World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Landmark global shipping deal paused
A landmark deal to cut global shipping emissions has been put on hold for a year after Saudi Arabia and the U.S. succeeded in ending the talks. Bisi Adebayo speaks to the International Chamber of Shipping and the General Secretary of the International Maritime Organization. Why is the US Chamber…
Pushback on proposed IMO shipping emission cuts
New climate agreement to make shipping more environmentally friendly was postponed by a year after failing to reach consensus amid U.S. pressure. Representatives from most of the 176 member states of the International Maritime Organization (IMO), which governs global seafaring, are at its headquarters in London. Also we head to…
The end for Nestlé as we know it?
Nestlé is the world's largest packaged food and drink company, but after a turbulent period it has announced plans to cut 16,000 jobs over the next two years. But after selling its water division for €5bn earlier this year, will it lead to the Swiss conglomerate slimming down further? Andrew…
Has India agreed to stop buying Russian oil?
US President Donald Trump has said Indian Prime Minister Narendra Modi has agreed to stop buying Russian oil, but the Indian government isn't completely in agreement with the American President's comments - stating that talks were 'ongoing'. Also the world's biggest packaged food and drinks company Nestlé has announced big…
Are Chinese businesses feeling the squeeze?
New official data shows that prices in China are falling again. The producer price index, which measures the amounts charged by factories, has been negative for three straight years and last month it declined by 2.3 per cent year-on-year. Meanwhile, with consumer prices also down during a holiday month, is…
India resumes shipping small parcels to the US
It's been welcomed by small businesses but comes with new tariff costs. More than a billion small parcels were sent between India and America last year. What will a $20 billion currency swap deal mean for Argentina? And Greece proposes a workday which could run for up to 13 hours.
Is there still hope for the US economy?
The IMF's latest report acknowledges that US growth has actually been stronger this year than it was expecting. But with a government shutdown entering a third week, we see some worrying signs for the world's largest economy. Also why France is giving up on its plans to increase the retirement…
France to suspend pension reform
French Prime Minister Sébastien Lecornu has presented the government’s long-awaited budget. But will it pass? And can the government finally resolve the recurring political battle over raising the retirement age? The International Monetary Fund has released its global economic outlook, projecting growth of 3.2% for the year ahead. However, concerns…
Why Microsoft is switching from one of the world's most used operating systems?
Why is Microsoft switching off from one of the world's most used operating systems. And how bad that could be for millions of computer users around the world. How big a deal could this be? Also why Madagascar, one of the world's poorest nations, is now in turmoil with its…
China posts strong export data amid rising US trade risks
Hannah Mulane breaks down China’s latest economic data. Could it strengthen their hand ahead of trade talks with the US? We also look at whether France’s new government can push its budget through parliament. And how the Australian Royal Mint are looking to cash in on animated cartoon Bluey now…
Trump threatens a "massive" increase in tariffs on Chinese goods
President Trump is threatening to cancel his meeting with Xi Jinping and, in a post on Truth Social, warned of “strange things happening in China.” He says Beijing is planning sweeping export controls on rare earths — and the U.S. is now calculating a massive tariff hike. U.S. businesses trading…
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ground to Argentina in…
JP Morgan Chase boss talks about AI impact on business
The Chief Executive of JP Morgan Chase Jamie Dimon shares his views on AI, and whether he thinks the hype around it will continue. The German Chancellor, Friedrich Merz vows to do everything possible to counter EU rules banning the sale of new CO2 emitting cars after 2035. And we…
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its…
Is AI the next tech bubble?
Warnings the value of AI companies are stretched... we'll bring you reaction from industry experts. Trade relations between India and the UK are at an all-time high according to politicians and business leaders... We ask what business opportunities that might offer. And why we might need new names for vegetarian…
Bank of England warns AI-bubble could burst
The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy Committee drew comparisons with the pile-on for ‘dotcom’ stocks 25 years ago. The price of gold…
Trump and Carney talk trade at the White House
Canada’s Prime Minister Mark Carney is in Washington, trying to revive trade talks with Donald Trump. The European Union is turning up the pressure too, doubling its steel tariffs. Will that get Washington's attention? And Hollywood’s pushing back against a new video tool which they say breaches copyright.
Renewable energy overtakes coal
After more than a century of dominance, coal has been overtaken by renewable energy as the world’s biggest source of electricity – a historic moment, according to new data from the global energy think tank Ember. In the UK, police say they have dismantled an international gang suspected of smuggling…
Another collapse – can France cope?
France faces fresh political turmoil as PM Sébastien Lecornu resigns. Sam Fenwick hears from businesses and investors on shifting confidence in the country’s economic direction. We examine the worsening conditions for women in Afghanistan, where the UN reports that the Taliban have severely restricted women's rights to work, study, and…
What will France's government collapse mean for businesses?
France's government has fallen apart again over how to handle it's public spending budget. We hear how the collapse will affect French businesses. In Japan, stocks have hit a record high after Sanae Takaichi won the party leadership making her the likely next Prime Minister. UK car marker Jaguar Land…