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Business Matters Podcast Profile

Business Matters Podcast

English, Financial News, 1 season, 510 episodes, 4 days, 34 minutes
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Global business news, with live guests and contributions from Asia and the USA.
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What to expect from the Pakistan economy?

Pakistan authorities have been trying to find the best way to achieve the IMF deal, bring down the inflation and safe the country from the default, but could things be about to improve? Also, we find out how China can produce affordable EVs for under $20,000 and why Elon Musk's social media company "X" moving to Texas?
9/14/202424 minutes, 57 seconds
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China: Why are investors leaving the market?

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?
9/13/202449 minutes, 25 seconds
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Business reacts to US Election Debate

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.
9/12/202452 minutes, 57 seconds
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Vice President Kamala Harris faces Donald Trump in US TV debate

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.
9/11/202452 minutes, 58 seconds
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EU seeks billions of investment

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.
9/10/202449 minutes, 29 seconds
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US Secretary of State visits Haiti to discuss democratic transition

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.
9/6/202448 minutes, 44 seconds
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President Biden could block Nippon Steel acquisition of US steel

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
9/5/202452 minutes, 58 seconds
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Nvidia shares fall

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".
9/4/202453 minutes, 2 seconds
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Donors and the US election

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.
9/3/202448 minutes, 45 seconds
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Social media platform X suspended in Brazil

The social media platform X has been suspended in Brazil. A Supreme Court judge has ordered "immediate and complete suspension" across the countryIn 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.
8/31/202452 minutes, 52 seconds
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Donald Trump campaigns in Michigan and Wisconsin

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 workforceAnd fans of the hit HBO TV series 'Industry' are in for a bumpy ride as series three returns - with a focus on ethical investments
8/30/202452 minutes, 58 seconds
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Chips giant Nvidia unveils latest bumper earnings

In the last half hour the artificial intelligence giants Nvidia has released earnings for April to June.. The chipmaker has seen huge growth over the last few years, driven by the AI boom. How will it impact world markets?Also, in the programme, Devina Gupta looks at Australia's national carrier Qantas which also has just unveiled its full-year results. .
8/29/202449 minutes, 24 seconds
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US consumer confidence reaches a six-month high

It's often said that among the most important things in the global economy is the confidence of the US consumer - the willingness of Americans to go out and spend moves commerce and enterprise across the planet. And on that basis, we all have reason to be optimistic: U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, although there are concerns about the jobs market. Also, in the programme, Roger Hearing finds out why Estonian authorities are planning to rent prison cells. And we look at the Paralympics in Paris, are the disabled athletes getting the financial sponsorship they need?
8/28/202449 minutes, 27 seconds
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How messaging apps should be regulated?

Telegram is one of the world's biggest social media and messaging platforms along with Facebook, WhatsApp, Instagram, TikTok and WeChat. Pavel Durov, CEO of the app is to stay in French custody until at least Wednesday - French prosecutors say. What should we read into the detention of the owner of an app? Is this a new hardline in dealing with social media? Is it a blow against free-speech?We also hear from Jesper Brodin, chief executive at Ingka which operates IKEA stores and find out what it is like in the country that was the most populous on earth?
8/27/202449 minutes, 24 seconds
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Unpacking the fed's interest rate cut

As the US jobless rate rises to 4.3% and concerns over housing affordability grow, the head of the Federal Reserve signals that it might be time to cut interest rates. We explore what a shift towards job market support could mean for Americans.Cuba is facing a severe power crisis, with electricity cuts lasting over 14 hours a day reported across much of the island. Millions are left struggling in the summer heat as six plants were forced offline. These cuts have caused major issues for residents and businesses, as a journalist in Havana tells me more.With Saudi Arabia hosting the Esports World Cup and offering a record $60 million prize pool, we delve into the event's controversy. Is this sports-washing?
8/24/202452 minutes, 57 seconds
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How is Kamala Harris connecting with voters on the economy?

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.
8/23/202450 minutes, 27 seconds
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Gold prices hit new record high

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.
8/22/202449 minutes, 48 seconds
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The Democratic National Convention continues

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. .
8/21/202449 minutes, 28 seconds
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Democratic National Convention kicks off in Chicago

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.
8/20/202449 minutes, 35 seconds
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Kamala Harris’ vision for the US economy

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.
8/17/202449 minutes, 27 seconds
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Why is the US about to see a fall in the price of many drugs?

