World Business Report

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Sinopsis

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

Episodios

  • Update: Raul Castro steps down

    Update: Raul Castro steps down

    16/04/2021 Duración: 10min

    Raúl Castro says he is resigning as Cuban Communist Party leader, ending his family's six decades in power. Mr Castro, 89, told a party congress that he is handing over the leadership to a younger generation "full of passion and anti-imperialist spirit". We get analysis from the BBC's Will Grant. And Chris Low from FTN Financial brings us the latest from the financial markets.

  • Berliners protest after German court scraps rent cap

    Berliners protest after German court scraps rent cap

    16/04/2021 Duración: 26min

    Thousands of people have been demonstrating in Berlin against the lifting of the city's rent cap. Germany's highest court ruled that the Berlin state government had no right to impose the cap. The State Secretary for Housing, Wenke Christoph tells us what she thinks of the court ruling. Also, China experienced a record economic rebound between January and March, compared with the same period a year earlier. The BBC’s Shanghai correspondent Robin Brant tells us how China’s coronavirus response played a role in this growth story. Plus, the BBC’s Elizabeth Hotson has been finding out how the public is responding to the cautious reopening of non-essential outlets in England this week.

  • UPDATE: US announces sanctions on Russia

    UPDATE: US announces sanctions on Russia

    15/04/2021 Duración: 07min

    The US has announced sanctions against Russia in response to what it says are cyber-attacks and other hostile acts. Russia and Ukraine analyst Orysia Lutsevych explains how significant these new moves are.

  • Greensill inquiry reveals government rules need urgent reform

    Greensill inquiry reveals government rules need urgent reform

    15/04/2021 Duración: 26min

    A key U.K. government adviser has called for urgent reform of the rules on ministers and top officials taking jobs with private firms. Opposition politicians have accused the government of sleaze following revelations that a former Prime Minister and civil servants have been involved in paid lobbying. We get an update from Whitehall Editor for the Financial Times, Sebastian Payne. Also, the European Court of Justice has upheld a ban on electric pulse fishing, a practice which environmental campaigners strongly oppose. Frédéric Le Manach, Scientific Director of the environmental group BLOOM explains why activists are celebrating this court ruling. Plus, we hear from the Director for Africa at the International Monetary Fund, Abebe Aemro Selassie. He tells us how the short term future may look for Africa amid the publication of the IMF’s spring economic outlook for the region.

  • UPDATE: Coinbase prepares for $100 billion listing

    UPDATE: Coinbase prepares for $100 billion listing

    14/04/2021 Duración: 17min

    America's biggest crypto-currency trading platform, Coinbase, begins trading on the Nasdaq exchange in New York today Paul Vigna of the Wall Street Journal explains just what the company does to make it quite so highly valued. The BBC’s Rob Young spoke to the President of Coinbase, Emilie Choi, ahead of trading - she told us that the firm was taking a long term view. Plus, Bernie Madoff, the financier convicted of orchestrating the largest Ponzi scheme in history, has died in a US federal prison We hear from the son of one Madoff's victims, who took their own life after losing everything.

  • Coinbase prepares for $100 billion listing

    Coinbase prepares for $100 billion listing

    14/04/2021 Duración: 27min

    America's biggest crypto-currency trading platform, Coinbase, begins trading on the Nasdaq exchange in New York today. John Ethan Detrixhe, Future of Finance reporter for Quartz.com joins us to share his insights on what to expect. The BBC’s Rob Young spoke to the President of Coinbase, Emilie Choi, ahead of trading - she told us that the firm was taking a long term view. Plus, Bernie Madoff, the financier convicted of orchestrating the largest Ponzi scheme in history, has died in a US federal prison; we get analysis from Russ Mould of investments company, AJ Bell. Also in the programme, the US House of Representatives will discuss legislation which could see reparations paid to the descendants of slaves. Spokesperson for the National African American Reparations Commission, Dr. Ron Daniels tells us if this is good news for campaigners. Plus, as crowd-funding has become a global phenomenon we hear from the CEO of its biggest platform, Tim Cadogan.

