After a sell-off on Wall Street, global investors are grappling with price increases and rising borrowing costs. Inflation is particularly brutal in Turkey, and the Greek government unveils a program to protect households from soaring energy prices.
Can old sneakers really be a legitimate investment? Many online resellers and even one of the oldest and biggest auctions houses in the world think so. Recent astronomical prices may prove them right.
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
Streaming giant Netflix says it's bracing for slower-than-expected growth this year, a development that saw its share price plummet. As FRANCE 24's Cole Stangler explains, it's not the only firm that's struggled to keep up momentum after booming in the early days of the Covid-19 pandemic, when millions of people were on lockdown.
17 Dec 2021
The Lagos state government through its Ministry of Agriculture held a Food Festival to stimulate investors’ interest in the food business at the Muri Okunola Park, Victoria Island. The Lagos State Governor, Babajide Sanwo-Olu who assumed the role of a chef along with Big Brother Naija season 6 winner, White Money to cook a delicacy encouraged the sellers to take advantage of the Lagos State Employment Trust Fund (LSETF) to grow their businesses, noting that part of the event’s objectives was to boost the entrepreneurial spirit of the residents.
29 Sep 2021
Guinea's new military junta have unveiled a "transitional charter" to steer the country back to civilian rule — an effort to show the world, especially donors and mining sector investors, that they can be trusted.
15 Aug 2021
Alibaba's Jack Ma was the first to be targeted by Beijing's crackdown on private enterprise. Now ride-hailing, streaming, delivery and tuition firms have run foul of authorities and investors are nursing heavy losses.
25 Apr 2021
Shares in Netflix plunged by almost nine percent in after-hours trading on Wall Street on Tuesday, after the streaming giant announced a major slowdown in subscriber growth. Netflix added just four million new customers in the first three months of 2021, compared to 16 million in the same period last year. The company is hoping that new seasons of hit shows like "Sex Education" will help boost growth later this year. Also today, we hear how French employers are struggling to recruit seasonal workers for this summer.
17 Apr 2021
Indonesia is expecting to draw in "sizable" investment in Industry 4.0 sectors such as AI, machine learning and robotics. But huge challenges remain.
3 Mar 2021
Here is why you should pick up a copy of The Guardian on Thursday. Here are some of the stories to look out for when you grab a copy of The Guardian on the newsstands on Thursday.
Family, friends and political associates mourn former Lagos governor, Alhaji Lateef Jakande and more
11 Feb 2021
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
6 Nov 2020
Stock markets across Europe and Asia saw gains in trading this Thursday as Joe Biden won key states in the US presidential election. As vote-counting continues, investors are increasingly betting that Biden will secure the presidency, but see the Democrats failing to secure a majority in the Senate. FRANCE 24's Business Editor Stephen Carroll looks at the latest market reactions, and how some key industries could be affected by a Biden win.