Global business and finance news and discussion from the BBC.
This podcast currently has no reviews.
Submit ReviewHours before the US elections we take a look at the different economic routes proposed by Donald Trump and Kamala Harris, and their differing views on taxes, tariffs and inflation. A lot of money has been spent on campaigning and advertising. We find out how much. And what does the US presidential election mean for world trade? We hear from our correspondent in the US. Rahul Tandon discusses these and more stories with two guests on opposite sides of the US: Peter Morici, Economist at the University of Maryland, and Allie Garfinkle, Los Angeles-based Senior Finance Reporter at Fortune.
On today's programme, job growth and housing affordability are front and centre as Trump and Harris visit Michigan and Wisconsin. In Botswana, a new political era unfolds as the long-dominant ruling party is replaced, primarily due to falling global diamond demand. Also, what ever happened to the classic Tupperware party? And how much wealth exists worldwide? Roger Hearing is joined throughout the programme by Mandi Woodruff, Co-host of the Brown Ambition podcast - who's in New York, and Peter Ryan, ABC's senior business correspondent, also in New York.
With the U.S. election in its final stretch, Roger Hearing examines how the economy might sway voters at the polls. Also on the programme, Boeing aims to resolve a costly strike by presenting a fresh offer to its main union. And we explore why concerns over AI costs are weighing down big tech. Roger Hearing is joined by Katia Dmitrieva, Bloomberg’s Asia Economics Correspondent in Hong Kong, and Alexander Kaufman, a Senior Reporter for the Huffington Post in New York.
Kamala Harris and Donald Trump are making whirlwind tours of key battleground states in the final week of campaigning. Opinion polls show the candidates are neck and neck. Rahul Tandon looks at the swing state of Michigan and examines what really matters to voters there.
In the UK, the Chancellor has delivered the first budget of the new Labour government. It was seen as a key moment for the economy, with some describing it as the most important budget for years as the government raised taxes by over $50 billion. Also, millions of people will be celebrating Diwali which can lead to an increased demand for gold. But with the price at record highs is demand for gold falling?
Rahul is joined by Dana Peterson, Chief Economist at global nonprofit thinktank The Conference Board, and Tony Nash CEO and founder of Complete Intelligence.
The European Commission has given approval for steep tariffs on electric vehicles made in China. It closes an investigation which started a year ago. They will remain in place for five years.
We examine why there is such a high unemployment rate in one of the key swing states in US ahead of the Presidential Election. Our focus is on the swing state of Nevada, and some of the concerns of the people living there.
Homeware giant Ikea, says it will put money into a planned hardship fund for victims of the former communist regime in East Germany. This includes political prisoners who were forced to make Ikea products.
Presenter Rahul Tandon discusses these and other global business stories with Mehmal Sarfraz a journalist based in Pakistan and Emily Peck the Markets correspondent for Axios based in New York in the US.
Japan’s Prime minister Shigeru Ishiba has said he will not step down despite failing to win a majority in Sunday's elections. We examine the market’s reaction to the loss and look ahead to whether the opposition parties could form a ruling coalition.
We look at Pennsylvania, one of the crucial swing states that may decide US the election. Rahul Tandon examines the shifting voter demographics in industries such as steel manufacturing and trucking. Also, in Germany, Volkswagen plans to close three plants, lay off thousands of workers and cut pay by 10%, according to trade unions in negotiations with the car giant.
Rahul is joined by Stephen Nagy, Senior Associate Professor at the Department of Politics and International Studies, International Christian University, Tokyo and Anneke Green - Republican Political Strategist at Reach Global Strategies and former political speech writer.
Iranian media say several explosions have been heard in the capital, Tehran, and the neighbouring city of Karaj. We look at the current situation in Middle East conflict.
Also, Japanese voters are getting ready to take part in the country's General Election on Sunday. How will it affect Japan’s economy? We speak to business owners and find out what do they expect from this election?
And we look at the US election campaign in Texas, plus we learn about the very first online banner ad which went live exactly 30 years ago.
You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Canada has just announced plans to change its migration policy. The government will reduce permanent residency by 21% from 2025. Migration is a global political issue but it is also an economic one. We get the reaction from the Canadian chamber of commerce Diana Palmerín Velasco.
Also, Rahul Tandon looks at the US economy and speaks to democratic economist Bharat Ramamurti.
And we find out how potential US tariffs on China could impact businesses.
You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Boeing workers vote on pay offer on Wednesday. Workers downed tools six weeks ago after rejecting initial pay offer. They’ve been offered a 35% pay increase, over the next 4 years.
Also, Tesla’s share price jumps after its 3Q results beat market expectations. We hear from Stephen Moore, an economist and an advisor to Donald Trump’s 2016 Presidental campaign. Plus we have a report about migrants on the US/Mexico border. And we hear why France is home to both haute cuisine and fast food.
You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Former president Donal Trump has held a rally in North Carolina US police arrested former Abercrombie and Fitch boss Mike Jefferies on suspicion of sex trafficking Finance ministers and central bank chiefs from around the world gather in the US for the annual meeting of the International Monetary Fund and World Bank. We hear from the BBC’s Faisal Islam
Israel claims a bunker under a Beirut hospital holds hundreds of millions of dollars belonging to Hezbollah. The hospital has been evacuated Brazil,Russia,India,China and South Africa, also know as BRICS, are set to have a summit meeting this week. The BBC’s Steve Rosenberg tells us more And the worlds largest entertainment company Disney, has announced its CEO’s successor will be announced in 2026
The Cuban government has declared an energy emergency after a huge power cut led to the failure of supplies across the entire country. The blackout came after the Antonio Guiteras power plant in Matanzas - the largest on the island - went offline. The government had already suspended all non-essential public sector services in an effort to conserve supplies. President Miguel Diaz-Canel blamed the decades-long US embargo against his country for the problem.
