World Business Report-logo

World Business Report

BBC

The latest business and finance news from around the world from the BBC

Location:

United Kingdom

Networks:

BBC

Description:

The latest business and finance news from around the world from the BBC

Twitter:

@BBCBusiness

Language:

English

Contact:

BBC World Service Bush House Strand London WC2B 4PH


Episodes

South Africa has the highest unemployment rate in the world

2/20/2024
South Africa is heading back to the polls on May 29th. The news comes on the same day that the country revealed its unemployment numbers - officially the world's worst. Ed Butler will find out what's behind the latest rise in unemployment. President Joe Biden may be languishing in the opinion polls, but he's winning some impressive results in campaign donations. Could finance be the key to his re-election bid? And hacking the hackers we hear how the police may have brought down one of the world's biggest cybercrime groups.

Duration:00:27:22

Another day, another protests

2/20/2024
Another day, another protests. Polish farmers are staging protests against cheap Ukrainian grain flooding the market and EU regulations on pesticide and fertiliser usage. Ukrainian President Volodymyr Zelensky said the protests demonstrated the "daily erosion of solidarity" with Ukraine. We will hear from Ukrainian grain farmer who's exporting his product to Europe. Also, in the programme, we will find out why over 6 000 doctors resigning in South Korea and how The People’s Bank of China is helping home buyers.

Duration:00:27:10

Houthi attacks three months on

2/19/2024
The crew of a Belize-flagged, British-registered cargo vessel have abandoned ship off Yemen after it was hit by missiles fired by the Houthi movement. Ed Butler will be finding out the latest. Also in the show, we look at the latest surging protests over spiralling inflation in Nigeria. And a billionaire tells us about his passion for collecting sneakers - and why he's selling them off for charity.

Duration:00:27:20

Gaza conflict takes heavy toll on Israel's economy

2/19/2024
The Hamas attacks of 7 October 2023 led to major reductions in household spending and business investment in Israel. We also assess what the Houthi Red Sea attacks mean for global shipping. Also, in the programme, our presenter Devina Gupta finds out why Paytm's digital wallet in India at risk; and how rising inflation in Nigeria is impacting businesses.

Duration:00:27:26

Trump fined $354.9 million

2/16/2024
A New York judge has ordered Donald Trump to pay $354.9 million over fraud allegations and banned him from running companies in the state for three years. Roger Hearing gets the latest on what this means for Trump and his business empire. Alexei Navalny, an outspoken critic of Vladimir Putin, has died in a prison near the Arctic Circle. We look at what this could mean for Russia and for future possible sanctions.

Duration:00:27:14

Russian opposition leader Alexei Navaly reported dead

2/16/2024
We look at Russia's economy after the opposition leader Alexei Navalny is reported to have died at the "Polar Wolf" Arctic penal colony where he was serving a three-decade jail term. Also on the programme, investment firms quit a global investor coalition which was pushing companies to rein in climate-damaging emissions. And Indian election bonds are ruled “unconstitutional” by the country’s Supreme Court.

Duration:00:27:18

Xbox-exclusive games are coming to other consoles

2/15/2024
Microsoft's Gaming CEO Phil Spencer has announced four of its Xbox- exclusive games will be available on other consoles for the first time, the news comes after an increase in multi-platform games by Microsoft. Roger Hearing finds out what this means for the gaming industry going forward. We also hear from local business in the US to hear how they are coping as their retail figures are revealed. And we look at the four sportspeople who have turned their success on the field into financial success reaching the status of billionaire.

Duration:00:07:09

United Kingdom and Japan both fall into recession

2/15/2024
New data has revealed that the economies of both the United Kingdom and Japan have fallen into recession. Japan’s GDP has now fallen behind Germany, making it only the fourth largest economy in the world. Also on the programme, an oil leak off Trinidad and Tobago causes a national environmental emergency but the clean up continues. And ski resorts struggle as record temperatures leads to less snow for tourists who flock to the mountains for skiing.

Duration:00:27:18

Cuba forms diplomatic ties with South Korea

2/14/2024
Cuba has established diplomatic ties with South Korea for the first time since 1959 The announcement was made in New York after the UN representatives from the two exchanged letters formalizing bilateral ties. Devina Gupta will look at the significance of this. We often hear the phrase too big to fail for those companies that can't be allowed to collapse and it is true for Mexico's state oil and gas giant Pemex. With mounting debt and thousands of jobs at risk we find out what is keeping it going. And as many turn to dating apps this valentine's day, we head to India for a tale of caution about the business of romance scams on these apps.

Duration:00:27:26

Indonesia’s General Election

2/14/2024
Independent pollsters predict victory for current Defence Minister General Prabowo Subianto in the Indonesian General Election. Polls closed on Wednesday in the South East Asian country that has 205 million voters. The European Union is preparing sanctions on companies in China and India that it accuses of illegally trading with Russia. And we hear how Paris’ booksellers have fought off plans to remove them from the banks of The Seine during the 2024 Olympic Games.

