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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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26:18

US budget: Biden to increase tax for wealthy earners...

World Business Report ·

2024/03/11

US President Joe Biden delivered a $7.3 trillion election-year budget to the Congress. It contain proposal to raise taxes on wealthy earners and corporations and bring back a child tax credit for low and middle-income earners.The money will also help to fund childcare programs, funnel $258 billion to building homes, provide 12 weeks of paid family leave for workers, and help fund law enforcement.Also, in the programme, Devina Gupta finds out why more farmers are filing for bankruptcy in Brazil and

27:06

Haiti: "Insecurity kills people and the economy"

World Business Report ·

2024/03/11

Haitian economist Enomy Germain explains the challenges businesses face in the country. We hear from him and a businessman based in Port-au-Prince. Dozens of paintings from a private collection of Russian and Ukrainian modern art have been sold to museums and private collectors around the world. But suspicions on their authenticity are now emerging. We look into these accusations. And we talk to an Internet pioneer about the latest controls on the firms that dominate the web: the European Union's

27:15

Congress move that could ban TikTok in the US sparks...

World Business Report ·

2024/03/08

The Chinese-owned app urged users to call politicians to complain about a bill that would force its parent company to either sell or shut down TikTok in the US. We ask an expert about the implications this could have. A power company has admitted it might be responsible for the start of the largest wildfires in Texas history. We get the latest. And 10 years after Malaysian Airlines flight MH370 disappeared from radar screens, leaving 239 people missing presumed dead, the case continues to be a

27:19

Binance vs Nigerian government

World Business Report ·

2024/03/08

Nigeria has been wrangling with the crypto-exchange Binance and recently stopped all transactions using local currency. The move comes after a tumultuous two weeks for the exchange in Nigeria where government officials blamed Binance for facilitating currency speculation and foreign exchange manipulation. The soaring exchange rates have worsened the cost of living for Nigerians. Also, in the programme, the presenter Will Bain finds out what the spike in violence might mean for foreign investment in

27:08

Sweden joins Nato after decades of neutrality

World Business Report ·

2024/03/07

The country becomes the 32nd member of the North Atlantic Treaty Organisation after two years of negotiation. We look into the consequences this can have.As award season continues in Hollywood, we hear about the impact last year's strikes had on the industry. And we explore why a growing number of Americans are choosing to switch to local community banks.

27:15

Tech giant ASML set for Dutch exit?

World Business Report ·

2024/03/07

Dutch company ASML producing machines which can make the most advanced computer chips and it's the only company in the world with that kind of technology. It's not a surprise that the current government is trying to ensure it continues to invest in the Netherlands.The semiconductor equipment maker is considering expanding abroad after it voiced concerns over the country’s hardening stance on migrants. Also, in the programme, the presenter Roger Hearing will find out of how tensions in the Red Sea

27:16

Nikki Haley quits her presidential campaign

World Business Report ·

2024/03/06

Republican candidate Nikki Haley suspends her presidential campaign after losing against Donald Trump on Super Tuesday. Vivienne Nunis will be looking at what happens to the billionaire backers funding her campaign. With global cocoa prices soaring, we speak to the CEO of Lindt chocolate about its boost to profitability. And the widely loved late Colombian author Gabriel Garcia Marquez has a new book out.

27:19

Israel's economy over impact of the war

World Business Report ·

2024/03/06

Israel's $500-billion economy has taken a hit during the more than four-month-old war in Gaza, during which thousands of people have left the Israeli workforce and gone to serve in the military. The country's Economy and Industry Minister - Nir Barkat has told the BBC that winning the war was the top priority for Israel despite the economic toll. Also, in the programme, we we'd look at the position of women in the Irish economy and the UK spring budget.

27:16

It's Super Tuesday

World Business Report ·

2024/03/05

It's Super Tuesday in the US - the biggest day of the 2024 election so far, when people in 15 states will vote for their presidential candidate. Roger Hearing will be bringing us up to date on what the polls are saying. There are concerns that North Korea has been hacking into the south's chip makers as part of its weapons-development. And there has been a breakthrough agreement between Starbucks and its unionised baristas.

27:20

China sets ambitious economic target

World Business Report ·

2024/03/05

China's leaders have set an ambitious target of 5% GDP for the year ahead - despite weaknesses in the world's second largest economy. Will Bain asks former IMF economist David Woo what that target really means. With Super Tuesday upon us, one of President Biden's 2020 campaign pollsters Celinda Lake tells us what she makes of the evening's events to come. Plus we hear from Maarten Boute, the interim chief executive and chairman of the Telecoms major Digicel, about Haiti - and how you try to operate

27:16

China: National People's Congress preview

World Business Report ·

2024/03/04

The National People's Congress starts on Tuesday, bringing together China’s political elite, as well as leaders in business, tech, media, and the arts. Rahul Tandon will be looking ahead to the congress as China’s leading economics official, premier Li Qiang has said he will not address the press this year. Also Apple has been fined $2billion dollars by the EU for violating their anti- trust laws. We hear if it should it have been more for them to feel the impact? And we head to a place that has

27:18

Why EU fines Apple for €1.8bn?

