UK General Election called for July 4th
World Business Report
by BBC
6h ago
UK's Prime Minister Rishi Sunak has defended his political and economic record in the wake of some relatively positive inflation numbers. So, is this the right moment for a General Election? Find out how Brazil's farmers are adapting to climate change. While Ugandan farmers are adapting to elephants trespassing from South Sudan ..read more
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UK inflation edges down, but are people feeling it?
World Business Report
by BBC
6h ago
UK inflation hit its lowest in 3 years, but was still hotter than analysts expected. In this special episode, we record live from a Manchester food hall to talk to businesses and their customers about the price changes they're seeing. they're seeing. We also speak to experts about what this means for central bank rate cuts, and how the UK is faring compared to major global economies ..read more
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EU agreement to use Russian assets to help Ukraine
World Business Report
by BBC
1d ago
As EU countries adopt a plan to use profits from frozen Russian assets for Ukraine defences and rebuilding, Ed Butler, looks at how the scheme might work and whether the idea risks undermining the rule of law. Hollywood actress Scarlett Johansson is taking legal advice after a new version of the AI bot, Chat GPT, was released with a voice she claims is eerily similar to her own - how can AI seek to develop while staying on the right right side of copyright laws? And, Red Lobster, was once one of the world's largest seafood chains but as it files for Chapter 11 bankruptcy, how did the once succ ..read more
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EU approves landmark AI rule
World Business Report
by BBC
2d ago
European Union’s landmark rules on artificial intelligence will enter into force next month The AI Act imposes strict transparency obligations on high-risk AI systems while such requirements for general-purpose AI models will be lighter ..read more
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What next for Iran after President Raisi's death?
World Business Report
by BBC
2d ago
growing speculation over who will eventually replace President Raisi begins as Iran enters 5 days of mourning.Plus, could Saudi Arabia’s largest aviation deal signal a snub to Boeing?Also, the ship that destroyed the bridge in Baltimore back in March is finally on the move.And we have a special look at the economies of Latin America with our reporter Gideon Long ..read more
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Challenges for Taiwan's new president
World Business Report
by BBC
2d ago
Taiwan's newly inaugurated president William Lai has called on China to stop threatening the island and accept the existence of its democracy.But Taiwan’s relationship with China is not the only thing that William Lai has to tackle. there are a number of economic challenges ahead of him like rising property prices and encouraging young Taiwanese people to stay and work in the country instead of heading to other prosperous Asian cities ..read more
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Boeing: Shareholders approve $33 million package for outgoing CEO
World Business Report
by BBC
5d ago
Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun was also re-elected to stay on the troubled company’s board.Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC’s Correspondent, Will Grant, looks at how the situation has impacted on one of Cuba’s most quintessential industries – sugar – to see how tough the situation has become ..read more
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Country Garden: can the company survive?
World Business Report
by BBC
6d ago
China's real estate industry is facing major financial problems, leaving many empty or half-finished unused buildings. One of China’s largest real-estate companies, Country Garden of the verge of liquidation. Also, Roger Hearing finds out what's happening with businesses in New Caledonia. And we hear how the economic growth in India affecting people's life ..read more
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Baltimore Bridge Collapse Update
World Business Report
by BBC
6d ago
Two months after a container ship crash saw the collapse of a road bridge in Baltimore, killing six workers, Rahul Tandon speaks to the Executive Director of the Baltimore International Seafarers’ Centre about why staff on the ship are still stuck aboard.As the Dow Jones hits a record high we look at how a strong stock market is helping some to retire earlier than expected and on the day that Singapore Airlines announces staff bonuses worth nearly eight months' salary we look at how they came to receive such a generous payout ..read more
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How close is the friendship between Russia and China?
World Business Report
by BBC
6d ago
Chines leader Xi Jinping has been rolling out the red carpet for the Russian President Vladimir Putin during his two days visit. A Large portion of the meeting focused around the two countries' trade relationship. What do these two huge economies want from each other?Also, in the programme, Sam Fenwick looks at Kenya where the government announced a new tax policy that will increase the price of staples like bread, mobile phone data and money transfers ..read more
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