World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Spain's housing crisis leads to snap General Election
Socialist Prime Minister Pedro Sanchez seeks new mandate after Parliament rejected housing reforms. The election will be held on November 29. More oil is leaving the Persian Gulf and Gulf of Oman than in the days before the US/Israel war on Iran began. Will oil prices start to fall? And…
Why has Nike lost its shine?
In a bid to head off a US diesel export ban, G7 countries agree to release 100mn barrels of diesel and crude. We ask if the plan will be enough to keep global supplies flowing. And a home for one euro in some of the most beautiful regions of Europe…
G7 agrees to release diesel from strategic reserves
Thieves target holders of cryptocurrencies in their own homes. As crypto coins have risen in value, reports of these violent robberies linked to digital assets have emerged in the UK, France and the US. And British pop star Olivia Dean has been accused of copying the melody of Bill Withers'…
G7 agrees to release diesel from strategic reserves
Thieves target holders of cryptocurrencies in their own homes. As crypto coins have risen in value, reports of these violent robberies linked to digital assets have emerged in the UK, France and the US. And British pop star Olivia Dean has been accused of copying the melody of Bill Withers'…
Cristiano Ronaldo's Portugal walkout could cost millions
One of the biggest names in world sport, Cristiano Ronaldo, has left the Portuguese national teams training camp, amidst speculation he could retire from international football. Ronaldo is the most famous Portuguese footballer of all time, the most well paid athlete in the world according to Forbes and his net…
US government borrowing costs hit the highest level since 2002
Government borrowing costs are rising sharply around the world, led by a sell-off in US government bonds. The yield on the benchmark 10-year US Treasury has climbed above 5.3%, its highest in more than two decades. Also, a US judge has cleared the way for Paramount’s $110 billion takeover of…
Ukraine has begun introducing emergency power cuts in Kyiv
Ukraine has begun introducing emergency power cuts in Kyiv as Russia steps up its attacks on energy infrastructure. Kyiv has been preparing for a renewed onslaught before winter begins, by building fifteen small scale power plants in heavily fortified concrete bunkers. We find out how businesses are operating. Also, will…
Kenya breaks ground on a major new oil refinery
The construction of a $16bn dollar oil refinery in Lamu, coastal Kenya is expected to create about 60,000 jobs and be completed within three years. It hopes to provide 1,000 megawatts of power generation, twice the capacity of his Lagos refinery, serving the needs of the Lamu refinery and beyond…
Trump: AI companies to self-regulate
On Tuesday Trump, Musk and tech CEOs signed a document they have referred to as the "Accord on Super Intelligence." We go to the U.S. to hear the latest. Manchester City has been found guilty of all charges by the Premier League. A former chairman of the club tells us…
US ban on Canadian exports comes into effect
A US ban on several Canadian imports, including alcohol, dairy and motorcycles, has come into effect as a trade war between the two neighbours drags on. We hear from two business owners about the impact on their US sales. Also, inflation in Spain has risen more sharply than expected, hitting…