World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Gucci splashes out on a new $1.3bn office in Milan
Gucci splashes out on a new $1.3bn office in Europe’s biggest property deal since 2022
US Treasury Secretary Janet Yellen to meet Chinese government officials
US Treasury Secretary Janet Yellen stresses the importance of maintaining trade relationships and dialogue between the nations, as she spoke to reporters in the southern Chinese city of Guangzhou. China accuses the West of feeling threatened by their cheaper exports to developing economies, but Yellen stands by her assessment that…
Taiwan quake to hit some chip output
We look at what the effects of chip suspension mean for Asia's semiconductor supply chain. Plus, Roger Hearing speaks to the executive vice president of Taiwan Residential Earthquake Insurance Fund to highlight the estimated cost of damage so far. Also, Zimbabwean president declares state of disaster due to droughtAnd finally,…
How has the Taiwan earthquake hit their semiconductors sector?
The devastating earthquake with a 7.2 magnitude has killed at least nine people and damaged buildings, sparking evacuations at microchip plants. The country is a huge player in the world of microchips - with many large factories supplying the likes of tech giant Apple and AI supremo Nvidia. Those factories…
Rebuilding Gaza estimated to cost $18.5 billion.
A World Bank and UN joint report estimates costs to rebuild Gaza’s critical infrastructure to be $18.5 billion dollars – we discuss how it could be funded. Plus have drivers fallen out of love with electric cars? Tesla and BYD report sale losses. We also look at why hybrid work…
China property developer Country Garden suspended stock on Hong Kong exchange
There was good news yesterday about Chinese manufacturing going up, but less good news toay for Beijing about its beleaguered property sector: the property development giant, Country Garden, has suspended trading of its shares in Hong Kong after delaying publication of its annual results. The firm said last week it…
How is the Baltimore bridge collapse impacting business?
A transportation business in Baltimore tells us about how they may have to take a hit to sustain their business as the Baltimore bridge is repaired. Also, the truth behind ‘Truth Social’ – we find out how shares in the business have plunged by 23% after reporting less than a…