189 episodes

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

Business Matters BBC World Service

    • Business

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

    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
    President Putin in China for two-day state visit

    President Putin in China for two-day state visit

    President Putin’s visit comes as Russia has become more economically dependent on China following Moscow’s full-scale invasion of Ukraine more than two years ago; Rahul Tandon examines the economic benefits for both nations.
    The Ambassador-at-Large with Singapore's Ministry of Foreign Affairs, Chan Hen Chee, talks to us about the country’s future direction after its long serving Prime Minister steps down.
    India and Iran have signed a deal allowing a company to develop and control the management of an Iranian port for 10 years. We look at this will potentially bring new economic benefits to India.
    (Picture: Russian President Vladimir Putin chairs a meeting on development of Russia's military industrial complex .Credit: Sputnik/Vyacheslav Prokofyev/Pool via REUTERS)

    • 49 min
    US President Joe Biden puts tariffs on Chinese-made products

    US President Joe Biden puts tariffs on Chinese-made products

    Presenter Sam Fenwick discusses the impact of the tariffs on US China relations with guests from Canada and China. Analysts said the tariffs were largely symbolic and intended to shore up votes in a tough election year.
    Protests are taking place in Georgia over a new bill which requires organisations receiving more than 20 percent of their funding from abroad to declare themselves as “foreign agents”, or face hefty fines and possible imprisonment. We hear how this could affect businesses in the country.
    Google is introducing AI-generated answers to search engine queries from US users in one of the biggest updates in years. We examine what this all means for Google and it’s rivals Microsoft's CoPilot and Open AI. (Picture: Credit

    • 48 min

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