It's official: 2026 is an El Niño year

Loading player...
El Niño has officially begun, according to scientists at the US National Oceanic and Atmospheric Administration. Will Bain examines what the climate phenomenon could mean for food prices, energy markets, economic growth and weather patterns around the world.

We'll also look ahead to Friday's huge Initial Public Offering in shares in SpaceX.

And the World Cup is under way. We hear from businesses and residents about the opportunities, disruptions and expectations as the tournament gets started.

(Picture:Indonesian farmers brace for possible dry spell linked to El Nino. Indonesia, June 4, 2026. REUTERS/Willy Kurniawan)
11 Jun 6PM English United Kingdom Business

Other recent episodes

UK PM announces resignation

Sir Keir Starmer says he will step down as Labour leader and UK prime minister. What does the political uncertainty mean for the British economy? Cape Verde has become one of the stories of the FIFA World Cup - what impact is the tournament having on its economy? And Alan…
22 Jun 6PM 28 min

UK PM Resigns: What Business Wants Now

Keir Starmer announces he is stepping down as Britain's Prime Minister, triggering a Labour leadership contest at a crucial moment for the UK economy. We hear from Rain Newton-Smith, CEO of CBI on what businesses will be looking for next. Plus, how SK Hynix overtook Samsung to become South Korea's…
22 Jun 11AM 11 min

World Cup hydration breaks give advertisers advantage

The World Cup hydration breaks are giving players the chance to cool off, but we look at why this is an advantage for advertisers. Venice is now charging day-trippers up to $11 to enter the city in the latest efforts to tackle over tourism, we take a look at what…
19 Jun 6PM 30 min

Edit India's biggest ever share offer

IPO aims to raise $4 billion for Jio Platforms hopes, the telecom unit of billionaire Mukesh Ambani's Reliance. Is the UK economy 6% smaller as a result of voting for Brexit in 2016? And Iran says ships won't be charged for passing through the Strait of Hormuz during the 60…
19 Jun 11AM 10 min

US lifts Iran naval blockade following US-Iran deal

The US has lifted its Iran naval blockade following the US-Iran deal. Both countries have signed a deal but what does it actually mean for the two nations? We head to Cuba where the government’s unveiled sweeping reforms, trying to steady an economy that’s really under pressure. And the Governor…
18 Jun 6PM 29 min