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World Business Report

BBC

The latest business and finance news from around the world from the BBC

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United Kingdom

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BBC

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The latest business and finance news from around the world from the BBC

Twitter:

@BBCBusiness

Language:

English

Contact:

BBC World Service Bush House Strand London WC2B 4PH


Episodes
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Google's controversial dismissals over Gaza

4/18/2024
The tech giant terminates 28 staff who protested against a contract signed with the government of Israel. We get the latest. India's Bombay Stock Exchange warns investors against a deepfake video of its chief executive officer. We find out why. And we take a look at what is happening inside the board of LVMH now that the chairman and CEO, Bernard Arnault, has integrated two more of his children.

Duration:00:26:26

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Official corruption... when ships are in port

4/18/2024
The UN has estimated the global Cost of Corruption at some 5% of the world's Gross Domestic Product. Today our sister programme Business Daily has been looking at this - specifically through the lens of shipping, and the demands of routine bribery facing sea-farers. Many of the goods we buy and consume have at some stage reached us by cargo ship... But for the seafarers who make that happen, it’s not always an easy process. Ruth Alexander of Business Daily and The Food Chain tells more about this. Also, we hear from a very upset passenger, who's been trying to fly away from the destroyed by floods airport in Dubai. And we find out why a coalition of Nestlé shareholders is demanding to increase healthy food sales.

Duration:00:26:27

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Boeing faces fierce scrutiny

4/17/2024
A Boeing engineer has told US lawmakers that he was harassed and threatened after he raised concerns about the safety of the company's planes. We hear from engineers and their claims. President Biden is set to call for a tripling of US tariffs on steel and aluminium. His demand for tariff hikes comes as he tackles fraught relations with China. Should players be excluded from betting on a game? The jury’s out for one NBA player who was given a lifetime ban by the NBA for breaching gambling rules.

Duration:00:26:09

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US election 2024: Is it worth it for campaign backers?

4/17/2024
worrying reports for Donald Trump's campaign of what may be an impending cash shortfall. The Financial Times has calculated that he's raised $75mn less for his presidential bid than Joe Biden in recent months, and has 270,000 fewer unique donors than he had at the same stage of his White House run four years ago. So what difference does money make when it comes to winning US elections? Also, Ed Butler finds out why German sportswear giant Adidas hits huge profits from sales its Yeezy collection and what will be the cost of reconstruction of the Copenhagen's 17th-century old Stock Exchange.

Duration:00:26:01

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Is the American economy out of the woods?

4/16/2024
Economic growth in the US will be stronger than expected – but what does this mean for small businesses? We hear from an American business owner about the impact of an economic boom coinciding with inflation. Also, a UK legislation to ban cigarette sales leads to questions being raised on how tax duty for those specific sales will be recovered. Plus, is the return of investment worth much for countries hosting global events? It has been estimated that in preparation for the Olympic games France has spent 9 billion euros and forcing additional contributions from the government – but does the investment reap the rewards?

Duration:00:24:49

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Global economy ‘resilient’ but may be headed for trouble

4/16/2024
The global economy is set to grow 3.2% this year, slightly more than previously expected, according to the International Monetary Fund. It’s optimistic assessment in today's keenly awaited Global Growth forecast, suggests the world is heading for a soft landing rather than a crash over the next few months. Ed Butler talks to a former deputy director of the IMF. He also finds out what matters to young Indian voters as the country’s election gets closer, and talks to a Kenyan doctor about why he’s been joining the strikes for a month.

Duration:00:26:28

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Tesla announces workforce redundancies

4/15/2024
Redundancies are expected after Tesla announces it will lay off more than 10% of its global vehicle workforce. Also how has a rise in consumer spend affected America’s economy which is grappling with inflation? Plus, the truth behind truth social continues as we look how Trump Media shares have been falling. And finally, is America’s immigration system broken? Our reporter Erin Delmore has been looking at the political and bureaucratic issues adding to America's labour shortage.

Duration:00:26:27

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The costs of conflict for business in Israel

4/15/2024
Israel's economy is struggling in the wake of conflict with Hamas in Gaza. We hear from a start-up in the EV sector how tensions between Iran and Israel will affect businesses. Also, presenter Will Bain, looks at why Tesla is set to lay off more than 10% of its global electric vehicle workforce. And how Japan’s biggest brewer Asahi plans to expand its production of zero and low-alcohol drinks.

