€8bn bailout for French car industry
France announces €8bn rescue plan for car industry
The French government has announced an €8bn rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron's proposal includes €1bn to provide grants of up to €7,000 to encourage citizens to purchase electric vehicles. We hear more from Karl Brauer, Executive Publisher of Cox Automotive. We ask how Airbnb can survive the coronavirus hit to its business model and the Βι¶ΉΤΌΕΔ's Elizabeth Hotson looks at how fake coronavirus cures are being sold and who's buying them. Also on the programme, the life of Stanley Ho, who has died at the age of 98. The King of Gambling, as he is known, made billions of dollars from his casinos to become one of Asia's richest men. JK Rowling is publishing a new book, The Ickabog, which will be given away for free to entertain the millions of children stuck in their homes due to the lockdowns. We here more from Emma Pocock who writes for Forbes and for the leading Harry Potter fan site, The Leaky Cauldron. Plus, we're joined throughout the programme by political reporter Erin Delmore in New York and in Singapore, Simon Littlewood, president of AC Growth Delivered.
Photograph of Emmanuel Macron, via Getty Images
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- Wed 27 May 2020 00:06GMTΒι¶ΉΤΌΕΔ World Service
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Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