World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Trump strikes deal with Putin on diesel
President Trump claims Russia has agreed to supply the United States and other countries with millions of tonnes of diesel. And as Russia continues to attack Ukraine's civilian infrastructure, President Zelensky has condemned the deal which will also ease sanctions so that Russia can supply the diesel. We get the…
Microsoft hit by US green card restrictions
We examine new US restrictions on green card sponsorship by Microsoft and other tech firms. Also, Adidas sues Australian fashion brand White Fox over its four-stripe designs And thieves steal $5.5 million worth of wine from a winery in Tuscany.
French FM tries to allay fiscal fears
France is under growing pressure over its finances. The government is spending much more than it brings in through taxes, while borrowing becomes more expensive. We speak to a French businessman to get his thoughts. We hear from the World Trade Organisation's chief economist, Robert Staiger about the significance of…
Is AI powering a global trade boom?
The World Trade Organization has more than doubled its forecast for global goods trade growth this year, with AI-related products driving much of the strong performance. Also, Samsung and TSMC report bumper results as demand for AI chips continues to grow. Plus, France's finance minister addresses concerns over rising borrowing…
US mortgage rates highest since 2023
Buying a home in America has just become even more expensive as mortgage rates have gone up for a seventh straight week to their highest level in nearly three years. We'll find out what's pushing the rate up further. We hear from the first black woman in the world to…
Indian businesses brace for higher interest rates
Interest rates rise in the world's most-populous country for the first time in four years: will it curb inflation? Also, are hybrid vehicle prices about to jump in the EU? World Business Express - Finance, economy and business news from BBC journalists around the world. The stories that matter: World…
Paramount takes over Warner Bros in mega deal
Paramount Skydance has officially taken over Warner Bros Discovery in a $110bn merger that is set to change the entertainment industry. We hear what this mean for cineme goers across the globe. As Lionel Messi prepares to play his final match for Argentina, we look at the extraordinary fortune the…
Education protests continue in France
Mass protests and school blockades have swept across France as teenagers, teachers, and unions demand more investment in dilapidated classrooms and smaller class sizes. India says its trade talks with the United States have now reached a “plateau”, after Commerce Minister Piyush Goyal wrapped up negotiations in the US without…
Markets rally after surprise Brazilian election result
Brazil's presidential election fails to return a frontrunner. This sets up a second-round runoff later this month between right-wing Senator Flávio Bolsonaro finishes and incumbent President Luiz Inácio Lula da Silva. There’s increasing concern about the pressures on airlines as fuel forces up costs. One airline, AirBaltic has announced more…
Spain's housing crisis leads to snap General Election
Socialist Prime Minister Pedro Sanchez seeks new mandate after Parliament rejected housing reforms. The election will be held on November 29. More oil is leaving the Persian Gulf and Gulf of Oman than in the days before the US/Israel war on Iran began. Will oil prices start to fall? And…
Why has Nike lost its shine?
In a bid to head off a US diesel export ban, G7 countries agree to release 100mn barrels of diesel and crude. We ask if the plan will be enough to keep global supplies flowing. And a home for one euro in some of the most beautiful regions of Europe…
G7 agrees to release diesel from strategic reserves
Thieves target holders of cryptocurrencies in their own homes. As crypto coins have risen in value, reports of these violent robberies linked to digital assets have emerged in the UK, France and the US. And British pop star Olivia Dean has been accused of copying the melody of Bill Withers'…
G7 agrees to release diesel from strategic reserves
Thieves target holders of cryptocurrencies in their own homes. As crypto coins have risen in value, reports of these violent robberies linked to digital assets have emerged in the UK, France and the US. And British pop star Olivia Dean has been accused of copying the melody of Bill Withers'…
Cristiano Ronaldo's Portugal walkout could cost millions
One of the biggest names in world sport, Cristiano Ronaldo, has left the Portuguese national teams training camp, amidst speculation he could retire from international football. Ronaldo is the most famous Portuguese footballer of all time, the most well paid athlete in the world according to Forbes and his net…
US government borrowing costs hit the highest level since 2002
Government borrowing costs are rising sharply around the world, led by a sell-off in US government bonds. The yield on the benchmark 10-year US Treasury has climbed above 5.3%, its highest in more than two decades. Also, a US judge has cleared the way for Paramount’s $110 billion takeover of…
Ukraine has begun introducing emergency power cuts in Kyiv
Ukraine has begun introducing emergency power cuts in Kyiv as Russia steps up its attacks on energy infrastructure. Kyiv has been preparing for a renewed onslaught before winter begins, by building fifteen small scale power plants in heavily fortified concrete bunkers. We find out how businesses are operating. Also, will…
Kenya breaks ground on a major new oil refinery
The construction of a $16bn dollar oil refinery in Lamu, coastal Kenya is expected to create about 60,000 jobs and be completed within three years. It hopes to provide 1,000 megawatts of power generation, twice the capacity of his Lagos refinery, serving the needs of the Lamu refinery and beyond…
Trump: AI companies to self-regulate
On Tuesday Trump, Musk and tech CEOs signed a document they have referred to as the "Accord on Super Intelligence." We go to the U.S. to hear the latest. Manchester City has been found guilty of all charges by the Premier League. A former chairman of the club tells us…
US ban on Canadian exports comes into effect
A US ban on several Canadian imports, including alcohol, dairy and motorcycles, has come into effect as a trade war between the two neighbours drags on. We hear from two business owners about the impact on their US sales. Also, inflation in Spain has risen more sharply than expected, hitting…
Musk's SpaceX Starship orbits earth
Starship carried out two laps of the Earth – rather than the planned six – before SpaceX decided to end the mission early and bring it back to Earth. There was concern launch would not go ahead as planned when engineers found an issue with one of its six engines…