World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
How investors react to Mexico’s first female president
Mexico's first female president, Claudia Sheinbaum, breaks a political glass ceiling and she wins the election. However, following the victory, investors have been reacting rather negatively. They’ve been selling off pesos—Mexico’s currency—over fears of radical constitutional changes. The peso slipped about 3% against the dollar, its lowest level since November…
Nigeria's union's fight for a better minimum wage
On World Business Report Will Bain hears from one of the main unions leading today's action on why they have called for an indefinite strike.Plus, in an exclusive interview with the BBC, the head of the World Bank tells us that developing nations cannot bank on the deep pockets of…
Republican donors pledge millions after Trump guilty verdict
Major Republican donors have backed Donald Trump despite his conviction in a hush money case. Presenter Devina Gupta examines why there is still huge financial backing for the former President.Voters go to the polls in Mexico. The country’s new President is the be the first ever woman to lead the…
South Africa: ANC set to lose parliamentary majority
The South African election is moving ever closer to a result, and it looks like the ANC will have to start talking to potential coalition partners. What could that mean for the economy there? Plus, we're getting reports of another major cyber-attack, this time affecting a major bank. And how…
Donald Trump found guilty on all counts in criminal trial
Donald Trump becomes the first former or sitting US president to be convicted of a crime. Presenter Devina Gupta examines what this will mean for his bid to become President again.Plus, extreme heat is causing chaos in South Asia. What does this mean for businesses and workers in Pakistan and…
Australia looking into alleged Ticketmaster hack
There's confusion today surrounding a claim by a notorious hacking group that they have accessed personal details of more than half-a-billion people who use the US website Ticketmaster – but is it true?Two months after the collapse of the Francis Scott Key Bridge cut off the port of Baltimore, transportation…
India endures severe heatwave
Provisional reports say that Temperatures have reached fifty-two degrees centigrade in the Indian capital, Delhi, as an intense heatwave sweeps across the north and west of the country. Rahul Tandon looks at how it’s affecting the lives of people there - and the economy.The price of heavily subsidised bread in…
The mercury hits over 52 degrees in India’s capital
Record breaking heat in northern India as temperatures hit 52 degrees.It's election day in South Africa and it's a crucial vote because the ANC could lose its majority for the first time since 1994 so could this call have a lot to do with the country's economy?Find out why Union…
Argentina's Milei courts big tech in Silicon Valley
We speak to the founder of Argentina's top start-up about the country's tech scene as its president, Javier Milei, meets with the CEOs of Google, OpenAI, Meta and Apple. Elsewhere, Rahul Tandon looks into what the latest disruption in the Red Sea means, and he looks ahead to the South…
Child labour in cosmetic industry’s supply chain.
In Sri Lanka, tea pickers have received a pay rise mandated by the Government, and, a BBC investigation reveals child labour in beauty industry supply chain.Also, Sam Fenwick discovers whether new EU border controls will improve security, or lead to travel chaos?Plus, a discussion on the challenges of running a…
South Africa's economy braces for elections
South Africa's economy is under the spotlight, ahead of the elections there this week. The vote could see the ruling party ANC win less than 50% for the first time in its history. Elsewhere, Rahul Tandon looks at the AI battle heating up, with Elon Musk's new company raising $6…
Dealing with Africa's debt
Africa's wrestling with a $1.2tn debt, while global interest rates are at a 40-year high. This week’s African Development Bank summit is focusing on this debt crisis. What solutions are on the horizon, and how are businesses coping? Elsewhere, Sam Fenwick is looking at the global cost of shipping containers…
Weight-loss drug producer invests $5.3 billion in Indiana
Eli Lilly announced investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana. It will help company to expand the supply of its highly popular weight loss drug Zepbound, diabetes treatment Mounjaro and other medicines in its pipeline. How will it affect the local economy? Devina Gupta finds out…
Inside the Ukraine economy
We take a look at the Ukrainian economy as G7 leaders meet to discuss how to finance the recovery of the war-torn nation. Elsewhere, Rahul Tandon explores the key issues at stake ahead of South Africa's election next week, and looks at the new deal that could lead to U.S…
US regulators sue Live Nation
US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry. The lawsuit from the Department of Justice said the firm's practices had kept out competitors, and led to higher ticket prices and worse service for customers.Also, Devina…
The German economy looks like it's in trouble
Germany's post-Covid recovery has not gone as planned, according to a damning new report by the country's commerce chamber.Elsewhere, Roger Hearing looks at news reports that the US is planning to sue Ticketmaster-owner Live Nation over anti-competitive practices. And we look inside the first state visit by an African leader…
UK General Election called for July 4th
UK's Prime Minister Rishi Sunak has defended his political and economic record in the wake of some relatively positive inflation numbers. So, is this the right moment for a General Election? Find out how Brazil's farmers are adapting to climate change. While Ugandan farmers are adapting to elephants trespassing from…
UK inflation edges down, but are people feeling it?
UK inflation hit its lowest in 3 years, but was still hotter than analysts expected. In this special episode, we record live from a Manchester food hall to talk to businesses and their customers about the price changes they're seeing. they're seeing. We also speak to experts about what this…
EU agreement to use Russian assets to help Ukraine
As EU countries adopt a plan to use profits from frozen Russian assets for Ukraine defences and rebuilding, Ed Butler, looks at how the scheme might work and whether the idea risks undermining the rule of law. Hollywood actress Scarlett Johansson is taking legal advice after a new version of…
EU approves landmark AI rule
European Union’s landmark rules on artificial intelligence will enter into force next month The AI Act imposes strict transparency obligations on high-risk AI systems while such requirements for general-purpose AI models will be lighter.