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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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26:28

Kenya Airport controversy causes passenger disruption

World Business Report ·

2024/09/11

On today's programme, plans to modernise Kenya's Jomo Kenyatta International Airport have prompted the aviation workers' union to go on strike. We look at what's behind the decision and how long passenger disruption is expected to lastPlus, we look back at the market reaction to the U.S. Presidential debate, and Kamala Harris' vow not to ban fracking. And Starbucks’ new CEO, Brian Niccol, is looking to bring back that cozy community coffeehouse vibe as the world's largest coffee chain looks to

26:27

Ireland takes stock after Apple loses tax appeal

World Business Report ·

2024/09/10

After an eight-year long dispute, Apple was told by the European Union’s top court that it is required to pay €13 billion in back taxes to Ireland. What does this mean for the iPhone maker, and Ireland's future as a destination for big technology companies?Plus, what are the key election issues for America’s younger workforce?And Kenya pauses a deal for a major Indian conglomerate to run Nairobi’s main international airport.

26:30

Europe in need of investment

World Business Report ·

2024/09/09

Former Italian Premier and former ECB chief Mario Draghi has authored a European Commission report calling for €800 billion euros of additional annual investment. The report says the EU needs this alongside more innovation and faster decision-making to avoid seeing living standards decline. A fall in Chinese producer prices has fuelled concerns that deflation may be taking hold in the world’s second-largest economy. Industrial producer prices fell 1.8 per cent in August, the most in four months

26:30

Chinese data fuels fears of deflation

World Business Report ·

2024/09/09

A fall in Chinese producer prices has fuelled concerns grow that deflation may be taking hold in the world’s second-largest economy. Industrial producer prices fell 1.8 per cent in August, the most in four months. Steel and agriculture were among the sectors hit. Meanwhile, consumer prices rose 0.6 per cent.In Africa, the Africa CDC and WHO have launched a $600 million plan to combat mpox in 14 countries from September 2024 to February 2025. The initiative focuses on improving surveillance,

26:28

Boeing's Starliner is returning without astronauts:...

World Business Report ·

2024/09/07

Boeing's Starliner spacecraft has begun its journey back to Earth - but the astronauts it was supposed to be carrying are staying behind on the International Space Station. What happened?US job growth was weaker than expected last month, with only 142,000 new jobs added. Is a recession imminent, and how might the Federal Reserve react?And in South Africa, the Post Office teeters on the brink of closure. Business rescue practitioners have been brought in, jobs have been cut, and the CEO warns that

26:28

Concern over cooling of the US labour market

World Business Report ·

2024/09/06

US job growth was weaker than expected last month, with only 142,000 new jobs added. Is a recession imminent, and how might the Federal Reserve react?Also, Boeing’s Starliner space shuttle will return to Earth soon, but not with its intended passengers. What happened, and what does it mean for commercial space travel?Plus, the Biden Administration is tackling the issue of difficult subscription cancellations—what are their proposed solutions?

26:29

US job growth slightly slower than predicted

World Business Report ·

2024/09/06

We’ll be looking at the US economy following the release of closely watched jobs data.And, it's over 200 years old but it's on the brink of collapse: South Africa's postal office is looking to the government for a bail out. We speak to the man tasked with saving the institution. Plus, what does a Banksy artwork do to your house price? Our reporter speaks to home and business owners.

26:28

US Secretary of State visits Haiti to discuss...

World Business Report ·

2024/09/05

The country is under a state of emergency as gangs try to expand their control over the capital, and other regions. We get the latest. As Elon Musk's X is banned in Brazil, rival BlueSky gains ground in the South American nation. We talk to its CEO, Jay Graber.And we get an insight on how airplane seats are made.

26:23

China offers Africa $51 billion

World Business Report ·

2024/09/05

President Xi has offered $51 billion of Chinese finance for Africa and says it will create a million jobs... there are plenty of warm words about it but we'll examine who's getting the best deal.Andrew Peach to a Swedish government minister about why they're abolishing a tax on air travel despite environmental concerns.And why President Putin wants Russian cargo to make more use of a sea route which used to be blocked by ice before global warming.

26:27

Nvidia: is the AI boom over?

World Business Report ·

2024/09/04

Shares are down... with the tech giant Nvidia slumping almost 10%... is that because of fears about the US economy... or does it reveal wider concerns about artificial intelligence?And fifty African leaders are in Beijing, looking for investment and tourism in exchange for access to minerals. We speak to DRC’s minister of communications about what delegates may be looking for from China.And the German town worrying what will happen if VW closes the car plant their town depends on.

