190 episodes

Global business news, with live guests and contributions from Asia and the USA.

Business Matters BBC World Service

    • Business
    • 3.0 • 1 Rating

Global business news, with live guests and contributions from Asia and the USA.

    US regulators sue Live Nation

    US regulators sue Live Nation

    US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry. The lawsuit from the Department of Justice said the firm's practices had kept out competitors, and led to higher ticket prices and worse service for customers.
    Also, Devina Gupta finds out how Russian president Vladimir Putin could use US property in the country to compensate for frozen Russian assets. And why one of Australia’s biggest banks, the Commonwealth, is predicting the country will become cashless by 2026.
    (Picture: The logo for Live Nation Entertainment is displayed on a screen on the floor at the NYSE in New York. Picture credit: Reuters)

    • 49 min
    Rishi Sunak announces July 4th Elections

    Rishi Sunak announces July 4th Elections

    The race begins for UK’s political parties to woo its voters ahead of July 4th General Elections – but is now the right time?
    Tech giant Nvidia continues to grow and grow, but can it keep going?
    And Elvis's Graceland is not up for sale. Find out why…
    [IMAGE CREDIT: REUTERS]

    • 49 min
    EU approves use of Russia’s frozen assets to support Ukraine

    EU approves use of Russia’s frozen assets to support Ukraine

    The European Union has approved the use of profits from Russia's frozen central bank assets to help Ukraine buy weapons and fund reconstruction. Ukraine has welcomed the move but how the scheme might work and could it risk undermining the rule of law?
    Hollywood actress star Scarlett Johansson has said she was left "angered" after the organisation OpenAI launched a chatbot with an "eerily similar" voice to her own. OpenAI have confirmed they would remove the voice, but have insisted that it was not meant to be an "imitation" of the star. How can AI seek to develop while staying on the right side of copyright law?
    Joining Ed Butler to discuss these and other big business stories of the day from around the world are Rachel Puppazoni, Business Reporter for ABC News in Perth, Australia and Technology journalist, Takara Small, based in Toronto.
    (Image credit: Anton Petrus/Getty Images.)

    • 49 min
    US stocks on a roll

    US stocks on a roll

    It has been a whirlwind in the US markets - the main indexes all hitting record highs while at the same time, commodity prices are rising.
    The ship that destroyed the bridge in Baltimore back in March is finally re-floated and back in port.
    And Business Matters takes a close look at the economies of Latin America with reporter Gideon Long.
    [IMAGE CREDIT: REUTERS]

    • 49 min
    Boeing CEO's $33m exit package

    Boeing CEO's $33m exit package

    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, who will leave the company at the end of the year, 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.
    Plus as Mercedes workers in Alabama have voted against joining a union we look at the result means for workers and management.
    Rahul Tandon is joined by Peter Ryan, ABC's senior business correspondent, in Sydney and Han Lin, China Country Director of “The Asia Group” a Washington DC based consultancy, and NYU Shanghai professor based in Shanghai.
    (Image Credit: The Washington Post/Getty Images.)

    • 49 min
    Dow Jones hits record high

    Dow Jones hits record high

    As the Dow Jones hits a record high Rahul Tandon looks at how a strong stock market is helping some people retire earlier than expected.
    Two months after a container ship crash saw the collapse of a road bridge in Baltimore, killing six workers, we explore the reasons why 21 seamen are still stranded on the vessel.
    And on the day that Singapore Airlines announces staff bonuses worth nearly eight months' salary we examine how they came to receive such a generous payout. (Picture credit: Spencer Platt/Getty Images.)

    • 55 min

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