World Business Report ·

2024/03/04

Apple has been fined €1.8 billion by the EU, for breaking competition laws.The penalty is for preventing Spotify and other music streaming services from informing users of payment options outside the Apple app store.The European Commission's decision was triggered by a complaint by the Swedish music streaming service over this restriction and Apple's 30% fee.Also, in the programme, the presenter Will Bain will find out will businesses continue investing in Haiti after the mass jailbreak.

27:18

Musk v OpenAI: ideology or money?

World Business Report ·

2024/03/01

Elon Musk is suing OpenAI, the makers of ChatGPT, arguing it has breached the principles he agreed to when he helped found it in 2015.The lawsuit - which has also been filed against OpenAI boss Sam Altman - says the firm has departed from its original non-profit, open source mission.Musk says that instead of trying to "benefit humanity" - as it was set up to do - OpenAI is focusing on "maximising profits" for major investor Microsoft. Also in the programme, we will talk about offices which been

27:23

Poland says restrictions to Ukrainian food products...

World Business Report ·

2024/03/01

The Polish Agriculture Minister, Czeslaw Siekierski, tells World Business Report that Ukraine will be compensated for the grain destroyed by farmers during protests.Fuel prices in Cuba rise by five times after the government reduces subsidies amid a severe economic crisis. We get the latest from Havana. And Elon Musk is suing Open AI and its Chief Executive Sam Altman because he claims the company has abandoned its mission to develop artificial intelligence for the benefit of humanity, not

27:24

Why junior doctors in South Korea are fighting for...

World Business Report ·

2024/02/29

South Korea is dealing with another day of a doctors' strike. Most junior doctors there have so far defied a government order to return to work by the end of Thursday, despite the threat of legal action. About eighty percent of junior doctors walked out last week in protest against a decision to sharply increase the number of medical school places. They say training more doctors could lower the quality of medical school education and reduce pay. The authorities say the increase will address

27:02

US to investigate if Chinese electric cars pose...

World Business Report ·

2024/02/29

President Joe Biden says he worries these vehicles might gather data on US citizens and infrastructure and send it to China. How will this affect the already strained US-China relations? We find out. India’s GDP grew by more than 8% in the final three months of 2023, beating all forecasts by economists. We look into the impact this can have in this year's elections. The number of people out of work in Germany increased more than expected in February. We hear how a slowdown in Europe's largest

27:26

Boeing has 90 days to fix safety concerns

World Business Report ·

2024/02/28

US aviation regulators have given Boeing 90 days to come up with a plan to fix safety problems, this comes after a door panel blew off the 737 Max aircraft last month. Sam Fenwick will be hearing what the regulators are recommending. We look at if the merger of Disney and Reliance could create a media powerhouse big enough to rival Netflix and other streaming networks. And the woman at the centre of one of the biggest US political scandals teams up with a major Fashion brand.

27:18

South Korea: Birth rate falls to new record low

World Business Report ·

2024/02/28

Economic incentives fail to boost population in the nation with the lowest fertility rate in the world. We find out why more South Koreans are deciding not to have children. Country Garden, the largest private property developer in China, is facing a winding-up petition filed in Hong Kong by a creditor. We look into the details. And Apple has reportedly cancelled its plans to build electric vehicles after a decade working on the them. We hear about the reasons that may have led them to drop the

27:05

Michigan presidential primary election

World Business Report ·

2024/02/27

As the people of Michigan head to the polls to choose their candidates for the up-coming US election. Sam Fenwick will be looking at what drivers the states economy. We get the latest on why Nigeria is experiencing the worst economic crisis in a generation as inflation continues to soar. And the Geneva Motor Show is now taking place in the Swiss town for the first time since the Covid outbreak.

27:25

Nigerians take to the streets over soaring food and...

World Business Report ·

2024/02/27

Trade unions begin two days of protests across the country against president Bola Tinubu's economic reforms. We find out what is happening in Africa's largest economy. Japan's population declined by nearly one million people last year, as the ageing of society gathers pace. We look into the factors that are fuelling this population crisis. And as the Cigar Festival takes place in Cuba, we get the latest on this luxury industry.

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