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.
8/16/202449 minutes, 27 seconds
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Inflation in the US is slowing down

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.
8/15/202449 minutes, 28 seconds
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Starbucks replaces boss

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.
8/14/202452 minutes, 57 seconds
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Funding Russia’s War Effort

Russia evacuates twenty five thousand citizens in the Kursk regionThe curtain has closed on the Paris Olympics. We look to LA, where it is heading nextElon Musk interviews Donald TrumpAnd 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.
8/13/202458 minutes, 57 seconds
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Venezuela: businesses call for transparency in election results

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.
8/10/202449 minutes, 29 seconds
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Muhammad Yunus takes oath as leader of Bangladesh

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.
8/9/202449 minutes, 33 seconds
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Harris and Walz head to Detroit for rally

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?
8/8/202414 minutes, 5 seconds
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How Tim Walz might change the US economy?

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.
8/7/202452 minutes, 55 seconds
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Global Markets Meltdown

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's perplexing investors around the world. The Bangladesh Prime Minister resigns following weeks of deadly anti-government protests we find out how the garment and textiles industry has been impacted.And we hear how product placement is being used at the Olympic Game after one brand became highly visible during the opening ceremony.
8/6/202449 minutes, 26 seconds
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Apple, Amazon and Intel release quarterly results

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
8/2/202452 minutes, 58 seconds
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US delays imposing higher tariffs on Chinese imports

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.
8/1/202449 minutes, 26 seconds
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How are sanctions affecting Venezuela?

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?
7/31/202449 minutes, 22 seconds
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Protestors take to the streets of Venezuela

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.
7/30/202449 minutes, 26 seconds
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U.S. Elections: Harris rises with Obama's support

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.
7/27/202449 minutes, 26 seconds
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Philippines threatened with environmental disaster

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?
7/26/202449 minutes, 28 seconds
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President Biden says time to “pass the torch to a new generation”

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.
7/25/202449 minutes, 26 seconds
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Kamala Harris says campaign will be driven by people power in first rally

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
7/24/202449 minutes, 21 seconds
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Donors give Kamala Harris backing in bid to become President

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 buy to buy property.
7/23/202448 minutes, 58 seconds
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World IT outage: some cashpoints affected and flight cancellations top 5,000

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?
7/20/202449 minutes, 26 seconds
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Donald Trump gets ready to deliver his nomination acceptance speech

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.
7/19/202449 minutes, 27 seconds
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Biden tests positive for Covid

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?
7/18/202449 minutes, 27 seconds
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Elon Musk moves SpaceX and X from California to Texas

Presenter Rahul Tandon discusses 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 identityIn 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.
7/17/202449 minutes, 27 seconds
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Former President Trump announces his Vice Presidential running mate

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.
7/16/202449 minutes, 27 seconds
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President Biden vows to stay in 2024 Presidential race

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.
7/13/202449 minutes, 27 seconds
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President Biden speaks; America reacts

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.
7/12/202449 minutes, 26 seconds
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Democratic senator calls for President Biden to stand aside

Rahul Tandon is joined by Fermin Koop in Argentina & Zyma Islam in Bangladesh to discuss the most important and interesting global business and economic stories.We hear from Betsey Stevenson, former economic advisor 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.
7/11/202419 minutes, 7 seconds
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NATO leaders meet against gloomy backdrop

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.
7/10/202446 minutes, 50 seconds
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UK votes being counted

Millions of people voted at the UK General election. Rahul Tandon finds out what the exit polls tell us about how the contest could go and what it means global economy.
7/5/202449 minutes, 27 seconds
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Hurricane Beryl brings catastrophic damage

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.
7/4/202449 minutes, 28 seconds
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Hurricane Beryl heads towards Jamaica

Hurricane Beryl, a category 5 storm is heading towards Jamaica. We hear more from disaster modeller Enki ResearchPresident Joe Biden has called on major drug companies to cut the price of weight loss medicationAnd Japan will introduce three new bank notes in a bid to combat counterfeit bills
7/3/202452 minutes, 58 seconds
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Donald Trump granted immunity by Supreme Court

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.
7/2/202452 minutes, 58 seconds
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Biden's postion under quesion after shaky debate performance

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 where 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.
6/29/202452 minutes, 57 seconds
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Special: A look ahead at the first 2024 U.S Presidential debate

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?
6/28/202449 minutes, 28 seconds
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Bolivia faces off attempted coup

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.
6/27/202449 minutes, 31 seconds
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Kenya's President vows to restore order after anti-tax protests

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.
6/26/202449 minutes, 23 seconds
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Will the EU back down on tariff plans for Chinese cars?

