45 episodes

The latest business and finance news from around the world from the BBC

World Business Report BBC

    • Business
    • 4.0 • 2 Ratings

The latest business and finance news from around the world from the BBC

    Update: Travel bans on southern Africa

    Update: Travel bans on southern Africa

    The WHO has given the name Omicron to a new strain of coronavirus first reported in South Africa as a 'variant of concern'. We hear from S African medic Bayanda Gumede. Plus Cary Leahey from Decision Economics talks to Rahul Tandon about the market reaction to the news.

    • 11 min
    Markets on edge about new Covid variant

    Markets on edge about new Covid variant

    Stock markets around the world have declined as news of a new Covid-19 variant emerged. With the UK and others banning flights from the affected southern African countries, travel and tourism shares have fallen most sharply, and we assess the potential impact on the sector with Helen Tustin, founder of Wellbeing Travel. Also in the programme, on the shopping festival Black Friday, we get a sense of how toymakers are affected by global supply chain problems from Steve Finch, founding owner of toy company Bopster. And we get wider context from Andy Mulcahy, head of strategy at the UK e-commerce association IMRG. As the World Chess Championship gets under way in Dubai, we hear about the financial side of the game from Ilya Merenzon, chief executive of World Chess. Plus, amid concern that the conflict in Ethiopia could be about to escalate, we examine how the country's economy has been affected by the ongoing dispute between Tigray state in the north and the national government. Samuel Getachew is a business journalist in Addis Ababa, and tells us how before the fighting began, Ethiopia had become something of an economic miracle. The US is threatening to kick the country out of the AGOA preferential trade programme, and Rohit Nair, vice-president of garment maker Epic Apparel explains such a step could mean the closure of his business. And we also get the perspective of Zemedeneh Negatu, global chairman of the Fairfax Africa Fund, which invests in and owns companies across Africa.

    Today's edition is presented by Fergus Nicoll, and produced by Joshua Thorpe and Faarea Masud.

    • 26 min
    Update: US covid case rise

    Update: US covid case rise

    Data suggests many more Americans have been travelling over the past few days than did this time last year, but there's been a sharp rise in Covid-19 cases in recent weeks. Scientists are warning the United States could be entering a fifth wave of infections and as hospitals are getting busier, we hear from Eric Topol, a physician scientist at Scripps Research in California. Plus, Sir John Tusa tells us where power lies at top of a firm; is it with the executive team that runs the business day in, day out, or is it the board at the very top?

    • 9 min
    Germany's economic challenges

    Germany's economic challenges

    Economic growth slows in Germany, we look at the challenges facing the new government. In Japan, the trial of former Nissan director Greg Kelly continues. We hear from his wife.

    • 26 min
    Update: Samsung plans microchip factory in Texas

    Update: Samsung plans microchip factory in Texas

    South Korea's Samsung has chosen Taylor, Texas for a new $17bn computer chip factory. The US is hoping to bring more such hi-tech manufacturing back on to American shores, and we explore the implications with Justin Sayers from the Austin Business Journal. Plus, Susan Schmidt from Aviva Investors brings us the latest from the financial markets.

    • 7 min
    Samsung to build microchip factory in Texas

    Samsung to build microchip factory in Texas

    South Korea's Samsung has chosen Taylor, Texas for a new $17bn computer chip factory. The US is hoping to bring more such hi-tech manufacturing back on to American shores, and we explore the implications with Rebecca Klar, who covers tech policy for The Hill. Also in the programme, there is a debate in India about whether to follow China's lead in banning crypto-currency trading. We find out more from Glen Goodman, author of The Crypto Trader. Starbucks workers in Buffalo, New York, are holding a ballot this month to decide whether to join a union. It's part of a trend of union activism across America, as the BBC's Ed Butler reports. Plus, at its annual Golden Joystick awards, the video games industry celebrated 50 years of games, marking the November 1971 launch of Computer Space. Dan Dawkins is content director at Games Radar, and tells us more about the event. Today's edition is presented by Fergus Nicoll, and produced by Nisha Patel and Faarea Masud.

    • 26 min

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