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World Business Report

BBC World Service

The latest business and finance news from around the world, on the BBC.

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26:31

Is the US Fed's independence at stake?

World Business Report ·

2025/08/29

As Fed governor Lisa Cook fights to block President Trump from firing her, a first legal hearing on the matter ends without a ruling. But with ongoing tensions and concerns over political meddling, who would want the next Fed chair job when the role becomes vacant next year? We speak to a former regional Fed president who says he’s up for the job.Canada’s economy shrinks much more than expected amid trade disputes with the US. An economist from the Canadian Chamber of Commerce weighs in on whether

26:27

The legal battle between Fed Governor and US President

World Business Report ·

2025/08/29

Federal Reserve governor Lisa Cook has sued President Donald Trump over his attempt to fire her, setting up a potential legal battle in court. The governor has asked the court to declare Trump's firing order "unlawful and void", and also named Fed Chairman Jerome Powell as defendant.How to keep things like food and medicines cold in the heat? We hear from Ghana-based start-up revolutionising cold chain logistics across West Africa.Also, some foreign investors are now rethinking their India plans

26:27

The USA sticks to plans on charges for some small...

World Business Report ·

2025/08/28

As the US Customs and Border Protection agency gets ready to end a tariff exemption on all global parcel imports valued under US$800, known as de minimis, the White House claims it will help curb the movement of drugs. We hear from Kate Muth of the International Mailers Advisory Group on whether Donald Trump's administration has compromised on the plans, and if ending the loophole will provide US$10bn of revenue as claimed. Elsewhere, Federal Reserve governor Lisa Cook has filed a legal case against

26:28

President Trump wants the US government to take a...

World Business Report ·

2025/08/28

How the US Republicans moved from the free market and a small state to big interventions in the American economy?Why Chinese EV makers have got ahead of Tesla?And if you're running a business in Russia, why you can't advertise on social media from next week?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

26:28

India labels Trump's tariffs 'unfair and unjust'

World Business Report ·

2025/08/27

With Washington's time window for a USA-India trade deal closed, Indian exporters are now dealing with 50% tariffs on many goods sold to the States. US president Donald Trump says it's to punish New Delhi for buying Russian oil, but India prime minister Modi has criticised the levies as "unfair, unjustified and unreasonable." Roger Hearing speaks to USA-India trade specialist Gunjan Bagla about what this could mean for both countries. Elsewhere Donald Trump has threatened the billionaire financier,

26:29

Trump's 50% tariff on India kicks in

World Business Report ·

2025/08/27

Indian exporters now face 50% tariffs on goods heading to the US. We hear how they’re coping.Also, Europe’s car industry says the EU’s green plan to cut emissions could actually backfire.And over in America, Cracker Barrel tried to give its famous logo a makeover, but after an online uproar, the ‘Old Timer’ is here to stay.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

26:27

US central bank governor to sue Trump

World Business Report ·

2025/08/26

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert. And in just a few hours’ time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil,

26:37

Growing pressure on the US Federal Reserve

World Business Report ·

2025/08/26

President Trump wants Federal Reserve Governor Lisa Cook removed over fraud allegations. She insists she’s staying put.Generation Z — the late ’90s and 2010s crowd now making their mark as a new force in retail investing.And in our Africa series, we explore why South Africa’s film industry is aiming for the global stage.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

26:27

South Korean President meets with Donald Trump at the...

World Business Report ·

2025/08/25

US President, Donald Trump welcomes the South Korean leader to the White House to discuss trade. He believes a deal can be done. The South African government has warned young women against taking up unverified foreign job offers promoted on social media campaigns. Plus, we see the true cost of fast fashion in Ghana as piles of unwanted clothes end up on the beaches.

26:28

Global postal services suspend low-cost parcels to...

World Business Report ·

2025/08/25

Across the globe postal services are pausing deliveries to the US as Washington prepares to end its long‑held tariff exemption on low‑value parcels.Evergrande, once China’s biggest property giant has now been kicked off the Hong Kong stock market, we bring you the latest twist in its collapse.Plus in Ghana, part of our Africa series, we see the true cost of fast fashion as piles of unwanted clothes end up on the beaches.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

26:26

Fed Chair Powell eyes September rate cut

World Business Report ·

2025/08/22

As Federal Reserve Chair Jerome Powell signals a move to a rate cut in December, we find out what it means for the US economy and the financial markets.Also, friends again? Canadian PM Mark Carney calls a halt to some of the retaliatory tariffs imposed on the US. We find out what Canada's businesses think of the thaw in trade relations. And, President Trump says the US government is to take a 10% stake in chipmaker Intel. We'll be hearing what's behind the move.

