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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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26:29

UK General Election called for July 4th

World Business Report ·

2024/05/22

UK's Prime Minister Rishi Sunak has defended his political and economic record in the wake of some relatively positive inflation numbers. So, is this the right moment for a General Election? Find out how Brazil's farmers are adapting to climate change. While Ugandan farmers are adapting to elephants trespassing from South Sudan.

26:31

UK inflation edges down, but are people feeling it?

World Business Report ·

2024/05/22

UK inflation hit its lowest in 3 years, but was still hotter than analysts expected. In this special episode, we record live from a Manchester food hall to talk to businesses and their customers about the price changes they're seeing.they're seeing. We also speak to experts about what this means for central bank rate cuts, and how the UK is faring compared to major global economies.

26:27

EU agreement to use Russian assets to help Ukraine

World Business Report ·

2024/05/21

As EU countries adopt a plan to use profits from frozen Russian assets for Ukraine defences and rebuilding, Ed Butler, looks at how the scheme might work and whether the idea risks undermining the rule of law. Hollywood actress Scarlett Johansson is taking legal advice after a new version of the AI bot, Chat GPT, was released with a voice she claims is eerily similar to her own - how can AI seek to develop while staying on the right right side of copyright laws? And, Red Lobster, was once one of the

26:28

EU approves landmark AI rule

World Business Report ·

2024/05/21

European Union’s landmark rules on artificial intelligence will enter into force next month The AI Act imposes strict transparency obligations on high-risk AI systems while such requirements for general-purpose AI models will be lighter.

26:28

What next for Iran after President Raisi's death?

World Business Report ·

2024/05/20

growing speculation over who will eventually replace President Raisi begins as Iran enters 5 days of mourning.Plus, could Saudi Arabia’s largest aviation deal signal a snub to Boeing?Also, the ship that destroyed the bridge in Baltimore back in March is finally on the move.And we have a special look at the economies of Latin America with our reporter Gideon Long.

26:17

Challenges for Taiwan's new president

World Business Report ·

2024/05/20

Taiwan's newly inaugurated president William Lai has called on China to stop threatening the island and accept the existence of its democracy.But Taiwan’s relationship with China is not the only thing that William Lai has to tackle. there are a number of economic challenges ahead of him like rising property prices and encouraging young Taiwanese people to stay and work in the country instead of heading to other prosperous Asian cities.

26:28

Boeing: Shareholders approve $33 million package for...

World Business Report ·

2024/05/17

Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun was also re-elected to stay on the troubled company’s board.Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC’s Correspondent, Will Grant, looks at how the situation has impacted on one of

26:26

Country Garden: can the company survive?

World Business Report ·

2024/05/17

China's real estate industry is facing major financial problems, leaving many empty or half-finished unused buildings. One of China’s largest real-estate companies, Country Garden of the verge of liquidation. Also, Roger Hearing finds out what's happening with businesses in New Caledonia. And we hear how the economic growth in India affecting people's life.

26:27

Baltimore Bridge Collapse Update

World Business Report ·

2024/05/16

Two months after a container ship crash saw the collapse of a road bridge in Baltimore, killing six workers, Rahul Tandon speaks to the Executive Director of the Baltimore International Seafarers’ Centre about why staff on the ship are still stuck aboard.As the Dow Jones hits a record high we look at how a strong stock market is helping some to retire earlier than expected and on the day that Singapore Airlines announces staff bonuses worth nearly eight months' salary we look at how they came to

26:25

How close is the friendship between Russia and China?

World Business Report ·

2024/05/16

Chines leader Xi Jinping has been rolling out the red carpet for the Russian President Vladimir Putin during his two days visit. A Large portion of the meeting focused around the two countries' trade relationship. What do these two huge economies want from each other?Also, in the programme, Sam Fenwick looks at Kenya where the government announced a new tax policy that will increase the price of staples like bread, mobile phone data and money transfers.

26:26

President Putin in China to boost strategic ties

World Business Report ·

2024/05/15

What’s the importance of the Russian President Vladmir Putin’s visit to China? Rahul Tandon explores the possible economic benefits to both countries.We hear how Russia is still managing to export oil via other countries around the world, and in effect making the sanctions ineffective. The Ambassador-at-Large with Singapore's Ministry of Foreign Affairs, Chan Hen Chee, talks to us about the country’s future direction after its long serving Prime Minister steps down.

