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World Business Report: First broadcast 2018/05/07 22:32 GMT: Air France Shares Drop Sharply As Strikes Continue

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Air France Shares Drop Sharply As Strikes Continue

First broadcast 2018/05/07 22:32 GMT

First broadcast 2018/05/07 22:32 GMT: Air France Shares Drop Sharply As Strikes Continue

BBC World Service - World Business Report, Air France Shares Drop Sharply As Strikes Continue

Air France shares dropped by as much as 14% following their CEO's resignation on Friday.

Air France shares dropped 14% today following their CEO's resignation on Friday. After 2 weeks of strikes, Jean-Marc Janaillac gambled on workers accepting a pay rise of 7% over four years. They did not. Tomasz Michalski of HEC Business School in Paris tells us what the unions want and we get the thoughts of aviation analyst John Strickland.

Peter Jankovskis, director of research at Oakbrook Investments in Chicago, discusses the ups and downs of the oil market.

Indonesia is courting Chinese investment. Amy Searight of the Center for Strategic and International Studies in Washington DC explains why.

Israeli prime minister Benjamin Netanyahu's chef served up an inventive dessert during a dinner with his Japanese counterpart Shinzo Abe and their wives. It was placed inside a shoe. Etiquette expert Lisa Grotts explains why the incident raised diplomatic eyebrows.

And the expansion on wine production in Chile. Jane Chambers explores the vineyards of the Atacama desert and the Andes mountains.

(Photo: Air France planes parked on the tarmac of Charles de Gaulle Airport outside Paris. Credit: Getty Images.)

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First broadcast 2018/05/07 22:32 GMT: Air France Shares Drop Sharply As Strikes Continue

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