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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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27:10

WTO signals danger around trade protectionism

World Business Report ·

2024/03/29

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 forward.

26:31

WTO warns against fragmentation of the global economy

World Business Report ·

2024/03/29

The director of the World Trade Organisation Ngozi Okonjo-Iweala says she is concerned about protectionism, which she doesn't think would work in today's world. The "arms race" in AI has been mostly a financial one but now it seems there's a race to grab talent too. We discuss this with Humayan Sheikh, one of the major investors in the British AI firm Deep Mind. And South Africa's Environment Minister Barbara Creecy tells us why one of the best ways to protect her country's wildlife might be to eat

26:16

Was Sam Bankman-Fried's 25-year prison sentence...

World Business Report ·

2024/03/28

We find out why the Chinese smartphone maker Xiaomi has launched its first electric vehicle and is now securing orders. Also, France votes on a law to prevent discrimination against your hairstyle at work. Plus, how Padel is becoming the world's fastest-growing sport. And, could a law in Florida stop kids under 13 from accessing social media?

27:13

Sam Bankman-Fried sentenced to 25 years in prison

World Business Report ·

2024/03/28

Founder of crypto exchange FTX has been sentenced for stealing billions of dollars from customers. Sam Fenwick talks to experts and a victim about the consequences of this ruling on the cryptocurrency market. We get the latest from our correspondent in New York.

26:28

What now after Baltimore bridge collapse?

World Business Report ·

2024/03/28

We hear about the aftermath from the United States Chamber of Commerce and the founder of a brewery that's located near the site of the Francis Scott Key Bridge. Also, Disney and Florida appear to have settled a legal dispute. Plus, should America adopt Australian-style pensions? And Slovakian flying-car technology is off to China.

27:26

Baltimore bridge collapse: the economic impact

World Business Report ·

2024/03/27

We take a look at some of the costs that will come from the accident, like the reconstruction of the bridge and compensation for the victim's relatives -and who will likely have to pay for them. The Swedish fashion brand H&M has said it had to delay its spring collection due to the disruption caused by the Red Sea crisis. We take a look at the details. Africa's debt has increased sharply in recent years. Now, delegates have gathered at a conference in Accra, Ghana, to find solutions. We talk to

27:13

Container ship crashes into a bridge in the US

World Business Report ·

2024/03/26

Rahul Tandon examines the economic impact of the crash in a busy shipping lane in Baltimore. We also hear how much it might cost to repair. Shares in Donald Trump's media company have soared by more than 55 per cent, after it began trading on the Nasdaq stock market. Truth Social raised money through a shell company called a SPAC before being listed.We hear how the tiny Pacific island nation of Palau is trying to boost tourism. During Covid, that industry was decimated, and the country's lost

27:12

Baltimore Key Bridge collapses after ship collision

World Business Report ·

2024/03/26

Baltimore's Key Bridge collapsed after a container ship crashed into a supporting pylon. The port near the bridge is the largest in the US for specialised cargo. We get the latest. A huge amount of food is wasted every day, often because farmers are unable to keep it cold after it’s harvested. We look into some of the potential solutions. And as more countries around the world tighten rules around vaping, we talk to Tadeu Marocco, CEO of British American Tobacco, who says that a blanket ban of

27:26

Boeing boss quits after plane-maker plunged into crisis

World Business Report ·

2024/03/25

Rahul Tandon reflects on the departure of the company’s Chief Executive David Calhoun. He is set to leave at the end of the year. Could Pakistan be set to resume trade talks with India? We hear from a former Pakistani ambassador to the UK and the US. And we examine why rental costs have risen sharply in some parts of Spain.

27:25

Boeing boss to step down as firm faces safety crisis

World Business Report ·

2024/03/25

Boeing is under pressure after an unused door blew out of a Boeing 737 Max in January shortly after take-off. Will Bain looks at what the changes at the top will mean for the aviation giant as it faces heavy scrutiny following safety incidents and manufacturing issues. Also on the programme: A deadline for Donald Trump to put up the $464m (£365m) penalty for inflating his net worth is due to expire Monday. If he doesn't, the New York Attorney General may start freezing his bank accounts and

22:16

Trump’s social media business set to go public

World Business Report ·

2024/03/22

Donald Trump’s social media business is set to become publicly listed after shareholders of a company approved the deal. This will potentially unlock a $3bn windfall for the former US president. Roger Hearing will be hearing how exactly Trump is expected to make money from this. The FBI say there's a criminal investigation into what happened when a panel fell off a Boeing plane in mid-flight back in January. We find what this means for the passengers that were onboard. And we look at the career of

