World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
US in last ditch shut down vote
US in last ditch shut down vote, unless congress can agree on a spending planThe Prime Minister, Justin Trudeau, could be facing a confidence vote after he reshuffled a third of his cabinet today.And German automaker Volkswagen was on the brink of a major strike, however the company's bosses and…
Swiss lawmakers criticise ‘years of mismanagement’ at Credit Suisse
A damning verdict from Swiss MPs on the failure of one of their largest banks.Plus, the latest on the looming US government shutdown.Malaysia resumes the hunt for an airliner that disappeared ten years ago.And 80 million of them are sold in Europe every year, but what goes into growing a…
The US votes on crucial shutdown bill
The US senate votes on a new deal for Federal Government funding. The previous bill was abandoned after Donald Trump said he wouldn’t support it Luigi Mangione, The man accused of shooting the head of America's biggest health insurance company has made his first court appearance in New York after…
Why is Mayotte so poor?
France's President Macron is in Mayotte seeing the damage from the devastating cyclone. He declares a day of national mourning, but many residents are angry at what they see as neglect of what is legally part of France.El Salvador gets a multibillion-dollar deal with the IMF, but in return for…
Are US interest rate cuts coming to an end?
Are US interest rates cuts coming to an end? Stock values are hit but the value of the US dollar jumps, after Federal Reserve warns any future interest rate cut could be some time away. Also on World Business Report, Rahul Tandon hears how the US Supreme Court will hear…
Will Honda and Nissan merge?
The auto companies Honda and Nissan are currently in the early stages of merger talks. We ask what does it mean for the car industry?The Democratic Republic of Congo’s government has filed criminal complaints in France and Belgium against subsidiaries of the tech giant Apple, accusing it of using conflict…
Syria’s war has ‘not ended yet’
The UN’s special envoy to Syria, has warned that unless the country gets urgent support it could be plunged back into conflict. Ten days after taking power what resources does the new Syrian government have? Tankers carrying Russian oil through European waters will have to prove they're insured or face…
Argentina’s economy shows signs of growth
Argentina, for a long time one of the world's most troubled economies, has seen its economy grow. Could this be the end of years of economic crisis? We'll take a look at whether that growth is sustainable and delve into how much of it is to do with the radical…
Resignation of Canada’s Finance Minister rocks Justin Trudeau's government
Resignation of Canada’s Finance Minister rocks the government. Prime Minister Justin Trudeau asks Dominic LeBlanc to replace Chrystia Freeland after her shock resignation.Also on World Business Report, Andrew Peach hears from Germany on the day the government deliberately lost a vote of confidence in the country’s parliament. And we hear…
Insurance head says firms should rethink CEO security
The president of insurance giant AON tells Will Bain that firms should rethink their executives’ security, calling on political leaders to “set the tone” on making the environment safer for CEOs. Eric Anderson also spoke about offering war risk insurance to businesses in Ukraine. Plus, how are Nigerians coping with…
France has another Prime Minister – but will François Bayrou get the budget through?
France has a new Prime Minister…but can François Bayrou fix the economy where his predecessor failed? We talk to a biographer who says the jury’s out.Russia’s economy shows surprise growth—but with inflation soaring and sanctions biting, is it all as good as it seems?And Christmas classics still rule the airwaves—and…
François Bayrou named as France’s new Prime Minister
In a bid to end political instability, President Emmanuel Macron names centrist political ally as France’s prime minister. François Bayrou now has the task of producing a budget that addresses the country's economic challenges, whilst still achieving a majority approval in an increasingly fractious political backdrop. Also, the US offers…
Can France’s new Prime Minister grip the economy?
France’s President Emmanuel Macron is fighting to form a new government and pass next year’s budget. But will it calm the country’s economic turmoil?Meanwhile... a British hedge fund trader is jailed for defrauding Denmark out of over $1 billion. How did he pull off one of the biggest tax scams…
New French PM to be announced
French President Emmanuel Macron was expected to name the new government chief amid the country’s political breakdown, with a view to tackle the country’s economic outlook.Also, how will Australia’s new plans to introduce a social media company levy encourage tech companies to pay news outlets and publishers for content?And Donald…
Syria’s economy and its reliance on drug money
Will the $6bn trade in the illegal drug captagon that funded the Assad dictatorship be disrupted now he's gone?As US inflation creeps up, we hear from businesses daring to feel more hopeful about their future prospectsThe Macy's employee who hid $150 million in delivery charges.And why universities in Australia are…
TUI CEO says next German government needs to attract foreign investment
Sebastian Ebel, says Germany needs to break free from over-regulation and focus on attracting foreign investors.Food prices in South Africa have risen at their lowest rate in nearly 14 years, keeping the country's inflation below expected levelsAnd General Motors has announced that it will stop funding the development of the…
Syria's long path to recovery
While some Syrians return to work after Bashar al-Assad's fall, others try to get out of the country in fear of a government led by the rebels. We get the latest. Luigi Mangioni, the man accused of murdering Brian Thompson, the chief executive of UnitedHealthcare, has been denied bail. We…
How will Syria’s economy recover from the war?
The new regime will be trying to rebuild the country and its infrastructure after 14 years of conflict and sanctionsWe hear from the IMF in Kenya as their financial partnership is set to end in 2025. But what does it mean for the countries ballooning debt?And Rupert Murdoch has lost…
The Syrian economy after Bashar al-Assad
After the fall of Syria's president Bashar al-Assad, we look into the challenges the nation will face to rebuild the economy. China has launched an antitrust investigation into Nvidia, the world’s most valuable maker of computer chips. We find out why. Baseball player Juan Soto has agreed a $765m deal…
A new era in Syria: who will rebuild the country?
What will life look like in Syria after Bashar al-Assad's regime gone? And who will rebuild the country and help the economy to grow? We hear from Syrian refugee Hadi Nuri and Ruba Jaradat, Regional Director for Arab States at the International Labour Organization (ILO).Also, how will the Chinese government…