Meanwhile, in China, latest GDP figures show the slowest growth since early 2023. Rahul Tandon examines what's contributing the country's sluggish economy. The global food industry is growing rapidly - some estimates say it’s now worth more than $10 trillion. But there are growing concerns about how healthy some of that food is. The UN has stepped in, detailing what they want global food producers to do about food labelling.
Also, families of fentanyl victims in the US have asked their government to place tariffs on China - for what they say is its role in the opioid crisis. They have submitted a petition seeking trade countermeasures that include tariffs on a range of Chinese merchandise.
Rahul is joined by Katia Dmitrieva, Bloomberg Asia Economics Correspondent, and Andy Uhler - Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.
Leanna Byrne looks ahead to China's third quarter growth figures.
Beijing's target for this year is 5% but most analysts say it will be missed, despite the recent announcement of a number of fiscal stimulus measures.
Leanna is joined throughout the programme by James Mayger, Bloomberg's Senior Reporter who specialises in the Chinese Economy, and Hayley Woodin, Editor in Chief of Business in Vancouver in Canada.
Ed Butler discusses why Italy has decided to criminalise couples who pay for a surrogate birth. Elsewhere in the U.S, we find out from retailers what they want to hear from the new incumbent in the White House. And finally, have you ever found yourself unwittingly paying for a subscription that you thought was free. We are joined throughout the programme by Yoko Ishikura, Professor Emeritus at Hitotsubashi University in Japan and Allie Garfinkle, Senior Finance Reporter at Fortune based in L.A.
Ed Butler is joined by Stefanie Yuen Thio, joint managing partner at TSMP Law in Singapore and Sergio Guzman, director at Colombia Risk Analysis in Colombia.
We explore the IMF's prediction that global sovereign debt will exceed $100 trillion by the end of the year.
We also look into reports that biotech firm 23andMe may be on the brink of collapse. Once a tech industry favourite, the company now faces legal challenges and questions about its business model.
Plus, we follow Kamala Harris on her campaign trail in Georgia, where she's focused on energising Black and Latino voters.
We hear from a a Nobel prize winner - James Robinson - who has received his award today for research into why poor nations stay poor, and others thrive.
We get the latest from the US election campaign trail with our reporter Monica Miller, as the focus turns to Pennsylvania.
We also remember Lily Ledbetter, the US equal pay pioneer, who's just died at the age of 86.
Ed Butler is joined by Maggie McGrath, the editor of Forbes Women, who is in New York, and Karen Percy, freelance business reporter in Australia.
Boeing cuts 17,000 jobs, scaling back 10% of its workforce. Roger Hearing finds out what this means for the embattled aviation maker.
Elsewhere, in China, all eyes are on the new government stimulus package aimed at boosting the slowing economy.
We also dig into the U.S election, and whether Florida can afford a large scale rebuilding program after hurricane Milton
And finally, the Authors Guild is working on a new certification for books to distinguish work authored by humans from that produced by AI…
Hundreds of thousands are left without power after Hurricane Milton. Fallen power lines, a lack of drinking water, and fallen debris remains.
In Portugal young people could be in for a tax break next year. It’s the Portuguese's governments attempt to stop young people leaving to work elsewhere.
In Peru many businesses are close due to a 72-hour strike by bus and taxi drivers. They are protesting against widespread extortion rackets.
Several million people in Florida have been told to evacuate ahead of the arrival of latest storm which is expected to make landfall on Wednesday night. We ask residents and business owners how are they coping?
And we hear from Jon Holden, the president at IAM union District 751 as Boeing workers are continue strike.
You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!
Hurricane Milton is due to make landfall in the western part of Florida over the next 24 hours. We are in touch with local business owners who have to shut down.
Also, we look at the China's economy with David Daokui Li who was former advisor at the People's Bank of China. We find out why 13 states in the US are suing TikTok.
You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
Senior officials from China’s main economic planning agency will report soon on implementing key policies to boost the country’s economic growth. Erica Tay is Director of Macro Research at Maybank Investment Banking Group, she explains how the government plans to stimulate the economy.
Also, in the programme, an important ruling for FTX customers - all set for refunds but not all customers are happy - we find out why.
Join us for our weekly roundup where we analyse the unexpected rise in US job numbers with specialist guests from the US and New Zealand.
Austrian activist Max Schrems discusses his pivotal win against Meta, reshaping the use of personal data in EU advertising.
And finally, we examine France's reversal of its ban on the use of "steak" for vegetarian products, following pressure from vegan groups.
Andrew Peach discusses these and more business stories from around the world with journalists Mehmal Sarfraz and Alison van Diggelen.
OpenAI's value surges to $157bn in funding deal where the maker of ChatGPT raised $6.6bn from a pool of investors that include Microsoft. We also hear from North Carolina, where damages caused by hurricane Helene could have serious implications for the tech-industry. And we take a look at the effect that the latest conflict in the Middle East is having on Israel’s economy.
Andrew Peach discusses these and more business stories with two guests on opposite sides of the world: Walter Todd, Chief Investment Officer at Greenwood Capital in California, and Stefanie Yuen Thio, Joint Managing Partner at TSMP Law in Singapore.
The attacks come after Israeli troops invaded Lebanon, in a ground operation against Hezbollah. Thousands have crossed from Lebanon to Syria seeking shelter. What could this mean for these countries whose economies are already struggling? Also, what will Mexico's first female president do for the country's economy? Plus, Canada’s international trade minister talks about fears of ending up in a trade war with China.
Andrew Peach is joined throughout the show by Hayley Woodin, editor in chief of Business in Vancouver, Canada, and David Kuo from The Smart Investor in Singapore.
The Israel Defense Forces launches a "limited, localised and targeted" ground operation against Hezbollah in southern Lebanon. We get the latest.
US ports brace for shut down as dockworkers strike is set to halt container traffic along the east and gulf coasts. We look at the numbers.
