Canadian truckers' blockades hit automakers with parts shortages
Canadian truckers protesting against Covid-19 restrictions are blocking three major border crossings with the US. The movement is affecting businesses...
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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.
US inflation soars to 40-year high
Inflation in the US has surged to the highest level in four decades. January's 7.5 percent reading is the fastest annual pace since 1982. It will add ...
Rollercoasters and The Beatles help to boost Disney's earnings
Disney's earnings jumped above pre-pandemic levels in its latest financial results, boosted by the return of visitors to the company's theme parks. Th...
Bitcoin dips after US officials seize $3.6 billion of stolen cryptocurrency
The price of Bitcoin dipped in early trading on Wednesday, after the US Justice Department announced it had arrested two people and seized Bitcoin wor...
Chips are down: Nvidia abandons $40 billion deal to purchase Arm Holdings
It was the biggest ever deal in the chipmaking industry, but US firm Nvidia has abandoned its planned $40 billion purchase of Britain's Arm Holdings. ...
Major multinationals falling short on 'net zero' climate pledges, report claims
Some of the world's top corporations have made bold promises to reach carbon neutrality. But according to a report from the New Climate Institute, man...
The business of Beijing 2022: Are the Games worth the hefty price tag?
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price t...
Turkey's inflation rate soars to 49% as Erdogan defends policy
Inflation in Turkey has soared to nearly 49 percent - the highest level in two decades. It's another sign that President Recep Tayyip Erdogan's unorth...
Drop in Facebook user numbers wipes $200 billion off parent company's value
The number of daily users of Facebook has fallen for the first time in the social network's 18-year history. The news sent shares in the platform's pa...
Eurozone inflation hits record 5.1% as energy prices surge
Inflation in the eurozone hit another record high in January, climbing to 5.1 pertcent for the first time since records began. The price surge was dri...