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.
6/25/202449 minutes, 31 seconds
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Hinduja family conviction over workers' exploitation

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.
6/22/202449 minutes, 18 seconds
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Why is inflation so stubborn in the United States?

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.
6/21/202449 minutes, 18 seconds
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The world grapples with intense heatwaves

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
6/20/202452 minutes, 58 seconds
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President Putin has arrived in Pyongyang

President Putin has arrived in Pyongyang on a state visitPresident 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
6/19/202449 minutes, 27 seconds
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Calls for warning labels on social media sites

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 hotspotsAnd 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?
6/18/202449 minutes, 29 seconds
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Tesla approve huge pay package for Elon Musk

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)
6/14/202449 minutes, 28 seconds
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The EU imposes new tariffs on China’s EV’s

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]
6/13/202449 minutes, 26 seconds
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Paramount Global shares drop

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.
6/12/202449 minutes, 27 seconds
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Apple launches AI

As one Silicon Valley titan unveils its latest Apple Intelligence software, we examine the generative AI that's creeping onto a smartphone near you - just how unnerved should you be? Plus, the concept of subscription streaming arrives in the world of console. Ed Butler examines if it is worth the cost…And intimacy at the office - is BP right to demand that all its workers to fess up about their workplace love affairs? Sharing their thoughts we speak to Yoko Ishikura, Professor Emeritus at the Hitotsubashi University in Japan and currently a member of the World Economic Forum’s Expert Network, while here in the UK, we have Stephanie Hare, writer, journalist and all-round luminary on tech, ethics and much more.[MAGE CREDIT: REUTERS]
6/11/202449 minutes, 26 seconds
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America’s job market enjoys sizeable gain

The United States releases jobs data. More than a quarter of a million new ones were added last month suggesting the world's largest economy remains buoyant. In South Korea workers at the country's biggest company ,Samsung. have staged industrial action for the first time in the company's more-than fifty-year history. The BBC’s Sally Nabil reports from Cairo. Egypt is increasing the price of subsidized bread by 300 per cent. And the T20 cricket world cup tournament is being held in the US for the first time ever.We were joined by ABC's senior business correspondent Peter Ryan and Technology journalist Takara Small Mandatory Credit: Photo by JIM LO SCALZO/EPA-EFE/REX/Shutterstock (14001465b)
6/8/202452 minutes, 57 seconds
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The European Central Bank cuts interest rates

The European Central Bank has announced a cut in its main interest rate from an all-time high of 4% to 3.75%. A Norwegian mining group has confirmed that it's discovered the largest deposit of rare-earth minerals in Europe. Mike Lynch, the man once known as Britain’s Bill Gates, has been acquitted of the charges against him by a court in San Francisco. We look at the impact of the new wave of injectable diabetes and weight loss drugsAnd Virgin Australia plans to allow dogs and cats to fly in the main cabin on its flights.(Credit: European Central Bank. Photo by FRIEDEMANN VOGEL/EPA-EFE/REX/Shutterstock)
6/7/202452 minutes, 58 seconds
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Republican donors pledge millions after Trump guilty verdict

Major Republican donors have backed Donald Trump despite his conviction in a hush money case. Presenter Devina Gupta discusses how there is still huge financial backing for the former president. Plus, with Mexico expected to elect its first-ever female president, we examine the economy she inherits, and what her economic priorities likely to be. And, the owner of Worldle, a geography-based spinoff of the hit online game Wordle, tells us how he faces a legal challenge from the New York Times. (Photo: Donald Trump Credit: Peter Foley EPA-EFE/REX/Shutterstock)
6/6/202449 minutes, 27 seconds
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UN head calls for end to fossil fuel adverts

UN Secretary General Antonio Guterres called coal, oil and gas corporations the “godfathers of climate chaos” who had distorted the truth and deceived the public for decades. He said that just as tobacco advertising was banned because of the threat to health, the same should now apply to fossil fuels. Also in the programme, Rahul Tandon talks about Canada's interest rate cuts and finds out why a Hollywood film studio is refusing to release a film.Our guests are Simon Littlewood and Michael Malone. (Picture: A logo on a Shell petrol station. Picture credit: Reuters)
6/6/202449 minutes, 24 seconds
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India election: the economy reacts as Modi claims victory

Modi-led alliance claims victory in India’s general election despite having many critics of high unemployment figures and slow economic growth there. What look at what this means for the Indian economy. We hear from local reporters, economists and business owners in India. (Picture: Indian PM Modi speaks to supporters at the BJP headquarters, in New Delhi. Picture credit: Reuters)
6/5/202449 minutes, 26 seconds
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How investors react to Mexico’s first female president