The markets haven't welcome the arrival of Japan's new Prime Minister, Shigeru Ishiba. We find out why. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: freelance journalist Fermin Koop in Argentina, and Zyma Islam, a journalist for The Daily Star in Dhaka in Bangladesh.
Israeli warplanes have launched new attacks on buildings in south Beirut where the military says Hezbollah is storing weapons. Israel strikes Beirut buildings after reportedly targeting Hezbollah’s leader Hassan Nasrallah.
Elsewhere, in Myanmar, the military junta made a surprise offer to hold talks with rebel groups on a political solution to the country’s nationwide armed conflict. Ethnic armed groups sceptical of this offer have rejected it. Devina Gupta looks at the civil war’s impact on the country’s economy. And, India’s gold imports tripled in the month of August, according to the World Gold Council. Gold prices recently hit an all-time high. But why are prices rising?
Devina is joined by Nga Pham, freelance journalist and filmmaker in Taipei and Andy Uhler - journalism fellow at University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.
Japan's ruling Liberal Democratic Party will choose its new leader on Friday, after Prime Minister Fumio Kishida’s surprise announcement that he’s stepping down. Who are the candidates jostling to replace him? And how will their policies effect the economy and wider region?
Elsewhere, Spanish unions have taken to the street in support of a law that would shorten the workday. They gathered around the country to put pressure on the national employer’s confederation to back the law, which would reduce the working week to 37.5 hours. Elon Musk has been snubbed by the British government and will not be invited to the inaugural International Investment Summit attracting investment to the UK. Rahul Tandon finds out more. And in the US, Meta has announced Hollywood celebrities will be voicing their new AI chatbots. Is this a marketing gimmick or the future of AI?
Joining Rahul is Karen Percy, a freelance journalist in Melbourne and a South Korean scholar, lawyer, and consultant Jasper Kim with the University of Melbourne.
Pakistan has welcomed a $7bn IMF bailout package as the country emerges from one of its worst economic crises. Now, the government has increased its efforts to raise nearly $46bn in taxes for the year - we hear from Pakistan’s business community and a former finance minister about what’s next for the country.
Elsewhere, in the US, plane maker Boeing faces more turbulence after a warning from the safety regulator, which has told US politicians that they won't let the company boost production until it addresses a series of issues. Meanwhile, Rahul Tandon speaks to a key player at New York Climate Week about what companies are really doing to reach net zero. Is it enough? And we ask where the US economy is heading, as the main presidential candidates set out their vision for the economy.
Rahul is joined by Emily Peck, markets correspondent at Axios in New York and Mehmal Sarfraz - journalist and co-founder of The Current in Lahore.
Markets react to China’s stimulus. Its Chinas biggest stimulus since the global pandemic in 2020 Crowdstrike gets a grilling from US regulators. Senior executive Adam Meyers told a US Congressional committee that Crowdstrike ensures it could never happen again. Airstrikes have continued for a second day in Lebanon, we look at how it’s affecting air travel.
We hear from Lebanon's business community as it comes under sustained Israeli bombardment Questions about the future of the giant tech company Intel and whether it might be bought up in a huge Wall Street deal
And what's behind Washington's plans to ban Chinese tech in cars? Israeli airstrikes have hit Lebanon. The Death toll has risen to over 500
Tensions continue to rise in Lebanon and there is growing fear of escalating conflict between Hezbollah and Israel. Over the past decade Lebanon’s economy has shrunk dramatically, the currency has collapsed, and prices have skyrocketed. We hear from Lebanon's business community on how they are coping in the current climate and look at what this means for the wider Middle East economy.
In the US, Leanna Byrne looks at the Boeing production workers strike, which has already racked up over half a billion dollars in losses. More than 30,000 employees are now in their second week of protesting, fighting against cuts to bonuses and pensions. A Kenyan court has ruled that Facebook's parent company Meta can be sued over the dismissal of content moderators. These workers say they were fired for trying to form a union and that they were blacklisted from new jobs when Meta changed contractors. Could this ruling impact how big tech companies manage outsourced workers?
Leanna is joined by ABC's senior business correspondent Peter Ryan and chief economist at The Conference Board, Dana Peterson.
Under the shadow of conflict is normal life possible in Lebanon? The country has had a major economic crisis for almost a decade, and there is growing fear of escalating conflict between Hezbollah and Israel. We hear from Lebanon's business community on the challenges of working under the shadow of increasing violence.
Roger Hearing looks at the ongoing legal dispute between Brazil and the social media platform X. The company, which has more than 22 million users in Brazil, has appointed a new lawyer who has told the BBC that the company has decided to comply with all the court orders. And in Japan, Nintendo and its partner The Pokémon Company have filed a legal case against the maker of the hit adventure game Palworld over alleged patent infringement.
Roger is joined by Emily Feng NPR’s international correspondent in Taipei and Alexander Kaufman, senior reporter at HuffPost.
A half point reduction in interest rates has seen the cost of borrowing in the US come down. We talk to experts, businesses and a realtor to find out if the first cut to Federal Reserve rates in four years is the right step for the world's biggest economy. Plus, social media platform X is available again for users in Brazil, following a ban by judges. How long will their workaround last? And in the UK, voters have discovered their prime minister is paid less than his civil-service chief of staff. What's the best formula for paying politicians.
Hezbollah blames Israel after exploding pagers kill nine and injure thousands in Lebanon. The US Federal Reserve is expected to cut rates for the first time in four years. And we learn why Norway is racing ahead with electric vehicle sales.
Sri Lanka prepares to go to the polls and Tik Tok takes to the courts to fight attempts to make it divest itself of its Chinese owner. Also, the West Bengal festival which may have to forego its favourite fishy treat and could your car be yet another front for the digital advertisers?
