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World Business Report


World Business Report provides analysis of the big global business and economic issues, as they affect consumers, investors and the environment.

World Business Report provides analysis of the big global business and economic issues, as they affect consumers, investors and the environment.


United Kingdom




World Business Report provides analysis of the big global business and economic issues, as they affect consumers, investors and the environment.






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Trump to talk trade on first presidential India visit

Will President Trump's first trip to India since becoming President prevent a trade war between the world’s largest democracy and the world’s biggest economy? American wants India to open up its markets to many of its products, including dairy. The EU summit in Brussels is in danger of failing to agree a long-term budget. The "frugal four" - Sweden, Austria, Denmark and the Netherlands - insist spending is capped, while the "friends of cohesion" - a group of central and eastern European...


Update: Coronavirus hits Fashion Week

Chinese buyers and designers were missing from this year's London Fashion Week, as coronavirus (COVID-19) halts travel plans. Mining giant AngloAmerican has a financially successful 2019 - we speak to its CEO Mark Cutifani about the challenges of being the world's largest producer of platinum. Plus, we hear the latest on the stock markets with Cary Leahy of Decision Economics in the US.


Kangaroo Island's first steps to recovery

The recent wildfires in Australia killed 30 people and destroyed an area the size of Cuba. The BBC's Vivienne Nunis has been to Kangaroo Island, just off the coast of South Australia, to look at the economic impact of the disaster. She talks to local business people about what happened to them and the steps they're taking to rebuild. After two weeks of closure to limit the spread of the coronavirus, Macau's casinos have reopened. The Chinese territory relies on gambling for 80% of its...


Update: Michael Bloomberg's campaign spending raises eyebrows

US presidential candidate Michael Bloomberg's campaign spending raises eyebrows, but the markets are waiting for the reaction to his first debate as a Democratic representative, explains Susan Schmidt of Aviva in the US.


The search for a COVID-19 coronavirus vaccine

With over 75,000 people infected with coronavirus COVID-19 worldwide and more than 2000 deaths, how close are we to developing a vaccine? And why aren't some of the world's biggest pharmaceutical companies rushing to help find one? We hear from Thomas Breuer, chief scientific officer for pharma giant GlaxoSmithKline. And the BBC's Stephen Ryan has been to a microbiology lab which is working to create a viable vaccine. The Chinese Government has revoked the press credentials of three Wall...


Update: US markets hold up amidst coronavirus

The US stock markets are doing well despite coronavirus-led disruptions to some industry supply chains, as Brian Dorst of Themis Trading in New Jersey explains.


EU adds four jurisdictions to tax haven blacklist

Panama, the Seychelles, the Cayman Islands and Palau have just been labelled as tax havens by the European Union. We look at what these places are accused of doing and ask if the fight against financial secrecy is being won, or lost. How much data does Amazon have on you? If you use their website and have one of their smart speakers at home then the answer is: a lot. The BBC's Technology desk editor Leo Kelion has found exactly out how much they've got on him. And in New York our business...


Update: Japan economy shrinks at fastest rate in five years

Fears of a recession grow after GDP fell by 1.6% in the final quarter of 2019, with the impact of the coronavirus still to come. We speak to Devin Stewart, senior fellow at the US-based Eurasia Group Foundation.


Is there a future in traditional banking?

Banking union members are worried about Tuesday's earnings announcement from HSBC, where 10,000 more posts are threatened on top of existing redundancies. Under strong pressure from their investors, banks in Europe are struggling to catch up with more profitable competitors in Asia. So we ask, what is the future for traditional banking? Two weeks of debate in France's national assembly begin today, to try and push through the much-protested pension reform. But with 41,000 amendments to get...


Tesla's German car plant is stopped

A court grants a temporary injunction against the carmaker's 'Gigafactory' near Berlin. What does this mean for Tesla's growth in Europe? We speak to Tim Higgins, auto and tech reporter at the Wall Street Journal who is writing a book about the company. Brexit is threatening hundreds of jobs in the UK's financial services sector. But two Japanese banks have bucked the trend and gone on a recruitment drive in London. Ben Harris works for recruitment firm Morgan McKinley and tells us what's...


