World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Trump flies to China for talks with Xi
Tariffs, tech competition, the Iran war and Taiwan top the agenda for the two superpowers. Trump, last visited in 2017. He returns to a stronger, more assertive China. Tens of thousands take to the streets of Buenos Aires to protest the economic policies of Argentina's President Javier Milei. And India…
US price worries: customers tighten purse strings
Are higher prices in the US starting to show up in household bills as inflation moves closer to 4%? We’ll be looking at where that pressure is coming from, how long it might last, and what it means for businesses and consumers already feeling the squeeze. Also today, after an…
US inflation leaps to 3.8%
The blockade of the Strait of Hormuz have caused higher energy and grocery prices. The average US price for a gallon of unleaded is at its highest level since July 2022, at $4.50. A Japanese snack maker says it's been forced to print its packaging in black and white because…
Oil deadlock deepens
Oil prices are rising as tensions in the Middle East continue to disrupt supply, with petrol in parts of the US now topping six dollars a gallon. We’re joined by David Malpass, former US Treasury Under-Secretary under President Trump and former World Bank President, to discuss the global economic impact…
Narendra Modi urges Indians to WFH
The PM says austerity measures will cut India's fuel use and save foreign exchange. India imports 90% of its oil. Its fuel bill has spiked since the US and Israel's war on Iran. President Emmanuel Macron goes on a charm offensive in Africa. He's visiting Kenya for the two day…
Why is US consumer confidence at a record low?
US job numbers are rising and the stock market is booming near record highs. So why are consumers feeling so pessimistic about the economy? As a Mexican trade mission visits Canada, the two countries look to deepen economic ties. Also Instagram’s direct messages are no longer fully private, and gamers…
Donald Trump warns EU of new tariffs by July 4
Last week, the US President threatened to raise the tariff on the import of EU cars to 25% if the European Parliament delayed a new EU/US tariff agreement. The annual conference of ASEAN, the grouping of South East Asian states, is meeting in the Philippines with the shadow of the…
EU and airlines disagree on fuel shortage concerns
As airlines cut flights over high jet fuel costs the EU's transport commissioner says passengers must still be compensated. We hear from the Global Fashion Summit in Copenhagen on how the industry is responding to rising costs and supply chain issues. And would you sue for guaranteed access to a…
Air Asia boss admits high fuel costs are hard to manage
Tony Fernandes, the chief executive of the low cost carrier, has been speaking to the BBC. He says the current high fuel costs are more complex for the airline to manage than covid was. Danish shipping giant Maersk says it will be able to adapt if charges are introduced for…
How Ted Turner changed the media landscape
Ted Turner, founder of CNN died today. We hear from Brian Selter, CNN media correspondent and Lisa Napoli who was an intern in its early days to look back on his life and legacy. It’s also been another turbulent day with oil prices fluctuating dramatically as President Donald Trump believes…