Amid many economic challenges, the government in Islamabad wants to ensure it keeps its IMF support, brings down inflation and avoids a debt default.
Also, we examine how China can produce electric vehicles for under $20,000 and why Elon Musk's social media company X is moving its headquarters from California to Texas.
The property crisis in China hits stock market with the lowest record in the last 5 years. A grim reflection of how investors selling shares is hearting the economy. What will happen next?
Also, why the historic downturn of the Paraguay River can play crucial role for the Paraguayan economy? And what future can we see in the space travel business?
Business reacts to US Election Debate. The fiery debate took place last night in Pennsylvania. Vice President Kamala Harris made her stance on fracking clear. Thousands of people have been evacuated from low- lying areas in the Vietnamese capital, Hanoi, to escape rising floodwaters. And there have been strikes, protests and demonstrations as a bill in Mexico is passed making judges elected by popular vote rather than appointed.
Kamala Harris faces former President Donald Trump in a first TV presidential debate in the US. It is likely to be the only one before Novembers Election, and will give voters a chance to hear both candidates set out their policies.
China has taken a further step toward raising its unusually low retirement age benchmarks this week. Pension and health care systems are struggling to cope at a time when women are having fewer babies.
The European Union's competition commissioner rules Apple must pay 14 billion dollars in what it says are unpaid taxes. Presenter Ed Butler looks at the fallout from these decisions and is joined by Alison van Diggelen, who's in California, and Andy Xie, who's in Shanghai.
Former Italian Premier and former ECB chief Mario Draghi has authored a European Commission report calling for €800 billion euros of additional annual investment. The report says the EU needs a new industrial strategy for Europe to avoid a decline in living standards.
The iPhone 16 has just launched, but Apple's sales of this famous handset have not been stellar of late. Cheaper and some say equally smart rivals are making their claims on consumer attention these days. So how has Apple, one of the world's biggest firms, responded?
Also in the programme, presenter Ed Butler looks at China and concerns it could it be entering a dangerous deflationary spiral. China's industrial producer prices had fallen by nearly 2 per cent in the last 12 months. Ed is joined by Economist at the University of Maryland Peter Morici, and Sushma Ramachandran independent journalist and columnist with the Tribune newspaper in Delhi.
The US Secretary of State, Antony Blinken, visits Haiti. The country is under a state of emergency as gangs try to expand their control over the capital, and other regions. We get the latest.
As Elon Musk's X is banned in Brazil, rival BlueSky gains ground in the South American nation. We talk to its CEO, Jay Graber.
Four years after being left paralysed by the Covid-19 pandemic, has the cruise ship industry fully recovered? We find out.
And we get an insight on how airplane seats are made.
Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Emily Peck, markets correspondent for Axios, in New York, and James Mayger, Bloomberg's senior reporter, in Beijing.
Reports in the financial press on Thursday suggest President Joe Biden is set to block Nippon Steel’s acquisition of US Steel Bangladesh’s Prime Minister, Sheikh Hasina fled the country a month ago in response to mass protests over corruption and the alleged killing of political opponents. The BBC's Nikhil Inamdar has been looking at the challenges facing its economy And China’s President Xi Jinping hosted a lavish banquet on Wednesday in Beijing for more than two dozen African leaders, kicking off the Forum on China-Africa Cooperation
Nvidia shares fall by 9.5%
Chinese car giant BYD may put its plans to build a factory in Mexico on hold until after the US Presidential election.
The new album ‘brat’ by pop start Charlie XCX has been a cultural zeitgeist this summer.
Today the singer posted on social media to say "goodbye forever brat summer".
Campaign donations have been a key feature of the 2024 US election. Since Kamala Harris entered the presidential race huge donation figures have been widely reported in the media. One Republican donor tells us why he’s hoping for a Trump win. We examine where campaign donations are coming from and how decisive they might be in this election.
Also in the programme, Rahul Tandon looks at the protests and general strike in Israel following the death of six hostages held by Hamas and speaks to the business owner encouraging his workers to strike.
He’ll be looking back at Mexico’s President Lopez Obrador’s economic record as he prepares to leave office and discussing dynamic pricing and the best way to price concert tickets.
Rahul is joined by senior freelance reporter Karen Pearcy and Allie Garfinkle, senior finance reporter at Fortune.
The social media platform X has been suspended in Brazil. A Supreme Court judge has ordered "immediate and complete suspension" across the country
In Libya the head of the central bank has fled the country in fear of his life. Sadiq Al Kabir and his senior staff claim they were forced to leave following death threats by militias.
And in Bangladesh this week incessant rains there has led to flooding in many low lying areas. This has not only led to displacement of tens of thousands of people but also disrupted work at the garment factories there which are now struggling to complete orders on time.
Donald Trump campaigns in Michigan and Wisconsin. He won these states in 2016 but lost them in 2020.
Singapore is trying an interesting experiment to support its ageing and experienced workforce
And fans of the hit HBO TV series 'Industry' are in for a bumpy ride as series three returns - with a focus on ethical investments
The AI boom has seen huge demand for the firm's advanced technology, though there have been concerns over when its next-generation chips will be ready.
Also, how did Qantas boss Valerie Hudson score on her first set of full-year financial results since taking over?
And why video game actors are striking in Hollywood.
What does the willingness of Americans to go out and spend mean for the rest of the world? Meanwhile, there are concerns about the jobs market.
Also, in the programme, Roger Hearing finds out why Estonia's justice minister wants to rent out unoccupied prison cells. And as Paris 2024 gets underway, we ask are Paralympic athletes getting the financial sponsorship they need?
Telegram is one of the world's biggest social media and messaging platforms. We examine why French authorities arrested its Russian-born boss.
Plus, IKEA is trying out a second-hand furniture marketplace.
And the business opportunities from an ageing population in India.
There are economic concerns as US jobless claims have increased and housing affordability has worsened.