26:29

Latvia banking chief: frozen Russian assets could...

World Business Report ·

2024/05/15

In a BBC exclusive, Latvia's central bank governor, Mārtiņš Kazāks, highlights how the interest from frozen Russian assets could help finance Ukraine’s army. EU ambassadors have already agreed this in principle. Also, Will Bain finds out why foreign investors in Georgia might reconsider their future after a controversial funding law was passed in the country. And we hear from an autoworker in Alabama as workers vote on unionisation.

26:28

US announces tariffs on a range of Chinese imports

World Business Report ·

2024/05/14

Presenter Sam Fenwick assesses the impact of US tariffs on Chinese goods. Joe Biden is putting them on imports, including electric cars and semiconductors. We hear from the business community in Georgia worried a new law will put off foreign trade. It requires organisations which receive more than 20 per cent of funding from abroad to declare themselves as illegal. We examine sports betting in the US. States have been after states were allowed to legalise the industry. Betting on sports is part of

26:29

Biden calls for rising tariffs on Chinese imports

World Business Report ·

2024/05/14

The White House has confirmed the United States is putting tariffs on 18 billion dollars worth of imports from China. They'll target sectors like electric vehicles, batteries, steel and critical minerals. The US government accusing China of "unfair trade practices".Also, in the programme, we find out why one of the largest mining companies decided to focus the business on copper instead of diamonds. And we will look at Rhodes where the economy is still recovering after wildfires.

26:19

Brazilian floods show little sign of slowing

World Business Report ·

2024/05/13

Flooding in Brazil continues, bringing despair to residents and businesses alike. Can emergency government funds offer hope of rebuilding? Meanwhile, Sam Fenwick looks at what's expected in the Australian budget, and what Melinda Gates' departure from her namesake foundation means to the world of philanthropy

26:28

Georgia protests: Will the new law harm the economy?

World Business Report ·

2024/05/13

Hundreds of Georgians joined protest against a foreign influence bill, described by critics as the "Russia law". People are concerned that the new law could be used by the government to clamp down on opponents, and could harm Georgia's hopes of joining the European Union.Also, Will Bain finds out why Russia's new Defence Minister is an economist and he hears about the project helping people escape extreme poverty by equipping them to start small businesses in Uganda.

26:25

Is the UK economy out of the woods?

World Business Report ·

2024/05/10

The UK has emerged from recession – but can it hold its ground? And how does it compare to the rest of the world?Elsewhere, Emily Thomas digs into the agricultural impact of the floods in Brazil, and looks back at Chinese president Xi Jinping's visit to Europe.

26:14

Apple faces backlash over advert

World Business Report ·

2024/05/10

The tech giant Apple has faced an online backlash in response to an advert featuring books and musical instrument being crushed, to demonstrate how their creativity has been compressed into the latest iPad.Also, with music catalogue company Hipgnosis facing a takeover, is it worth a price tag of $1.6 billion? And we hear from one of the Eurovision song contest’s most successful songwriters.

26:30

Air India Express cancels 85 flights

World Business Report ·

2024/05/09

Almost three-thousand cabin crew members in India have taken part in a mass sick leave in protest for better working conditions. Air India have cancelled 85 flights while travel disruption continues for hundreds of passengers. Also, on the show – find out why Korean women are reluctant to have children. Plus, you can hear how Euro Vision song writers are earning a living for the annual singing competition.

26:32

Whistleblower: parts sent to Boeing had 'serious...

World Business Report ·

2024/05/08

A former employee of Boeing's biggest supplier has claimed that sections of 737 Max aircraft regularly left its factory with serious defects.Spirit Aerosystems builds fuselages for the 737 Max, which are then shipped to Boeing’s own plant for final assembly.Speaking publicly for the first time, former quality inspector Santiago Peredes told the BBC that some managers actively tried to discourage him from flagging up flaws in half-finished planes.Also, Rahul Tandon, finds out why there are a lot of

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