World Business Report

World Business Report

Finland

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

Episodes

Wall Street Update  

Peter Jankovskis from Oakbrook Investments tells us how the market reacted to Hurricane Irma.

Florida Launches Rescue in Wake of Irma  

Emergency teams have gone into action as the storm moves up the state's west coast. Kurt Stephens of restaurant Gator's Crossroads tells us what it was like to be in the eye of the storm. And we hear about the ongoing recovery operation in the British Virgin Islands from Benito Wheatley, director of the territory's London office. Also in the programme, thousands of Catalans have been protesting in Barcelona, vowing to defy Spain's government which ruled a planned independence referendum was unlawful. Our correspondent in Barcelona has been talking to some of the protesters. Shares in the Indian dating site matrimony.com have gone on sale for the first time. Mahesh Murthy is an investor who tells us why he thinks the shares may be overvalued. Plus we find out which movies are capturing attention at the Toronto International Film Festival.

Wall Street Update  

Russell Cleveland from Renn Capital in Dallas looks at the day's trading

Irma Will Be 'Devastating' to US  

Hurricane Irma continues to wreak havoc as it spins across the northern Caribbean. We find out what preparations are being made for the storm in Florida from Philip Stoddard, mayor of South Miami. And we hear from Dr Swenja Surminski, expert on disaster risk reduction at the London School of Economics. Also in the programme, we find out about carmaker Jaguar Land Rover's plan to electrify its model range by 2020. Plus we look back at all the week's big business stories with Matt Campbell from Bloomberg, and Jamie Heller of the Wall Street Journal.

Hurricane Irma Wreaks Havoc in Caribbean  

The hurricane is on a potential collision course with Cuba and southern Florida. Our reporter in Cuba tells us how people on the island are preparing. Also in the programme, the EU's chief Brexit negotiator says he's concerned about the lack of progress in talks with the UK. Our regular economic commentator Roger Bootle of Capital Economics offers a view on whether there can ever be a successful outcome for both sides. We have a report from Abidjan in the Ivory Coast on a bid to expand food production across Africa, and hear from Kenya about hopes to make cassava root a popular gluten-free source of carbohydrates. Plus we hear from music journalist Adam Sherwin of the I newspaper why the UK music industry is proving a huge hit around the world.

Wall Street Update  

Peter Jankovskis of OakBrook Investments looks at the day's trading

Business Backlash on Trump Immigration Move  

Many chief executives are supporting the Deferred Action for Childhood Arrivals programme. We find out what will happen to those protected under the scheme after it expires, from former US immigration judge, Art Arthur. Plus we get analysis on DACA from our regular commentator Irwin Stelzer of the Hudson Institute. Also in the programme, we hear about a Cuban government move to open the first new mine in the country for over 20 years. There have been government raids in Kenya to enforce a new law banning plastic bags. And our reporter Ivana Davidovic explores the tricky etiquette around how best to greet people.

Wall Street Update  

Joe Saluzzi from Themis Trading in New Jersey looks at the day's trading

Putin Brands N Korea Sanctions Useless  

Russia's president warns that 'military hysteria' could lead to global catastrophe. Hank Morris of Industrial Research and Consulting in Seoul tells us how South Koreans are reacting to tensions on the Korean peninsula. Also in the programme, London PR firm Bell Pottinger has been suspended from a trade body for a breach of ethics. We hear the reaction of co-founder Tim Bell, and get the perspective of Mark Borkowski, a British PR agent. We have a report on what cities around the world are doing to cope with the growing threat of floods. An investigation suggests that Azerbaijan's ruling elite has been operating a secret slush fund to pay off European politicians. Transparency International's Advocacy Director Casey Kelso tells us more about the allegations. Plus we find out why profits are down 3% at toymakers Lego, from the company's chairman Jorgen vig Knudstorp.

UN Security Council Discusses North Korea  

We ask how North Korea funds its controversial nuclear weapons programme. Zhao Tong is a Beijing-based analyst, and Paul French is the author of North Korea: State of Paranoia. Also in the programme, we find out why Chinese regulators have announced a ban on startups carrying out crowd-funding using crypto-currencies such as Bitcoin. A BBC investigation has discovered that postal workers in the UK are being offered more than a thousand dollars a week to steal bank cards. We have a report from Australia where house prices are rapidly becoming unaffordable. Plus as our regular commentator Lucy Kellaway of the Financial Times bows out to become a maths teacher, she reflects on whether her words have achieved anything significant.

