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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

The European Central Bank has held interest rates...

World Business Report ·

2024/04/12

As the European Central Bank holds interest rates steady at a record high of 4%, Vivienne Nunis asks whether the EU is ahead of the US in the race to reduce interest rates.We examine the economic relationship between Japan and the United States - as the Japanese prime minister Fumio Kishida addresses the US Congress.Plus in another Japan-US relationship issue, we talk about Shohei Ohtani, a baseball, a home run, and a woman who feels she's lost out on $100,000 as a result.

26:07

Vietnamese billionaire sentenced to death for $44bn...

World Business Report ·

2024/04/11

Property tycoon Truong My Lan has been found guilty of embezzling from one of the country's largest banks for 11 years, and given a rare death sentence. We get the latest from our correspondent. And as the political crisis deepens in Myanmar, we hear the latest report from the United Nations which says the middle classes in the nation are at risk of being wiped out.

26:17

Cost of living shock: US Inflation is up

World Business Report ·

2024/04/10

Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.How will the new law restricting abortion in Arizona affect the state’s clinics?Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.

26:28

EU court removes Russian oligarchs from sanctions list

World Business Report ·

2024/04/10

The EU General Court removed Mikhail Fridman and Petr Aven off an EU sanction list

26:03

How is the surging price of commodities affecting the...

World Business Report ·

2024/04/09

Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on?Also, in the programme, the presenter Roger Hearing finds out why some politicians

26:27

March marks new global heat record

World Business Report ·

2024/04/09

As the impact of climate change expands across the world, a top European court issues the first ruling against a country for climate inaction. We get the latest from our correspondent. And we go to Spain to hear why the government is scrapping its golden visa scheme.

26:26

TSMC expands US chip manufacturing in Arizona

World Business Report ·

2024/04/08

The world's largest chip maker, TSMC - The Taiwan Semiconductor Manufacturing Company, has announced it will take advantage of generous US subsidies to build cutting-edge tech in Arizona. The Biden administration has committed more than six billion dollars in subsidies and five billion in possible loans to support the plan.Also, in the programme, the presenter Sam Fenwick finds out what it's like to experiencing complete darkness a rare total solar eclipse.

26:27

Yellen's China visit comes to an end

World Business Report ·

2024/04/08

As U.S Treasury Secretary, Janet Yellen, wraps up her four-day visit to Beijing, Rahul Tandon looks at what the trip could mean for future relations between the U.S and China.Tens of thousands of people in the gaming industry sector have lost their jobs in the last few months. Reporter Izzy Greenfield explains what’s going on.And as North America waits to watch a total solar eclipse we hear from the business community in Rochester, New York, how the event has delivered a ‘tourism boom’ for the local

26:28

Rare earthquake shakes New York

World Business Report ·

2024/04/05

A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to a stockbroker who describes the moment of impact. We also hear from the co-director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude.Also on the program discover why emerging economies joining US and Europe in shielding domestic manufacturers from a rising tide of Chinese imports. And finally we find

21:57

McDonald's buys back 225 outlets in Israel

World Business Report ·

2024/04/05

McDonald's has announced its buying restaurants back, and bringing them in house - after the former franchise owner gave free meals to Israeli soldiers. That decision sparked a McDonald's boycott in many other countries across the world. We find out what happens when global brands and global politics collide.

28:57

Gucci splashes out on a new $1.3bn office in Milan

World Business Report ·

2024/04/04

Gucci splashes out on a new $1.3bn office in Europe’s biggest property deal since 2022

25:54

US Treasury Secretary Janet Yellen to meet Chinese...

