, who is leading the investigation, said it is too soon to determine a motive for the shooting.
7 hours ago
Could we soon get better drugs and faster computers thanks to research and production in space? Some companies are betting big on the idea of working in zero gravity. Here's how you can benefit.