Duration:00:27:20

The good, the bad and the ugly of inflation in the US

2/13/2024
Consumer prices in the United States have risen at their slowest rate since June last year. That might sound like good news - but prices are still rising faster than economists had predicted. The annual inflation rate now stands at 3.1 percent - a long way from its peak of more than nine percent in 2022. Also, in the programme, we will find out why political views are so important for dating apps developers.

Duration:00:27:34

Why India farmers are protesting again

2/13/2024
Our food supply chains are under pressure as thousands of farmers are marching to the Indian capital, Delhi, to protest over how much they get paid for the food they produce, with elections coming later this year. Sam Fenwick examines what started this movement as farmers in Europe are also raising their voices. Meanwhile those delivering our foods say they're not paid enough either as they are planning not to work on Valentine's Day in the UK and the US. And we find out if there is light at the end of the tunnel for US shoppers as the latest inflation data is out; we hear from a small business owner in New Jersey. (Picture: Protesting farmers clash with police in Haryana, Shambhu Border, India. Credit: EPA-EFE/REX/Shutterstock)

Duration:00:27:18

Food supplies under pressure

2/13/2024
Our food supply chains are under pressure as thousands of farmers are marching in India to protest over how much they get paid for the food they produce. Sam Fenwick will be looking at what started this movement as farmers in Europe have also been raising their voices. Meanwhile those delivering our foods say they're not paid enough either as they are planning not to work on Valentine's Day in the UK and the US. And we find out if there is light at the end of the tunnel for US shoppers as the latest inflation data is out and we hear from a small business owner in New Jersey.

Duration:00:14:17

Pakistan Election: Who will lead the country after a tightly contest poll?

2/12/2024
Elections in Pakistan have left no single party with a clear majority. Independent candidates from former Prime Minister Imran Khan's Party topped the polls with 93 National Assembly seats. His rivals are currently trying to form a coalition. Also, in the programme, we will find out why 300 Nurses in Nigeria protested against the new rules and how expensive was a Super Bowl party in the US this year.

Duration:00:27:26

Pakistan faces new IMF deadline

2/12/2024
Pakistan faces weeks of political uncertainty as it approaches a crucial deadline for a new IMF bailout. Sam Fenwick will be getting the latest on if Pakistan needs more financial support from the the IMF. Also on the programme the boss behind the game-changing obesity and diabetes drugs say he isn't bothered about rivals replicating its breakthroughs. And an oil leak off Trinidad and Tobago causes a national environmental emergency and warnings to tourists not to bathe on the beaches.

Duration:00:27:14

Venezuela builds up troops near Guyana border

2/9/2024
The government of Nicolas Maduro increases military presence in the border with the disputed oil-rich Essequibo region despite the recent commitments it made in talks with Guyana. We take a look at how recent oil discoveries have escalated a historic disagreement. As the Super Bowl approaches, we hear how the negotiations to take one of the largest sport events in the world to Las Vegas for the first time happened. And we look into why the US financial regulator is cracking down on firms that didn't take measures to prevent staff from using text apps like WhatsApp to communicate with colleagues and clients.

Duration:00:27:16

More farmers' protests continue across Europe

2/9/2024
Farmers in Poland and Hungary are the latest to begin protesting over cheap produce flooding in from Ukraine. Elsewhere in Europe the complaints continue over pesticide use and costs; we bring you the latest. Global cocoa prices have hit a fresh record high as dry weather hurts crops in West Africa. We hear from a cocoa grower in the Ivory Coast. Rahul Tandon also hears from Tim Draper - one of the funders of Nikki Haley's Presidential campaign - about why he backs the former US Ambassador to the UN's attempt to take the Republican nomination. (Photo: A wheelbarrow full of hay with the letters UE written on the side panel. Credit: Jakub Kaczmarczyk/EPA-EFE/REX/Shutterstock)

Duration:00:27:24

Pakistan vote hit by mobile shutdown

2/8/2024
Authorities in Pakistan suspended calls and mobile internet data during a controversial election. The United Nations says Mongolia is facing a humanitarian crisis due to extreme weather conditions that have become more common in the country. And the US Federal Communications Commission rules that robocalls made with AI-generated voices are illegal. What could this mean for the 2024 presidential election?

Duration:00:27:24

China: Consumer prices plunge at fastest rate in 15 years

2/8/2024
China's economy is again showing bad data with risks slipping into deeper deflation as consumer prices declined in January. China’s consumer price index falling by 0.8% compared with a year earlier. It's been the fourth consecutive month of declines and makes analysts negatively look into the future. Will falling prices make it harder for China to lower its debt and what should we expect next?

Duration:00:27:19

Senators block $118bn US-Mexico border deal

2/7/2024
Republicans in the US Senate have blocked legislation that would bring in tougher border restrictions and grant a $118bn foreign aid package. Sam Fenwick looks at why the major bipartisan deal which took months to negotiate was voted down. There is tough competition in online retail as Alibaba loses market share to two of its major rivals. We hear who they are and why they are having so much success. And Disney's next move - they're heading into gaming. But will they succeed this time?

Duration:00:27:17