27:35

All eyes on Jerome Powell’s major speech at Jackson Hole

World Business Report ·

2025/08/22

The Federal Reserve's annual summit is happening in the scenic setting of Jackson Hole kicks into high gear on Friday, with the Fed Chair, Jerome Powell, taking centre stage. UN agencies are warning that the global workforce needs better protection from excessive heat driven by worldwide warming. And, in Scotland's capital where the Edinburgh Festival Fringe and International Festival take over the city's streets, we look at the impact of tourism going up, so does the cost of accommodation.

26:29

How does the EU-US trade deal affect the car industry?

World Business Report ·

2025/08/21

The EU and US clarify details of a tentative trade deal, with President Trump dropping plans for steep tariffs on cars, semi-conductors and pharmaceuticals. We get reaction from the German auto industry.We examine why a gathering of top economists and central bankers in the US is being overshadowed by politics. Tensions are high between President Trump and Federal Chair Jerome Powell, who is preparing a big speech at the Jackson Hole Economic Policy Symposium.And McDonald’s gets a scolding from

26:38

EU and US release details of their tariff deal

World Business Report ·

2025/08/21

The European Union and the White House have confirmed a 15% deal, including European cars and pharmaceuticals, in a joint statement clarifying their tentative trade deal announced last month.And in our Africa series this month, today we discuss the African Continental Free Trade Area, which aims to create a single market for goods and services in the continent, boosting trade and economic integration.Plus, Microsoft's head of artificial intelligence says he's alarmed by rising cases of a phenomenon

26:28

Federal Reserve comes under pressure as interest rate...

World Business Report ·

2025/08/20

The Chair of the Federal Reserve chair are under scrutiny from Donald Trump after fraud allegations emerge about Governor Lisa Cook. How will it affect the interest rate decision? The authorities in Pakistan's commercial capital Karachi have declared an emergency and a public holiday after monsoon rains paralysed the city. We hear from the local business owner.Sony PlayStation increased the price on its console. Is it one of the consequences of the trade war?And we look at Denmark's decision to

26:28

Doll-maker Labubu’s profits to rise nearly 400%

World Business Report ·

2025/08/20

Net profits of Labubu maker, Pop Mart, have soared by nearly 400%, and the company's Hong Kong-listed shares are up more than 570%, and it's now worth more than twice as much as Mattel – which makes Barbie. We will look at why these elf-like dolls, made by the Chinese, are trending.After a five-year pause, China and India are going to restart direct flights between the two countries. And today, in our Africa series, we're in Kenya, where a tech company in Nairobi is encouraging the use of

26:26

China’s gains from US tariffs: cheap Russian oil and...

World Business Report ·

2025/08/19

American farmers warn of lasting damage as Chinese importers choose cheaper alternatives from other countries like Russia and BrazilAlso, tariffs risk taking some of the steam out of the US coffee industry.And Roger Hearing hears why the British horseracing sector could face strike action over proposed betting tax changes.

26:28

India removes cotton import duties

World Business Report ·

2025/08/19

The Indian government has suspended import duties on cotton until the end of September in response to demands from industry groups. The move to exempt them from the 11% levy is seen as a relief for the textile industry, which is facing a steep 50% tariff on shipments to the US.Also, how much would you pay for a cup of coffee? If you're in the US, you could be about to pay a whole lot more due to tariffs. And prices for obesity-treatment drug in the US are expected to drop as Novo Nordisk halves

26:26

Ukraine talks: Will Ukraine and Russia negotiate a...

World Business Report ·

2025/08/18

Volodymyr Zelensky and European leaders are holding talks with Donald Trump at the White House - what will be next? We hear from Ukrainian business owner.Also, the Norwegian fund - worth $2 trillion - says it will divest from six firms with connections to the West Bank and Gaza. It currently has around $1.86 bn in companies listed in Israel.And are more people wondering about investing in that staple of many American and Middle Eastern cities - air conditioning?Where do you think some of the biggest

26:25

Qantas hit with record fine over COVID layoffs

World Business Report ·

2025/08/18

An Australian court found the airline illegally sacked 1,800 workers during the pandemic Also, Roger Hearing hears how the Swiss watchmaker Swatch has withdrawn advertisements featuring an Asian model pulling the corners of his eyes after facing a backlash in China.

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