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Apple reaches record $3 trillion market valuation

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Apple has become the first company to reach a market valuation of over $3 trillion. The company's share price has soared during the pandemic, thanks to increased demand for its products and services. Apple was the also the first firm to reach a $1 trillion valuation in 2018, and it now leads an elite club of companies with market capitalisations of over a trillion dollars. Our Business Editor Stephen Carroll looks at what the milestone means for the technology giant.

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Winners and losers of Microsoft’s $75 billion deal to buy Activision Blizzard

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Shares in Sony slumped more by than 10 percent in Tokyo on Wednesday on news of Microsoft's $75 billion deal to buy the video games maker Activision Blizzard. Investors fear the acquisition could mean popular titles like Call of Duty would be moved exclusively to Microsoft platforms. FRANCE 24's Business Editor Stephen Carroll examines the consequences of the deal for the companies involved, and their rivals.

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Computer chip shortage pushes European car sales to record low

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EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.

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Oil prices jump to highest level since 2014 on supply concerns

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Oil prices have jumped to their highest level since 2014 after the drone attack on fuel tankers in the United Arab Emirates, and amid broader concerns about supply in the market. In early trading on Tuesday, the international benchmark Brent Crude rose above $88 per barrel. Oil producers are sticking to their planned supply increases, despite surging demand. The rising cost of fuel is set to hit consumers, who are already facing the highest inflation rate in decades.

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