World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Fed raises US interest rates by 0.25%
The Federal Reserve has raised rates for the first time since 2023 the bank focuses on inflation fight. Chair Kevin Warsh defied Donald Trump’s calls for lower borrowing costs. 2026 summer wheat exports from Russia and Ukraine will be 60% lower than pre-war average. Attacks on ports and shipping are…
US businesses brace for Fed decision
As businesses in the US prepare themselves for a potential interest rates hike, Luke Wilson hears from a dairy farmer about how it could impact his bottom line. Plus, as President of the European Commission Ursula von der Leyen backs a proposal for Canada to become an associate member of…
Can Bessent tame the bond market?
In recent weeks the US Treasury Secretary has tried to tame the bond markets. But can Scott Bessent succeed where so many before him have failed? Also the luxury brand LVMH appears to be losing some of its shine. Why has the luxury giant lost its appeal and how much…
How rising fuel is affecting German industry
As fuel prices rise across the world, Luke Wilson hears from an economist in Germany about the impact on the country's industry. Plus, how are costs to borrow money affecting mortgage rates?
Does AI need a kill switch?
Anthropic co-founder Jack Clark speaks to the BBC about the dangers of AI development and need for regulation, as the world's biggest AI bosses call for a pause in development, we find out does AI need a kill switch? Also, Africa’s biggest ever share sale has been launched, Aliko Dangote…
Is an AI 'slowdown' even possible without China?
As bosses of AI companies call for a 'slowdown' in the development of the technology, the BBC's Luke Wilson explores if it's even possible without China onboard. Plus, Africa's biggest ever public share has opened in Nigeria and how are oil prices reacting to the closure of a key pipeline…
Global shipping threatened by Houthi military advances
The Houthis now control the vital Red Sea waterway including the key shipping lane through the Bab al-Mandab Strait. We hear from maritime and security experts. As oil prices hit an unprecedented six dollars per barrel in the U.S., we go to South Dakota and Massachusetts to speak to…
"It's like somebody turned the faucet off" - gas prices keep inflation high
Prices in the US rose by 3.4% in the year to August, with the cost of living being pushed up by higher gasoline prices. We hear how one business is being impacted. China sets targets to boost the percentage of EV's and autonomous vehicles on its roads. And athletes compete…
China’s President to travel to the BRICS summit in India
The visit to New Delhi is Xi Jinping’s first trip to India in seven years. But will this diplomatic overture lead to stronger business ties between the two countries? We go to our correspondent on the ground who tells us more. How much does the BRICS summit matter? A Brazilian…
ECB hikes rates to 2.5%
The European Central Bank has raised its key interest rate to 2.5%, as it steps up efforts to bring inflation under control. Will be taking a look at the kind of impact this is having and will other central banks follow suit. Oil as hit over a hundred dollars a…