Air France Shares Drop Sharply
Air France shares have dropped 14% following their CEO's resignation.
Air France shares dropped 14% today following their CEO's resignation on Friday. Jean-Marc Janaillac gambled on workers accepting a pay rise of 7% over four years. They did not. French Economy Minister Bruno Le Maire warned on Sunday that Air France could "disappear". We get the latest from aviation analyst John Strickland. Nestle has agreed a $7.15bn deal with Starbucks to sell its coffee products. Brian Blackstone, Swiss Bureau Chief of the Wall Street Journal, tells us what the deal means for the companies and coffee drinkers. Also, we speak to UN deputy special representative in Somalia Peter De Clerk. He is at a conference aimed at stopping illegal trade in charcoal, which has environmental consequences and funds Al Shabab terrorism in the region. And we look at the expansion on wine production in Chile; Jane Chambers explores the vineyards of the Atacama desert and the Andes mountains.