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World Business Report
Published by BBC World Service
- Business
The latest business and finance news from around the world, on the BBC.
Listen on Apple PodcastsPublished by BBC World Service
The latest business and finance news from around the world, on the BBC.
Listen on Apple PodcastsLift-off for Elon Musk's tech company, SpaceX, as it reports its first results since going public. We examine what the company is worth and hear investors' reaction. Also, we look at Spotify's latest user numbers and explore whether the music streaming giant could be running out of new listeners. Elsewhere, we hear from tech workers in Gaza, ten months after the US-brokered ceasefire between Israel and Hamas. And, how Europe has spent the summer trying to buy its way out of the heat. PHOTO CREDIT: (EPA/Shutterstock)
Oil companies are seeing their profits spike as the Iran war continues, but President Trump says they're making too much money. So why are profits so high? Sarah Rogers takes a look. Plus, how would you feel if the government was allowed to access data from your phone? US tech giant Apple has confirmed it has launched a new legal complaint against the UK government for trying to do just that.
We explore the impact of the Danube river running at its lowest level in decades on freight, car production and nuclear reactors in the area. Elsewhere in a big few days for the media sector, we explore why superheroes are back, the latest on the sale of Electronic Arts and why Netflix is going into short form content. Also, why one of Europe's most wanted drugs fugitives is living freely and with government protection in west Africa And how Japan and the US have carried out a rare joint intervention to prop up the Yen PHOTO CREDIT: (REUTERS/Marton Monus)
Ukrainian drone strikes hit Wildberries warehouses across Russia, with 16 distribution centres damaged or destroyed in the past fortnight. As the country's biggest online retailer faces disruption and a Lukoil oil refinery is also hit, we examine why Ukraine is targeting Russian business infrastructure. Also, oil prices rise after Iran stops two vessels attempting to leave the Strait of Hormuz. We ask why crude has not surged even higher, and look at how China's hidden oil reserves have helped limit the impact on global markets. FIFA faces a growing backlash over plans to sell minority stakes in a new commercial entity controlling future tournament rights, with UEFA, other federations and senior figures inside FIFA pushing back against the proposal. Plus, we examine the collapse of an AI-focused hedge fund once valued at $45 billion, led by 24-year-old tech entrepreneur Leopold Aschenbrenner, after its assets were bought by a rival firm for less than $10 billion. Image Credit: STRINGER/EPA/Shutterstock
Asian markets rebound strongly after a turbulent week for some of the world's biggest chipmakers. We look at what's behind the turnaround and whether investors are still worried about AI spending. Also, opposition grows to FIFA's plans to sell stakes in the World Cup to private investors. And another Ukrainian drone attack targets Russia, while China's factory activity unexpectedly contracts.
We hear why UEFA is threatening to boycott future World Cups in a major showdown with FIFA over plans to create a new commercial entity to run its tournaments. As the row intensifies, we'll ask what it means for the future of football's biggest business with the New York Times' Tariq Panja. Also, the BBC's Nawal Al-Maghafi reports from Iran after a new wave of US strikes, looking at the impact on a country already facing deep economic and security pressures. And we look at Washington's move to restrict Chinese-made robots from entering the US market on national security grounds, and what it means for the future of automation and global trade. Photo Credit: Reuters
The US has moved to block new foreign-made robots from its market over national security concerns, with Chinese manufacturers expected to be hit hardest. Beijing says it could retaliate. We also examine the health of the US economy, as growth disappoints and inflation remains stubbornly above the Federal Reserve's target. And Australia's internet regulator takes legal action against Telegram over its alleged failure to remove terrorist content.
We'll hear reaction from the world of football as Fifa offers federations $40 million each to rubberstamp its plan to sell some of its commercial rights. As FIFA sends a letter to football associations explaining the plan and giving them a deadline of mid-September to agree Also, we find out the bizarre story of why eBay had to pay one couple $56 million after a campaign of harassment. And why Cuba has moved to open crisis-ravaged parts of its state-run economy to private firms. Elsewhere we get the latest from the US Federal Reserve which held rates despite rising inflation. PHOTO CREDIT: Reuters
Jewellery and a strong North American market helped luxury goods giants LVMH and Kering grow sales even as promblems in the Middle East and China hampered the sector overall. We get insight from the former head of LVMH's head of North America. Elsewhere, it's "the same again" for tech investors in Asia, as trading on the Kospi index is holted to stave off a rout after Korean chipmakers SK Hynix and Samsung saw further sharp falls in their share prices. World Business Express - Finance, economy and business news from BBC journalists around the world. The stories that matter: World Business Express brings you the essentials on the fast-changing global economy.
