World Business Report



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


  • China to limit children’s online gaming time

    30/08/2021 Duración: 26min

    The Chinese authorities will limit children’s access to online video games to just three hours a week on Fridays, weekends, and holidays. The BBC’s Stephen McDonell in Beijing and Professor Cheng Chen at SUNY-Albany in New York State discuss the reaction from parents as well as the demographic crisis that has China’s leaders worrying more about the country’s youth. Also in the programme, Vietnam’s coffee exports are under threat due to a coronavirus lockdown. Kona Haque, commodities analyst at ED&F Man, explains what this means for the world’s coffee supply and prices. And we take a look back at the life of Jamaican reggae star Lee ‘Scratch’ Perry who has died at the age of 85. Biographer David Katz explains why he has had such an enormous influence on the music industry.

  • What now for Afghanistan's economy?

    30/08/2021 Duración: 22min

    Afghanistan faces a devastating financial crisis, but where did billions of dollars go?

  • Update: Hurricane Ida heads for the US

    27/08/2021 Duración: 09min

    Two days ahead of Ida's expected arrival, President Biden has approved a request from the Governor of Louisiana, John Bel Edwards, to declare a state of emergency; we get analysis from Dakota Smith, a meteorologist and satellite data analyst at the Cooperative Institute for Research in the Atmosphere at Colorado State University. And the head of the US Federal Reserve, Jerome Powell, has addressed the virtual meeting of central bankers at Jackson Hole. We hear reaction from Chris Low at FHN Financial.

  • Chinese actress fined $46million for tax evasion

    27/08/2021 Duración: 26min

    China has fined Zheng Shuang, a high-profile actress, $46m for tax evasion and told producers to stop hiring her. It’s part of a crackdown on what Beijing is calling ‘chaotic’ celebrity culture. Rob Young speaks to Casey Hall, Asia correspondent for the Business of Fashion website in Shanghai. The head of the US Federal Reserve, Jerome Powell, has addressed the virtual meeting of central bankers at Jackson Hole. We’ll hear reaction from Michael Hewson, chief market strategist at CMC Markets, and the BBC’s economics correspondent, Andrew Walker. And with campaigning in Canada’s election next month well underway, the BBC’s Fergus Nicoll looks at the issues and the candidates.

  • Update: New malaria treatment combination could save lives

    26/08/2021 Duración: 15min

    A new study involving very young children in Mali and Burkina Faso suggests that a new vaccine combination developed by the UK-based pharma company GSK could reduce deaths and illness from malaria by 70% and millions of lives could be saved every year. We hear more from Dr Daniel Chandramohan, Professor of Public Health at the London School of Hygiene and Tropical Medicine; he co-authored the report on the trials. And as central bankers from around the world prepare to meet virtually to discuss challenging issues like inflation, we get the markets' reaction from Cary Leahey at Decision Economics.

  • The world's central bankers 'gather' in Jackson Hole

    26/08/2021 Duración: 26min

    Central bankers from around the world are about to meet - virtually - to discuss challenging issues like inflation. They were supposed to be getting together in person at the Jackson Hole resort in Wyoming in the US. But a rise in cases of the Delta variant of coronavirus means the event has been turned into an online affair. We speak to Mohamed el-Erian, former chief executive of bond fund Pimco, about where we are in the global recovery. In Sweden, the BBC's Maddy Savage reports on controversial proposals to abolish rent controls for new apartments built in the country. And the English city of Liverpool lost its UNESCO World Heritage designation after 17 years. The BBC's Victoria Craig explores why

  • Review of the year - 2020

    25/12/2020 Duración: 27min

    Covid-19 is set to prompt radical long term changes to how we live and work, so what lessons can be learnt when we eventually emerge from the pandemic? Could the changes in the way we work herald higher productivity and happier people in the future? We hear the stories of the people who managed to thrive during a very difficult year, including the milkman who saw a boom in deliveries and the dancer who found work in South Korea when the London stage went dark. Martin Webber is joined by Professor Devi Sridhar who holds the Chair of Global Public Health at the University of Edinburgh; economist Roger Bootle, of Capital Economics; Robert Reich, former Labour Secretary under President Clinton; Tomas Philipson, who was Chair of the Council of Economic Advisors under Mr Trump; and actor Thomas Inge who is currentl starring in the musical Cats in South Korea.

  • Hong Kong pro-democracy tycoon Jimmy Lai detained

    03/12/2020 Duración: 26min

    Hong Kong media tycoon and pro-democracy supporter Jimmy Lai has been charged with fraud. We hear from Mr Lai in his last interview before being detained, and get a sense of the mood for businesses in the city from Mike Bird of the Wall Street Journal. Also in the programme, Ivana Davidovic reports on China's war against food waste. China's leader Xi Jinping has launched a campaign targeting food waste in the country. Jian Yi, who has been at the forefront of promoting a sustainable food system in China, and founded the Good Food Fund tells us President Xi's announcement came as a surprise. With some local authorities in China aiming to limit the amount of food diners order, Priscilla Young, co-founder of Brut Eatery, which has five outlets in Shanghai, is not sure of the benefits of a heavy-handed approach to curbing dining excess. James Palmer explains how Chinese complex relationship with food stems from centuries of famines. And we hear from Szechuan food and culture expert Fuchsia Dunlop how Chinese Ne

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