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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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26:27

Markets cheered Donald Trump's Treasury Secretary pick

World Business Report ·

2024/11/26

Stocks climbed and the dollar fell in response to President-elect Donald Trump's nomination of Scott Bessent as Treasury Secretary.Also, why German steel maker Thyssenkrupp says it's cutting 11,000 workers.And as Black Friday approaches, we talk to the producer of a new documentary on hyper consumerism.

26:27

Northvolt's Collapse: A Setback for Europe’s Green...

World Business Report ·

2024/11/25

On the programme, we examine the collapse of Swedish battery maker Northvolt, a key player in Europe's push for green energy and electric vehicles. What caused its downfall, and is there any future for the firm or Europe’s electric vision? We also delve into a suspected sabotage of undersea cables, with a Finnish telecoms company asking whether we invest enough in securing critical infrastructure.And a historic moment for Indian cricket as Rishabh Pant becomes the most expensive player in IPL

26:28

Poorer countries disappointed with latest COP29 offer

World Business Report ·

2024/11/22

The offer proposes wealthier countries give $250bn per year by 2035 to developing nations to help tackle climate change. We find out more. The world's largest man-made reservoir, Lake Kariba, has been hit by drought. We hear about the consequences this could have in the economies of Zambia and Zimbabwe. Bitcoin has been on a streak of almost daily all-time highs since the US election. We find out why.

26:26

Spain fines budget airlines over unnecessary charges

World Business Report ·

2024/11/22

Spain hits budget airlines with big fines for putting extra charges on passengers, but the airlines say they'll fight this through the European courts if necessary.Japan launches another stimulus package to try to boost its economy, but will consumers, given $200, actually spend it or save it?And the Olympic gold medal-winning sprinter Michael Johnson on his plan to transform top-level athletics.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from

26:28

US SEC Chairman says he’ll resign when Trump is...

World Business Report ·

2024/11/21

Andrew Peach discussed Gary Gensler’s announcement that he will resign as Chairman of the US Securities and Exchange Commission on the day that Donald Trump takes office. Gensler is known to be a sceptic of crypto currencies unlike the incoming President who received heavy backing from the crypto community during the election.The IG Metall trade union in Germany announces that it will urge workers at Volkswagen to go on strike from December. VW is threatening to shut some of its German factories

26:27

Kenya's government cancelled all Adani contracts

World Business Report ·

2024/11/21

Kenyan President William Ruto has ordered the cancellation of the airport deal and another one to develop power transmission lines in Kenya - post the US indictment. We hear from the government spokesperson Gabriel Muthuma.We get reaction from India to the criminal charges against Gautam Adani, one of the world’s richest men.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

26:28

Adani boss accused of $250m bribery over solar...

World Business Report ·

2024/11/20

Gautam Adani, chair of India’s Adani Group and one of the world’s wealthiest individuals, has been indicted in a New York federal court alongside others over an alleged multi-billion-dollar fraud scheme.Archegos founder Bill Hwang has been sentenced to 18 years in prison for orchestrating one of the largest economic frauds in U.S. history.We also explore the Bangladesh Central Bank’s efforts to recover funds siphoned abroad.

26:27

Ford and VW cut jobs in Europe

World Business Report ·

2024/11/20

Both Ford and VW are cutting jobs in Europe. Why is it that Germany's car industry is no longer the powerhouse that it used to be? We've been hearing from Ford's boss in the UK.And...We're about to hear from US Prosecutors on what Google could be expected to do to limit it's near monopoly on internet searching. Could they be forced to sell off their Chrome browser, and what difference would that make?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from

26:33

Trump taps pro-tariff Lutnick as Commerce Secretary

World Business Report ·

2024/11/19

Donald Trump says Howard Lutnick, the boss of financial firm Cantor Fitzgerald, will spearhead the administration's "tariff and trade agenda".Meanwhile, Pakistan's former climate change minister Sherry Rehman, sparks a debate at the UN climate talks in Baku, Azerbaijan saying attendees are there “for life and death reasons.” And what does the future hold for fashion house Chanel which been without a lead designer for months?We want to hear your views. Contact us on WhatsApp or send a voice note to

26:27

Were Baltic undersea cables damaged deliberately?

World Business Report ·

2024/11/19

German Defence Minister Boris Pistorius says that damage to two undersea cables in the Baltic Sea looks like an act of sabotage. We ask if companies and countries are spending enough to protect this key infrastructure.Also, farmers in France continue protesting against a potential trade deal between the European Union and the Mercosur countries in South America.And the boss of one of Africa's biggest banks tells us why he's bullish on African free trade.You can contact us on WhatsApp or send us a

26:30

Tackling hunger and poverty takes centre stage as G20...

