47 episodes

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

World Business Report BBC World Service

    • Business
    • 4.4 • 211 Ratings

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

    The tragic cost of migrant smuggling

    The tragic cost of migrant smuggling

    At least 50 people from Mexico, Guatemala and Honduras have been found dead in the back of a truck outside the Texas city of San Antonio. Mexico has blamed a people smuggling crisis at the border with the US. So what makes people attempt the journey? Lillian Perlmutter, a journalist based in Mexico City, gives us the latest reaction.

    We'll hear reaction from across the continent. The tragedy comes amid plummeting costs across North and South America, and protests in the Peruvian capital. The country's former finance minister, Alonso Segura, tells us about a growing emergency in the country.

    Back in the US, and a number of companies are offering their employees guaranteed access to abortions. One of them is Alloy - we hear why from founder Laura Spiekerman - and discuss the legal aspects with Robin Fretwell Wilson, a law professor at the University of Illinois.

    New Jersey trader Joe Saluzzi has your markets update, and Alex Bell rounds up the rest of the day's business affairs.

    • 26 min
    Increase in defence spending debated at NATO summit

    Increase in defence spending debated at NATO summit

    Heads of state and government from NATO's 30 member countries are meeting in Madrid to decide what the organisation's strategic and spending plan should be for the next 10 years. The proposals include a dramatic increase to the number of troops in its rapid response force, increasing weapons stockpiles and strengthening command and control. But how will it all be paid for? We speak to former NATO advisor, Professor Gwythian Prins. A two-day demonstration has begun in Ghana's capital, Accra. Protesters are unhappy with recent fuel price rises and current economic conditions. Elsewhere, the fashion world mourns the death of Leonardo Del Vecchio, owner of eyewear company EssilorLuxottica - which produces Ray Ban and Oakley glasses.

    • 26 min
    Sri Lanka: fuel crisis 'worse day by day'

    Sri Lanka: fuel crisis 'worse day by day'

    In Sri Lanka, the government has banned all but essential sales of fuel for a fortnight. It follows months of surging prices, constrained supplies and political tensions. People there tell us about how difficult daily life has become.

    As the G7 draws up plans to tackle the Russia-Ukraine conflict, we ask former Canadian finance minister Joe Oliver whether it will be enough.

    Economics professor Caitlin Myers gives us the latest reaction to the decision to remove constitutional abortion rights from millions of women in the US, and a UN chief, Angela Me, analyses the findings of the body's latest report into the illicit drug trade.

    Peter Jankovskis from Arbor Financial Services in New York gives us the lowdown on market conditions, and Alex Bell takes Rahul Tandon through the rest of the day's business news.

    • 26 min
    G7 leaders discuss Russian oil price cap

    G7 leaders discuss Russian oil price cap

    A proposed price cap on Russian oil is being discussed by G7 leaders, from the world's most advanced economies, at a three-day summit at a luxury resort in the mountains of Bavaria, Germany. The war in Ukraine is at at the top of the G7 agenda, with nations expected to promise further military support for Kyiv and more sanctions on Moscow. We discuss the price cap and look at how it could affect the cost oil globally if introduced. Elsewhere, criminal barristers in England and Wales go on strike in a dispute over legal aid funding and pay. As the Wimbledon tennis tournament gets underway, we consider its economic impact and find out about the value of tennis tournaments and sponsorships internationally.

    • 28 min
    US abortion decision could make women poorer

    US abortion decision could make women poorer

    The US Supreme Court has reversed its constitutional stance on abortion after 50 years. More than 30 million US women are set to lose their automatic right to end their pregnancy. Critics say it could result in worsening inequalities and push some women into poverty. Meanwhile, a number of workplaces have pledged to help women access healthcare in states where abortion will remain legal. We hear from both sides of the debate, and are joined by Rachel Fey from the healthcare support network Power To Decide.

    Britain's ruling Conservative party have taken another blow in crucial polls. Some have called for Boris Johnson to quit. Economist Jagjit Chadha says it's all about the grim state of the economy.

    Manuel Lodeiro from SITCPLA, a Spanish travel workers' union, explains why Ryanair staff are walking out in several European countries.

    Elsewhere, as the EU offers 1 million euros to help the victims of Afghanistan's deadly earthquake, a former finance minister weighs in.

    • 26 min
    Ryanair staff strike in Europe

    Ryanair staff strike in Europe

    Ryanair staff have gone on strike today in protest against pay and conditions. Strikes will last for three days. Ernesto Iglesias from the USO trade union joins us from Madrid airport.

    President Zelensky has found a new way to connect remotely, using technology donated to Ukraine that beams him into venues around the world as a hologram. Last week he spoke at a technology event in the UK. The BBC’s Lara Lewington was there and we get the details from her.

    M&G Wealth’ Chief Investment Officer, Shanti Kelemen gives us a snapshot of how the markets are doing.

    The European Union is allocating €1 million in humanitarian aid to Afghanistan, in response to a deadly earthquake that hit the country on Wednesday. Dr Nilab Mobarez is the acting President of the Afghan Red Crescent in Kabul. She explains the difficulties of getting aid into Afghanistan.

    Bangladesh’s prime minister will cut the ribbon on a new road and rail bridge across the mighty Padma river tomorrow. The $3.6 billion dollar bridge will connect the north with nearly 20 poorer districts in the south. The BBC's South Asia Correspondent Anbarasan Ethirajan tells us more.

    Swiss company Inores has developed a bar tending robot. Helmut Wede is the CEO explains exactly how the automaton serves drinks.

    (Picture: Ryanair Boeing 737 close up - stock photo. Picture Credit: Getty Images).

    • 26 min

Customer Reviews

4.4 out of 5
211 Ratings

211 Ratings

SAARKESH ,

Delayed Podcast Posting

Business goes on but this podcast doesn’t!

BGreig3 ,

I love Most BBC Reporting...

... but please stop your predictable pattern of turning every other story into your annoying breathless rants about gender inequality, lgbtq confusion, climate crisis, race baiting, USA snarking, Trump bashing and global shaming. If you want to flagellate yourselves over your Empire history, fine, but don’t draw the USA and other nations into your guilt trips. You act as if you are very jealous of your American cousins, get over it! Wake-up, the majority of the world really don’t want your lectures, just the balanced news please.

asthmatc ,

Good European coverage

Especially good coverage of European business trends.

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