Millions are struggling in Cuba, with reports of severe power cuts lasting over 12 hours.
And is Saudi Arabia hosting the Esports World Cup just an example of 'sportswashing'?
We hear how the Democratic presidential nominee has supercharged the party's fundraising, as she prepares to address its National Convention.
Also, Canada's government has moved swiftly to end a dispute which halted freight trains.
And how Apple will let users in the European Union choose default apps.
Roger Hearing is joined by Alison Van Diggelen, host of the Fresh Dialogues interview series in Silicon Valley, and Han Lin, China Country Director at the Asia Group in Shanghai.
Gold prices hit new record high as investors pile back into the commodity ahead of expected interest rate cuts in the US. We look into the details.
PwC China has told clients it expects a six-month business ban to be imposed by Chinese authorities as early as September. We hear about the reasons.
Also in the programme, we find out why protesters in Serbia are against a lithium mine that could cover 90% of the metal's demand in Europe.
Ed Butler discusses these and more business stories with two guests on opposite sides of the world: Anneke Green, US Republican Political Strategist at Reach Global Strategies, and Nicholas Gordon, Associate Editor of Fortune magazine in Hong Kong.
The Democratic National Convention continues, with Barack and Michelle Obama expected to address the public. We get the latest.
A federal judge in Texas has barred a US Federal Trade Commission rule from taking effect. It was meant to ban agreements that prevented workers from joining their employers' rivals or launching competing businesses. We get the details.
'Black Myth: Wukong', a new game made by Chinese developers, has become one of the most played ever on one of the top gaming platforms. We hear about the game's plot, and why it's so popular.
Tesla's Chinese-made electric vehicles imported into the European Union will be subject to lower tariffs than those produced by competitors. We listen to the EU's arguments, and look at the implications this can have on the European market.
Ed Butler discusses these and more business stories with two guests on opposite sides of the world: David Kuo, financial analyst and the co-founder of the Smart Investor based in Singapore, and Emily Peck, markets correspondent at the Axios news website. .
The Democratic National Convention kicks off in Chicago, in a four-day event that will see Kamala Harris formally confirmed as the party's presidential candidate. We hear from correspondents on the ground. The government in Nicaragua has outlawed 1,500 civil society groups in one day. They're accused of failing to report their finances and face the confiscation of all their property. We hear about the economic implications. And British tech entrepreneur Mike Lynch is among the missing along with his 18-year-old daughter after the superyacht they were sailing in sank in Sicily. We get the latest. Ed Butler discusses these and more business stories with two guests on opposite sides of the world: Angel Zhong, an Associate Professor of Finance at RMIT University in Melbourne, and researcher on technology and ethics Stephanie Hare, in London.
Kamala Harris has outlined her economic programme ahead of the US presidential election in November. She discussed what the so called "opportunity economy" would mean for Americans, and in particular the middle class, while also addressing the key issues of the campaign – rising health care prices and food inflation.
Staying with the US, we speak to the new mayor of Chicago, Brandon Johnson, as the city prepares to welcome thousands of officials, journalists and others for the Democratic National Convention. There’s concerns that any celebrations over Kamala Harris’ nomination will be impacted large-scale protests against US support for Israel in Gaza.
Rahul Tandon hears how week-long protests throughout India – calling for protection, accountability and capital punishment – after a junior doctor was raped and murdered at work, may lead to a nationwide strike.
The English Premier League is the most-watched sports league in the world, broadcasting in 212 territories to 643 million homes, with a potential TV audience of 4.7 billion people. But as the new football season kicks off, we find out why people in Peru support Manchester United rather than their local club sides.
And how much of an issue is over-tourism becoming? Will Bain has been talking to Sebastian Ebel, the chief executive of TUI, one of the world's biggest travel companies, after recent protests in Mallorca and Greece against platforms like Airbnb.
Global business news, with live guests and contributions from Asia and the USA.
It's been a landmark day in the US, particularly for the millions struggling to afford vital health care medicine. But why is there about to be a fall in the price of many drugs? Rahul Tandon speaks to a health policy professor in Tennessee.
Meanwhile, as Sweden's confirmed the first case of the new Mpox variant outside Africa, we hear from Paul Chaplin, of drug manufacturer Bavaria Nordic who are the main producer of the vaccine, on whether there's enough of the vaccine to fight the disease.
We discuss the problem's facing India's economy, where issues of women in the workplace are back in the spot light after the rape and murder of a female doctor in Kolkata.
Elsewhere, are food halls being used to increase the value of surrounding offices and apartments in cities and towns globally. Devina Gupta discusses a growing trend in the US where nearly 400 are now in operation.
And we look at why the process of getting elected, which is hard work at the best of times, has become a disaster in the most unexpected way for hundreds of candidates in Australia.
Global business news, with live guests and contributions from Asia and the USA.
New data shows inflation in US is slowing down. Will it mean the US central bank will cut interest rates in September? We speak to a panel of guests sharing their thoughts. Sticking with inflation numbers and China is braced for an economic slowdown ahead of todays data release.
Meanwhile Japan is set for a new Prime Minister as Kishida bows out as party leader.
And – who do you turn to when Waymo self-driving cars start honking at each other in a parking lot situated within a neighbourhood – we hear from one resident.
Starbuck replace boss after sales slump, prompting a sharp rise in its share price. Also, we speak to James Peak, Banksy superfan and presenter of the BBC Sounds podcast The Banksy Story, about the new Banksy artworks that have been cropping up all over London. E-scooters have been banned in the Australian city of Melbourne after much controversy. The BBC’s Katy Watson tells us more.
Russia evacuates twenty five thousand citizens in the Kursk region
The curtain has closed on the Paris Olympics. We look to LA, where it is heading next
Elon Musk interviews Donald Trump
And Disney has announced it will invest $60 billion in new experiences over the next ten years - a key part of its strategy to keep the parks fresh and relevant in a competitive segment.