Tackling Air Pollution

Air pollution can be a silent killer, and we look in-depth at how it can be tackled. Dr Gary Fuller is an air pollution scientist at King's College, London, and explains how it can best be monitored. Heather Acton is a councillor responsible for air quality in Westminster, London, and discusses what's being done there to minimise pollution. Delhi in India is regularly among the most polluted cities in the world, and we find out more from Jyoti Pande Lavakare, co-founder of campaign group...


Update: Huawei: US issues new charges of racketeering and theft

The US has expanded its lawsuit against Huawei, accusing the Chinese telecoms giant of a "decades-long" plan to steal technology from US firms. Prosecutors said Huawei had violated the terms of partnerships with US companies and stolen trade secrets such as source code and robot technology. It adds to a list of other charges brought by the US last year. Those accused Huawei of violating US sanctions and stealing technology from T-Mobile. Huawei has denied the claims. Plus, the latest from...


The quest to tax the tech titans

There's an intense economic debate over whether and how to make tech giants pay more tax. Liz Nelson from the campaigning organisation the Tax Justice Network argues that the global tax system is out of date. Andrew Hewson, who owns two bookshops in south west London tells us why he thinks shops like his have an unfair tax burden compared to online retailers. And we hear the case for the likes of Amazon, Facebook and Google from Christian Borggreen of the Computer and Communications Industry...


Update: Are BP's climate ambitions plausible?

New BP boss Bernard Looney has said he wants the company to sharply cut net carbon emissions by 2050 or sooner. But with not much detail on offer, we look into if this can be achieved and does it even matter? We also get the latest updates from the US markets. Plus, the Chinese e-commerce giant Alibaba is due to present its quarterly results on Thursday. In the normal run of things, we might expect this to be another blizzard of eye-watering numbers - showing the company founded 21 years ago...


Argentina renegotiates its IMF debt

We look at the history of Argentina's relationship with the International Monetary Fund. Around a third of the country's population are struggling to feed their families, and as Argentina tries to renegotiate its debts, Lena Komileva, chief economist at G-Plus Economics explains the relationship between the country and the lender. The BBC's Daniel Gallas tells us what's at stake in today's IMF talks. And Dr Juan Grigera of King's College London discusses why Argentina remains the world's...


Coronavirus impacts conferences

We find out how the coronavirus outbreak is impacting the lucrative conference sector. BBC Asia business reporter Monica Miller tells us a number of exhibitors have pulled out of the Singapore Air Show. Daniel Grogan is co-founder of Global Event Partners, which runs oil and gas conferences around the world, and explains how his firm is turning away delegates from areas of the world where there has been a high incidence of the virus. And Dr Kate Benyon is chief medical officer of the digital...


Update: American shopping mall merger and Ireland's election

The biggest US shopping mall operator Simon Property will buy rival Taubman for $3.6bn.


Democratic race heads to New Hampshire

We look at competing visions for the Democratic Party ahead of New Hampshire's primary. Democrats in the state head to the polls to select their presidential candidate on Tuesday, and Michael Linden of the non-partisan think tank the Roosevelt Institute tells us all the candidates want the rich to pay more in tax. We hear about the competing visions on offer for healthcare from Jared Bernstein, who was an economic advisor to Vice President Joe Biden, and has been an unofficial advisor on his...


Coronavirus continues to spread

As the Coronavirus outbreak intensifies, with its increasing human cost, worries are also rising about how the virus will impact peoples’ livelihoods. Brian Alster of business analytics firm Dun & Bradstreet explains the impact on global supply chains, while Gloria Guevara, chief executive of the World Travel and Tourism Council, talks about how the virus is affecting tourism. Also in the show, with votes still being counted in the Irish election, Mark Kennedy of accountancy firm Mazars in...


Update: Impact of coronavirus on the markets

Chris Low from FTN Financial tells us what impact the coronavirus has been having on financial markets and we hear from Tony Lin at Quartz who's been following discussions about the outbreak on popular Chinese social media sites like Weibo and Wechat.