World Business Report



The latest business and finance news from around the world from the BBC


  • Fears one of China's biggest property groups could collapse

    13/09/2021 Duración: 23min

    Fears are mounting that one of China's biggest property development groups, Evergrande, is close to collapse. Sara Hsu, an economist and visiting scholar at China's Fudan University gives us her analysis of what has gone wrong and why she believes the Chinese government won't let the debt laden company fail. It's London International Shipping week and we talk to Sarah Kenny, the chair of Maritime UK, about the surging costs of transporting freight by sea and making shipping more climate friendly. Also in the programme, the lights are on again on Broadway. Theatre critic Matt Windman with AM New York tells us how the lockdown hit a key part of the entertainment industry while Kate Shindle, the President of the Actors' Equity Association in New York shares with us the excitement of the stars and crews as theatres prepare to open their doors. (Image:China Evergrande Centre building sign is seen in Hong Kong, Credit: Reuters)

  • Update: Apple dealt major blow in Epic Games trial

    10/09/2021 Duración: 08min

    Apple has been dealt a major blow in its ongoing trial against Fortnite-maker Epic Games. A court in Oakland, California, has ruled that Apple cannot stop app developers directing users to third-party payment options. Apple had argued that all apps should use Apple's own in-app payment options. Russell Brandom from the Verge explains the significance of the ruling. Also in the programme, Chris Low from FHN Financial in New York breaks down the week's market news, and reflects on the 20 year anniversary of the 9/11 attack.

  • Biden orders new US vaccine rules

    10/09/2021 Duración: 26min

    Workers at large US companies are to be vaccinated, or face regular mandatory testing. That's one of a slew of measures announced by President Biden, which aim to bring the Delta variant of coronavirus back under control in America. We get business reaction to the move from Stephen Lamar, chief executive of the American Apparel and Footwear Association. Also in the programme, there's a shortage of lorry drivers in the UK. It is having an impact on everything from chicken in restaurants to beer in pubs. We hear from drivers, driving instructors, retailers and the wholesale industry what's causing the shortfall, and what can be done to solve it. Plus, as a face-to-face New York Fashion Week draws to a close for the first time since the start of the pandemic, we find out how the fashion houses are planning for a post-pandemic future from Priya Elan, deputy fashion editor of The Guardian newspaper. Fashion historian Dr Kate Strasdin also joins the programme to explain how historically people have used clothing to

  • Update: BRICS leaders meet online

    09/09/2021 Duración: 15min

    As the BRICS leaders meet, is the loose alliance of Brazil, Russia, India, China and South Africa working? We hear from Professor Miles Kahler, a Senior Fellow at the Council on Foreign Relations in Washington DC. Facebook has been accused of breaking UK equality law in the way it handles job adverts. The campaign group Global Witness said the social network failed to prevent discriminatory targeting of ads, and its algorithm was biased in choosing who would see them, as Naomi Hirst from the organisation explains. And the American car giant, Ford will stop production in India; we get analysis from Nikhil Chawla, a business journalist and proud Ford owner based in Delhi.

  • Facebook accused of allowing sexist job ads

    09/09/2021 Duración: 26min

    Facebook has been accused of breaking UK equality law in the way it handles job adverts. The campaign group Global Witness said the social network failed to prevent discriminatory targeting of ads, and its algorithm was biased in choosing who would see them, as Naomi Hirst from the organisation explains. And we get wider context from Eddie Hammerman, managing director of marketing agency The 10 Group. Also in the programme, we find out why the issue of climate change has become such a dominant theme in the upcoming German federal elections. Plus, the BBC's Ben King reports on the origins and growing popularity of the latest must have playground craze, Pop-its, which are bright rubber toys covered in little bubbles that you push in and out.

  • Hopes for Kenya's Lamu port

    08/09/2021 Duración: 26min

    We hear how the redevelopment of Kenya's Lamu port could impact the country's economy. The BBC's Vivienne Nunis takes a tour of the facility with Dolly Okonga of the Kenya Ports Authority. And we get wider economic context from Edward Kusewa, who is an economist based in Nairobi, and Elizabeth Kivuva, business journalist with Kenyan news site The Nation. Plus, we talk to Famao Shukry about a special kind of sea turtle that can be found in the area.

  • Update: El Salvador makes Bitcoin legal tender

    07/09/2021 Duración: 26min

    Journalist John Dennehy is in the capital San Salvador, plus Joe Saluzzi talks markets.

  • El Salvador makes Bitcoin legal tender

    07/09/2021 Duración: 26min

    El Salvador is the first nation to recognise the cryptocurrency Bitcoin as legal tender. Kate Baucherel is a cryptocurrency expert and considers the implications. Also in the programme, there's a new round of protests in India, with farmers concerned about agricultural reforms that change how they sell their produce. We find out more from Devinder Sharma, who is an author and expert on agriculture in India.