Mexico's first female president, Claudia Sheinbaum, breaks a political glass ceiling and she wins the election. However, following the victory, investors have been reacting rather negatively. They’ve been selling off pesos—Mexico’s currency—over fears of radical constitutional changes. The peso slipped about 3% against the dollar, its lowest level since November last year. How will it affect local business owners and the economy?Also, in the programme, Sam Fenwick finds out why the boss of the World Bank, Ajay Banga, thinks it’s time for emerging economies to stop relying on infinite streams of cash from other governments. (Picture: Sheinbaum wins Mexico's presidential election. Picture credit: Reuters)
6/4/202449 minutes, 26 seconds
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Republican donors pledge millions after Trump guilty verdict

Major Republican donors have backed Donald Trump despite his conviction in a hush money case. Presenter Devina Gupta discusses why there is still huge financial backing for the former President with guests from New Zealand and the United States. Voters go to the polls in Mexico. The country’s new President is the be the first ever woman to lead the nation. We look at the economy she inherits, and what are her economic priorities likely to be.The owner of the hit online game Wordle is legally challenging a geography-based spinoff called Worldle.The New York Times, purchased Wordle for a seven figure sum in 2022. It accuses Worldle of attempting to capitalise on "the enormous goodwill” associated with its own brand. (Picture: Donald Trump Credit: Peter Foley EPA-EFE/REX/Shutterstock)
6/1/202449 minutes, 33 seconds
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India endures severe heatwave

As an intense heat wave sweeps across the north and west of India, Rahul Tandon looks at the impact of this on the world’s fastest growing economy.The price of heavily subsidised bread in Egypt is to quadruple from June. The BBC’s Sally Nibil explains just how significant the news is and why the subsidy is such an important source of government support for the less well off. And as the former co-working giant WeWork looks to be on the verge of agreeing a deal that could see it emerge from bankruptcy, we look at how reduced demand for physical office space around the world has affected the sector.Talking about these - as well as other big business stories from around the world, Rahul Tandon is joined by Rebecca Choong Wilkins, Bloomberg Senior Asia Correspondent in Hong Kong and Sushma Ramachandran, Independent journalist and columnist with the Tribune newspaper, in Delhi, India. (Picture credit: Hindustan Times/Getty Images)
5/30/202449 minutes, 27 seconds
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Argentina's Milei heads to Silicon Valley to court big tech

We ask the founder of Argentina's biggest start-up about what his country's president, Javier Milei, hopes to achieve from private talks this week with the CEOs of Google, OpenAI, Meta and Apple.Elsewhere, Rahul Tandon looks into the latest data from the US economy, as businesses weigh up who to vote for in the elections later in the year.(Photo: Argentina's President Javier Milei gestures to supporters in Cordoba, Argentina. Credit: Reuters)
5/29/202449 minutes, 25 seconds
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Can Europe catch up with the US and China?

French President Emmanuel Macron is on the final day of his state visit to Germany, where he will be discussing how Europe can catch up with the US and China.Also Rahul Tandon is joined by guests to discuss the upcoming elections in South Africa and Mexico, and the battle over a multi-billion dollar shipwreck in Colombia.(Photo: France and Germany's leaders wave together. Credit: EPA-EFE/REX/Shutterstock)
5/28/202449 minutes, 26 seconds
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Uvalde Victims’ Families sue Meta, video game maker and gun firm

Families of the victims of a school mass shooting in Uvalde, Texas two years ago, have announced lawsuits against Instagram's parent company Meta, the maker of the video game ''Call of Duty'' and a gun manufacturer.Devina Gupta finds out why Eli Lilly is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana and how the National Collegiate Athletic Association (NCAA), which governs university sports in the US, has reached a deal that could lead to college athletes getting paid.(Picture: Microsoft buys Activision, in New York City. Picture credit: Reuters)
5/25/202449 minutes, 26 seconds
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US regulators sue Live Nation

US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry. The lawsuit from the Department of Justice said the firm's practices had kept out competitors, and led to higher ticket prices and worse service for customers.Also, Devina Gupta finds out how Russian president Vladimir Putin could use US property in the country to compensate for frozen Russian assets. And why one of Australia’s biggest banks, the Commonwealth, is predicting the country will become cashless by 2026.(Picture: The logo for Live Nation Entertainment is displayed on a screen on the floor at the NYSE in New York. Picture credit: Reuters)
5/24/202449 minutes, 22 seconds
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Rishi Sunak announces July 4th Elections

