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World Business Report podcast

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World Business Report

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  BBC World Service  

The latest business and finance news from around the world, on the BBC.

The latest business and finance news from around the world, on the BBC.

 

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Progress

Duration

Release Date

#42

Will TikTok go dark in the US after the Supreme Court rejects its appeal?

The US Supreme Court has upheld a law that bans TikTok in the US unless its China-based parent company, ByteDance, sells the platform by this Sunday. Argentina has reported a fiscal surplus for the first time in sixteen years, as a result of comprehensive budget cuts implemented by President Javier Milei. A cold snap in Washington, DC, means Donald Trump's inauguration on Monday will now be held indoors instead of on the steps of the Capitol, where the US Congress is based. ... Read more

Yesterday

26 MINS

26:28

Yesterday

#41

US Supreme Court upholds TikTok ban

Will Bain hears from our North America Business Correspondent Michelle Fleury as the news breaks that the US Supreme Court has ruled against TikTok's appeal over its imminent ban in the United States. The president -elect, Donald Trump, wants the social media site to continue operating. Nigeria's finance minister assures the World Service the country's economy is turning a corner - but does it feel like that for Nigerians trying to make a living? We hear from Dr Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry. Plus Erling Haaland signs a new long-term deal with the club that will keep him at the Etihad until 2034. We ask why Manchester City have signed him up for so long - and why Premier League clubs are all talking about one word: amortisation. ... Read more

Yesterday

26 MINS

26:30

Yesterday

#40

Israel’s military spending increases significantly in 2024

Israel's economy has been hit by the 15-month-long war in Gaza, and its military spending has gone up significantly, according to the economic researchers at Capital Economics. We will be speaking to one of the economic analysts who did the research. The former Bank of Canada governor, Mark Carney, says he is running to replace Justin Trudeau as the leader of Canada's governing Liberal Party. Casting himself as an outsider with strong economic credentials, he distanced himself from the prime minister’s unpopular government. And, we will look at who's planning a trip to North Korea during the northern hemisphere holiday. The country has reopened one of its border cities to foreign tourists for the first time in five years. ... Read more

16 Jan 2025

26 MINS

26:27

16 Jan 2025

#39

The jobs needed to rebuild Gaza's economy

After 15 months of bitter conflict on the Gaza Strip, a ceasefire deal has been agreed . With the cost of rebuilding estimated as much as 80 billion dollars, Sam Fenwick explores the critical aspect of job creation, essential for providing livelihoods to a population that has faced significant economic hardship. Also on the programme, a look at the potential impact of the Trump presidency on business across Africa. ... Read more

16 Jan 2025

26 MINS

26:27

16 Jan 2025

#38

How much will it cost to rebuild Gaza after 15 months of war?

A deal has been reached between Israel and Hamas to end the fighting in Gaza and secure the release of Israeli hostages. So, if the ceasefire holds, how long will it take to rebuild from the rubble? What would be the priorities? How much will it cost? And who will pay? We will look at all these with different guests, including the head of the United Nations Development Programme, Achim Steiner. Also in the program, you will hear that some US banks have had a good quarter—the earnings of Goldman Sachs, Wells Fargo, Citibank, and JP Morgan Chase all came in above expectations, and their shares rose on the news. ... Read more

15 Jan 2025

26 MINS

26:25

15 Jan 2025

#37

Mozambique's new president sworn in amid opposition boycott

Daniel Chapo is officially sworn in as Mozambique's president after months of unrest that left nearly 300 dead. We explore how businesses are coping with the aftermath of the protests. Also, Sam Fenwick delves into the challenges facing Germany’s major exporters amid slowing sales and rising costs. And on a lighter note, the debate over pineapple on pizza heats up as a UK restaurant introduces a hefty price tag to deter Hawaiian pizza lovers! ... Read more

15 Jan 2025

26 MINS

26:28

15 Jan 2025

#36

Miners and body bags hauled from South African mine

The men have been underground since police operations targeting illicit mining started last year across the country. We hear the latest from Stilfontein. The US Supreme Court is expected to rule this week on TikTok's challenge to an outright ban in the US. We find out about the platform Red Note, that might take its place. And a pizzeria in the UK is so reluctant to put pineapple on their pizzas, they are instead charging $120 to anyone that orders one. We speak to the restaurant co-owner. ... Read more

