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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

More turbulence for Boeing

World Business Report ·

2024/10/24

Boeing workers have been on strike for the past six weeks. Late yesterday, they rejected a new offer, which included a 35% pay rise over four years. Data suggests this is the most expensive strike in the US this year. Estimates are the strike has cost Boeing over $8 billion, with that figure expected to rise further. Two big economic summits are ongoing this week. The IMF warns against a global trade war. Meanwhile, in Russia, the BRICS conference is wrapping up and we examine the key takeaways from

27:44

Boeing workers prepare to vote on pay offer

World Business Report ·

2024/10/23

Boeing workers vote on pay offer on Wednesday. Workers downed tools six weeks ago after rejecting initial pay offer. They’ve been offered a 35% pay increase, over the next 4 years. Also, we hear from migrants from Latin America who work in the fields of the US state of Pennsylvania. Tesla’s share price jumps after its 3Q results beat market expectations. And we hear why France is home to both haute cuisine and fast food. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We

26:27

Putin opens key trade summit

World Business Report ·

2024/10/22

Leaders of the ten key BRICS nations gather in the Russian city of Kazan for the annual summit. It began eighteen years ago with Brazil, Russia, India and China. In 2010, South Africa joined. And most recently, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates were welcomed. Aiming to create what they believe is a more balanced global economy and reduce reliance on Western financial systems, we look at the impact they have on the global economy. While IMF members are celebrating a

26:27

Cuba’s double whammy

World Business Report ·

2024/10/21

Essential businesses and schools remain closed until Wednesday as Hurricane Oscar makes landfall in Cuba - an island already in the midst of a massive power failure. Millions have been struggling with a near nationwide blackout after a major power station came offline. The government said power is expected to be mostly restored by Monday evening. We hear how food and water are proving difficult to come by for some islanders.The High Court in London begins hearing a civil trial over the

26:29

Cuba’s energy blackout

World Business Report ·

2024/10/18

The Cuban government has declared an energy emergency after a massive power cut led to the failure of supplies across the entire country. The total blackout came after the Antonio Guiteras power plant in Matanzas - the largest on the island - went offline. The government had already suspended all non-essential public sector services in an effort to conserve supplies. President Miguel Diaz-Canel blamed the decades-long US embargo against his country for the problem.Meanwhile, in China, what do

26:07

Why is China's economic growth slowing?

World Business Report ·

2024/10/18

Beijing has stepped up efforts to boost its economy after reporting the slowest pace of growth in a year and a half.Plus, why are we seeing a spike in tanker crashes in Nigeria?And the Russian parliament has passed the first stage of a law to ban so-called "propaganda of childlessness" including large fines. You can contact us on WhatsApp or send a voicenote to: +44 330 678 30 33. We would love to hear from you!

26:28

ECB cuts interest rates

World Business Report ·

2024/10/17

The European Central Bank has cut interest rates to 3.25% to prevent a significant slowdown in the Eurozone's economy.Leanna Byrne hears from businesses around the continent to find out how they're responding to their country's economic challenges.

26:26

TSMC profits surge driven by strong AI-related demand

World Business Report ·

2024/10/17

Taiwan Semiconductor Manufacturing Co. (TSMC) reports a 54% increase in Q3 net profit. The company estimated its capital spending in the current quarte would more than double to around $11.5 billion and that the budget was likely to increase further next year, as it expectshealthy demand for its products.In the closing weeks of the US election, we hear from business-owners...Also, we find out why announced Hong Kong government announced new regulations to phase out subdivided flats smaller than

26:25

Migrant workers struggle amid Lebanon's conflict

World Business Report ·

2024/10/16

We hear of the plight of vulnerable women in Lebanon—domestic workers who’ve been cast out by their employers as the crisis in the country deepens. The US’ Federal Trade Commission tells Ed Butler how it plans to enforce new rules requiring American businesses to make it as easy to cancel subscriptions and memberships as it is to sign up to them.We’ll also look at Ethiopia’s bold leap into the financial markets with its first-ever IPO, aiming to raise $255 million and lay the foundation for a stock

26:05

Albania receives first asylum seekers from Italy

World Business Report ·

2024/10/16

The first people to be intercepted at sea by the Italian navy under a controversial migration deal with Albania are on their way to the Balkan nation to have their asylum claims processed. If rejected they will be sent back to countries deemed safe.Also, in the programme, we look at the slow down is sales luxury goods firms have been reporting and the corresponding slump in their share prices.And why Australia plans to ban “dynamic pricing” amid rising anger from fans faced with soaring prices as

26:26

IMF warns of rising global debt

World Business Report ·

2024/10/15

The IMF says the debt held by countries is likely to exceed $100tn by the end of this year. How concerned should that figure make us?And while Ed Butler finds out why it’s been a bad day for chips (the computer ones), but a good one for (authentic) wine – as French police have uncovered a multi-billion dollar fake wine racket. The suspects are accused of creating counterfeit labels of renowned French vineyards, allowing them to sell bottles for thousands of dollars.

