World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Has Blue Origin blown its reputation?
With an uncrewed Blue Origin rocket exploding during a hot fire test at Cape Canaveral, Florida, we speak to former NASA engineer Sinead O’Sullivan about how much of a setback it is for Jeff Bezos business in the space race while Elon Musk's SpaceX firm's IPO gets ever closer. Leanne…
Gulf conflict overshadows defence gathering in Singapore
The Shangri-la forum is Asia's largest annual defence conference. Politicians, military and industry figures are all in attendance. AI giant Anthropic is valued at more than its rival Open AI. And Jeff Bezos' Blue Origin rocket self-combusts spectacularly on the launch pad in Florida.
Why is Patagonia suing a drag queen?
Outdoor apparel company, Patagonia, has sued a drag queen named Pattie Gonia for allegedly causing "irreparable" damage to its brand. Mangoes have become a hot commodity following a steep increase in shipping prices due to the ongoing war in Iran. This follows reports of 90% losses to India's 'king of…
Russia's economy stumbles as war with Ukraine intensifies
The Russian rouble has surged to its strongest level in more than three years on the back of widening trade imbalances and high interest rates. Cofffee prices have jumped around the world in recent years. What's the cause? And a Google engineer has been charged with breaking insider trading law…
'Draft' US- Iran deal lowers oil price
Oil prices have fallen more than 5% after Rubio says that US will give Iran talks 'every chance to succeed', with Iran reporting details of draft peace proposal. Fifa has been ordered to explain World Cup ticket pricing after allegations of 'artificially inflating prices' and 'misleading fans' over the sale…
A slice of the AI pie
Workers at Samsung Electronics in South Korea have voted for a massive pay deal. It will mean some workers – particularly those in the AI chip department – receiving a bonus of more than $400,000. Also in the programme, why it's going to be a very expensive Eid al-Adha this…
BP sack boss over 'bullying' behaviour
Oil giant BP has removed its chairman Albert Manifold with immediate effect over concerns including "bullying" and "overbearing" behaviour by him Petrol and diesel prices in India continue to rise, reflecting a weak rupee, heavy taxes and lingering geopolitical risks. And EU agricultural ministers met in Brussels today to come…
Former F1 boss on Ferrari's electric gamble
Former F1 team manager Professor Andrew Graves gives us his take on Ferrari's electric gamble as they unveil their latest product, an electric vehicle they are calling the Luce. And we hear from an Indian fruit farmer as their mango crop is crushed by extreme weather.
Pope Leo says AI must be “disarmed”
Pope Leo has warned that artificial intelligence poses potentially existential risks to humanity and should not be used to concentrate power in the hands of just a few people. Oil prices have fallen sharply on hopes of a deal that could bring an end to the US-Israel war with Iran…
Oura ring sets eyes on Wall Street
The Finnish company behind the brand Oura, the maker of the health and wellness tracking ring has now filed to become a public company in the U.S. The company is valued at about $11 billion. And Pope Leo has raised his strong concerns on the development of Artificial Intelligence.