World Business Report

World Business Report


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


Wall Street Update 23/3/17  

Uncertainty over the progress of President Trump's healthcare bill through Congress cast something of a shadow over Wall Street. Investors fear that if it runs into serious trouble, that could cast doubt over his ambition to cut taxes too, as we heard hear from Cary Leahy of Decision Economics in New York.

Obamacare Repeal Faces Key Vote  

President Trump's proposed healthcare reforms, which would repeal large parts of Obamacare, face an important vote in Congress. But it's not going to be plain sailing - tense negotiations are underway in Washington, as the President lobbies to win support. Meanwhile, we discuss why the South Korean government is giving a multi-billion dollar bailout to one of the country's biggest shipbuilders. And whatever happened to the business lunch? We explore its demise.

Wall Street Update 22/3/17  

Doug McIntyre of 24/7 Wall Street gives his reaction, and that of the markets, to the terrorist attack in Westminster, London.

Protectionism Alleged in US Laptop Flight Ban  

We ask if the ban is designed to protect the interests of US airline giants by hurting their Middle Eastern rivals, as well as ensuring passenger safety. Brian Kelly runs a New York based travel website called The Points Guy, and offers us his perspective. Also in the programme, Ghana's new government promises to build a factory in every district to revive the economy. Israel Laryea, news editor at Multimedia Broadcasting in Accra, tells us if the plan is likely to work. Plus, on World Water Day, we hear from David Smith of consultancy firm MWH about the part business can play in bringing fresh water supplies to a thirsty planet.

Wall Street Update 21/3/17  

The financial markets are on the slide. But why? Susannah Streeter find out from Joe Saluzzi, of Themis Trading in New Jersey.

Laptop Cabin Ban on Some UK & US Flights  

UK and US authorities have banned large electronic items in cabin baggage on some flights. Affected airports include some of the busiest hubs in the Middle East, Turkey and North Africa. Tom Blank, a former security policy chief of the US Transportation Security Administration, explains why the ban has been implemented. Also in the programme, the BBC's Joe Miller gets a glimpse of the robotic world of the future from digital companies at the CeBIT technology conference in Hanover, Germany. Scotland's government is debating a new independence referendum, and we get the views of our regular economic commentator Roger Bootle of Capital Economics. In a bid to improve road safety, the Japanese government is offering pensioners who give up driving discounts on noodles, taxis and even funerals. Matt Saunders is road test editor at the motoring website Autocar, and tells us what he makes of the initiative. Plus, as gin undergoes a surge in popularity around the world, the BBC's Mike Johnson reports from the London Gin Festival.

Wall St Update  

Global consumers ban the import of Brazilian meat products

Wall Street Update  

Chris Low of FTN Financial sums up the day's trading on Wall Street

US and Germany Face Off Over Trade  

Donald Trump has had his first personal encounter with the German leader Angela Merkel. During his election campaign he claimed that his opponent, Hillary Clinton wanted to be a US version of Mrs Merkel - and that wasn't meant as a compliment. Meanwhile, in Baden Baden, in Germany, America's Treasury Secretary Steve Mnuchin is meeting finance ministers from the biggest economies in the world - their aim: avoiding a global trade war.

Wall Street Update  

Doug McIntyre of 24/7 Wall Street comments on the day's trading

Dutch Vote Eases Investor Fears  

The victory in the Netherlands election of the VVD party led by the Dutch Prime Minister, Mark Rutte, has eased fears about the rise of far right populism undermining the European Union. Mr Rutte's victory is a setback for anti-Islam populist Geert Wilders, who had campaigned with the promise to close borders to immigrants from Muslim countries, close mosques and withdraw from the European Union. We hear from the Netherlands what the Dutch people are making of political developments and how it affects the country's economic fortunes. US President Donald Trump has unveiled budget plans that will see cuts to foreign aid and environmental protection, while increasing spending on the military and security. We get analysis of the plans put forward by the White House from Dan Mitchell, at the Cato institute in Washington and we also hear from the manager of WHQR radio in Wilmington, North Carolina, about cuts to funding of public broadcasting. Kenya has decided to ban plastic bags to protect the environment in a country where a hundred million are handed out every year. Our correspondent in Nairobi explains why some Kenyan manufacturers are opposed to the ban.

Wall Street Update  

Polls close in the Dutch elections and Doug McIntyre has the latest from Wall Street

Federal Reserve Raises US Interest Rates  

US interest rates have gone up for only the third time in a decade. Also in the programme, the BBC's Rob Young reports from the Netherlands as voters there go to the polls.

Wall Street Update  

Saudi Arabia commits to stabilising global oil market, plus the latest news from Wall St

EU Workplace Headscarf Ban 'Can Be Legal'  

Europe's top court has ruled headscarves can be banned in the workplace. The ruling applies to other religious and political symbols, and we find out more from John Dalhuisen, Europe director for Amnesty International, and Patrick Charlier, director of UNIA, a Belgian organisation that campaigns for equal opportunities. Also in the programme, the UK's Office for National Statistics has brought gin, bicycle helmets and non-dairy milk alternatives into the basket of goods used to calculate inflation. We find out what it says about shopping habits from Hannah Maundrell from The BBC's Guy Hedgecoe reports from Spain on a movement towards independence for the country's north-eastern Catalonia region. Plus a new report says the Austrian capital Vienna is the city with the best quality of life in the world. We find out which other cities rank highly from Kate Fitzpatrick of the HR consulting firm Mercer, which compiled the report.

Wall Street Update 13/3/17  

As Intel purchases Mobileye for $15.3bn, we ask if they could become a major player in the future driverless car market. Plus the latest news from Wall Street with Peter Jankovskis of Oakbrook Investments.

Scottish Government to Seek Independence Referendum  

Scotland's first minister is to ask for a second referendum on independence from the UK. We get reaction to the move from Garry Clark of the Scottish Chambers of Commerce, and Mike Danson, who is Professor of Enterprise Policy at Heriot-Watt University. Also in the programme, South Africa's welfare benefits system has hit a crisis. The BBC's Milton Nkosi explains how the current system for paying grants to those in need expires at the end of this month. We find out from the BBC's Dave Lee at the South by Southwest Interactive conference in Austin, Texas, why the Vatican has sent a catholic bishop to the gathering. Plus, Lucy Kellaway of the Financial Times says there's only so long you can go on promoting yourself on past achievements. (Picture: Scotland's first minister Nicola Sturgeon. Picture credit: BBC.)

Wall Street Update  

Chris Low of FTN Financial comments on US jobs growth and the VW emissions scandal

US Attempts To Foil Chinese Aluminium Producers  

American aluminium producers call for anti-dumping duties of 38% against Chinese rivals.; Immigration remains top issue in next week's Dutch election; The business of live music in unusual venues.

Wall St Update  

Doug McIntyre of 24/7 Wall Street discusses the day's trading

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