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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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27:12

US opiod crisis

World Business Report ·

2024/03/15

The United States is warning the rest of the world that the US is the canary in the coalmine when it comes to the global opioid crisis. Our presenter Will Bain will be hearing what the US plans on doing. Also, the man who bankrolled Nikki Haley's failed bid for the US Presidency warns where his cash might go next. And there is big news in K-pop for the UK as a band is set to grace the main stage of one of the world's biggest music festival for the first time.

23:46

Russians go to the polls

World Business Report ·

2024/03/15

We take a look at Russia's economy as the nation holds the first presidential elections since the beginning of war with Ukraine. Major internet disruption has been reported in various countries across Africa. We hear about the consequences it is having on businesses. And Japanese carmakers Nissan and Hinda want to join forces in the electric vehicle market. What impact will this have in the auto industry?

27:08

A bid to buy TikTok

World Business Report ·

2024/03/14

Former Secretary of the U.S. Treasury Steven Mnuchin said he is arranging a team of investors to purchase Chinese social media giant TikTok. Our presenter Roger Hearing will be looking at how significant this move will be to stop Chinese influence in America. There is a defeat in the UK courts for the Australian who claims to be the man who founded Bitcoin.And Denmark moves to conscript women into the armed forces for the first time as part of a beefing up of its defences - but there are fears about

27:10

Corporate defaults hit highest rate since 2010

World Business Report ·

2024/03/14

Companies across the world struggle to pay debts as the impact of higher interest rates starts to kick in, according to S&P. We look into the details. As US legislators discuss the future of TikTok in the country, we hear from a business that relies on the app to boost sales.And in Bangalore, also known as India's Silicon Valley, a severe water crisis is putting companies under stress. We hear more from our correspondent.

27:17

How will a new bill aimed at TikTok affect US...

World Business Report ·

2024/03/13

The US House of Representatives has approved a landmark bill that could see TikTok banned in America.The measure would give the social media giant's parent company ByteDance six months to sell its controlling stake, or the app will be removed in the US. Many people are concerned about the possible ban, including US business owners who use TikTok to boost sales.Also in the programme, presenter Will Bain asks why the EU has decided to regulate AI and talks to a major donor from the US election

27:12

What will happen to TikTok in the US?

World Business Report ·

2024/03/13

US House of Representatives passes bill that could force TikTok's owner to sell the app or see it banned in the country. We get the latest from our correspondent. The European Union has approved the world's first comprehensive framework for constraining the risks of artificial intelligence. We look into the details. And the European Commissioner of Agriculture, Janusz Wojciechowski, talks to World Business Report about recent farmers' protests in the continent.

27:04

US inflation rises to 3.2%

World Business Report ·

2024/03/12

The inflation rate in the US picked up in February, as prices for petrol and housing pushed higher.The annual rate, which measures the pace of price increases, was 3.2% in February, up from 3.1% in January, the Labor Department said.Airfare, car insurance and clothing were among the items driving the increase over the month.Also, in the programme, Sam Fenwick will talk to a doctor striking in South Korea and finds out how the climate change is having a big impact on the cost of bananas.

27:14

Boeing whistleblower found dead

World Business Report ·

2024/03/12

Former Boeing employee John Barnett had being giving evidence in a lawsuit against the firm in the days before his death. Transportation Attorney Mary Schiavo is a former Inspector General at the US Department of Transport – she told Vivienne Nunis about Mr Barnett’s testimony. Haiti's Prime Minister Ariel Henry has announced he will leave office as soon as his government forms a presidential council, after being blocked from re-entering the country. We get the latest. Chinese smartphone-maker

26:18

US budget: Biden to increase tax for wealthy earners...

World Business Report ·

2024/03/11

US President Joe Biden delivered a $7.3 trillion election-year budget to the Congress. It contain proposal to raise taxes on wealthy earners and corporations and bring back a child tax credit for low and middle-income earners.The money will also help to fund childcare programs, funnel $258 billion to building homes, provide 12 weeks of paid family leave for workers, and help fund law enforcement.Also, in the programme, Devina Gupta finds out why more farmers are filing for bankruptcy in Brazil and

27:06

Haiti: "Insecurity kills people and the economy"

World Business Report ·

2024/03/11

Haitian economist Enomy Germain explains the challenges businesses face in the country. We hear from him and a businessman based in Port-au-Prince. Dozens of paintings from a private collection of Russian and Ukrainian modern art have been sold to museums and private collectors around the world. But suspicions on their authenticity are now emerging. We look into these accusations. And we talk to an Internet pioneer about the latest controls on the firms that dominate the web: the European Union's

27:15

Congress move that could ban TikTok in the US sparks...