World Business Report ·

2024/11/18

On the programme,the G20 summit begins in Rio de Janeiro, focusing on mobilising finance, boosting investments, and reinforcing the global financial safety net.Also, Denmark's Green Tripartite Minister, Jeppe Bruus, speaks with Rahul Tandon about the world’s first tax on livestock emissions and the reasons behind this groundbreaking decision.Plus, India’s Supreme Court rebukes Delhi authorities for delays in implementing pollution controls as the chief minister calls the severe air quality in

26:27

Delhi becomes world’s most polluted city

World Business Report ·

2024/11/18

India’s capital Delhi has overtaken the Pakistani city of Lahore as the most polluted city on Earth. Devina Gupta asked daily wage workers how they are coping while doing their duties.In Spain, political pressure builds as Valencia’s leader faces backlash over the deadly October floods… We’ll hear from Spain’s economy minister on the government’s response.Plus, a seven-year-old programming prodigy from Russia wows the tech world. Could he be the youngest head of training in a major IT company?"You

26:27

Trump and the Eurozone: Economic Woes Ahead?

World Business Report ·

2024/11/15

How will Trump impact the Eurozone, and can Sri Lanka's president fix its economy?

26:27

Donald Trump's pick for health secretary shakes the...

World Business Report ·

2024/11/15

Global vaccine makers' shares dip after news that Robert F Kennedy Jr is Donald Trump's pick to lead US health department. We find out why.One of China's investments in a Colombian mine has backfired after a drug gang commandeered part of the business. We look into what happened. The European Union has delayed by a year a regulation that was going to ban the import of goods linked to deforestation, a move that has been criticised by companies like chocolate maker Ferrero Rocher. We talk to one of

26:28

Philippines braces for a fifth typhoon

World Business Report ·

2024/11/14

Philippines braces for a fifth typhoon in three weeks. Past storms left more 150 dead, and thousands have now been evacuated. We get the latest. As the consequences of global warming become more clear, some of the private finance is now backing stronger moves into renewable energy to mitigate what is happening. We hear about this new trend. And around 4,000 illegal miners are stuck inside an old mine with police officers waiting for them outside. The miners fear they will be arrested if they come

26:28

What should we expect from Musk's new role?

World Business Report ·

2024/11/13

US President-elect Donald Trump has picked Elon Musk for a role in government cost-cutting, as part of his drive to "dismantle" bureaucracy. We speak to Trevor Traina, former United States Ambassador to Austria during Donald Trump's first presidency. Also, China is showing off its latest generation of stealth fighter jets and other military hardware at its Zhuhai Airshow.Why Germany is in the midst of a lot of political and economic trouble? And the New York City council passed a bill that will

26:28

Donald Trump appoints Elon Musk to cut government costs

World Business Report ·

2024/11/13

Donald Trump has picked Tesla and SpaceX founder Elon Musk and biotech investor Vivek Ramaswamy to lead a new "Department of Government Efficiency" that will focus on cutting costs in the US administration. But is there much to cut? We find out. The US-president elect has still to name a Treasury Secretary, and there are two names that are being suggested by his aides and advisers: Scott Bessent and Howard Lutnik. We hear more about them. India has given birth to some of the world's most

26:27

The 2024 APEC summit begins in Lima

World Business Report ·

2024/11/12

President Xi goes to Lima, as Peru gears up for the thirty-first Asia-Pacific Economic Cooperation economic leaders' meeting. Bitcoin continues to hit new highs following Trump's victory. How long can it continue?Jaguar is betting big on EVs and is even going so far as to stopping selling its new petrol cars in the UK entirely.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

26:26

Oil company Shell wins court battle over emissions

World Business Report ·

2024/11/12

Oil giant Shell wins ruling that it does not have to comply with specific targets to reduce its carbon emissions. Roger Hearing hears from our correspondent in the Hague, Anna Holligan, about what the ruling means for the industry.We find out how the wine industry is being impacted by extreme weather events and climate change. Plus we look at the rise and fall of the Bio-Tech company ‘23 and Me’, as it's set to lay off 40% of its workforce

26:26

Court blocks Italy’s migrant plan

World Business Report ·

2024/11/11

It's been three weeks since Italy's far-right government signed the five-year migration deal with Albania. Now, a court has blocked Italy's plan to send asylum seekers to the Balkan nation, disrupting Prime Minister Giorgia Meloni's main migration policy and raising questions about what's next. Also, we find out why dockers have been locked out of the Port of Montreal after they reject their latest pay offer. And we'll speak to one man who's riding the waves of retirement... quite literally.You can

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