Boeing faces fierce scrutiny
World Business Report
by BBC World Service
16h ago
A Boeing engineer has told US lawmakers that he was harassed and threatened after he raised concerns about the safety of the company's planes. We hear from engineers and their claims. President Biden is set to call for a tripling of US tariffs on steel and aluminium. His demand for tariff hikes comes as he tackles fraught relations with China. Should players be excluded from betting on a game? The jury’s out for one NBA player who was given a lifetime ban by the NBA for breaching gambling rules ..read more
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US election 2024: Is it worth it for campaign backers?
World Business Report
by BBC World Service
16h ago
worrying reports for Donald Trump's campaign of what may be an impending cash shortfall. The Financial Times has calculated that he's raised $75mn less for his presidential bid than Joe Biden in recent months, and has 270,000 fewer unique donors than he had at the same stage of his White House run four years ago. So what difference does money make when it comes to winning US elections? Also, Ed Butler finds out why German sportswear giant Adidas hits huge profits from sales its Yeezy collection and what will be the cost of reconstruction of the Copenhagen's 17th-century old Stock Exchange ..read more
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Is the American economy out of the woods?
World Business Report
by BBC World Service
16h ago
Economic growth in the US will be stronger than expected – but what does this mean for small businesses? We hear from an American business owner about the impact of an economic boom coinciding with inflation. Also, a UK legislation to ban cigarette sales leads to questions being raised on how tax duty for those specific sales will be recovered. Plus, is the return of investment worth much for countries hosting global events? It has been estimated that in preparation for the Olympic games France has spent 9 billion euros and forcing additional contributions from the government – but does the in ..read more
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Global economy ‘resilient’ but may be headed for trouble
World Business Report
by BBC World Service
16h ago
The global economy is set to grow 3.2% this year, slightly more than previously expected, according to the International Monetary Fund. It’s optimistic assessment in today's keenly awaited Global Growth forecast, suggests the world is heading for a soft landing rather than a crash over the next few months. Ed Butler talks to a former deputy director of the IMF. He also finds out what matters to young Indian voters as the country’s election gets closer, and talks to a Kenyan doctor about why he’s been joining the strikes for a month ..read more
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Tesla announces workforce redundancies
World Business Report
by BBC World Service
16h ago
Redundancies are expected after Tesla announces it will lay off more than 10% of its global vehicle workforce. Also how has a rise in consumer spend affected America’s economy which is grappling with inflation? Plus, the truth behind truth social continues as we look how Trump Media shares have been falling. And finally, is America’s immigration system broken? Our reporter Erin Delmore has been looking at the political and bureaucratic issues adding to America's labour shortage ..read more
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The costs of conflict for business in Israel
World Business Report
by BBC World Service
3d ago
Israel's economy is struggling in the wake of conflict with Hamas in Gaza. We hear from a start-up in the EV sector how tensions between Iran and Israel will affect businesses. Also, presenter Will Bain, looks at why Tesla is set to lay off more than 10% of its global electric vehicle workforce. And how Japan’s biggest brewer Asahi plans to expand its production of zero and low-alcohol drinks ..read more
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Inside Ukraine’s energy crisis
World Business Report
by BBC World Service
6d ago
On today’s program we find out why Ukraine is suffering its worst power crisis since Russia launched its invasion. Also, find out why South America’s largest economy is grappling with high inflation. Plus, activists have begun a hunger strike on the island of Tenerife, in protest at what they see as the destructive growth of tourism on the Canary Islands. And finally, find out how an American Farm Grows $1,700-Per-Pound White Truffles ..read more
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The challenge to produce vaccines in Africa
World Business Report
by BBC World Service
6d ago
Moderna has halted plans to build a Covid-19 plant in Kenya alleging the demand after the pandemic has fallen dramatically. Rahul Tandon explores the different challenges that keep Africa missing out on investments to develop vaccines and the consequence this has on the population. And shareholders of United States Steel will vote on a planned takeover of the company by a Japanese firm. We hear why not everyone's happy with the deal ..read more
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The European Central Bank has held interest rates steady at a record high of 4%
World Business Report
by BBC World Service
6d ago
As the European Central Bank holds interest rates steady at a record high of 4%, Vivienne Nunis asks whether the EU is ahead of the US in the race to reduce interest rates. We examine the economic relationship between Japan and the United States - as the Japanese prime minister Fumio Kishida addresses the US Congress. Plus in another Japan-US relationship issue, we talk about Shohei Ohtani, a baseball, a home run, and a woman who feels she's lost out on $100,000 as a result ..read more
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Vietnamese billionaire sentenced to death for $44bn fraud
World Business Report
by BBC World Service
6d ago
Property tycoon Truong My Lan has been found guilty of embezzling from one of the country's largest banks for 11 years, and given a rare death sentence. We get the latest from our correspondent. And as the political crisis deepens in Myanmar, we hear the latest report from the United Nations which says the middle classes in the nation are at risk of being wiped out ..read more
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