World Business Report BBC Podcasts
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- Business
The latest business and finance news from around the world from the BBC
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Binance founder sentenced to 4 months in jail
Changpeng Zhao, the founder of the giant crypto exchange, Binance, will spend 4 months in a US prison. He had pled guilty to charges of enabling money laundering at the exchange. Ed Butler asks what it means for crypto.
Meanwhile, in Argentina, a series of key reforms were passed which could spell privatization of a dozen companies. We speak to a former presidential candidate who says the reforms will spell trouble.
Finally, Beijing, Brussels and Washington are preparing for a major showdown over electric cars. -
Zimbabwe launches a new currency backed with gold
Zimbabwe introduces a new currency, the ZiG, to tackle its high inflation.
The Argentinian parliament has approved sweeping austerity measures which has triggered mass protests. We also hear from Ecuador, a country which in the late 90s successfully dealt with high inflation.
And we hear from Bumble CEO Lidiane Jones on women in tech and the path to success. -
The G7 agree to kill coal by 2035
Energy ministers from the Group of Seven (G7) major democracies have agreed to phase out the use of coal power by 2035, putting a critical timeline on the plans first announced last year in Dubai. Also in the programme, Ed Butler looks at the new spending cap set to apply to football teams in the English Premiere League. And, we hear about the retreat of the grocery courier firm Getir from Europe and the U.S, and the future of the sector.
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US-China relations: How will it affect businesses?
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations. US Secretary of State Antony Blinken has warned that Washington will act if China does not stop supplying Russia with items used in its assault on Ukraine.
Also, in the programme, Roger Hearing finds out how Egypt authorities dealing with the inflation and who created World biggest 3D printer. -
Blinken & Xi Jinping in trade talks
Could the US Secretary’s visit to Beijing further improve the US-China relationship that still crackles with tension and suspicion? Devina Gupta speaks to Prof Henry Gao, an expert in global trade at Singapore Management University.
Over to Haiti and it is day one of the new interim government there which is trying to crackdown on gang violence we speak to the boss one of the main telecom companies - about what it is like to do business in this chaos and his hopes for stability.
Messaging app WhatsApp says it will leave India if it is forced to break its end-to-end encryption, that is mandated by India's 2021 Information Technology Rules.
Finally – what does it mean for a female flight attendant to get a CEO position for an Asian airline company? We find out how this story made headlines in Japan. -
US economic growth slows but inflation grows
The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut.
Official figures revealed the economy expanded at an annualised rate of 1.6%, far below expectations and the growth seen in the final months of 2023.
Meanwhile, inflation, which measures the pace of price rises, has increased.