Court Annuls Kenya Presidential Election  

The Kenyan Supreme Court has ordered a new vote, citing irregularities. Yvonne Okwara is a business presenter on Kenya Television Network, and tells us what the likely impact on the country's economy will be. Also in the programme, Brazil has managed to shake off its deep recession. Our reporter explains how a surge in agricultural production helped the country back to growth. We visit a London restaurant that's trying to entice a new generation to enjoy eating eels. Plus we look back at all the week's big business stories with Bloomberg's global business correspondent Stephanie Baker, and Robin Wigglesworth, US markets editor of the Financial Times.

French Government Launches Labour Law Reforms  

Prime Minister Edouard Philippe hopes to "free up the energy of the workforce". Laurent Alias runs an advertising agency called Josiane in Paris, and tells us what he makes of the government's proposals, and we get analysis from Sophie Pedder, Paris bureau chief of The Economist. Also in the programme, India's latest economic figures show the country growing at its slowest rate in three years. Danesh Varma is co-founder of a private equity fund that invests in India, and offers his assessment of the country's economic policies. At the end of a bumper football transfer season for the Premier League, Dr Dan Plumley, a sport finance expert at Sheffield Hallam University, tells us why clubs are spending so much money this time round. Plus, as sales of non-digital cameras signal a comeback for traditional photography, Sally Bibawy of Lomography, a company which sells film cameras, tells us what's behind the boom.

Wall Street Update  

Douglas McIntyre of 24/7 Wall Street looks back at Wednesday's trading

Mumbai Floods: India's Financial Capital Brought to Standstill  

Heavy monsoon rains led the Mumbai authorities to declare an emergency public holiday. We have an update from our correspondent in the city. Also in the programme, the largest US oil refinery has been temporarily shut down because of floodwaters in Texas. It is owned by oil giant Royal Dutch Shell, and we hear from its chief executive, Ben van Beurden, about the impact of Tropical Storm Harvey on its operations. As President Trump travels to Missouri to sell his tax overhaul plans, we find out what local businessman Jeff Munzinger wants to see in a revised tax code. Following the acquittal in Senegal of a man prosecuted for burning a Central African Franc banknote, we hear why the currency has become controversial. Plus we have a report from Serbia on a boom of artisanal ice cream makers in the capital Belgrade.

Wall Street Update  

Joe Saluzzi from Themis Trading in New Jersey looks at the day's trading

UK Public Companies Forced to Publish Average Salaries  

The UK government has unveiled proposals to force companies listed on the London Stock Exchange to reveal how much their chief executives are paid compared with the average employee. We get reaction from Sam Bowman, director of the Adam Smith Institute. Plus, a Bangladesh court has convicted the owner of a garment factory that collapsed in 2013. As our reporter explains, the corruption conviction precedes further charges for murder relating to the disaster. British actor Ed Skrein has pulled out of superhero film 'Hellboy', after a backlash because he was cast as a character of Asian heritage. Plus we report on World Water Week, which is underway in Stockholm, Sweden.

Wall Street Update  

Peter Jankovskis of OakBrook Investments looks at the day's trading

Fears of Oil Shortages Amid Storm  

People in Texas are warned to expect more heavy rain as a huge storm continues to batter the state. Houston, the centre of the US oil industry, has been badly affected and with offshore platforms evacuated and refineries closed, the energy industry has warned of shortages. We hear the latest from Bloomberg's Laura Blewitt in Houston. Ahead of the third round of Brexit talks in Brussels, we consider the influence of big corporations and lobbyists over the negotiations and hear from Jean Blaylock of Global Justice Now. And should the United States privatise its air traffic control system? President Donald Trump supports plans to separate it from the Federal Aviation Administration, the regulator.

Wall Street Update  

Chris Low analyses the day's trading

Samsung Heir Jailed for Corruption  

The de facto boss of the world's largest smartphone maker has been convicted of bribery. We have a report from Seoul, South Korea. Also in the programme, we hear from Ethiopia, where the country's economy is performing strongly. Ahead of Saturday's big boxing match between Floyd Mayweather and Conor McGregor, Irish journalist Gavan Casey tells us why it could be the most lucrative pay-per-view event in history. Plus we look back at all the week's big business stories with Henry Curr, economics editor of The Economist in New York, and Swaha Pattaniak, economics editor of Breakingviews.com, in London.

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