Fedecamara, the Venezuelan Federation of Chambers of Commerce, calls for transparency in election results to help businesses recover markets' trust and attract foreign investment. We talk to its president, Adan Celis. Voiceover and movement actors continue striking in the US. They want the videogame industry to agree to pay performers when their work is used by AI to generate new scenes. We hear from one of the union's negotiators. Colombian policymakers are pushing a bill to ban merchandise featuring the late drug lord Pablo Escobar, who has become a local attraction for international tourists in the last decade. We hear about the consequences this could have on tourism. Roger Hearing discusses these and mores business stories with two guests on opposite sides of the world: Peter Ryan, ABC's senior business correspondent in Sydney, and Gaby Castro-Fontoura, the Director of Sunny Sky Solutions consultancy in Punta del Este, Uruguay.
Nobel laureate Muhammad Yunus is sworn in as leader of Bangladesh’s interim government days after Former Prime Minister, Sheikh Hasina fled across the border to India. We get the latest. As US voters prepare to elect their new president, the cost of housing remains one of the main topics in the agenda. We take a look at the challenges Americans face to get on the property ladder. And Nasa is rushing to bring back to Earth two astronauts who blasted off on a test mission to the International Space Station, and whose spaceship is now considered unsafe for the trip back home. We hear how Elon Musk’s SpaceX might have the solution to Nasa’s problem. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Zyma Islam, a journalist for The Daily Star in Dhaka, Bangladesh, and Alexander Kaufman, a senior reporter with the Huffington Post in New York.
The Harris campaigned has raised $36m the day after announcing Walz as her running mate. As they both head to Detroit for their latest rally Roger Hearing finds out how far their momentum is going in the swing state of Michigan.
We hear how a tribe who live in the Bolivian rainforest may live a far healthier life than people with far more material wealth.
And how much do Olympians really get paid if they win a gold, silver or bronze medal?
A major Democratic party donor in the US tells us why adding Minnesota Governor Tim Walz to the Harris presidential ticket is the right pick for the party.
We find out who is being lined up as Bangladesh's interim leader and what they want for their economy.
And Uber was once a company synonymous with government rows but have managed to ride out the market storm - one taxi ride at a time.
Weak economic data from the US has fuelled speculation that the world's largest economy is slowing. In London, the FTSE 100 fell and stocks in Asia have tumbled. We take a look at what is perplexing investors around the world.
The Bangladeshi Prime Minister Sheikh Hasina has resigned following weeks of deadly anti-government protests. We find out how the crucial garment and textiles industry has been impacted.
And how product placement is being used at the Olympic Games in Paris after one brand became highly visible during the opening ceremony.
Apple and Amazon have released their quarterly results, which were below expectation. Intel shares sank after the markets closed.
Several people have been shot dead, dozens wounded in the northern Nigerian city of Kano during some dramatic protests about the rising cost of living in the country.
On social media, a group of US journalists complained that their current employer, The Chicago Tribune, could replace them with AI
The U.S. Trade Representative's office said tariff increases on an array of Chinese imports will be delayed by at least two weeks. It will affect many industries including judiciary and trade. We hear from the President and CEO of the American Association of Port Authorities and still trader.
Also, in the programme, Ed Butler looks at the ongoing protests in Venezuela following Sunday’s Presidential elections, and finds out how the US sanctions are affecting Georgia.
Protests in Venezuela have been met by violent repression, as critics question the validity of election results that were declared in favour of the incumbent President Nicolas Maduro, who has presided over almost a decade of economic collapse. We'll get the latest from Caracas.
Also, Microsoft's earnings for this quarter are up, but its cloud arm underperformed.
And what 's happened to US consumer confidence, on the day before the Fed decides whether to lower interest rates?
The people of Venezuela face an uncertain future as president Nicolas Maduro claims victory in its presidential election - but the opposition has reacted with fury, and is claiming foul play.
So what does this mean for citizens and businesses?
And we hear from the widow of the pilot who died when Boeing 737 Max crashed.
A tumultuous week in US politics raises questions about the November elections.
Presenter Roger Hearing explores what lies ahead for Venezuela as the government and opposition pledge to fix the struggling economy before the elections.
Hollywood faces another actors' strike, this time over voiceover work in video games.
It’s a race against time in the Philippines as officials rush to contain what could be the worst oil spill in the country's history.
The US has reported a growth rate of 2.8% so is it enough to signal the end of fears about a recession? Roger Hearing speaks to Bonnie Wilson, Associate Professor, Department of Economics at Saint Louis University.
Also find out why Donald Trump takes centre stage at this years Bitcoin conference. We find out why Mr Trump wasn’t always the staunch crypto supporter he is today.
And, why has a cartoon sequel about emotions become the highest-grossing animated film of all time?
Joe Biden spoke from the White House in his first public address since quitting the presidential race. He said it was time to “pass the torch to a new generation.” We get the latest reaction from Republicans and Democrats. Plus, what could it mean for the contest between Donald Trump and Kamala Harris?
And, we're live in Taiwan as it suffers its worst typhoon in eight years.
Kamala Harris attempts to use people power to try and defeat Donald Trump in the US Presidential Election in October 2024. Presenter Devina Gupta gets reaction to her securing over $100 million dollars in campaign funds so far.
India’s new coalition government unveils its first budget. There are plans to grow the economy by creating new jobs and attracting more investment from abroad.
We hear from an internet service provider in Bangladesh who is trying to keep services going following huge protests over job quotas in the country
Donors offer support to Kamala Harris as she sets out her economic vision if she became president. Presenter Devina Gupta hears from a former campaign manager for Kamala Harris to get a sense of what she stands for.
India’s new coalition government unveils its first budget. We assess how it will play out amongst different groups across the country.