26:30

Why's Europe's car industry stuck in neutral?

World Business Report ·

2024/09/03

We start in Germany, where perhaps the biggest warnings yet about the pressure on Europe's car industry have come from one of the continent's biggest firms. Volkswagen - VW - has warned it could close factories for the first time in its history as it comes under increasing financial pressure.Also today the boss of one of the world's biggest delivery firms warns of disruption to global trade,And, fancy an AI dating - wingman?

26:29

Donors and the US election

World Business Report ·

2024/09/02

Campaign donations have been a key feature of the 2024 US election. Since Kamala Harris entered the presidential race huge donation figures have been widely reported in the media. One Republican donor tells us why he’s hoping for a Trump win. We examine where campaign donations are coming from and how decisive they might be in this election. Also in the programme, Rahul Tandon looks at the protests and general strike in Israel following the death of six hostages held by Hamas, and looking back at

26:27

How are strikes and protests affecting Israel's economy?

World Business Report ·

2024/09/02

Businesses, schools, universities and transport across Israel have been disrupted by a general strike called to put pressure on the government to agree a Gaza ceasefire and hostage release deal with Hamas. We find out how firms are operating and from one boss who's encouraging his staff to strike.Also, Thailand's war on an "alien" fish that it fears could cost its economy almost $300 million.And cries of foul play from fans of the band Oasis, after a ticketing meltdown and experiencing the rough

26:27

X braces for a ban in Brazil

World Business Report ·

2024/08/30

Elon Musk's social platform X expects to be blocked in Brazil after missing a judge's deadline to appoint a new legal representative. We get the latest. As The Maldives see their credit rating downgraded by ratings agency Fitch, investors fear the archipelago could become the first country to default on a sukuk, an Islamic financial product similar to a bond. We hear more about the islands' situation. And as more young Africans are leave their countries in search of a better future, we find out

26:29

Germany’s DAX Index at record high

World Business Report ·

2024/08/29

Germany’s DAX Index, which tracks the country's 40 largest companies on the Frankfurt Stock Exchange, has hit a record high as investors expect the European Central Bank to cut rates. Certain African countries have seen prices and taxes rise in the last few years, leading people to take the streets. We hear from people in Uganda, Nigeria and Kenya.And could a universal basic income help protect the Amazon rainforest?

26:25

Chips giant Nvidia unveils latest bumper earnings

World Business Report ·

2024/08/28

In the last half hour the artificial intelligence giants Nvidia has released earnings for April to June.. The chipmaker has seen huge growth over the last few years, driven by the AI boom. How will it impact world markets?Also, in the programme, Devina Gupta finds out how fin-tech company Klarna has already cut its workforce from 5,000 to 3,800 in the past year, and wants to reduce that to 2,000 employees by using AI in marketing and customer service.

26:28

Can the UK 'reset' relations with the EU?

World Business Report ·

2024/08/28

The UK's Prime Minister, Keir Starmer, visits Germany to explore a 'reset' of relations with the European Union. But how easy is his quest? We find out. Ageing population is also a big concern in the UK, where 15 million people are over the age of 50 and economically inactive. As this trend rises, we look into what companies are doing to recruit these older workers. The National Football League (NFL) has taken a historic step which could transform the financing of American football. We hear the

26:26

The Greek-flagged crude oil tanker Sounion appears to...

World Business Report ·

2024/08/27

The Pentagon says an oil tanker in the Red Sea which was recently attacked by Yemen's Houthi rebels is still on fire and appears to be leaking oil. The tanker was carrying about 1 million barrels of crude oil and this can put the fishing grounds and lead Yemen to the biggest famine of the 21st century.Also, in the programme, Roger Hearing talks about the rise in the US consumer confidence, and he finds out why Estonian authorities are planning to rent prison cells.

26:05

US national security advisor visits China

World Business Report ·

2024/08/27

The US national security advisor, Jake Sullivan, is visiting China, where he'll meet with authorities to discuss Taiwan, and trade. We get the latest. As India becomes the most populous country on Earth, its population is ages rapidly. We take a look at businesses trying to cash in on the booming silver economy. And the construction of an airport in The Philippines has been delayed because due to a sand shortage. We hear about the relevance of sand for the construction industry, and the

26:23

How should messaging apps like Telegram be regulated?

World Business Report ·

2024/08/26

The CEO of the Telegram messaging app Pavel Durov is being held by French authorities until at least Wednesday. Why has he been arrested and what does this say about social media regulation? Plus, IKEA is trying out a second-hand marketplace.And business opportunities from India's ageing population.

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