26:27

Google aims to achieve limitless energy

World Business Report ·

2024/10/15

Google has signed a deal to use small nuclear reactors to generate the vast amounts of energy needed to power its artificial intelligence (AI) data centres. We find out why IT giant is aims to achieve limitless energy.Also, today the world's biggest car bosses are meeting in Paris - and China's EV pioneers are bullish about the future despite the threat of tariffs...And the World Bank has just released a report focusing on the 26 poorest countries globally. We asked Ayhan Kosi, the World Bank's

26:29

Can China’s New Stimulus Efforts Revive Its Economy?

World Business Report ·

2024/10/14

China says it's introducing a range of bold policies aimed at reviving its economic growth, including measures to strengthen capital markets and stabilise the real estate sector. But detail is thin on the ground - and that's having an effect on global markets. Ed Butler hears from the World Bank as its latest report shines a light on the 26 poorest countries in the world, highlighting the severe challenges they face, from poverty to limited access to essential services.Plus there are tributes to

26:26

Paris Motor Show: which EVs will win the market?

World Business Report ·

2024/10/14

The Paris Motor Show is dominated by talk about electric vehicles - how to encourage European brands against Chinese competition?The UK gathers global investors to show Britain is open for business - but is Keir Starmer's administration going to attract what it needs?Also, Roger Hearing is talking to one of the winners of this year's Nobel prize for Economics about why poor nations are poor.And we'll hear about the dangers for women in India who work at night.You can contact us on WhatsApp or send

26:28

Anger erupts at petrol price hike in Nigeria

World Business Report ·

2024/10/11

Petrol prices have increased sharply for the third time this year in Nigeria. Rob Young looks at why the oil producing nation continues to hike the cost of fuel and hear what impact it's having on those who drive for a living.We also hear about an innovative project in Kenya that's trying to help improve the health of lorry drivers, who often have an unhealthy lifestyle.And we profile the new chairman of one of India’s largest companies.

26:28

Hurricane Milton could cost insurers up-to $100 billion

World Business Report ·

2024/10/10

Florida is counting the cost of Hurricane Milton, after the storm tore through the US state. Some estimates suggest it could top $100 billion. Rob Young talks to the state's chief financial officer – one of the most senior figures alongside the Governor - and asks how insurers will cope. We'll also hear why the French government's latest attempt at cutting the nation's high level of borrowing has been met with controversy.And we'll hear from young people in Portugal who could be offered a lower tax

26:27

How are businesses preparing for Hurricane Milton?

World Business Report ·

2024/10/09

Several million people in Florida have been told to evacuate ahead of the arrival of latest storm which is expected to make landfall on Wednesday night. We ask residents and business owners how are they coping? And we find out what will happen with the huge search giant Google after has been told by the US Department of Justice that it has to radically change its business model - and may even have to be broken up.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love

26:30

Should Google be broken up?

World Business Report ·

2024/10/09

In this special world business report Will Bain looks at the impact of what could happen if Google is broken up by the Department of Justice (DOJ). We examine if Google is too big and whether regulators should get involved?

26:32

TikTok sued by 13 US states

World Business Report ·

2024/10/08

More than a dozen states in the US have sued TikTok, accusing the social media platform of helping to drive a mental health crisis among teenagers. We hear the latest from the BBC's Michelle Fleury.Also in social media, Brazil's Supreme Court has lifted a ban on X.And as Florida braces for Hurricane Milton, we talk to a truck driver out delivering milk and find out how local businesses are preparing.You can contact us on WhatsApp or send us a voicenote: +44 330 678 30 33

26:28

China imposes tariffs on EU products including brandy

World Business Report ·

2024/10/08

A brewing trade war between China and the European Union heats up as China imposes tariffs on brandy imports.Also, the Uber boss says people should be prepared to wait longer when hailing EV rideshares.And the cities selling homes for $1Let us know you think about the stories we're covering on WhatsApp +443306783033

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