World Business Report

Nestlé is the world's largest packaged food and drink company, but after a turbulent period it has announced plans to cut 16,000 jobs over the next two years. But after selling its water division for €5bn earlier this year, will it lead to the Swiss conglomerate slimming down further? Andrew Peach finds out why the US Chamber of Commerce is trying to stop the Trump administration charging businesses US$100,000 for each foreign skilled worker visa. Elsewhere, Japan is known for its political stability, but amid numerous economic challenges, could a new prime minister be the answer to its problems? And what's all the fuss about with Microsoft's first-ever handheld Xbox console? The latest business and finance news from around the world, on the BBC. (Picture: The Nestlé logo is seen during the opening of the 151st Annual General Meeting of Nestlé in Lausanne, Switzerland on 12th April, 2018. Credit: Reuters / Pierre Albouy.)

US President Donald Trump has said Indian Prime Minister Narendra Modi has agreed to stop buying Russian oil, but the Indian government isn't completely in agreement with the American President's comments - stating that talks were 'ongoing'. Also the world's biggest packaged food and drinks company Nestlé has announced big job cuts. And is Microsoft's new hand-held Xbox games console worth the money? Presenter: Hannah Mullane Producer: Victoriya Holland Editor: Stephen Ryan

New official data shows that prices in China are falling again. The producer price index, which measures the amounts charged by factories, has been negative for three straight years and last month it declined by 2.3 per cent year-on-year. Meanwhile, with consumer prices also down during a holiday month, is the world's second largest economy stuck in a hole, and how hard will it be to fix? Elsewhere we hear about the economic turmoil and rising living costs over the past year in Indonesia that's caused violent protests. And Ed Butler speaks to Professor Sir Cary Cooper on why Germany wants to put its pensioners back to work. The latest business and finance news from around the world, on the BBC.

It's been welcomed by small businesses but comes with new tariff costs. More than a billion small parcels were sent between India and America last year.What will a $20 billion currency swap deal mean for Argentina?And Greece proposes a workday which could run for up to 13 hours.

The IMF's latest report acknowledges that US growth has actually been stronger this year than it was expecting. But with a government shutdown entering a third week, we see some worrying signs for the world's largest economy. Also why France is giving up on its plans to increase the retirement age? And President Trump has welcomed Argentina's liberaltarian president, Javier Milei, to the White House, days after the US agreed to provide major financial help. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

French Prime Minister Sébastien Lecornu has presented the government’s long-awaited budget. But will it pass? And can the government finally resolve the recurring political battle over raising the retirement age?The International Monetary Fund has released its global economic outlook, projecting growth of 3.2% for the year ahead. However, concerns remain over global trade and the potential impact of tariffs.And Cape Verde’s national football team has qualified for the FIFA World Cup for the first time. We take a look at the investment that helped get them there.

Why is Microsoft switching off from one of the world's most used operating systems. And how bad that could be for millions of computer users around the world. How big a deal could this be? Also why Madagascar, one of the world's poorest nations, is now in turmoil with its President fleeing the country. And The Royal Australian Mint is releasing new $1 Bluey coins this week and they are already being pre-sold online for inflated prices. It follows the wildly popular release of Bluey coins last year. So what makes Bluey so popular? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

Hannah Mulane breaks down China’s latest economic data. Could it strengthen their hand ahead of trade talks with the US?We also look at whether France’s new government can push its budget through parliament.And how the Australian Royal Mint are looking to cash in on animated cartoon Bluey now estimated to be worth two billion dollars.

President Trump is threatening to cancel his meeting with Xi Jinping and, in a post on Truth Social, warned of “strange things happening in China.” He says Beijing is planning sweeping export controls on rare earths — and the U.S. is now calculating a massive tariff hike.U.S. businesses trading with China are watching closely —and soybean farmers especially so. We speak to their trade body and ask their reaction.Plus, cocoa prices have taken a tumble to their lowest level in nearly two years, after a wild rally that squeezed chocolate makers and boosted farmer incomes. So what’s behind the drop, and what does it mean for growers on the ground?And Pokémon cards have become a serious business. Since they first came out in 1996, the value of certain rare cards has skyrocketed — we’re talking up to 4,000% over the past two decades. So what’s behind the boom?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ground to Argentina in global markets, especially in China, due to its trade war with the US. And Pokémon cards are hitting record highs, as some of them have seen values rise by 4000%, according to Card Ladder, which tracks values. Presenter: Sarah Rogers Producer: Ahmed Adan Editor: Justin Bones and Shea Conduct