  • Update: Johnson  Johnson delays vaccine rollout in Europe

    Update: Johnson & Johnson delays vaccine rollout in Europe

    13/04/2021 Duración: 14min

    Johnson & Johnson has decided to delay the rollout of its vaccine in Europe after authorities in the US raised fears over a possible link to blood clots. We speak to Krishna Udayakumar, a professor of medicine and director of the Duke Global Health Innovation Center in North Carolina. And we hear how US markets reacted to the news from Joe Saluzzi of Themis Trading in New Jersey. Plus, as drone racing is becoming increasingly popular, we speak to Nicholas Horbaczewski, founder of the professional Drone Racing League.

  • Fukushima wastewater to be released into ocean

    Fukushima wastewater to be released into ocean

    13/04/2021 Duración: 26min

    Japan says it will run out of storage and the water will be treated and diluted to ensure radiation levels are below those set for drinking water. However, the local fishing industry has strongly opposed the move, as have China and South Korea. Oceanographer, Dr Simon Boxall discusses the potential environmental impact of these plans. Also, Twitter has announced plans to open its Africa headquarters in Ghana. Software developer Regina Honu tells us what makes the country an attractive destination. Plus, the BBC’s Justin Rowlatt meets environmental activist Greta Thunberg to talk about what difference the pandemic has made to the fight against climate change - and the business of Drone Racing, we speak to drone pilot Brett Collis.

  • Update: England lockdown restrictions ease

    Update: England lockdown restrictions ease

    12/04/2021 Duración: 09min

    Pubs, restaurants, beauty salons and non-essential shops have reopened with the easing of lockdown restrictions across England. We hear from the heart of London’s shopping district and from a pub garden near Reading. And Peter Jankowskis brings us up to date with the day's movements on Wall Street.

  • England lockdown restrictions ease

    England lockdown restrictions ease

    12/04/2021 Duración: 26min

    Pubs, restaurants, beauty salons and non-essential shops reopened today with the easing of lockdown restrictions across England. We hear from the heart of London’s shopping district and the BBC’s Elizabeth Hotson who has been speaking to customers at a London pub. Also, the new President of Tanzania, signed a billion dollar crude oil pipeline deal in Uganda yesterday. A spokesperson for the Extractive Industries Transparency Initiative, Gilbert Makore tells us why this is a significant deal for the two nations. Plus, the BBC’s Ivana Davidovic gives us the lowdown on Telegram, the most downloaded non-gaming app earlier this year.

  • US car production hit by semi-conductor shortage

    US car production hit by semi-conductor shortage

    12/04/2021 Duración: 22min

    Ford and General Motors will both curtail production from this week, as they struggle to cope with a shortage of semi-conductors which are used in technology like anti-lock brakes. We get the latest from Michelle Krebs, an executive analyst with Cox Automotive. After several nights of violence in Belfast, will foreign investors be put off from Northern Ireland? We speak to Allison Morris of the Belfast Telegraph. And we mark 60 years since Russian cosmonaut Yuri Gagarin completed the first manned space flight. Astrophysicist Dr Becky Smethurst explains the significance of this historic achievement.

  • Update: Tech stocks roar ahead

    Update: Tech stocks roar ahead

    08/04/2021 Duración: 07min

    Cary Leahey from Decision Economics in New Jersey brings us the latest markets news and we look ahead to this year's Black British Business Awards with the event's organiser, Melanie Eusebe.

  • World’s biggest vaccine-maker facing supply chain woes

    World’s biggest vaccine-maker facing supply chain woes

    08/04/2021 Duración: 26min

    The Serum Institute of India, the world’s biggest maker of vaccines, has accused Europe and the United States of holding back vital raw materials needed for production. We hear from Adar Poornawalla, the chief executive of the vaccine manufacturer, who says India’s requirements will be made a priority. In addition, procurement specialist, Simon Geale tells us why India is facing supply chain challenges. Also in the programme, we hear the latest on The Grand Ethiopian Renaissance Dam - Africa's largest hydroelectric project. Earlier this week, talks broke down between Egypt and Sudan – countries that fiercely oppose the project - and Ethiopia. A journalist based in Ethiopia’s capital Addis Ababa, Samuel Getachew, tells us why discussions to find a compromise between the countries has collapsed. Plus, the BBC’s Vincent Dowd reports on Broadway, the commercial theatre district in New York City. The neighbourhood's 41 theatres closed just over a year ago, however some are hopeful that these venues could reopen in

  • Update: The latest from the financial markets

    Update: The latest from the financial markets

    07/04/2021 Duración: 02min

    We get a markets update from Susan Schmidt at Aviva Investors in Chicago.