World Business Report ·

2024/03/08

The Chinese-owned app urged users to call politicians to complain about a bill that would force its parent company to either sell or shut down TikTok in the US. We ask an expert about the implications this could have. A power company has admitted it might be responsible for the start of the largest wildfires in Texas history. We get the latest. And 10 years after Malaysian Airlines flight MH370 disappeared from radar screens, leaving 239 people missing presumed dead, the case continues to be a

27:19

Binance vs Nigerian government

World Business Report ·

2024/03/08

Nigeria has been wrangling with the crypto-exchange Binance and recently stopped all transactions using local currency. The move comes after a tumultuous two weeks for the exchange in Nigeria where government officials blamed Binance for facilitating currency speculation and foreign exchange manipulation. The soaring exchange rates have worsened the cost of living for Nigerians. Also, in the programme, the presenter Will Bain finds out what the spike in violence might mean for foreign investment in

27:08

Sweden joins Nato after decades of neutrality

World Business Report ·

2024/03/07

The country becomes the 32nd member of the North Atlantic Treaty Organisation after two years of negotiation. We look into the consequences this can have.As award season continues in Hollywood, we hear about the impact last year's strikes had on the industry. And we explore why a growing number of Americans are choosing to switch to local community banks.

27:15

Tech giant ASML set for Dutch exit?

World Business Report ·

2024/03/07

Dutch company ASML producing machines which can make the most advanced computer chips and it's the only company in the world with that kind of technology. It's not a surprise that the current government is trying to ensure it continues to invest in the Netherlands.The semiconductor equipment maker is considering expanding abroad after it voiced concerns over the country’s hardening stance on migrants. Also, in the programme, the presenter Roger Hearing will find out of how tensions in the Red Sea

27:16

Nikki Haley quits her presidential campaign

World Business Report ·

2024/03/06

Republican candidate Nikki Haley suspends her presidential campaign after losing against Donald Trump on Super Tuesday. Vivienne Nunis will be looking at what happens to the billionaire backers funding her campaign. With global cocoa prices soaring, we speak to the CEO of Lindt chocolate about its boost to profitability. And the widely loved late Colombian author Gabriel Garcia Marquez has a new book out.

27:19

Israel's economy over impact of the war

World Business Report ·

2024/03/06

Israel's $500-billion economy has taken a hit during the more than four-month-old war in Gaza, during which thousands of people have left the Israeli workforce and gone to serve in the military. The country's Economy and Industry Minister - Nir Barkat has told the BBC that winning the war was the top priority for Israel despite the economic toll. Also, in the programme, we we'd look at the position of women in the Irish economy and the UK spring budget.

27:16

It's Super Tuesday

World Business Report ·

2024/03/05

It's Super Tuesday in the US - the biggest day of the 2024 election so far, when people in 15 states will vote for their presidential candidate. Roger Hearing will be bringing us up to date on what the polls are saying. There are concerns that North Korea has been hacking into the south's chip makers as part of its weapons-development. And there has been a breakthrough agreement between Starbucks and its unionised baristas.

27:20

China sets ambitious economic target

World Business Report ·

2024/03/05

China's leaders have set an ambitious target of 5% GDP for the year ahead - despite weaknesses in the world's second largest economy. Will Bain asks former IMF economist David Woo what that target really means. With Super Tuesday upon us, one of President Biden's 2020 campaign pollsters Celinda Lake tells us what she makes of the evening's events to come. Plus we hear from Maarten Boute, the interim chief executive and chairman of the Telecoms major Digicel, about Haiti - and how you try to operate

27:16

China: National People's Congress preview

World Business Report ·

2024/03/04

The National People's Congress starts on Tuesday, bringing together China’s political elite, as well as leaders in business, tech, media, and the arts. Rahul Tandon will be looking ahead to the congress as China’s leading economics official, premier Li Qiang has said he will not address the press this year. Also Apple has been fined $2billion dollars by the EU for violating their anti- trust laws. We hear if it should it have been more for them to feel the impact? And we head to a place that has

27:18

Why EU fines Apple for €1.8bn?

World Business Report ·

2024/03/04

Apple has been fined €1.8 billion by the EU, for breaking competition laws.The penalty is for preventing Spotify and other music streaming services from informing users of payment options outside the Apple app store.The European Commission's decision was triggered by a complaint by the Swedish music streaming service over this restriction and Apple's 30% fee.Also, in the programme, the presenter Will Bain will find out will businesses continue investing in Haiti after the mass jailbreak.

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