The race begins for UK’s political parties to woo its voters ahead of July 4th General Elections – but is now the right time?Tech giant Nvidia continues to grow and grow, but can it keep going?And Elvis's Graceland is not up for sale. Find out why…[IMAGE CREDIT: REUTERS]
5/23/202449 minutes, 28 seconds
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EU approves use of Russia’s frozen assets to support Ukraine

The European Union has approved the use of profits from Russia's frozen central bank assets to help Ukraine buy weapons and fund reconstruction. Ukraine has welcomed the move but how the scheme might work and could it risk undermining the rule of law? Hollywood actress star Scarlett Johansson has said she was left "angered" after the organisation OpenAI launched a chatbot with an "eerily similar" voice to her own. OpenAI have confirmed they would remove the voice, but have insisted that it was not meant to be an "imitation" of the star. How can AI seek to develop while staying on the right side of copyright law? Joining Ed Butler to discuss these and other big business stories of the day from around the world are Rachel Puppazoni, Business Reporter for ABC News in Perth, Australia and Technology journalist, Takara Small, based in Toronto. (Image credit: Anton Petrus/Getty Images.)
5/22/202449 minutes, 27 seconds
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US stocks on a roll

It has been a whirlwind in the US markets - the main indexes all hitting record highs while at the same time, commodity prices are rising. The ship that destroyed the bridge in Baltimore back in March is finally re-floated and back in port.And Business Matters takes a close look at the economies of Latin America with reporter Gideon Long.[IMAGE CREDIT: REUTERS]
5/21/202449 minutes, 22 seconds
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Boeing CEO's $33m exit package

Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun, who will leave the company at the end of the year, was also re-elected to stay on the troubled company’s board.Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC’s Correspondent, Will Grant, looks at how the situation has impacted on one of Cuba’s most quintessential industries – sugar – to see how tough the situation has become. Plus as Mercedes workers in Alabama have voted against joining a union we look at the result means for workers and management.Rahul Tandon is joined by Peter Ryan, ABC's senior business correspondent, in Sydney and Han Lin, China Country Director of “The Asia Group” a Washington DC based consultancy, and NYU Shanghai professor based in Shanghai. (Image Credit: The Washington Post/Getty Images.)
5/18/202449 minutes, 26 seconds
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Dow Jones hits record high

As the Dow Jones hits a record high Rahul Tandon looks at how a strong stock market is helping some people retire earlier than expected.Two months after a container ship crash saw the collapse of a road bridge in Baltimore, killing six workers, we explore the reasons why 21 seamen are still stranded on the vessel.And on the day that Singapore Airlines announces staff bonuses worth nearly eight months' salary we examine how they came to receive such a generous payout. (Picture credit: Spencer Platt/Getty Images.)
5/17/202455 minutes, 27 seconds
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President Putin in China for two-day state visit

President Putin’s visit comes as Russia has become more economically dependent on China following Moscow’s full-scale invasion of Ukraine more than two years ago; Rahul Tandon examines the economic benefits for both nations. The Ambassador-at-Large with Singapore's Ministry of Foreign Affairs, Chan Hen Chee, talks to us about the country’s future direction after its long serving Prime Minister steps down. India and Iran have signed a deal allowing a company to develop and control the management of an Iranian port for 10 years. We look at this will potentially bring new economic benefits to India. (Picture: Russian President Vladimir Putin chairs a meeting on development of Russia's military industrial complex .Credit: Sputnik/Vyacheslav Prokofyev/Pool via REUTERS)
5/16/202449 minutes, 30 seconds
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US President Joe Biden puts tariffs on Chinese-made products

Presenter Sam Fenwick discusses the impact of the tariffs on US China relations with guests from Canada and China. Analysts said the tariffs were largely symbolic and intended to shore up votes in a tough election year.Protests are taking place in Georgia over a new bill which requires organisations receiving more than 20 percent of their funding from abroad to declare themselves as “foreign agents”, or face hefty fines and possible imprisonment. We hear how this could affect businesses in the country. Google is introducing AI-generated answers to search engine queries from US users in one of the biggest updates in years. We examine what this all means for Google and it’s rivals Microsoft's CoPilot and Open AI. (Picture: Credit
5/15/202448 minutes, 31 seconds
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Melinda Gates leaves her namesake foundation - what's next for her?