14 Jan 2025

26 MINS

26:26

14 Jan 2025

#35

Pakistan’s textile industry hit by rising energy costs

We're living hand to mouth and having to borrow money from friends to pay the electric bills." These are the words of a woman who runs a textile firm in Pakistan. The Pakistan Textile Council has written to the government, warning that the country faces an energy crisis that could force manufacturing companies to shut down. Sam Fenwick is joined by a California wildfire expert who has been at the forefront of modelling high-risk areas for years. ... Read more

14 Jan 2025

26 MINS

26:27

14 Jan 2025

#34

Lebanon’s President appoints new Prime Minister

The new Prime Minister, Nawaf Salam, defeated the Hezbollah backed candidate, , the former caretaker prime minister. We find out what this could mean a new dawn for its embattled economy. China has reported its biggest-ever trade surplus, just a week before the inauguration of Donald Trump, who's promised to impose tariffs on Chinese goods. Cost-of-living pressures have overtaken climate change and the environment as the number one concern for young Australians. ... Read more

13 Jan 2025

26 MINS

26:26

13 Jan 2025

#33

China posts record annual trade surplus of nearly $1tn amid looming US tariff threats

Beijing has released strong economic data, reporting its largest-ever trade surplus. Also on the programme, a BBC investigation uncovers 75-hour workweeks endured by workers in Shein's fast-fashion factories in China. Could this affect the company's plans to list on the London Stock Exchange? And Sam Fenwick explores the economic impact of the Kumbh Mela in India, which is expected to generate $3.4 billion in revenue for Uttar Pradesh. You can contact us on WhatsApp or send us a voice note: +44 330 678 3033. We would love to hear from you! ... Read more

13 Jan 2025

26 MINS

26:27

13 Jan 2025

#32

Rebuilding after LA’s wildfires – who will pay

Los Angeles has been devastated by wildfires, forcing nearly 200,000 residents to flee, destroying homes, and taking lives. We hear firsthand from those caught in the chaos, including Julia Pollak, who narrowly escaped the flames. With climate change fuelling more extreme weather, insurance is increasingly out of reach for many. Benjamin Allbright of the Independent Insurance Agents & Brokers of Louisiana weighs in on the challenges. Plus, updates on Venezuela’s contested elections, TikTok’s legal battle in the US, and the impact of tariffs on California’s almond industry. ... Read more

10 Jan 2025

26 MINS

26:26

10 Jan 2025

#31

Donald Trump sentenced in New York to 'unconditional discharge'

The US president-elect, Donald Trump has been given an unconditional discharge over his conviction last year for business fraud. The sentence -- handed down in New York -- means he avoids prison or a fine, as expected. The popular social media platform, TikTok, is appearing before the US Supreme Court today in a last-ditch effort to overturn an imminent US ban. And in Venezuela, President Nicolás Maduro is set to be sworn in today for the third term to lead his country, despite a six-month dispute over a July election and international calls for him to stand aside. ... Read more

10 Jan 2025

26 MINS

26:29

10 Jan 2025

#30

Fierce wildfires continue burning out of control in California

Coming up on the programme, Experts estimate a $50 billion cost as wildfires continue to rage across Los Angeles. We also examine the challenges facing Lebanon’s new president as he tackles the country’s economic crisis. Plus, a look at Peru’s new megaport, poised to become Latin America’s gateway to Asia. ... Read more

09 Jan 2025

26 MINS

26:28

09 Jan 2025

#29

Joe Biden declares an emergency in California as wildfires devastate Los Angeles

At least five different wildfires are still raging around Los Angeles, and the flames are visible from space, squeezing the city in a blazing pincer. We will look at the financial costs to fight such fires and insurance costs for people who live in areas like Southern California where fires happen regularly. A new mega-port on Peru’s coastline—part of China's Belt and Road Initiative—will increase the frequency of trips to Asia this month. And Ethiopia is on the brink of launching a new stock exchange after a fifty-year gap. This stock exchange is housed on a freshly minted trading floor within a towering high-rise in Addis Ababa's financial hub. ... Read more

