World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Who really wins the World Cup?
Adidas sponsor finalists Spain and Argentina while Nike sponsor defeated semi-finalists England and France. How big a deal is this in the battle for sports branding dominance? We also hear what football fever in North America did for a local business that sells football shirts. And, Andy Burnham will become…
Asian shares sink despite AI boom
A sharp sell-off in AI stocks sweeps across Asia. India joins a select group of countries running hydrogen-powered trains. And Netflix shares fall after its latest outlook disappoints investors. Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Josh Martin
Canadian forest fires choke much of North America
Smoke from wild-fires covers much of North America. Toronto, Chicago and Boston are all under the smoke haze. Indian Government bans its seafarers from going through the Strait of Hormuz. And in Italy, thirty-two people were found guilty in connection with a bridge collapse in Genoa in 2018.
Profits surge at Apple and Nvidia supplier TSMC
The company TSMC is riding the artificial intelligence investment wave all the way to the bank, as profits surge at the Taiwanese advanced chip manufacturer. Our correspondent in New York City will dig into the latest jobs and spending data - has the city's big summer of events made consumers…
New York bans new data centres
New York becomes the first US state to impose a moratorium on building large-scale data centres. The measure, announced by New York's Governor Kathy Horchul, applies to all centres using 50MW or more of power and will remain in force for a year. We hear what the moratorium might mean…
Chinese EVs save economy from a serious slowdown
Chinese GDP growth slowed to 4.3% but success in electric vehicles and EV batteries boosted export earnings. We also head to Gibraltar where citizens and businesses of "The Rock" and Spain cheer the end of passport checks on the frontier border following the post-Brexit agreement between Spain and the UK…
US banks make huge profits
Big banks, big profits...We're looking at the handsome results posted by five big US banks today. We'll also look at threats to wheat exports in both Russia and the United States And why is American beef so pricey at the moment? (Picture: Close-up of benjamin franklin on scattered one hundred…
Could AI boom bring about a three-day working week?
US banks see supersized profits as dealmaking streak continues, but will US households feel any richer after inflation data showed gasoline prices at the forecourt eased for drivers. Video conferencing app Zoom has predicted a three-day working week as AI boosts worker productivity...but do bosses agree? And what will the…
Twelve US states take on Paramount
Twelve US states sue Paramount Skydance over its planned takeover of Warner Brothers. We hear from California's attorney general Rob Bonta who's leading the charge against that proposed 81 billion dollar Hollywood merger. Plus, South Africa's biggest diamond mine pauses production for two years. Find out why? And what would…
Cashing in on Taylor Swift's wedding trash
One man's trash is another man's treasure, but would you pay $25 for a cube of rubbish collected outside Madison Square Garden where Taylor Swift and Travis Kelce were married? The Strait of Hormuz is effectively closed, with BBC Verify finding that only a handful on vessels crossed the body…
Still in the game?
Tough times for the gaming industry after news of more lay-offs, this time at Microsoft's Xbox gaming division, Will Bain asks developers and designers if it's all doom and gloom, and what challenges like ahead. And authorities are carrying out investigations after a Ryanair passenger was partially sucked out of…
Passenger survives aeroplane drama
A Ryanair passenger was partially sucked out of a Boeing 737 on a flight from Greece to Germany, after a cabin window shattered. Authorities are investigating the cause. The European low cost carrier Easyjet is set to become part of a bidding war between two US based private equity firms…
Volkswagen makes sweeping production cuts
Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country. A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European…
Volkswagen makes sweeping production cuts
Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country. A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European…
Chinese factories raise their prices
Energy price rises since US/Israel war with Iran has affected Chinese manufacturers. But retailers in China struggle to raise prices as consumers watch their budgets. Volkswagen's Board is considers move to cut 100,000 jobs in Germany. And we learn about the political philosophy of Manchesterism and how it may soon…
George Johnson: 'He was extraordinary'
Pioneering entrepreneur George Johnson has died aged 99. We speak to Valerie Jarrett, American businesswoman, former Senior Advisor to the President of the United States, and chief executive officer of the Obama Foundation. She knew George Johnson throughout his life, and was a close friend. Russia has banned exports of…
Ukraine's drone strikes hit Russia's oil industry
Russian motorists queue for miles in the hope of buying petrol, but President Putin describes the problem as manageable. Meanwhile fighting has erupted in the Persian Gulf with both US and Iran firing at targets on land and at sea. Almost no ships are currently passing through the Strait of…
SpaceX's lift-off moment stalls
Twenty five days ago SpaceX debuted on the stock market in the largest initial public offering in history, selling US$75bn worth of shares. Now its joined the Nasdaq 100 index of firms including Microsoft, Apple and Nvidia, so why have its shares fallen? We hear from tech investor Eileen Burbridge…
Ethanol fuels row in India
Motorists are angry that petrol in India must contain 20% ethanol alchol. Samsung's profits jump on sales of memory chips for AI, but the share price falls. And can China become the global leader in self driving cars?
The future of gaming after XBOX cuts
With Microsoft announcing nearly five thousand job cuts, and XBOX bearing the brunt of the losses, we look at what's changing in the world of gaming and hear from former XBOX executive Peter Moore on how it might affect some of the globe's most popular computer games. Meanwhile, as NATO…