Duration:00:26:28

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Inside Ukraine’s energy crisis

4/12/2024
On today’s program we find out why Ukraine is suffering its worst power crisis since Russia launched its invasion. Also, find out why South America’s largest economy is grappling with high inflation. Plus, activists have begun a hunger strike on the island of Tenerife, in protest at what they see as the destructive growth of tourism on the Canary Islands. And finally, find out how an American Farm Grows $1,700-Per-Pound White Truffles…

Duration:00:26:28

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The challenge to produce vaccines in Africa

4/12/2024
Moderna has halted plans to build a Covid-19 plant in Kenya alleging the demand after the pandemic has fallen dramatically. Rahul Tandon explores the different challenges that keep Africa missing out on investments to develop vaccines and the consequence this has on the population. And shareholders of United States Steel will vote on a planned takeover of the company by a Japanese firm. We hear why not everyone's happy with the deal.

Duration:00:26:26

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The European Central Bank has held interest rates steady at a record high of 4%

4/12/2024
As the European Central Bank holds interest rates steady at a record high of 4%, Vivienne Nunis asks whether the EU is ahead of the US in the race to reduce interest rates. We examine the economic relationship between Japan and the United States - as the Japanese prime minister Fumio Kishida addresses the US Congress. Plus in another Japan-US relationship issue, we talk about Shohei Ohtani, a baseball, a home run, and a woman who feels she's lost out on $100,000 as a result.

Duration:00:26:28

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Vietnamese billionaire sentenced to death for $44bn fraud

4/11/2024
Property tycoon Truong My Lan has been found guilty of embezzling from one of the country's largest banks for 11 years, and given a rare death sentence. We get the latest from our correspondent. And as the political crisis deepens in Myanmar, we hear the latest report from the United Nations which says the middle classes in the nation are at risk of being wiped out.

Duration:00:26:07

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Cost of living shock: US Inflation is up

4/10/2024
Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said. How will the new law restricting abortion in Arizona affect the state’s clinics? Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.

Duration:00:26:17

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EU court removes Russian oligarchs from sanctions list

4/10/2024
The EU General Court removed Mikhail Fridman and Petr Aven off an EU sanction list

Duration:00:28:57

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How is the surging price of commodities affecting the global economy?

4/9/2024
Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on? Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.

Duration:00:26:03

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March marks new global heat record

4/9/2024
As the impact of climate change expands across the world, a top European court issues the first ruling against a country for climate inaction. We get the latest from our correspondent. And we go to Spain to hear why the government is scrapping its golden visa scheme.

Duration:00:26:27

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TSMC expands US chip manufacturing in Arizona

4/8/2024
The world's largest chip maker, TSMC - The Taiwan Semiconductor Manufacturing Company, has announced it will take advantage of generous US subsidies to build cutting-edge tech in Arizona. The Biden administration has committed more than six billion dollars in subsidies and five billion in possible loans to support the plan. Also, in the programme, the presenter Sam Fenwick finds out what it's like to experiencing complete darkness a rare total solar eclipse.

Duration:00:26:26

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Yellen's China visit comes to an end

4/8/2024
As U.S Treasury Secretary, Janet Yellen, wraps up her four-day visit to Beijing, Rahul Tandon looks at what the trip could mean for future relations between the U.S and China. Tens of thousands of people in the gaming industry sector have lost their jobs in the last few months. Reporter Izzy Greenfield explains what’s going on. And as North America waits to watch a total solar eclipse we hear from the business community in Rochester, New York, how the event has delivered a ‘tourism boom’ for the local economy.

Duration:00:26:27

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Rare earthquake shakes New York

4/5/2024
A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to a stockbroker who describes the moment of impact. We also hear from the co-director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude. Also on the program discover why emerging economies joining US and Europe in shielding domestic manufacturers from a rising tide of Chinese imports. And finally we find out why there’s been a sharp rise in the sale of horror novels around the world.

Duration:00:26:28

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McDonald's buys back 225 outlets in Israel

4/5/2024
McDonald's has announced its buying restaurants back, and bringing them in house - after the former franchise owner gave free meals to Israeli soldiers. That decision sparked a McDonald's boycott in many other countries across the world. We find out what happens when global brands and global politics collide.

Duration:00:21:57