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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

The financial donors behind the US election

World Business Report ·

2024/07/11

Will he stand in November, or won't he? US president Joe Biden under even greater pressure to step back amid fears about his mental and physical fitness. We hear from Morris Pearl, Chairman of the Patriotic Millionaires group. Also, we hear from the trade union movement in South Korea on the indefinite strike hitting Samsung. And with two major football finals on the horizon, we look at how demand for classic shirts has taken off.

26:28

President Biden: Donor says it's "crunch time"

World Business Report ·

2024/07/10

Rahul Tandon hears from Biden donor Jeffrey Sonnenfeld, who says it's "crunch time" for the President as pressure mounts over whether he should try for re-election.Meanwhile the US administration imposes tariffs on Mexican steel imports - those which have been partly made in China. Is this an anti-China move - or a election ploy? We also find out why the charge is very much reduced on lithium-ion batteries - with prices down 51% in China, this year alone.

26:24

Strike at Samsung Electronics is going on indefinitely

World Business Report ·

2024/07/10

After a three-day strike at the world's largest maker of semiconductors, smartphones and TVs, the labour union at Samsung Electronics in South Korea has declared an indefinite strike.The union, which has 30,000 members, claims the strike has impacted production, but Samsung denies this. We hear from Professor Daejong Kim from the Graduate School of Business at Sejong University.Also, Roger Hearing finds out why India's prime minister Narendra Modi is visiting Austria and why the global alcohol

26:24

NATO leaders meet against gloomy backdrop

World Business Report ·

2024/07/09

NATO leaders meet in Washington, amid a rising deathtoll in Ukraine and a debate around the future of US President Biden. What will come from the reunion of the alliance?Elsewhere, Vivienne Nunis looks at the successful launch of Europe's newest rocket, and why the non-alcholic beer market has investors' attention.

26:25

NATO members gathering in Washington

World Business Report ·

2024/07/09

The US president Joe Biden is welcoming the heads of NATO member states to Washington today, for its annual summit. Among the key topics on the agenda are affirming support for Ukraine and strengthening deterrence and defense. We speak to Sweden’s Minister for Defence Pål Jonson. Also, in the programme, we find out what new trade deals between India and Russia have been discussed in Moscow today and the European Space Agency joins the space race.

26:28

French elections 2024: How are businesses feeling?

World Business Report ·

2024/07/08

France which is Europe's second largest economy - woke up to an unexpected result in the second round of its general election.Projections showed the far-right National Rally had failed to win a majority. It had been the largest party after first-round voting - but today, the left-wing coalition, the New Popular Front, has most seats, while President Macron’s centre alliance came second. Sam Fenwick gets reaction from businesses and economists about what the result of a hung parliament in France

26:27

Who is Rachel Reeves - Britain’s first female finance...

World Business Report ·

2024/07/05

After a momentous change for British politics, the new Prime Minister, Labour's Keir Starmer has been welcoming in his new cabinet. And amongst the members of his top team was the country's first ever female finance minister. Also, in the programme, Devina Gupta looks at the big elections showdown in France this weekend. And the boss of Esports World Cup joins us from Saudi Arabia to talk about allegations of Sports washing.

26:29

Kier Starmer scoops UK election result

World Business Report ·

2024/07/05

On World Business Report we have a panel of experts who have been there and know how it works to explain how markets have reacted to the news of a new UK government, ways to boost economic growth and how, practically does Britain's new finance minister get started in a new job?France also prepares for the second round of its election on Sunday, we hear how businesses are trying to navigate the current political uncertainty there.

26:28

UK votes being counted

World Business Report ·

2024/07/04

Millions of people voted at the UK General election. Rahul Tandon finds out what the exit polls tell us about how the contest could go and what it means global economy.

26:28

Fighting malaria could offer global economic boost

World Business Report ·

2024/07/04

Will Bain finds out more about the malaria vaccine that scientists and economists think could save some economies millions…Also, those EU tariffs on Chinese electric cars have come into force - we'll look at what that might mean next…And finally, we're off for a spot of wine tasting.