Sam Fenwick dives deep into the philanthropic world - and how it's changing - amid the news that Melinda Gates is leaving the Gates Foundation. Why has she made the decision? And what's next for this philanthropic giant?Elsewhere, we explore the resurgence of "meme stocks", the science behind work rituals, and what to expect from the Australian budget(Photo: Polio vaccination campaign in Pakistan, Peshawar, where the Bill and Melinda Gates Foundation have worked. Credit: EPA-EFE/REX/Shutterstock)
5/14/202448 minutes, 31 seconds
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US Consumer sentiment sags to a six-month low

US Consumer sentiment sags to a six-month low. Americans cite high inflation and fears around unemploymentA free bottle of wine has finally been claimed after being hidden in the privacy policy of a tax-focused think tank's website for three months. We hear more from the Director of consumer protection for Consumer Federation of AmericaThe Oscars have launched a global fund raising campaign to boost its finances following a decade long decline in its viewershipMandatory Credit: Photo by Adam Davis/EPA-EFE/REX/Shutterstock (14441942o) A customer walks past the fresh fruit section at a H-E-B supermarket in Austin, Texas, USA, 19 April 2024
5/11/202452 minutes, 58 seconds
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Apple apologises over controversial ad

The tech giant Apple has faced an online backlash in response to an advert featuring books and musical instrument being crushed, to demonstrate how their creativity has been compressed into the latest iPad. Also, with music catalogue company Hipgnosis facing a takeover, is it worth a price tag of $1.6 billion? And remarks by a boss at China's biggest search engine reignite the debate around China's 9-9-6 work-all-hours culture.
5/10/202453 minutes, 24 seconds
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Whistleblower: parts sent to Boeing had 'serious defects'

A former employee of Boeing's biggest supplier has claimed that sections of 737 Max aircraft regularly left its factory with serious defects.Spirit Aerosystems builds fuselages for the 737 Max, which are then shipped to Boeing’s own plant for final assembly.Speaking publicly for the first time, former quality inspector Santiago Peredes told the BBC that some managers actively tried to discourage him from flagging up flaws in half-finished planes.Also, Rahul Tandon, finds out why there are a lot of concerns about whether the plan to use Russian assets for weapons is legal and why not everyone was keen to see the Chinese leader Xi Jinping in Hungary.(Picture: A worker walks past Boeing's 737 MAX-9 under construction at their production facility in Renton, Washington, U.S., February 13, 2017. Picture credit: Reuters)
5/9/202455 minutes, 23 seconds
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TikTok takes revenge

TikTok has filed a lawsuit aiming to block a US law that would ban in the video app in the country unless it is sold by its Chinese parent company.In the filing, the social media company called the act an "extraordinary intrusion on free speech rights" of the company and its 170 million American users.Also, Rahul Tandon, looks at the Disney financial results and finds out what can you buy with Argentina's new 10 000 pesos banknote.(Picture: The offices of TikTok in Culver City, California. Picture credit: Reuters)
5/8/202449 minutes, 25 seconds
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EU and France holds talks with Xi

On his first visit to Europe since 2019, president Xi Jinping has been talking about trade ties. The West is worried about cheap Chinese imports of electric cars.Also, Rahul Tandon finds out why global petrol demand growth could halve in 2024 and what impact the shutdown in Israel would have on Al Jazeera's business operations. (Picture: State dinner in honour of Chinese President Xi Jinping visiting Paris, France - 06 May 2024. Picture credit: EPA-EFE/REX/Shutterstock)
5/7/202449 minutes, 23 seconds
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Israel stops trade with Turkey

The Israeli Foreign Ministry is to reduce Turkish imports both to Israel and to the occupied Palestinian territories. It’s also appealing for sanctions against Turkey for violating existing trade agreements. Also, in the programme, we look at Brazil’s plans to propose a global annual tax for billionaires at the G20 in July
5/4/202449 minutes
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Turkey says it is stopping trade with Israel over the war in Gaza

Last month, Ankara introduced partial restrictions citing being refused permission to drop aid into Gaza. Their response was to introduce restrictions on trade. Now, it appears that all imports and exports from Israel have been blocked. The country’s Foreign Minister, Israel Katz said this was "how a dictator behaves" "and they will lose."Also, in the programme, we look at Pandemic-era fitness darling Peloton is showing more signs of trouble, as the CEO steps down and announcing staff redundancies.(Picture: Turkish President Erdogan addresses his supporters ahead of the local elections in Istanbul. Picture credit: Reuters)
5/3/202449 minutes, 26 seconds
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US holds interest rates for sixth time

