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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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26:26

Hurricane Milton tears its way towards Florida

World Business Report ·

2024/10/07

Hurricane Milton has rapidly intensified into a category five storm as it tears its way towards the US Gulf Coast and risks impacting businesses in the area. We talk to one of the business owners and look at the current situation.Also, we find out how expensive the future US presidential policy will be and why the "1 dollar home scheme" can help to reduce a shortage of affordable homes in Baltimore.

26:28

Maldives president in Delhi to seek aid and reboot ties

World Business Report ·

2024/10/07

A lifeline for the Maldives as India signs a currency swap deal worth four hundred million dollars to help the island nation overcome mounting economic problems.Also, Roger Hearing looks at how employment in the tech sector in the US could affect the outcome of the election there next month.We look at what's behind the drop in German economic output.And Vietnam's remarkable growth rate, despite last month's devastating typhoon - is it sustainable?

26:26

Oil markets react to speculation about where Israel...

World Business Report ·

2024/10/03

And, the home of the beautiful game gets ready for regulated sports' betting.

26:29

OpenAI value almost doubles to $157bn

World Business Report ·

2024/10/02

OpenAI's value surges to $157bn in funding deal where the maker of ChatGPT raised $6.6bn from a pool of investors that include Microsoft. We also hear from North Carolina, where damages caused by hurricane Helene could have serious implications for the tech-industry. And we take a look at the effect that the latest conflict in the Middle East is having on Israel’s economy.

26:26

Iran launches ballistic missiles at Israel

World Business Report ·

2024/10/01

The attacks come after Israeli troops invaded Lebanon, in a ground operation against Hezbollah. Thousands have crossed from Lebanon to Syria seeking shelter. What could this mean for these countries whose economies are already struggling? Plus, Canada’s international trade minister talks about fears of ending up in a trade war with China.

26:27

US dockworkers go on strike

World Business Report ·

2024/10/01

Tens of thousands of dock workers in the US walk out in a dispute over pay and automation. Will Bain hears from our North America business correspondent Michelle Fleury, who's at the port of Newark. We also hear how the dispute could affect global supply chains, and the CEO of one of the world's biggest warehouse firms, Prologis, on how it could affect them.In the Middle East, the Israeli military has been carrying out what it describes as limited, localised raids against Hezbollah across its

26:29

Strike poised to shut down major US ports

World Business Report ·

2024/09/30

US ports brace for shut down as dockworkers strike is set to halt container traffic along the east and gulf coasts. We get the latest. The markets haven't welcome the arrival of Japan's new Prime Minister, Shigeru Ishiba. We find out why. And we take a look at the 10-billion merger of the last two remaining satellite TV providers in the US.

26:26

Japanese stocks fall after new PM calls snap election

World Business Report ·

2024/09/30

Japan’s new PM has called an early election. Roger Hearing hears how the markets reacted to the surprise win of Shigeru Ishiba in the race to become president of the Liberal Democratic Party. The auto company Stellantis which owns Aston Martin, Peugeot, Citroen, Fiat and Jeep has become the latest European car manufacturer to issue a profit warning And global rice prices have been falling on Monday, following India's recent decision to resume exports.

26:27

US imposes tariffs on Chinese goods

World Business Report ·

2024/09/27

From today, a range of Chinese goods entering the US will have to pay steeps tariffs. The Biden administration has imposed a 50% duty on solar cells and 25% on steel, aluminium, EV batteries and key minerals. There is a 100% duty on electric vehicles to protect the American auto industry. So, can the American auto companies fill the gap by making affordable electric cars?Meanwhile, there is trouble is brewing in the US East coast. Ten of the busiest North American ports are at risk of shutdown next

26:27

Is a trade war brewing between China and the US?

World Business Report ·

2024/09/27

Is another trade war brewing between the world's two biggest economies? The United States has just increased the level of border taxes - tariffs - on electric vehicles as well as on solar panels and batteries from China. Beijing has vowed to respond. Rob Young looks at the reasons behind the move.Also, Japan has suffered what's often called three lost economic decades. Well, it's about to get a new prime minister. So, what's his plan for the world's fourth biggest economy?And we look at the workers

26:38

Japan’s hotly-contested leadership election

World Business Report ·

2024/09/26

Japan's ruling Liberal Democratic Party will choose its new leader on Friday, after Prime Minister Fumio Kishida’s surprise announcement that he’s stepping down. But what do we know about those vying to take over from him? And how will a new leader effect the economy?Meanwhile, in Spain, union groups have taken to the street in support of a law that would shorten the workday. Unions gathered around the country to put pressure on the national employer’s confederation to back the law, which would

26:29

Will China’s economic slowdown affect outside...