The Chief Executive of JP Morgan Chase Jamie Dimon shares his views on AI, and whether he thinks the hype around it will continue. The German Chancellor, Friedrich Merz vows to do everything possible to counter EU rules banning the sale of new CO2 emitting cars after 2035. And we hear how Doanld Trumps tariffs pilicy is affecting Switzerland which is facing duties of some 39 per cent on its exports to the US. (Picture: Jamie Dimon. Credit; Shannon Stapleton Reuters)

In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products. And the price of silver hit its highest level in decades. The metal reached more than $50 an ounce. Presenter: Sarah Rogers Producer: Ahmed Adan Editor: Justin Bones

Warnings the value of AI companies are stretched... we'll bring you reaction from industry experts.Trade relations between India and the UK are at an all-time high according to politicians and business leaders... We ask what business opportunities that might offer.And why we might need new names for vegetarian sausages and veggie burgers?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy Committee drew comparisons with the pile-on for ‘dotcom’ stocks 25 years ago. The price of gold has hit a record high of more than $4,000 an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world. And the UK prime minister is leading a delegation of more than 100 entrepreneurs, business and cultural leaders and university vice-chancellors on his visit to India, as he attempts to boost UK investment. Presenter: Sarah Rogers Producer: Ahmed Adan Editor: Justin Bones

Canada’s Prime Minister Mark Carney is in Washington, trying to revive trade talks with Donald Trump. The European Union is turning up the pressure too, doubling its steel tariffs. Will that get Washington's attention? And Hollywood’s pushing back against a new video tool which they say breaches copyright.

After more than a century of dominance, coal has been overtaken by renewable energy as the world’s biggest source of electricity – a historic moment, according to new data from the global energy think tank Ember. In the UK, police say they have dismantled an international gang suspected of smuggling up to 40,000 stolen mobile phones from the UK to China in the past year. The political crisis continues in France amid efforts to get a government together following the resignation of the third prime minister in a year. Presenter: Sarah Rogers Producers: Ahmed Adan and Niamh McDermott Editor: Justin Bones

France faces fresh political turmoil as PM Sébastien Lecornu resigns. Sam Fenwick hears from businesses and investors on shifting confidence in the country’s economic direction.We examine the worsening conditions for women in Afghanistan, where the UN reports that the Taliban have severely restricted women's rights to work, study, and dress freely. And Japan’s markets rally as Sanae Takaichi becomes the country’s first female prime minister, with the Nikkei jumping nearly 5% on expectations of increased government spending and monetary easing.

France's government has fallen apart again over how to handle it's public spending budget. We hear how the collapse will affect French businesses.In Japan, stocks have hit a record high after Sanae Takaichi won the party leadership making her the likely next Prime Minister. UK car marker Jaguar Land Rover and Japanese beer maker Asahi are showing signs of recovery after separate cyber attacks halted both businesses.And bitcoin has hit another new record high!Presenter: Sarah Rogers Producers: Ahmed Adan and Niamh Mc Dermott Editor: Justin Bones

US farmers are under pressure with trade wars, crop prices and now a government shutdown. Andrew Peach speaks to two of them about how their livelihoods are being affected.We also look at Taylor Swift's lastest album and speak to businesses which rely on her continued success. And in Thailand we spend some time with the best female chef in the world.

Japan is facing a shortage of Asahi products, including beer, tea, and soft drinks after a major cyber-attack. We hear from businesses affected.In China, the Government has proposed new standards for fast food deliveries.TikTok has had its licence temporarily suspended in Indonesia.Plus, the Women's Cricket World Cup is underway in India. There's been a record breaking attendance and biggest prize pot ever!Presenter: Sarah Rogers Producer: Niamh Mc Dermott Editor: Justin Bones