  • Amazon boss Jeff Bezos backs corporate tax hikes

    Amazon boss Jeff Bezos backs corporate tax hikes

    07/04/2021 Duración: 26min

    There is a growing consensus between western governments that corporations should pay more tax on their profits. The debate was revived this week by US Treasury Secretary Janet Yellen. Amazon’s Jeff Bezos has said he supports raising taxes on US companies. Alex Cobham of the Tax Justice Network discusses the proposed changes to the current tax regime, and we hear the voice of business from Neil Bradley of the US Chamber of Commerce. Also in the programme, as Brazil becomes the global epicentre of the coronavirus pandemic, recording more than 4,000 Covid-related deaths in 24 hours, the government is planning an infrastructure sale. The BBC’s Thais Carranca explains why the state is selling off the operating rights to 22 of the country's airports, five ports and a railway line. Plus, Greenland's opposition party has won an election that could have major consequences for international mining interests in the Arctic. Birger Poppel, a researcher at the University of Greenland, tells us what this could mean for th

  • Update: The rich get richer

    Update: The rich get richer

    06/04/2021 Duración: 06min

    The rich are getting richer according to Forbes' latest billionaires list - we hear from Kerry Dolan, Assistant Managing Editor of Wealth at Forbes. Plus Joe Saluzzi from Themis Trading in New Jersey brings us a markets update.

  • Credit Suisse axes top executives and bonuses amid huge losses

    Credit Suisse axes top executives and bonuses amid huge losses

    06/04/2021 Duración: 27min

    Credit Suisse replaced two key executives and cut bonuses amid the fallout from two major business relationships. Greensill Capital and hedge fund Archegos Capital Management, which were linked to the Swiss banking giant, imploded in recent weeks with major losses. Peter Hody from Finews.com in Zurich gives his insight on Credit Suisse and its involvement. Plus, could non-fungible tokens, or NFTs, redefine what we think of as art or is it just the latest crypto fad? The BBC’s Manuela Saragosa tells us what happens when the world of crypto currencies and art world collide.

  • UPDATE: US calls for minimum global corporation tax

    UPDATE: US calls for minimum global corporation tax

    05/04/2021 Duración: 14min

    US Treasury Secretary Janet Yellen has called for a minimum rate of corporation tax around the world - The BBC's Michelle Fleury explains what the Biden administration is hoping to achieve. Also in the programme - as Senate Minority leader Mitch McConnell hits out at companies protesting against Georgia's new election law, Professor of Law Ciara Torres-Spelliscy discusses what impact corporations can have

  • England’s new testing regime

    England’s new testing regime

    05/04/2021 Duración: 26min

    As the UK moves towards the end of a series of lockdowns, the government will offer residents in England two rapid coronavirus tests each week. We hear from Health Minister Edward Argar about what to expect and Lord Bilimoria of the Confederation of British Industry discusses the importance of frequent mass testing to get the economy going again. Also in the programme, the BBC's Theo Leggett has been speaking to whistleblowers. We start with retired British Army officer Ian Foxley who tells us about his personal experience. Plus, South Korean electronics giant LG was once a major force in the world of mobile phones. However, the company has said it will end production and sales of its mobile phone business due to its "continued slump amid stiffer competition". We hear from Chris Hall, the editor of technology website Pocket Lint about the LG’s mobile phone heyday.

  • England to trial vaccine passports

    England to trial vaccine passports

    05/04/2021 Duración: 26min

    The British Prime Minister on Monday will announce details of a covid status certification scheme that is being developed in England to enable concerts and sporting events to resume. Meanwhile, in India, Maharastra state goes back into lockdown after a spike in coronavirus cases and the Pope, in his Easter message, urges a faster vaccine rollout for the developing world. We hear from Charlie Roberston at Renaissance Capital about the global inequality resulting from the pandemic and mining analyst John Meyer tells us about how President Biden's infrastructure spending plans will impact global commodities. Chandrashekhar Dasgupta, a member of of the Indian Prime Ministers Council on Climate Change, says that India will not be pushed into meeting targets and a British musician, Verity White. (Image: AZ vaccine in vial and syringe Image credit:)

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