Business Matters BBC World Service
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- Business
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Global business and finance news and discussion from the BBC.
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America’s job market enjoys sizeable gain
The United States releases jobs data. More than a quarter of a million new ones were added last month
suggesting the world's largest economy remains buoyant.
In South Korea workers at the country's biggest company ,Samsung. have staged industrial action for the first time in the company's more-than fifty-year history. The BBC’s Sally Nabil reports from Cairo.
Egypt is increasing the price of subsidized bread by 300 per cent.
And the T20 cricket world cup tournament is being held in the US for the first time ever.
We were joined by ABC's senior business correspondent Peter Ryan and Technology journalist Takara Small
Mandatory Credit: Photo by JIM LO SCALZO/EPA-EFE/REX/Shutterstock (14001465b) -
The European Central Bank cuts interest rates
The European Central Bank has announced a cut in its main interest rate from an all-time high of 4% to 3.75%.
A Norwegian mining group has confirmed that it's discovered the largest deposit of rare-earth minerals in Europe.
Mike Lynch, the man once known as Britain’s Bill Gates, has been acquitted of the charges against him by a court in San Francisco.
We look at the impact of the new wave of injectable diabetes and weight loss drugs
And Virgin Australia plans to allow dogs and cats to fly in the main cabin on its flights.
(Credit: European Central Bank. Photo by FRIEDEMANN VOGEL/EPA-EFE/REX/Shutterstock) -
Republican donors pledge millions after Trump guilty verdict
Major Republican donors have backed Donald Trump despite his conviction in a hush money case. Presenter Devina Gupta discusses how there is still huge financial backing for the former president. Plus, with Mexico expected to elect its first-ever female president, we examine the economy she inherits, and what her economic priorities likely to be. And, the owner of Worldle, a geography-based spinoff of the hit online game Wordle, tells us how he faces a legal challenge from the New York Times.
(Photo: Donald Trump Credit: Peter Foley EPA-EFE/REX/Shutterstock) -
UN head calls for end to fossil fuel adverts
UN Secretary General Antonio Guterres called coal, oil and gas corporations the “godfathers of climate chaos” who had distorted the truth and deceived the public for decades. He said that just as tobacco advertising was banned because of the threat to health, the same should now apply to fossil fuels.
Also in the programme, Rahul Tandon talks about Canada's interest rate cuts and finds out why a Hollywood film studio is refusing to release a film.
Our guests are Simon Littlewood and Michael Malone.
(Photo: A logo on a Shell petrol station. Credit: Reuters) -
India election: The economy reacts as Modi claims victory
Modi-led alliance claims victory in India’s general election despite having many critics of high unemployment figures and slow economic growth there. What look at what this means for the Indian economy.
We hear from local reporters, economists and business owners in India.
(Picture: Indian PM Modi speaks to supporters at the BJP headquarters, in New Delhi. Picture credit: Reuters) -
How investors react to Mexico’s first female president
Mexico's first female president, Claudia Sheinbaum, breaks a political glass ceiling and she wins the election. However, following the victory, investors have been reacting rather negatively. They’ve been selling off pesos—Mexico’s currency—over fears of radical constitutional changes. The peso slipped about 3% against the dollar, its lowest level since November last year. How will it affect local business owners and the economy?
Also, in the programme, Sam Fenwick finds out why the boss of the World Bank, Ajay Banga, thinks it’s time for emerging economies to stop relying on infinite streams of cash from other governments.
(Photo: Sheinbaum wins Mexico's presidential election. Credit: Reuters)
Customer Reviews
Informative, effective & fun summarization of daily business
Relentless pursuit of connecting all the geo-political, environmental & social dots impacting the present & future of economy, globally with entertaining expert observation & analysis.
Perhaps at times it could improve by giving a more in-depth analysis of the economical impact by key technological trends such as Generative Automated Intelligence (GAI).
In covering the entertaining show of Musk being interviewed by the UK PM for example, the decoding of ‘In the future, people won’t need to work due to AI’ should be heard as: In the near future, where GDP growth is solely driven by systems & machines to process, plan, produce & profit, billionaires and corporations will NOT have a need for human employees to exponentially grow their wealth!
What would be the new definitions for productivity and labor that could leads us through the necessary evolution/revolution of the present economical models & metrics???
Please reconsider Devina Gupta
I applaud BBC World Service’s attempt to diversify their broadcasting staff but Devina is just not up to the task. Her accent and extremely error prone English are unintelligible most of the time. It’s painful to hear her struggle to keep the conversation across interviewees and the two guest contributors interesting and on track. She would do better in a news reading segment which requires much less impromptu/ extemporaneous commentary and hosting. I don’t listen to the episodes hosted by her.
Another great BBC Show
Glad to find another gem to keep me up to the minute on global issues. I could have done without the micro-aggression of the journalist covering the November 21 COVAX facility story. This is regarding his ending quip about what Tedros meant about multilateralizing the vaccine. He clearly meant the collective effort of access and distribution. Quips like that make me wonder if this is the underlying uneasiness of having an African in a position of authority. Just report the facts. This was my intro episode and could have been turned off but BBC has a great reputation and so will let it pass.