The US Federal Reserve says it needs greater confidence that inflation is easing before cutting interest rates. We get the latest from our correspondent in New York. The housing market is one of the industries most impacted by the higher cost of borrowing. We hear from a buyer. And we have an exclusive interview with Pakistan's Finance Minister, Muhammad Aurangzeb, about the conditions the country has to meet after taking a loan from the International Monetary Fund. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Karen Percy, a freelance reporter in Melbourne, and Alison Van Diggelen, host of 'Fresh Dialogues' in Silicon Valley.(Photo: A trader works inside a booth, as screens display a news conference by Federal Reserve Board Chairman Jerome Powell. Credit: Reuters)
5/2/202449 minutes, 26 seconds
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Binance founder sent to prison

The Binance founder Changpeng Zhao, who has been sentenced to four months in a US prison for failing to establish adequate anti-money laundering protections.Reports coming out of Washington suggest that the US government is about to take an historic step toward easing federal restrictions on cannabis.The lower house of congress in Argentina has given its general approval to a comprehensive package of austerity measures proposed by the President, Javier Milei. The house in Buenos Aires has spent over a day voting on individual articles of the various measures which have led to huge protests in the city in recent months. Also, China’s leaders have pledged more support for the world’s second-largest economy, saying it "still faces many challenges”; and the Bumble CEO Lidiane Jones says young women in tech have to be "resilient".Presenter Ed Butler is joined by Yves Hayaux Du Tilly, a Mexican lawyer who advises companies on business matters affecting Mexico and Latin America, and Jennifer Pak, the China correspondent for American Public Media, to discuss the latest international business news.(Photo: Changpeng Zhao. Credit: Benoit Tessier/Reuters)
5/1/202449 minutes, 27 seconds
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The G7 says no more to coal fired power stations by 2035

Ed Butler presents with guests Kristina Hooper, who's Chief Global Market Strategist at Invesco, the investment firm in New York, and Jessica Khine, who's Head of Asia for the Japanese financial consultancy, Astris Advisory.They discuss the decision on scrapping coal-fired power stations made by the G7, the Premier League introducing new financial rules, and the story about the mining giants BHP and Vale who've offered to pay Brazil about $25.7 billion in total compensation for a 2015 dam disaster at an iron ore complex.Photo: Ratcliffe on Soar coal-fired power station, Jeremy Ball, BBC News
4/30/202449 minutes, 27 seconds
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US-China relations: How will it affect businesses?

America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations. US Secretary of State Antony Blinken has warned that Washington will act if China does not stop supplying Russia with items used in its assault on Ukraine.Also, in the programme, Roger Hearing finds out how important good manners still are in the business world and who created World biggest 3D printer.(Picture: U.S. Secretary of State Antony Blinken visits China. Picture credit: Reuters)
4/27/202449 minutes, 26 seconds
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US economic growth slows but inflation grows

The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut.Official figures revealed the economy expanded at an annualised rate of 1.6%, far below expectations and the growth seen in the final months of 2023.Meanwhile, inflation, which measures the pace of price rises, has increased.(Picture: Retail sales drop in Britain, Huddersfield, United Kingdom - 21 Oct 2022. Picture credit: EPA-EFE/REX/Shutterstock)
4/26/202449 minutes, 26 seconds
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US Secretary of State Anthony Blinken visits China

The US Secretary of State Anthony Blinken is continuing his visit to China, there are tensions on many fronts between the world’s two superpowers, how will the trip pay out? We hear from Brian Wong, from the Centre on Contemporary China and the World, in Hong Kong.As TikTok vows to fight a new law which could see it sold or banned in the US, what could a ban mean for businesses who rely on it? And more than 40% of Japan’s municipalities might eventually vanish due to a sharp population decline brought on by a chronically low birthrate, what’s going on? (Photo Credit: Reuters)
4/25/202452 minutes, 58 seconds
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Millions of US workers set to be affected by ban on so-called ‘non-compete’ agreements

The Federal Trade Commission has voted to ban so-called ‘non-compete’ agreements in a move which could affect millions of workers Under the moves, U.S. companies would no longer be able to bar employees from taking jobs with . But it’s likely to be challenged in court. One woman tells us how her family’s life was turned upside down by a non-compete agreement with a large tech company. Also on the programme Tesla sees its profits more than halve this year. The company has seen its profits more than halve this year, and says it will bring forward the launch of new models and cut thousands more jobs to try to reverse its fortunes.And research by German academics has found that we are increasingly pushing back the age at which we consider ourselves to be old. Nimal Ram, Professor of Psychology at Stanford University tells us more
4/24/202452 minutes, 58 seconds
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India Election Special

We hear from the BBC’s Nikhil Imandar who tells us more about the future of Indias economyJamie Coomaraswamy has been speaking to first time voters in Bangalore about how hard it is to get a jobJust 20% of women in India are in employment. We hear from female voters about why this isAnd Swati Narayan tells us more about why India is so unequal
4/23/202452 minutes, 57 seconds
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Will TikTok be banned in the US?