World Business Report ·

2024/09/26

Devina Gupta looks at how China's slowing economy is helping some countries…Also, from cooling economies to cooling appliances that are becoming dangerous for our planet we look at the latest UN report and find out how a business in India is using solar energy to run a cold storage unit.And - South Korea's plan to make dog meat farmers move away from their profession.

26:27

Pakistan’s IMF bailout package

World Business Report ·

2024/09/25

Pakistan looks ahead to an anticipated $7bn IMF package as the country emerges from one of its worst economic crises since independence. Now, the government has amped up its efforts to raise nearly $46bn in taxes for the year - we hear from the former governor of the country’s state bank about what needs to happen next.Meanwhile, in the US, the main presidential candidates are setting out their vision for the economy. Donald Trump currently has a 6% poll lead over Kamala Harris on the economy, but

26:26

Is an IMF bailout ever enough?

World Business Report ·

2024/09/25

We hear from a doctor in Pakistan who says he sees parents who do not have enough money to take their dead children home, highlighting the growing and devastating pressures poor families face as rising costs leave them unable to afford basic medication. Devina Gupta finds out if an IMF bailout package can help the country’s health care system.Also, what does an IMF bailout look like for Bangladesh?And in Ghana where an IMF bailout may have slowed inflation, food prices are still rising, we find out

26:26

Is China’s central bank doing enough to revive its...

World Business Report ·

2024/09/24

New stimulus measures are being introduced by China’s central bank to reduce interest rates on existing mortgages. Devina Gupta speaks to lead economist Betty Wang.Also, is fashion giant Shein benefiting from tax loopholes in the UK? The boss of a popular clothing chain Superdry thinks so, we find out more…And - Singapore sees the biggest corruption scandal in its recent history, we look at why this conviction has had a huge global interest.

26:21

Sri Lanka elections: A change for the better?

World Business Report ·

2024/09/23

We are heading to Sri Lanka which has a new president but long-standing economic problems – Devina Gupta speaks to the country's former finance minister Eraan Wickramaratne.Also, with the growing transmission of Mpox in Africa, businesses are having to consider how they can manage to continue operations, we find out more…Plus, could strikes at a Samsung factory in India cause supply problems as we head into the festive season?

26:27

What next for Lebanon?

World Business Report ·

2024/09/20

Tensions continue to rise in Lebanon and there is growing fear of escalating conflict between Hezbollah and Israel. Over the past decade Lebanon’s economy has shrunk dramatically, the currency has collapsed, and prices have skyrocketed. Many are living under fear and uncertainty. We hear from Lebanon's business community on how they are coping in the current climate.Elsewhere, in Kenya a court has ruled that Facebook's parent company Meta can be sued over the dismissal of content moderators. These

26:29

Can a new CEO make Nike cool again?

World Business Report ·

2024/09/20

The boss of the world's largest sportswear maker, Nike, is to step down as the company's market share falls and rivals produce more innovative footwear.Also in Lebanon, the country's economy minister says the situation is escalating by the hour. Lebanon had already endured one of the worst financial meltdowns in history. Rob Young hears from the minister, a business owner and get a briefing on the state of the country's economy amid a slide towards -- what many fear will be -- an all-out war.And we

26:27

The view from Beirut as tensions soar

World Business Report ·

2024/09/19

Under the shadow of conflict is normal life possible in Lebanon? The country has had a major economic crisis for almost a decade, and there is growing fear of escalating conflict between Hezbollah and Israel. We hear from Lebanon's business community on the challenges of working under the shadow of increasing violence.Also, in the programme, Roger Hearing looks at the ongoing legal dispute between Brazil and the social media platform X. The company, which has more than 22 million users in Brazil,

26:29

Flooding in Europe: mounting pressure for more funding

World Business Report ·

2024/09/19

“There’s no playground, no place to play football, and no wedding venue anymore. It’s all been washed away,” the words of a hotel owner just south of Wrocław, in Poland, hit by the worst floods in 25 years. You’ll be hearing more about her story…Also, in today’s tech-focused episode Sam Fenwick will be discussing the United Nations’ call for stronger regulation of artificial intelligence.You'll hear a special report on who tech titans might be backing in the US election. And how have global

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