09 Jan 2025

26 MINS

26:25

09 Jan 2025

#28

Deadly Los Angeles wildfires devastate homes and businesses

A fire at Pacific Palisades is the most destructive in LA history, officials say, with more than 1,000 buildings burned. Also, could President-elect Trump be serious about re-taking the Panama Canal? We speak with one of his former trade advisors. And, tensions rise in Venezuela with protests expected ahead of President Maduro's inauguration on Friday. ... Read more

08 Jan 2025

26 MINS

26:27

08 Jan 2025

#27

Trump warns of new tariffs against EU

President-elect Donald Trump is ramping up economic pressure on Denmark in his bid to acquire Greenland. Are Danish exporters concerned about these threats? Could the sale of new air-fryers and dishwashers reignite the Chinese economy? And we hear from the Chris Brownridge, CEO of Rolls-Royce cars. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you! ... Read more

08 Jan 2025

26 MINS

26:26

08 Jan 2025

#26

President Elect Trump launches scathing attack on renewable energy

President elect Donald Trump has announced some of his plans energy policies. He promises to overturn ban on offshore oil development, as well as launching a scathing attack on renewable energy such as wind power Meta has decided to end its fact-checking programme on Facebook, Instagram and Threads. And retailer Shein has been questioned by UK MP’s over the transparency of their supply chains and allegations of human rights abuses ... Read more

08 Jan 2025

26 MINS

26:29

08 Jan 2025

#25

Meta announces cutting fact-checking on Facebook and Instagram

In a video posted on Meta platforms, Chief Executive Mark Zuckerberg has announced ditching third-party fact-checking and replacing it with a 'community notes' system similar to that of Elon Musk's X. The Pentagon has added Tencent, along with several other Chinese companies, to its blacklist of firms with suspected ties to the Chinese military. And Sudan's military-led government has lifted a 10-month-long block on crude oil exports from its landlocked neighbour, South Sudan, after the two countries reached new security arrangements. ... Read more

07 Jan 2025

26 MINS

26:26

07 Jan 2025

#24

Concerns Trump tariff threat could trigger Canada recession

The Canadian Federation of Independent Business tells the BBC that business fears a recession as a result of Donald Trump’s tariff threats. Also, President Jo Biden announces a ban on new offshore oil and gas drilling in most US coastal waters. And how popular is New York's newly introduced congestion charge? ... Read more

07 Jan 2025

26 MINS

26:26

07 Jan 2025

#23

Shipping companies place record orders for new container vessels

Shipowners have recently placed orders for a record number of new container vessels, driven by a substantial increase in profits. Nippon Steel of Japan and U.S. Steel have jointly filed a lawsuit challenging President Joe Biden’s decision to block a $15 billion acquisition deal. And the first congestion charge scheme for vehicles in the US has come into effect in New York City. Sam Fenwick hears about other places that have implemented such plans, including London and Singapore. ... Read more

06 Jan 2025

26 MINS

26:27

06 Jan 2025

#22

Could blocked US steel deal strain global partnership

How will President Bidens decision to block Nippon Steel’s takeover of US Steel impact Americas relationship with Japan India’s scan to pay transactions will hit one billion by 2026-27. What does this shift to a cashless society mean for the country? And how should couples handle money related disagreements? We hear from Reema Khrais, host of 'This is Uncomfortable' podcast ... Read more

04 Jan 2025

26 MINS

26:27

04 Jan 2025

#21

Biden rejects Nippon Steel’s $15bn takeover of US Steel

US where President Biden has blocked the takeover of US Steel -- the nation's third-biggest steelmaker -- by the Japanese company Nippon Steel. We hear from Syria as it destroys what had been its number one cash export - highly addictive amphetamines. Also in the show, could Slovakia really be about to switch off Ukraine's electricity supply? ... Read more

03 Jan 2025

26 MINS

26:28

03 Jan 2025