35 episodes

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

World Business Report BBC World Service

    • Business
    • 4.4 • 213 Ratings

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

    Another difficult day for the British economy

    Another difficult day for the British economy

    It’s been another windy day for the British economy as the Bank of England intervenes to buy government debt. The leader of the UK's main opposition party - Keir Starmer says the government has lost control of its finances.

    Raoul Puparel, head of the Boston Consulting Group and a former special adviser to the UK Prime Minister on Europe, describes the situation as unprecedented.

    How are the markets reacting? Susan Schmidt who's Head of US Equity at Exchange Capital Resources in Chicago tells us.

    Hurricane Ian bears down on the East Coast of Florida in the US, leaving more than a million people without power. President Biden warns people to take heed of the advice of local authorities.

    Suspicions continue about the blasts on Tuesday in the Baltic Sea that damaged the pipes bringing gas to Europe from Russia. Melinda Hearing, the deputy director of the Atlantic Council’s Eurasia Center shares her thoughts.

    Retailers and consumers in Liberia are spending days and nights in queues to buy small quantities of rice which is fast disappearing from shops and marketplaces in the country. Clarence Jackson, a Liberian journalist, tells us what exactly is happening.

    From movies to boxsets then music and now sport - is the new streaming war out on the pitch? Shay Segev, DAZN Group CEO sheds more light on the new deal to buy ELEVEN Group's global sports media businesses.

    • 27 min
    IMF raises concerns over UK economy

    IMF raises concerns over UK economy

    The BBC'S New York correspondent, Michelle Fleury explains the IMF's concerns about the new fiscal measures adopted by the UK.

    Mark Sobel, a former US treasury official who is now chair of OMFIF a think tank, highlights the importance of sterling to the global economy.

    Polish Prime Minister, Mateusz Morawiecki has reacted to the gas leaks from Russian-controlled pipelines, describing the damage as an act of sabotage. But the US Secretary of state, Anthony Blinken, takes a more cautious approach.

    The leader of the opposition party in the UK, Sir Keir Starmer, has announced a new Labour policy for tackling climate change - setting up a state-owned energy company - called Great British Energy.

    We speak to Jacob Schlandt, a journalist based in Germany about the effects of the leak on the markets.

    As Florida braces for Hurricane Ian, Cathy Perkins, the Director of Pinellas County Emergency Management talks to us about the situation.

    Food delivery drivers in Brazil are facing hard times trying to save a mere 3 dollars extra a day on fuel. BBC journalist, Agustina Latourrette speaks to some of them.

    Paris Fashion Week is back in the French capital with a bang. The BBC's Bisi Adebayo caught up with Lucy Maguire, a reporter for Vogue Business who's at the show in Paris.

    • 27 min
    Strong dollar fuels currency downturn

    Strong dollar fuels currency downturn

    Britain’s pound hit record lows against the US dollar on Monday. So how much is a strong dollar to blame? We speak to Claudia Sahm, the founder of Sahm Consulting and a former Federal Reserve and White House economist. The US has warned Russia that it will impose further economic sanctions if Moscow annexes more territory in Ukraine. Peter Jankovskis of Arbor Financial Services talks us through the likely implications if this happens. In Ghana, the current state of the economy takes centre stage as the government seeks a multi billion dollar finance deal from the International Monetary Fund to tackle economic hardship. The BBC's Ghana Correspondent Thoams Nandi paints a picture of the situation. How will Kenya's president Ruto fulfil his promise to tackle the cost of living crisis and lift people out of poverty? Mr Ruto unveils his plans to the World Service's Alan Kasujja. The fight for domestic workers’ rights continues. The BBC's Laura Heighton-Ginns investigates the exploitation and abuse of domestic workers overseas. Alex Serdiuk, CEO of the Ukraine AI firm Respeecher tells us how it’s been made possible to clone one of the most well-known characters in movie history.

    • 27 min
    Pound hits all-time low against the US dollar

    Pound hits all-time low against the US dollar

    Sterling falls to historic low as markets react to the UK's biggest tax cuts in 50 years. The level of public borrowing to fund the government's plans concerns investors. We talk to Jane Foley, currency strategist at Rabobank.

    Giorgia Meloni is set to become Italy's new Prime Minister after her right-wing coalition triumphed in this weekend's elections. What will be the focus of her economic policy? We ask Michele Geraci, former undersecretary of state at the Italian Ministry of Economic Development.

    The Organisation for Economic Cooperation and Development (OECD) is predicting a 2.8-trillion-dollar hit to the global economy next year as the war in Ukraine continues, and the resulting inflation crisis takes its toll on demand. We hear more from Alvaro Pereira, the OECD's acting chief economist.

    The video-sharing app TikTok could face a fine as high as 29 million US dollars after authorities in the UK found that the company may have failed to protect the privacy of users. The BBC's tech reporter Shiona McCallum tells us the details.

    The re-release of Avatar has brought in $30 million across global box offices this weekend. Rob Arthur, the director at the cinema and entertainment advisory service Paguro Ideas explains why the movie is so popular.

    • 27 min
    A historic week for the global economy

    A historic week for the global economy

    On World Business Report, we look back at a turbulent seven days for central banks, markets and businesses. It's been a week in which the Federal Reserve raised interest rates again, prompting other central banks to follow; but the move has had negative effects on other major currencies. A global recession seems ever more likely; and Britain's new chancellor has made a series of announcements aimed at growing the UK economy. We're joined by Becky Candy, a business owner and coach in England; former Bank of England staffer Professor Danny Blanchflower; and Wall Street analyst Chris Low. Kai Rysdall from our partner show, Marketplace, also joins the programme to discuss the US maritime industry.

    • 27 min
    Russian economy under strain after many flee to border following military call-up

    Russian economy under strain after many flee to border following military call-up

    Large numbers of Russian citizens are trying to leave the country to escape the military mobilisation announced by Vladimir Putin. Direct flights to visa-free countries are sold out, and long queues of cars are lining up at the borders. Professor Nikolai Petrov, Senior Research Fellow with the Russia Programme at think tank Chatham House in London talks about the impact of this on the economy. Bad weather has knocked out the entire electricity supply on the Caribbean island of Puerto Rico as Hurricane Fiona causes havoc. We hear from Angelique Sina who runs a business on the Island. And Sean O' Kane an Auto Reporter with Bloomberg News talks about the fallout from electric car giant Tesla after it recalls more than a million cars.

    • 26 min

Customer Reviews

4.4 out of 5
213 Ratings

213 Ratings

SAARKESH ,

Delayed Podcast Posting

Business goes on but this podcast doesn’t!

Kékcsillag ,

Topics are interesting but the host Rahul Tanden.. horrible

I find Rahul Tanden’s voice and delivery supremely irritating. This person should not be on radio/podcasts. Absolutely the worst amateur. The quality standards at the BCC have dropped dramatically over the years and he is no exception. Someone who can’t evenly deliver, control his voice and volume should be flipping burgers at McDonald. He doesn’t belong on radio.

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.

You Might Also Like

BBC World Service
BBC World Service
BBC World Service
The Economist
Financial Times
BBC World Service

More by BBC

BBC World Service
BBC Radio 4
BBC Radio 4
BBC World Service
BBC World Service
BBC World Service