China launches first regular Arctic shipping route

Loading player...
The "Ice Silk Road" will run along the north Russian coast on its journey between Ningbo on China’s east coast and Felixstowe in the UK. Sea Legend, the Chinese container shipping company behind it, say the region is emerging as a viable alternative to the world’s traditional shipping routes.

Also, officials in Germany say falling water levels on the river Rhine could mean that it split into two separate sections for cargo boats. The river is forecast to drop below ten centimetres this week making part of it too low for commercial shipping and cruises.
10 Aug 11AM English United Kingdom Business

Other recent episodes

Total solar eclipse boosts tourism

As parts of Europe head for a "once-in-a-lifetime" total solar eclipse, we hear from one region in Iceland on how they are seeing a boost in tourism in a year when they have seen a decline in tourists from the US. Elsewhere, as the heat and droughts affecting Europe continue…
11 Aug 6PM 28 min

Nvidia raises $500bn for AI Data Centres

Some of the world's biggest banks and investment firms have partnered with the chip giant to invest in artificial intelligence infrastructure. The money from the likes of Goldman Sachs, BlackRock and KKR will go towards Nvidia's own projects and those being built by its partners. Meanwhile, Trump Media, the company…
11 Aug 11AM 8 min

Why are billionaires investing in the Premier League?

A consortium led by businessman Amit Bhatia, including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin are in talks to buy around a 30% stake in Liverpool football club. We find out why so many of the world's richest people keen to invest in the Premier League. Elsewhere rising…
10 Aug 6PM 28 min

The USA's employment slump

The US saw a weaker market after losing 23,000 jobs in July and it's figures are much worse than expected. We'll be hearing why the American economy isn't creating more jobs. Plus, could oil be the saviour of Venezuela's economic needs? As the conflict in the Middle East continues to…
7 Aug 6PM 28 min

US creates fewer new jobs than expected

Overall, the US economy shed 23,000 jobs in July in the latest sign of a cooling labour market. Traders say an interest rate rise is now less likely. Meta, the owner of Instagram and Facebook, has been fined a record penalty of half a billion dollars in a court case…
7 Aug 11AM 8 min