In her annual State of the Union address, European Commission president Ursula von der Leyen has told the European Parliament it needs to regain its independence and bolster its defence capabilities in a 'hostile' world. Also, Danish company Novo Nordisk, the maker of weight-loss drugs Wegovy and Ozempic, has announced plans to cut 9,000 jobs. And the British horse racing industry has gone on strike for the first time ever, in protest at proposed tax rises on bets placed on the sport. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Is the US economy weaker than expected?
The number of jobs created in the United States has been revised down. Not as many people got jobs as expected during the last months of Joe Biden's presidency and the first months of Donald Trump's return to the White House. It suggests the world's largest economy is weaker than expected, but could it also mean that Donald Trump will get his way and the Federal Reserve will cut interest rates? Roger Hearing speaks to two businesses in North Carolina and Ohio caught up in the tariff chaos. Elsewhere, we hear about Apple's latest tech offering. And, how a high murder rate is threatening tourism on a Caribbean island paradise. The latest business and finance news from around the world, on the BBC.
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Africa's largest hydro-electric dam transforming the economy?
Ethiopia opens a power project it thinks could transform its economy. We'll hear from the project manager at the Grand Ethiopian Renaissance Dam.Also, new electric car batteries that promise to end your range anxiety, and power up our EVs in super quick time...Also, how to reduce the cost of reoffending for the government? Let prisoners to ern their own money.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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French MPs bid farewell to François Bayrou
France's political crisis has deepened with the government being toppled in the National Assembly through a no confidence vote. It forces prime minister François Bayrou to resign over plans to deal with the country's deficit by cutting public spending. Andrew Peach examines the family settlement confirming the long battle for control of Rupert Murdoch's global conservative media empire has drawn to a close. We are in Munich where the European auto industry is talking about threats from the US and China, while we find out the latest in the immigration raid on a huge Hyundai car plant in the US state of Georgia. And we'll look at Donald Trump's plan to offer residency in the US for five million dollars. The latest business and finance news from around the world, on the BBC.
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French PM François Bayrou on the brink in crucial vote
The French prime minister, François Bayrou, is expected to be ousted in a confidence vote on Monday afternoon - which could lead to the collapse of his government. The Eurozones' second biggest economy is mired in debt - 114% of its annual economic output - and the prime minister has introduced an austerity budget, aimed to slash government spending by €44bn. But he does not have the votes to get it through.In Germany - the Munich car show is usually a glitzy and glamorous display of the latest models by an industry that thrives on style and tech. But it’s a more subdued affair this year as European carmakers face a series of problems: sinking sales in China and tariffs on sales in the US.AI has been used in many aspects of film-making and now the company OpenAI is putting its muscle behind a full-length animated movie, Critterz, which could be screened at the Cannes Film Festival next year. Roger Hearing speaks to Dr Dominic Lees, lead writer on AI for the BFI’s Sight & Sound magazine - and Associate Professor of Filmmaking at the University of Reading, about what this means for the creative side and business of filmmaking.