26:21

Hurricane Beryl hits Jamaica

World Business Report ·

2024/07/03

Hurricane Beryl has hit Jamaica, bringing with it catastrophic damage. A number of people have already been killed in the path of the storm, including in Grenada, as well as St Vincent and the Grenadines. Devina Gupta talks to local business owners and finds out how climate change is impacting insurance companies across the globe. Also, in the programme, we talk to Austin D. Goolsbee, president of the Chicago Federal Reserve. We also take a look at the UK’s general election and one of the big voter

26:28

UK general election 2024

World Business Report ·

2024/07/03

The UK is less than 24 hours away from polls opening in a landmark general election. The next government will inherit a low growth economy and a complicated relationship with its biggest trading partner, the European Union. Waiting lists within the National Health Service, and rise in the cost of living have been among the major issues during the campaign.

26:29

President Joe Biden has called on major drug...

World Business Report ·

2024/07/03

President Joe Biden has called on major drug companies to cut the price of weight loss medication Hurricane Beryl, a category 5 storm is heading towards Jamaica. We hear more from disaster modeller Enki Research And Jayson Tatum will sign a five-year deal, worth $314 million dollars with the Boston Celtics, making it the largest contract in NBA history.

26:28

Energy chief issues stark warning

World Business Report ·

2024/07/02

The head of IEA Dr Fatih has told World Business Report that unless the thousands of currently operating coal plants around the world are retired early the world has zero chance of keeping global warming within 1.5 degrees. He speaks exclusively to Rahun Tandon on this issue.Sri Lanka is set to save $5 billion following a restructure of its bilateral debt, much of which is owed to China. A deal has been reached to cut the interest rates Sri Lanka pays.And people in the United Kingdom are getting set

26:57

Victims lawyers say Boeing must pay $240 million fine

World Business Report ·

2024/07/01

Lawyers representing family members of victims tragically killed in the Boeing plane crash say they will be offered financial compensation. Rahul Tandon speaks to Paul Njoroge who lost his family in an Ethiopian plane crash.Plus, we get French market reaction to the first round of the country's elections....and South Africa's new cabinet is announced - what will be first on its economic to-do list?

26:28

US Supreme Court strikes down 40-year Chevron precedent

World Business Report ·

2024/06/28

In a 6-3 vote, the US Supreme Court killed a legal precedent that conservatives have attacked for decades, known as the "Chevron deference". The court decided in 1984 that judges should defer to federal agencies in interpreting ambiguous parts of statutes. However, from now on the courts alone will decide. Roger Hearing speaks to our reporter Nada Tawfik who tells us more about the Chevron Deference and a scientist who is among those opposing the judgement.As Iran votes in a new president, what are

26:28

Argentina’s Javier Milei wins senate approval for...

World Business Report ·

2024/06/28

President Javier Milei’s plans to slash public spending has been approved by Parliament. Devina Gupta speaks to reporter Natalio Cosoy based in Argentina about what this controversial approval could mean for ordinary citizens.We head to India's capital city - Delhi which has seen its highest rainfall in over 80 years.And find out how investors are reacting to two big upcoming elections - the US and France.

26:29

US courts block Purdue Pharma settlement

World Business Report ·

2024/06/27

The Supreme Court has blocked a $6bn settlement that shielded the Sackler family, who own Purdue, from future legal action. The pharmaceuticals company is widely blamed for the US opioid crisis. We dig into what the ruling means.Meanwhile, we speak to two executives heading the $2bln Korean company behind "webtoons", which has just launched on the Nasdaq stock exchange. And India's government looks into reports that iPhone maker Foxconn is excluding married women from working at its main

26:27

Kenya faces renewed protests

World Business Report ·

2024/06/27

We head to Kenya where a day after President Ruto rolled back controversial tax increases, young protestors are still out on the streets . As police fire tear gas to try and disperse crowds, Devina Gupta finds out what the impact has been on daily life and businesses. Also, how families in Zambia are struggling with rising costs, driven by a prolonged drought. From the US - what to expect in the first presidential debate today, and why pharmacy chain Walgreens is shutting a significant number of

29:00

Bolivia faces attempted coup

World Business Report ·

2024/06/26

In Bolivia, factions of the military have attempted to enter the presidential palace in what's being described as an attempted coup. We dig into what might be behind the movement.Elsewhere, Roger Hearing looks at the latest in Kenya following deadly riots. And we hear from the Dubai boss of one of the world's largest free trade areas, who has defended its policy to continue trading even with countries locked in conflict.

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