  • Update: Mobility at the Munich Motor Show

    06/09/2021 Duración: 08min

    Jamie Robertson talks to the BBC's Theo Legget at the IAA motor show in Munich

  • Munich International Motor Show to open

    06/09/2021 Duración: 27min

    Following a torrid year for the car industry, Germany's main auto show opens this week. The BBC's Theo Leggett is at the event in Munich, and has been talking to some of the key players in the German car industry, including senior figures at both Daimler and BMW. Plus, we hear about a scheme that aims to help get more black people into senior business roles, from Esther Odejimi-Uzokwe, programme director of 10,000 Black Interns.

  • The motor show returns to Munich

    06/09/2021 Duración: 22min

    The International Mobility Show gets under way in Munich this week - the first big motor show since the start of the pandemic and electric vehicles will take centre stage.

  • Update: US job growth starts to slow

    03/09/2021 Duración: 09min

    The US economy added 235,000 jobs in August, compared with 1.05 million in July. We hear how this is affecting businesses on a local level from Stephen Griffin, CEO of the Finger Lakes Economic Development Centre in upstate New York. And we get market reaction to the job figures from Chris Low of FHN Financial.

  • Japanese PM announces resignation

    03/09/2021 Duración: 26min

    The governing Liberal Democratic Party in Japan is heading for another internal election - following the sudden resignation of its party leader and incumbent Prime Minister, Yoshihide Suga. Mr Suga's handling of the Covid pandemic has caused his approval rating to plummet. Harding of the Financial Times in Tokyo discusses what’s next for Japan. The BBC’s Elizabeth Hotson investigates the world of online reviews, and how to tell a genuine rating from a fake. The Dutch Grand Prix returns this weekend after 36 years. The BBC’s Matthew Kenyon goes to Zandvoort to see why the F1 race is restarting after all these years.

  • Update: Western Union to resume money transfer services to Afghanistan

    02/09/2021 Duración: 06min

    The money transfer firm Western Union is resuming services in Afghanistan - a rare piece of good news as the country's economy faces collapse. We speak to former Afghan finance minister Omar Zakhilwal on the current situation there. And independent markets analyst Peter Jankovskis brings us up to date with today's movements on Wall Street.

  • Covid hits Australia's Economy

    02/09/2021 Duración: 26min

    Business owners fear they will have to close as lock downs cause the economy to stall. We hear from Australian entrepreneurs whose businesses are under pressure with the loss of customers.We also hear how China is encouraging trade unions to put pressure on companies like Didi and delivery or courier firms to make sure their workers are not having to do excessive hours. We also focus on Afghanistan's economy and hear from the chief executive of a saffron farming company.

  • Update: The latest from the financial markets

    01/09/2021 Duración: 08min

    Scientists at the UN's World Meteorological Organization say the number of weather-related disasters around the globe has increased five-fold over the past 50 years. We hear from the WMO's secretary-general, Professor Petteri Taalas. Plus Susan Schmidt from Aviva Investors brings us the latest news from the financial markets.

  • Weather-related disasters more frequent and costlier than 50 years ago

    01/09/2021 Duración: 26min

    World Meteorological Organization says early warning systems are now saving more lives

  • Update: South Korean law targets app stores

    31/08/2021 Duración: 07min

    Dan Cooper of tech site Engadget explains the significance of a new South Korean law requiring app stores such as those of Google and Apple to allow alternative payment methods. We get a look on the day's trading in New York from Joe Saluzzi of Themis Trading.

  • Economic challenges facing Afghanistan after US withdrawal

    31/08/2021 Duración: 26min

    To get an overview of the economic challenge now facing the one of the world's poorest countries and how the Taliban are going to tackle it, we speak to Vanda Felbab Brown, an expert on Afghanistan from the Brookings Institute. The BBC's Rahul Tandon explores an increase in underaged girls in India being married off, which is linked to the pandemic and school closures. And Kanye West's new album finally came out on Sunday after a number of delays - but the artist isn't happy about it. The BBC's Steve Holden tells us why.

  • Update: US military completes its withdrawal from Afghanistan

    30/08/2021 Duración: 18min

    The US military completed its withdrawal from Afghanistan after two decades of war, leaving the Taliban in charge. We hear from BBC Chief International correspondent Lyse Dosett, who watched the last US military planes leave Kabul's airport. We also hear from Jonathan Schroden, Director of the CNA's Countering Threats and Challenges Program, about what this means for the US and its legacy. And we talk to BBC correspondent Nada Tawfik in the US state of Louisiana, where a million people are currently without power after Hurricane Ida hit. The independent market analyst Peter Jankovskis gives us his reaction to Amazon, Netflix and Zoom, who have all had a good day in the markets.

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