27:13

Media merger could provide $3bn windfall for Trump

World Business Report ·

2024/03/22

Donald Trump’s social media company, Truth Social, has been given the go-ahead to go public in a vote by shareholders. The deal could provide a $3bn windfall as the ex-president fights legal penalties.Hundreds of doctors in Kenya are striking today demanding better pay and conditions - we speak to one medic who is taking part. And as the Indian Premier League gets underway, we look at how much more the world's richest cricket league could grow as a business.

27:17

US Department of Justice and 16 other states sue Apple

World Business Report ·

2024/03/21

The US has filed a landmark lawsuit against Apple in which they are accused monopolising the smartphone market and crushing competition. Roger Hearing will be looking at what this means for the company going forward. Turkey has raised interest rates to 50% to fight inflation at 67%, we find out how it affects ordinary citizens. And as the EU moves to close unpaid internships but unions say it's not enough.

27:07

US sues Apple over iPhone 'monopoly power'

World Business Report ·

2024/03/21

The US Justice Department alleges Apple used its control of the iPhone to illegally limit competitors and consumer options. Apple deny the claims. Also in the programme: The Biden administration unveils the strictest ever US car emission limits to boost EVs; and why a Swedish pharmacy chain is banning the sale of anti-ageing skincare to children.

27:16

Fed signals three interest rate cuts in 2024

World Business Report ·

2024/03/20

The US central bank left interest rates unchanged at a range of 5.25% to 5.5%, a 23-year-high. We look into the details. Tech firms in Denmark have come together to develop and roll out a new computer game intended to engage girls in science and technology outside of the classroom. We get the latest from our correspondent. And the world's most expensive drug will soon be available in the US at a price of $4.25m. We hear about the rare disease it treats and the high cost of developing medicine to

27:17

EU imposes tariffs on Ukrainian produce

World Business Report ·

2024/03/20

The European Union has agreed to extend duty free imports of Ukrainian produce, which have been a lifeline for its war-torn economy. But to ease farmer’s concerns about being undercut, price caps have been brought in on some Ukrainian items, including oats, eggs, poultry and sugar. Will Bain looks at why - and what impact it could have on the Ukrainian economy.Microsoft has hired DeepMind co-founder, Mustafa Suleyman, to lead its new AI division. What does this tell us about the company’s plans for

26:54

Hong Kong passes controversial security law

World Business Report ·

2024/03/19

Hong Kong lawmakers have passed a security law that critics fear will further erode civil liberties in the city. Will tougher restrictions scare away foreign investors? Bangalore, home to some of the biggest IT companies in India, is battling an acute water shortage. We get the latest from our correspondent.And Star Wars creator George Lucas steps into the boardroom power battle at Disney to support the firm's CEO, Bob Iger. Will the force be with him? Presenter Sam Fenwick finds out.

26:55

Bank Of Japan ends negative interest rates

World Business Report ·

2024/03/19

Japan’s central bank brings the era of negative interest rates to an end with its first rate rise in 17 years. Rahul Tandon looks at why and what this might mean for global markets.As the government in Pakistan continues to limit access to social media sites, we hear from a digital marketing boss in the country, about the effect on their company.And as Unilever announces plans to create a stand-alone business for its ice cream products, including Ben & Jerry's and Magnum, we speak to one former

27:13

Electricity and food shortages lead to rare protests...

World Business Report ·

2024/03/18

The island is experiencing one of its worst crisis in the last three decades, with people struggling to get staples like milk and bread. Presenter Sam Fenwick examines the difficulties the Cuban economy is facing. Former US President Donald Trump hasn't been able to find a private company to guarantee the $464m million he's been ordered to pay in a New York civil fraud case. We hear about the consequences this could have for the former US president. And --why the number of stolen luxury watches has

30:08

A big week for central banks around the world

World Business Report ·

2024/03/18

As investors wait to see if Japan’s central bank will bring to an end eight years of negative interest rates, Rahul Tandon speaks to a former economist at the Bank of Japan about whether the policy has worked - and what would they do in the current economic climate.China's industrial production picked up in the first two months of 2024, accompanied by faster growth in the high-tech manufacturing and the consumer goods manufacturing sectors - so is the economy getting back on track?The number of

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