Hundreds of residents of the Balearic island of Mallorca have taken to the streets. They are protesting about the impact of high visitor numbers. They say this is making it hard for local people to buy property.
This Friday was one of the least easiest for many people across the globe. A raft of global institutions - including hospitals, major banks, media outlets and airlines - have reported a mass IT outage, affecting their ability to offer services. Delays are still ongoing at many of the major world airports after thousands of flights were cancelled.
Devina Gupta finds out how can anyone be prepared for anything like this? And who is going to pay for this IT disaster?
In the US city of Milwaukee, the 2024 Republican National Convention is reaching its culmination. One of the key issues Donald Trump is expected to focus on in his speech is the US economy, pushing further his claims that Joe Biden has mismanaged the cost of living crisis in America. We hear from the former Trump voter.
The crisis in Bangladesh - days of violent protests over job quotas have been followed by an internet blackout.
And Nigeria's president agrees to more than double the minimum wage there.
President Biden tests positve for covid as Senior Democratic congressman Adam Schiff adds his voice to calls from within the party asking him to to leave the presidential race.
Presenter Roger Hearing discusses Donald Trump's comments on funding the defence of Taiwan - and tech stocks tumble over fears about the security of the global microchip supply.
Plus the UK government commits to renationalising the railways - is this a sign of a change in the western mantra that state ownership of business doesn't work?
Elon Musk's decision to relocate SpaceX from California because of a new law which bans schools from requiring staff to disclose information about a child's gender identity
In Bangladesh, the government has shut down all schools and colleges indefinitely, and police have stormed the opposition party's headquarters following the deaths of six individuals in student protests.
Joe Biden has urged a ban on the assault rifle model used in the attempted assassination of Donald Trump. Mr Trump has resumed his campaign after a two-day pause.
Presenter: Rahul Tandon
Presenter Rahul Tandon discusses the announcement of Iowa Senator JD Vance as Donald Trump’s pick to be his running mate in November’s Presidential election.
Rahul speaks to the Democratic Mayor of Milwaukee, the city that is hosting the Republican Party's National Convention.
And the long delayed Third Plenum of the Chinese Communist Party is taking place in Beijing.
Presenter Rahul Tandon discusses President Biden's attempts to carry on and fight in the 2024 Presidential race despite recent gaffes. He faces fresh calls from within the Democratic party to step aside in favour of another candidate. Pakistan has reached a deal with the International Monetary Fund for a seven billion dollar bailout. In return, Pakistan's government has promised to implement reforms and step up efforts to collect more tax. We find out what impact this will have on the country's economy .
Automatic vending machines selling bullets will appear in grocery stores in the United States. We hear from the manufacturer behind the artificial intelligence software who argues it will be more secure than other sales methods.
Rahul Tandon presents with contributions from Alison Van Diggelen in Silicon Valley, USA; and Jyoti Malhotra in Chandigarh, India.
President Biden faces the media in a hotly-anticipated press conference for the future of his presidential campaign - and after a gaffe-filled few weeks.
In Colombia, the President calls for the legalisation of cocaine - saying the armed conflict in his country would end within a day if the UN declared cocaine legal across the world.
Plus the son of Asia's richest person, Mukesh Ambani, gets married - in a four day extravaganza which will bring parts of Mumbai to a halt.
We hear from Betsey Stevenson, Former Economic Adviser to President Obama, who served on the transition team for the Biden-Harris ticket - as the first Democratic Senator publicly calls for President Biden to stand aside as the party's presidential nominee.
Meanwhile the US imposes steel tariffs on Mexico - at least the steel coming from China. We ask whether tariffs are economically the way forward - or backward.
Plus in Greece - new regulations are being introduced to limit the areas on beaches that bars and restaurants can use. The rules are intended to leave enough space for the public, who have complained about exorbitant prices charged by beachfront businesses that restrict their free access.
Rahul Tandon is joined by Fermin Koop in Argentina and Zyma Islam in Bangladesh to discuss the most important and interesting global business and economic stories.
NATO leaders meet in Washington, amid a rising deathtoll in Ukraine and a debate around the future of US President Biden. What's expected from the reunion?
Elsewhere, Vivienne Nunis looks at why car thefts are soaring in Canada, and why the non-alcholic beer market has investors' attention.
It's a make or break moment for US President Joe Biden who has been facing pressure to step aside after his stumbling performance in the debate against President Trump.
Also, in the programme, Devina Gupta looks at the big election showdown in France this weekend. And the boss of Esports World Cup joins us from Saudi Arabia to talk about allegations of Sports washing.
Hurricane Beryl has hit Jamaica, bringing with it catastrophic damage. A number of people have already been killed in the path of the storm, including in Grenada, as well as St Vincent and the Grenadines.
Devina Gupta talks to local business owners and finds out how climate change is impacting insurance companies across the globe.
Also, in the programme, we talk to Austin D. Goolsbee, president of the Chicago Federal Reserve. We also take a look at the UK’s general election and one of the big voter issues - the price of buying a home.
Hurricane Beryl, a category 5 storm is heading towards Jamaica. We hear more from disaster modeller Enki Research
President Joe Biden has called on major drug companies to cut the price of weight loss medication
And Japan will introduce three new bank notes in a bid to combat counterfeit bills
US Supreme Court has ruled that Donald Trump is immune from criminal prosecution for official acts The markets have reacted to far right advances in the French election Lawyers for the families of those who died in two plane crashes in October 2018 and March 2019 have told the BBC they plan to appeal a plea deal offered to plane maker Boeing.
We look at the reaction to the first US 2024 presidential debate between Biden and Trump with Julia Manchester, reporter from The Hill.
Meta threatens to block news content on Facebook in Australia if a law charging them licensing fees is implemented. Roger Hearing speaks to Professor Taylor Owen from McGill University in Montreal, who has studied the effect on media organisations in Canada.
