RFI : business
11h22 04  mars
French supermarket giant Casino sued over links to Amazon deforestation
Amanda Morrow
The French supermarket giant Casino is being sued by a coalition of NGOs - including indigenous peoples from Brazil and Colombia - over its sale of beef linked to illegal deforestation in the Amazon.
15h15 27  février
No business like shoe business: LVMH-backed tycoon buys Birkenstock
Paul Myers
Veteran French businessman Bernard Arnault has emerged as the soul behind the multibillion euro purchase of the family-owned German sandal maker Birkenstock.
France looks to summer deal with US tech giants over digital tax
Paul Myers
French finance chiefs expect a deal over a digital tax for tech giants such as Google, Amazon, Facebook and Apple, known as the Gafa , to be reached before the end of the summer after the new administration in the United States withdrew one of the key stumbling blocks in the discussions.
07h26 19  février
Covid drags Renault into record 8bn loss in 2020
French carmaker Renault has announced a record loss of 8 billion euros in 2020 with profits driven downward by the Covid-19 pandemic, which also looks set to weigh on the 2021 outlook.
Australia and Facebook in talks over sweeping news ban
Facebook boos Mark Zuckerberg has begun talks with the Australian government over a law that would force the social media platform to pay publishers for content, as Prime Minister Scott Morrison insisted his government would not bend to threats from big tech.
10h40 18  février
Covid-19 deals Air France-KLM record 7.1bn loss
Air France-KLM has said the coronavirus pandemic severely impacted its 2020 earnings, pushing it deep into a net loss of 7.1 billion euros. The previous year, the airline had booked bottom-line profit of 290 million euros.
14h02 08  février
Bitcoin hits record near 45,000 after Tesla investment
Bitcoin has hit a record-high near 45,000 after Elon Musk’s electric carmaker Tesla invested 1.5 billion in the digital currency.
17h53 19  janvier
Eurostar finances near collapse as Covid cuts cross-channel train traffic
The cross-channel train service Eurostar has seen its passenger numbers decline by 85 percent in 2020 due to the coronavirus pandemic. The parent company has called on the UK government to provide it with the same financial support as that provided to grounded airlines.
France’s Sanofi faces strike over job cuts in midst of Covid vaccine woes
RFI with Mike Woods
Staff of France’s largest pharmeceutical company Sanofi were expected to go on strike Tuesday following the announcement of about 1,000 job losses in as part of a three-year cost-cutting plan. The job cuts, expected to affect research activity, come as the company faces criticism over its...
14h45 16  janvier
PSA-Fiat Chrysler merger to ’reach for the stars’ as car industry goes green
France’s PSA and US-Italian rival Fiat Chrysler have joined forces and will now carry the name Stellantis, becoming the world’s fourth-biggest automaker by volume. Delayed by the Covid-19 pandemic, the 50-50 tie up is seen as crucial for the two groups to invest in clean car technology.
14h28 12  janvier
Trump tariffs on cognac hit a French success story
For the last decade, owners of cognac distilleries have seen their sales more than double to the United States, making their spirit one of France’s fastest-growing major exports. Then Donald Trump came along.
11h41 06  janvier
Michelin to cut up to 2,300 jobs over next three years
David Coffey with RFI
French tyre maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would not involve layoffs nor plant closures.
16h21 03  janvier
Chinese vaccine-maker dethrones Indian billionaire as Asia’s richest man
China’s private billionaire Zhong Shanshan has eclipsed Indian business titan Mukesh Ambani as Asia’s richest man in the latest ranking that also unseated China’s Alibaba founder Jack Ma.
11h02 07  décembre
Paris Air Show cancels 2021 edition due to Covid-19
Organisers of the Paris Air Show at Le Bourget airport have cancelled the 2021 edition due to the Covid-19 pandemic.
14h12 27  novembre
Black Friday sales postponed in France in solidarity with small businesses
French shops and services considered non-essential are to reopen from Saturday as the government begins easing the second Covid-19 lockdown. Larger companies and online merchants such as Amazon have agreed to hold off their annual Black Friday sales until 4 December, one of several examples of...