FIFA faces a backlash from UEFA over plans to create a new company with private investors to run major tournaments, including the World Cup. So what could this mean for the future of football? Some of the world's biggest tech companies, including SpaceX and Tesla, have seen sharp falls in their valuations. What's driving the sell-off, and is it likely to continue? Peru has sworn in its first female president. What challenges lie ahead, and what could her presidency mean for the country's political future? (Picture: FIFA President Gianni Infantino arrives at the stadium before the match REUTERS/Agustin Marcarian/File Photo)
South Korea's Kospi index halts trading after huge falls for tech stocks like Samsung and SK Hynix. Are investors starting to fear the arrival of Chinese AI chipmakers? Also, firefighters in France and Spain are continuing to battle wildfires that have forced hundreds of thousands of people from their homes and seen tens of thousands of businesses forced to close. And one of London's most iconic landmarks is looking for an apprentice.
From Barcelona to Mallorca, anti-tourism protests have spread as residents say booming visitor numbers are driving up costs and putting pressure on local communities. Wildfires are threatening France's famous Bordeaux wine region, with tourists urged to stay away as the flames spread. And why Germany is making it harder for workers to call in sick. (Picture: A demonstrator carries a placard during a protest against mass tourism and gentrification in the Balearic Islands, in Palma de Mallorca, Spain, Credit: REUTERS/Francisco Ubilla)
Wildfires are disrupting businesses, transport and tourism across France and Spain at the height of the summer holiday season. Also in the programme, China's leading memory chip maker makes a blockbuster stock market debut. And Indonesia faces fresh economic uncertainty after the surprise resignation of its central bank governor.
Paramount agrees to pause its Warner Bros deal after dozen US states seek to block this deal. We look at the impact of US tariffs of between 10 and 12.5% on imports from many of America’s major trading partners. And how OpenAI's recent rogue attack on a fellow company may influence other AI firms to look at their cyber security systems. (Picture: GV of American landmark the Hollywood sign, Hollywood Hills, LA, California. Credit: BBC)
New import taxes have been placed on more than 60 trading partners of the United States. Businesses in Australia and Norway give us their reaction Tech stocks continue to struggle and should AI have a 'kill-switch' Presenter: Barbara George Editor: Justin Bones
US President Donald Trump has announced 10-12.5% import taxes for 60 countries, including China and the EU. It comes months after the Supreme Court overturned his initial programme of tariffs. So what countries are being targeted now, and why? As Houthis in Yemen resume attacks in the Red Sea, oil hits $100 a barrel once more. And weeks on from Venezuela's devastating earthquakes, the World Bank estimates the country has seen almost $20 billion of damages. (US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's tariff ruling, February 20, 2026. Credit: Reuters/Elizabeth Frantz)
The price of oil has gone back above $100 a barrel which could mean higher prices at the pump. It's after attacks on at least one tanker in the Red Sea by Iranian-backed Houthis Plus a shortage of eggs in Myanmar has led to prices soaring and the footballers rewarded for winning the world cup in Tomatoes Presenter: Gideon Long Senior Producer: Naomi Rainey Editor: Justin Bones
Why OpenAI technology 'went rogue'? According to IT giant, some of its most advanced AI models went rogue and hacked a start-up after it lost control of them during a security test. Russia is feeling the economic impact of its war with Ukraine after drone attacks destroyed warehouses belonging to the country's biggest online retailer. We hear from the business owner who lost all her money. And we look at why Japan is urging men to wear shorts to work. (Picture: OpenAI says AI agent exploits vulnerabilities in security test, Berlin, Germany - 22 Jul 2026. Credit: EPA/Shutterstock)
New 25% US tariffs on selected Brazilian imports are raising trade tensions. What impact could they have on Brazil's economy? Also in the programme Malaysia's ambition to become Southeast Asia's next data centre powerhouse. And why a campaign encouraging Japanese office workers to wear shorts is causing controversy. Presenter: Gideon Long Producer: Barbara George Editor: Naomi Rainey.
The US administration is hitting its neighbour Canada with a 50% tariff on imports. Products include wine, cement and even hockey sticks. We speak to Canadian businesses about how they are preparing for the latest round of tariffs. Also, President Trump has promised to help Lebanon "a lot" during a landmark meeting with his Lebanese counterpart in Washington. We hear from a food importer about what it is like doing business in the country. Elsewhere, we check in with a football fan from Curaçao to find out how much a trip to the World Cup cost him. And weight-loss drugs are a multi-billion-dollar industry. We explore why its two biggest players are heading to court. (Photo: Canada's Prime Minister Mark Carney speaks after touring General Dynamics, a defence manufacturing facility, on the day he announced new measures to strengthen Canada's defence capabilities in London, Ontario, Canada, 16 July, 2026. He wears a navy blazer and a white shirt, with a light blue, patterned silk tie. Credit: Carlos Osorio/Reuters)