We go to Haiti as Kenyan police attempt to tackle the endemic gang violence there.
And with Roger throughout the programme are two guests on opposite sides of the world - Peter Ryan, ABC's senior business correspondent in Sydney, and Gaby Castro Fontoura, Director of Sunny Sky Solutions consultancy in Uruguay, Punta Del Este.
In anticipation of the first debate, we are joined by expert guests to look at how important these heads-to-heads can be. Will the debate allow Biden to reclaim some of the lost ground? And what do small businesses want to hear from the two candidates?
In Bolivia, factions of the military attempted to enter the presidential palace in what was described as an attempted coup. We dig into what prompted the military assault, and the questions now facing the country's leaders. Elsewhere, Roger Hearing looks at the latest in Kenya following deadly riots. And we hear how small food cooperatives in Spain are taking on major supermarkets.
We hear about the huge demonstrations across Kenya over tax hikes. President Ruto goes on national TV and vows to restore order across the country. Presenter Rahul Tandon assesses the debt problems facing the African nation.
Also on the programme we have an interview with a key economic advisor who has worked with Donald Trump. We hear what the former President’s economic policy might look like if he is elected again.
And extreme heat is causing huge problems across different parts of the world. We have a special report from India about a new insurance policy designed to help poorer workers to financially survive when rising temperatures make working impossible.
The EU has agreed to talks over its plans to put tariffs on Chinese electric vehicles. China has urged the EU to reverse them before July 4.
Elsewhere, some of the world's largest music labels are suing two artificial intelligence firms, claiming they are training their models with copyrighted music. And Rahul Tandon looks at tribute bands' welcome victory with Meta.
A Swiss court has sentenced four members of the UK's richest family to prison sentences ranging from four to four-and-a-half years.
Prakash and Kamal Hinduja as well as son Ajay and his wife Namrata were found guilty of exploitation - usury in the Swiss penal code - and illegal employment.
Also, in the programme, Rahul Tandon finds out how Canadian farmers are coping during the extreme heat and we look at how a deal looks finally sealed to sell Queen's back catalogue...the most valuable in rock.
The inflation is the rate at which prices increases - so when we say the inflation rate is slowing down it does not mean that prices are falling .
So we wanted to discuss why inflation is still so sticky with someone in the US who has been looking at it for some time - someone involved in those crucial decisions on interest rates
Rahul Tandon spoke to Austin Goolsbee President of the Federal Reserve bank of Chicago one of 12 Reserve banks in the US.
Intense heatwaves hit Saudi Arabia, India and Southern Europe. We ask, what’s the impact?
Ecuador has experienced a nationwide blackout
And government debt worldwide is four times what it was in 2000. We hear more from UNCTAD economist Carlos Razo
President Putin has arrived in Pyongyang on a state visit
President Biden has announced a new policy that would protect hundreds of thousands of undocumented spouses of US citizens from deportation.
Boeing's boss Dave Calhoun faces tough questions from lawmakers about the companies culture
United States Surgeon General, Dr. Vivek Murthy, has called for a warning label to be placed on social media platforms advising of the damage to adolescents’ mental health.
In a historic move, the governor of a US state has pardoned more than 175,000 marijuana convictions.
The BBC’s Ed Butler explores ‘over tourism’, where locals feel left out of tourist hotspots
And The Pixar film Inside Out 2 has dramatically exceeded ticket sales predictions on it’s opening weekend, bucking a trend of poor performances from new film releases. We ask why?
Tesla shareholders say Elon Musk is entitled to a $56 billion pay package. after a US court invalidated it.. Presenter Devina Gupta asks how much should the head of one of the world's top tech companies be paid?
Disney and Governor Ron DeSantis of Florida come to an agreement after a feud over $17 billion in planned development at Walt Disney World. Disney say the deal will fuel new investment.
The U.S. Supreme Court has backed Starbucks challenge to a judicial order to rehire seven Memphis employees. They were fired as they sought to form a union.
(Photo: Elon Musk Credit: REUTERS/Gonzalo Fuentes/File Photo)
Shares in several Chinese electric car companies have taken a hit after the European Union imposed new tariffs. The trade barriers have been introduced because the EU says Chinese state subsidies make competition unfair. Our guests from China and the US present their arguments about the on-going issue.
Interest rates in the US remain at a 23-year high and inflation is forecasted to rise. Sam Fenwick finds out how consumers are feeling, and the ways businesses are trying to find extra revenue.
We’re joined throughout the programme by two guests on opposite sides of the world – Tony Nash - CEO of Complete Intelligence, based in Houston, Texas and Karen Percy, senior freelance reporter in Melbourne.
[IMAGE CREDIT: PA]
We begin the show with Hollywood where the future of media giant Paramount Global is uncertain after billionaire Shari Redstone, who holds a controlling share in the company, ended negotiations for a potential merger with Skydance Media. Paramount’s shares have consequently dropped by more than 8%. The decision to end the talks comes after a sales process that many in the industry have described as chaotic.
Away from showbiz, Mexico is grappling with their currency value after the country elected its first female president Claudia Sheinbaum. Her controversial plans to overhaul the judiciary by directly electing top judges has caused the peso to fall 2% against the dollar. It’s lost about 8% since her victory on June 2nd but is a recovery on the horizon? Sam Fenwick finds out why the markets are so concerned about the reforms.
And, we look at how Taiwan is wrestling through an energy crunch to remain the world’s semiconductor powerhouse – but is there enough energy and electricity for chipmakers to sustain its demand?
[IMAGE CREDIT: REUTERS]
We speak to our guests Emily Feng in Taiwan - she is the NPR international correspondent - and Yves Hayaux du Tilly, lawyer and partner with Nader, Hayaux & Goebel in Mexico City. They advise companies on their business in Mexico and Latin America.
This podcast could use a review! Have anything to say about it? Share your thoughts using the button below.
Submit Review