World Business Report



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


  • Update: Germany decides its next leader

    24/09/2021 Duración: 10min

    Victoria Craig is in Stuttgart in the final days of the German general election campaign.

  • Germany heads to the polls

    24/09/2021 Duración: 26min

    Ahead of this weekend's elections in Germany, we take the temperature of its economy. The BBC's Victoria Craig has been travelling around Germany, speaking with businesses to find out what they want from the new government. Plus, China has declared all cryptocurrency transactions illegal. We find out what's behind the move from Glen Goodman, author of The Crypto Trader.

  • Update: Evergrande interest payment deadline looms

    23/09/2021 Duración: 11min

    The embattled real estate firm is to pay the interest due on its bonds today...if it can.

  • EU to standardise mobile phone chargers

    23/09/2021 Duración: 26min

    Mobile phone manufacturers will all have to use the same charging plug under EU proposals. We find out what's behind the move from Louise Guillot, sustainability reporter at Politico. Also in the programme, global stock markets have been spooked in recent days by whether the Chinese conglomerate Evergrande would be able to meet interest payments due today. Iris Pang is chief economist for Greater China at the bank ING in Hong Kong, and brings us up to date. Plus, the UN Food Systems Summit today, attended by more than 85 heads of state and government, aims to find ways to make food production more efficient. Today's edition is presented by Mike Johnson and produced by Nisha Patel and Susan Karanja.

  • Lebanon’s inflation rate the highest in the world

    22/09/2021 Duración: 09min

    Lebanon’s inflation rate has become the highest in the world, according to the latest figures from the Lebanon Central Administration of Statistics. Tala Ramadan, a journalist in Beirut, explains how ordinary people in Lebanon are trying to get by, as fuel, food and internet connection become ever more scarce.

  • Update: DraftKings makes bid for UK gambling firm Entain

    21/09/2021 Duración: 08min

    The US sports betting company has made an offer reportedly worth $20 billion. We examine the significance of the offer with Alice Hancock, leisure industries reporter with the Financial Times. And Joe Saluzzi of Themis Trading in New Jersey brings us up to date with today's movements on Wall Street.

  • Canada: Narrow win for Justin Trudeau

    21/09/2021 Duración: 26min

    Canada's leader Justin Trudeau has secured another term, but without an overall majority. Mr Trudeau had hoped Canadians would reward his handling of the pandemic and relatively smooth vaccine roll out by returning his Liberal Party with a strong majority, but journalist Jatinder Sidhu in Vancouver explains why that didn't happen, and discusses the economic implications of the result. Also in the programme, there's been widespread fallout across Europe from rapidly rising energy prices. The BBC's Ed Butler considers the consequences for business, and explores the role of Russia in the whole affair. Plus, shares in Universal Music Group soared by as much as a third as they were spun off from French media giant Vivendi with a listing on the Amsterdam stock exchange. We find out why from Dr Matt Grimes, who is an expert on the music business at Birmingham City University. Presenter: Mike Johnson Producers: Matthew Davies and Russell Padmore.

  • Update: US stocks fall on Chinese finance fears

    20/09/2021 Duración: 04min

    The Dow Jones index fell 1.7% on Monday over fears that the Chinese property developer Evergrande is struggling to repay its debts, which could impact big banks. Our correspondent Michelle Fleury explains the story.

  • Russian election: Kremlin rejects vote-rigging accusations

    20/09/2021 Duración: 26min

    President Putin's United Russia won two thirds of seats in the lower house of parliament. The party's vote share was down four points on five years ago, and we hear about the new Russian parliament's main economic challenges from Chris Weafer, chief executive of the Moscow-based consultancy Macro Advisory. Also in the programme, ahead of elections this weekend, the BBC's Theo Leggett reports from Munich in Germany on what businesses hope for from the next Chancellor. A month after seizing power in Afghanistan, the Taliban have effectively banned women from working. We get reaction to the latest developments from Pashtana Durrani, who is a women's rights activist in the country. Plus, our regular workplace commentator Stephanie Hare explores the art of storytelling in the workplace. Today's edition is presented by Rahul Tandon, and produced by Clare Williamson and Russell Padmore.

  • Energy crisis continues across the world

    20/09/2021 Duración: 22min

    The wholesale price of gas has soared in the UK, Europe and Asia because of a squeeze on supplies. Ellen Fraser, energy expert at Barringa Partners, explains how a perfect storm of problems has created the energy crisis, while independent economist Michael Hughes weighs in on how the resultant inflation effects might weight on central bankers' minds. Also in the programme, Canadians go to the polls on 20 September after a short 35-day election campaign sprint. Mark Agnew of the Canadian Chamber of Commerce explains what businesses are hoping for once the results are in. A new report shows how China continues to dominate the e-commerce market. And entertainment reporter KJ Matthews gives some tips on what to watch out for at the 73rd Primetime Emmy Awards.

  • Update: England overhauls its Covid travel rules

    18/09/2021 Duración: 09min

    Double vaccinated travellers will not have to undergo Covid pre-departure tests.

  • Google and Apple accused of bowing to censorship

    17/09/2021 Duración: 24min

    As the Russian election gets underway Google and Apple have removed a tactical voting app. Opposition activists have accused the tech giants of bowing to pressure from the Kremlin, and we get reaction to the move from Leonid Volkov, who ran jailed Russian opposition leader Alexei Navalny's campaign in 2018. Also in the programme, the BBC's Rebecca Kesby finds out how scientists are using genetic material from wild plants to make agricultural crops more resilient to climate change. Plus, we look back on the life of the British inventor, Sir Clive Sinclair, famous for developing the pioneering ZX Spectrum personal computer. Henrique Olifiers runs computer game development firm Bossa Studio, and gives us his perspective. Today's edition is presented by Mike Johnson, and produced by Lucy Burton, Deborah Weitzmann and Russell Newlove.