World Business Report ·

2024/04/04

US Treasury Secretary Janet Yellen stresses the importance of maintaining trade relationships and dialogue between the nations, as she spoke to reporters in the southern Chinese city of Guangzhou. China accuses the West of feeling threatened by their cheaper exports to developing economies, but Yellen stands by her assessment that China is saturating the markets, driving down competitors. Also, in the programme, we will talk about Google and how its search engine is powered by artificial

26:27

Taiwan quake to hit some chip output

World Business Report ·

2024/04/03

We look at what the effects of chip suspension mean for Asia's semiconductor supply chain. Plus, Roger Hearing speaks to the executive vice president of Taiwan Residential Earthquake Insurance Fund to highlight the estimated cost of damage so far. Also, Zimbabwean president declares state of disaster due to droughtAnd finally, Disney secures its happy ever ending after convincing shareholders they’re heading in the right direction

26:28

How has the Taiwan earthquake hit their...

World Business Report ·

2024/04/03

The devastating earthquake with a 7.2 magnitude has killed at least nine people and damaged buildings, sparking evacuations at microchip plants. The country is a huge player in the world of microchips - with many large factories supplying the likes of tech giant Apple and AI supremo Nvidia. Those factories however have had to shut their doors temporarily over fears of the aftermath of this devastating earthquake, which has meant a halt in production. Also, in the programme, we will talk about rising

26:26

Rebuilding Gaza estimated to cost $18.5 billion.

World Business Report ·

2024/04/02

A World Bank and UN joint report estimates costs to rebuild Gaza’s critical infrastructure to be $18.5 billion dollars – we discuss how it could be funded.Plus have drivers fallen out of love with electric cars? Tesla and BYD report sale losses. We also look at why hybrid work is becoming a popular choice for employees and Disney faces a showdown over its future against billionaire Nelson Peltz.

26:25

China property developer Country Garden suspended...

World Business Report ·

2024/04/02

There was good news yesterday about Chinese manufacturing going up, but less good news toay for Beijing about its beleaguered property sector: the property development giant, Country Garden, has suspended trading of its shares in Hong Kong after delaying publication of its annual results. The firm said last week it needed more time to collect information as it restructures its debts. It defaulted on its overseas debt last year. Also, in the programme, the presenter Roger Hearing will talk about

26:27

How is the Baltimore bridge collapse impacting business?

World Business Report ·

2024/04/01

A transportation business in Baltimore tells us about how they may have to take a hit to sustain their business as the Baltimore bridge is repaired. Also, the truth behind ‘Truth Social’ – we find out how shares in the business have plunged by 23% after reporting less than a million dollars in revenue for the fourth quarter of last year. Plus, we’ll be looking at how the UK has benefitted from the introduction of a minimum wage, 25 years after it was introduced.

26:28

China shows signs of economic recovery

World Business Report ·

2024/04/01

China's factory output has grown for the first time in six months. Roger Hearing finds out more about why that is good news but the picture remains mixed. Turkey's main opposition party has claimed big election victories in the main cities of Istanbul and Ankara. In Japan overtime per week is being limited to around 18 hours per week for drivers of trucks, taxis and buses. And in Germany part decriminalisation of cannabis will be introduced for over 18s. We hear more from our correspondent Jessica

50:23

WTO warns against protectionism in the global economy

World Business Report ·

2024/03/30

Today we lead with a warning from the head of World Trade Organisation Ngozi Okonja-Iweala about the impact protectionism could have on the global economy. Plus, we find out why Japan is relaxing its visa rules in a drive to boost foreign workers to fill vacancy gaps in certain professions. And finally social media stirs the pot after dubbing French president Emmanuel Macrons visit to Brazil as a honeymoon than a diplomatic summit.

27:10

WTO signals danger around trade protectionism

World Business Report ·

2024/03/30

Today we lead with a warning from the head of World Trade Organisation Ngozi Okonja-Iweala about the perils of trade protectionism.Plus, we find out why social media has dubbed French President Emmanuel Macron’s visit to Brazil as a honeymoon than a diplomatic summit.Also, we look at how local businesses in Jerusalem have been impacted by a decline in tourism and finally, we learn about the pros and cons of daylight saving, as Europe prepares to put its clocks forwards.

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