Thursday, 28th March 2024
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29 Oct
When bombs are falling, arms industry profits are rising. As war rages in Gaza, we look at how the defence sector is both benefiting from the violence and struggling to keep up. Even before the latest flare-up, global defence spending was rising to Cold War levels – largely due to the war in Ukraine, but also due to a perceived threat from China's growing military prowess. In 2022, military outlays rose for the eighth straight year, hitting $2.24 trillion.
2 Jul 2023
With a record-breaking 30 million tonnes of sugar produced last year, India recently became the world's largest sugar producer, surpassing Brazil. But at what cost? Every year, from September to March, over 1.4 million Indian workers migrate internally, searching for work in sugar cane fields. The labourers are paid a meager €300 to €400 for six months of hard toil, with only one day off per month.
25 Apr 2023
Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry.

Latest

37 mins ago
The Nigerian government says it is investigating the $2.4 billion foreign exchange allocations and forward contracts which the Central Bank of Nigeria flagged as ineligible. Tilewa Adebajo, the CEO of CFG Advisory, joins CNBC Africa for this discussion.
45 mins ago
Even though the Islamic State group has claimed responsibility for last week’s deadly Moscow concert hall attack, Russia’s President Vladimir Putin, pro-Russian social media users and bots are continuing to insist that Ukraine was involved in the atrocity.
45 mins ago
FRANCE 24 spoke to Egyptian-American comedian Bassem Youssef, who is speaking out against the war in Gaza. Formerly a TV icon in Egypt before fleeing to the US, Youssef called accusations of anti-Semitism against him "laughable". Calling the label "overused", especially against Jews supporting the Palestinian cause, he said that anti-Semitism "has become a comical accusation". "Anti-Zionism is not anti-Semitism," he added.
46 mins ago
Even though the Islamic State group has claimed responsibility for last week’s deadly Moscow concert hall attack, Russia’s President Vladimir Putin, pro-Russian social media users and bots are continuing to insist that Ukraine was involved in the atrocity. We debunk all the false claims for you in this edition of Truth or Fake.
1 hour ago
The final session of day One of the Guardian Woman Festival featured Anita Ibru and Natalie Torin, as well as Abiola Adediran. They spoke on navigating the sometimes turbulent waters of generational businesses.
2 hours ago
Following Moscow concert hall attack, Italian official said "surveliance and checks will be increased" ahead of the religious Easter holiday.