BBC World Business Report

It's official: 2026 is an El Niño year

Loading player...
El Niño has officially begun, according to scientists at the US National Oceanic and Atmospheric Administration. Will Bain examines what the climate phenomenon could mean for food prices, energy markets, economic growth and weather patterns around the world.

We'll also look ahead to Friday's huge Initial Public Offering in shares in SpaceX.

And the World Cup is under way. We hear from businesses and residents about the opportunities, disruptions and expectations as the tournament gets started.

(Picture:Indonesian farmers brace for possible dry spell linked to El Nino. Indonesia, June 4, 2026. REUTERS/Willy Kurniawan)
11 Jun 6PM English United Kingdom Business

Other recent episodes

Heatwave blasts western Europe

Record June temperatures have been recorded in several countries, with highs of 44C. As the continent swelters, workers struggle in the heat. Power failure in Russian occupied Crimea after more overnight drone raids by Ukraine. And prices for Grand Theft Auto 6 have been revealed.
24 Jun 11AM 11 min

Heatwave blasts western Europe

Record June temperatures have been recorded in several countries, with highs of 44C. As the continent swelters, workers struggle in the heat. Power failure in Russian occupied Crimea after more overnight drone raids by Ukraine. And prices for Grand Theft Auto 6 have been revealed.
24 Jun 11AM 11 min

Farming during Europe's intense heatwave

Farmers across Europe are trying to protect their crops as an intense heatwave grips the continent. Several countries have issued red weather alerts as temperatures soar. Meanwhile, an operation is under way to evacuate thousands of seafarers stranded in the Strait of Hormuz. Why have fuel sales to the public…
23 Jun 6PM 29 min

Russia's economy is hurting

Ukrainian drone attacks are causing fuel headaches for Russian motorists. Fuel purchases are restricted in much of Russia, with petrol pumps running dry in occupied Crimea. Tech stocks around the world have fallen sharply, led by Elon Musk's rocket and AI firm SpaceX. And it's exactly ten years since the…
23 Jun 11AM 9 min

UK PM announces resignation

Sir Keir Starmer says he will step down as Labour leader and UK prime minister. What does the political uncertainty mean for the British economy? Cape Verde has become one of the stories of the FIFA World Cup - what impact is the tournament having on its economy? And Alan…
22 Jun 6PM 28 min
All episodes