  • Update: UN secretary general climate change warning

    16/09/2021 Duración: 12min

    The UN secretary general has warned that greenhouse gas in the atmosphere is rising relentlessly after a short dip during the pandemic. Antonio Guterres said he was alarmed how far the world was off course in tackling climate change. We speak to Barbara Davidson at Carbon Tracker about a published report that showed many companies fail to include their climate impact in their financial statements. Plus showbiz reporter Beverly Lyons tells us why Elton John has postponed his UK and European tour until 2023.

  • Indonesia president guilty of environmental negligence

    16/09/2021 Duración: 26min

    An Indonesian court ruled President Widodo has been negligent over pollution in Jakarta. The ruling also criticised other top officials, and ordered monitoring stations and other measures to improve the capital's air, as BBC Asia editor Rebecca Henschke explains. Also in the programme, people in Uganda can now trade shares using their mobile phones for the first time. Nebert Rugadya is a business journalist in Kampala, and tells us about the likely impact of the new service from MTN, which runs Africa's biggest mobile phone network. Plus, the BBC's Fergus Nicoll explores the prospects for deep sea mining to access metals required in the production of batteries. Gerard Barron is chief executive of The Metals Company which aims to exploit polymetallic nodules, found on the seabed off southern Mexico, and recently listed on the NASDAQ. Michael Lodge is secretary general of the International Seabed Authority, and explains the rules around commercial exploitation of such resources. And we hear about the environmen

  • Update: Wholesale gas and electricity prices rise sharply

    15/09/2021 Duración: 08min

    As soaring gas and electricity prices pile new pressure on governments across Europe, we get analysis from David Hunter, Director of Market Studies at Schneider Electric. Plus Susan Schmidt from Aviva Investors brings us the latest markets news.

  • Energy prices set to rise

    15/09/2021 Duración: 26min

    Wholesale prices for gas and electricity have been rising sharply across Europe. That's likely to lead to significant cost increases for businesses and households, and we find out what's causing the issue from David Sheppard, energy editor for the Financial Times. Also in the programme, campaigners argue that exposure to a seemingly endless stream of beautiful people with perfect bodies on social media sites like TikTok and Instagram can damage the wellbeing of teenagers. We hear what can be done to tackle the issue from Whitney Crenna Jennings of the Education Policy Institute, which has studied the impact of social media on mental health. The BBC's Deborah Weitzmann reports on the growing trend of property buyers bidding on homes without seeing them in person first, enabled by improvements in virtual home buying technology. Plus, Apple's co-founder Steve Wozniak is launching a new company called Privateer to help clear up space junk. We find out more from Jacob Geer, head of space surveillance and tracking

  • Update: US inflation figures released

    14/09/2021 Duración: 10min

    Inflation in the US is running at 5.3%, slightly down on July's year-on-year figure. Robert Reich is a Professor of Public Policy at the University of California Berkeley and a Secretary of Labour under President Clinton, and he talks us through the latest data. The plane maker Boeing says it expects that it will take another two and a half years for global aviation to return to pre-pandemic levels; we hear from its Chief Strategy Officer, Marc Allen. Plus Joe Saluzzi from Themis Trading brings us the latest from the financial markets.

  • US inflation shows signs of cooling

    14/09/2021 Duración: 26min

    Inflation in the US is running at 5.3%, slightly down on July's year-on-year figure. Andrew Hunter is senior US economist at Capital Economics, and talks us through the latest data. Also in the programme, there are suggestions that pasta prices could rise by 50% owing to a shortage of wheat. Tosin Jack is commodity intelligence manager at price analysis company Mintec Global, and explains the background. Apple has been forced to issue an emergency update for its operating systems to block so-called 'zero-click' spyware, which can access device contents without users clicking on a rogue link or file. Plus, the BBC's Vivienne Nunis reports on the changing face of tourism in Kenya.

  • World Business Report Wall Street Update:

    13/09/2021 Duración: 26min

    It has been reported that Beijing wants to break up Alibaba's payments subsidiary Alipay. Isabel Hilton, founder of China Dialogue, explains why the government is concerned about the growth of financial services companies and how they may be stoking up so called shadow banking. The oil industry in Louisiana is still recovering from the damage caused by Hurricane Ida and many fuel refineries are still out of action. Meanwhile China is considering releasing some of its national strategic oil reserves to help refiners and chemical companies cope with the surging price of crude. The BBC's Russell Padmore analyses these developments in conversation with energy analyst Ellen R Wald, the president of Transversal Consulting. Theatres in New York's famous Broadway are reopening this week. We hear how the entertainment industry supports the regional economy.

  • Alibaba shares slide on Alipay breakup report

    13/09/2021 Duración: 26min

    It has been reported that Beijing wants to break up Alibaba's payments subsidiary Alipay. Duncan Clark is chairman of consultancy BDA China, and author of Alibaba: The house that Jack Ma built, and explains the background. Also in the programme, we explore whether corporate social responsibility is actually changing carbon emitting businesses, or just making it look that way. Tariq Fancy used to be investment management firm BlackRock's chief investment officer for sustainable investment, and argues that CSR is not a good enough tool to facilitate a net zero economy. Our regular workplace commentator Pilita Clark asks whether companies hiring workers should take into account candidates' star ratings issued by Uber drivers as part of the recruitment process. Plus, following her stunning victory at the tennis US Open over the weekend, we find out how much money the British star Emma Raducanu might expect to make from her burgeoning career.

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