US lawmakers could vote on a bill that corners the app's owner ByteDance with a stark choice: to sell or be banned. Also in the programme, the French government addresses shrinkflation concerns with a new rule that will require stores to tell customers when a product becomes smaller but its price stays the same or increases. And we look into why sales of wine have dropped in China.Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Lori Ann LaRocco, senior editor of Guests at CNBC Business News, and Colin Peacock, presenter of Mediawatch on Radio New Zealand.(Picture: A view shows the office of TikTok in the US. Picture credit: REUTERS.)
4/20/202455 minutes, 27 seconds
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Ecuador faces severe energy crisis

Businesses in the South American nation have been told to shut down for two days due to power cuts caused by drought. We find out more.The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030. We hear why.And Google terminates 28 staff who protested against a contract signed with the government of Israel.Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Tony Nash, CEO of Complete Intelligence in Texas, and Jessica Khine, head of Asia for Astris Advisory Japan in Malaysia.(Picture: A saleswoman waits for customers at her restaurant in Ecuador. Picture credit: REUTERS/Karen Toro.)
4/19/202449 minutes, 26 seconds
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Biden calls for tripling tariffs on China steel

President Jo Biden is set to call for a tripling of US tariffs on steel and aluminium. His demand for tariff hikes comes as he tackles fraught relations with China.A Boeing engineer has told US lawmakers that he was harassed and threatened after he raised concerns about the safety of the company's planes. We hear from engineers and their claims.The Michigan consumer sentiment survey suggests that despite the US economy doing well people are not very positive. We find out why from local Americans.[REUTERS/Elizabeth Frantz]
4/18/202449 minutes, 30 seconds
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Flash floods hit the Gulf State

Flash floods have bought Dubai to a standstill. Devina Gupta speaks to a tourist from India who is one of thousands stuck at a mall The Mall of Emirates throughout the night after roads became gridlocked and the metro system stopped working.Also, the International Monetary Fund - is renewing its confidence in the American economy. The IMF report shows the US economy is set grow but what does growth mean for business owners? We speak to a restaurant owner in California about what this means for ordinary people trying to make a living.Plus, UK's smoking ban policy - what is it and its impacts on the tax revenues?
4/17/202449 minutes, 27 seconds
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Tesla announces global job cuts

US electric car maker tesla has announced job cuts - is the ride getting rough for the global electric vehicle market? Also, should China face sanctions for buying oil from Iran? We speak to a Congressman from the US who thinks soPlus, the truth behind truth social continues as we look how Trump Media shares have been falling. And finally, is America’s immigration system broken? Our reporter Erin Delmore has been looking at the political and bureaucratic issues adding to America's labour shortage.[Image credit: REUTERS/Gonzalo Fuentes/File Photo]
4/16/202447 minutes, 2 seconds
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Iran and Israel tensions escalate

On today’s programme we discuss the likelihood and nature of an Iranian attack on Israel. Also, find out why a hunger strike has begun on the island of Tenerife in response to the damaging effects of tourism on the Canary Islands. Plus, we head to Argentina and find out how they are grappling with high inflation. And finally, find out how an American Farm Grows $1,700-Per-Pound White Truffles…[Image credit: Reuters]
4/13/202449 minutes, 30 seconds
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South China Sea threat discussed as Biden hosts Kishida and Marcos

Joe Biden has pledged to protect the Philippines from any attack in the South China Sea. He made the comments at a White House summit with Philippine president Marcos and Japan's Prime Minister, Fumio Kishida. We look at the importance of the US economic relationship with Japan.President Biden has also introduced new rules aimed at tightening gun control in America. We discuss the prospect of additional scrutiny on firearms sales in the US.In Australia, demand for so-called granny flats is growing in Australia due to soaring rental costs. Nicole Gurran, Professor of Urban and Regional Planning in Sydney explains the current state of the housing market.Vivienne Nunis is joined by Stefanie Yuen Thio, Joint Managing Partner of TSMP Law in Singapore. And Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.(Photo: President Biden Holds Trilateral Meeting With Japanese Prime Minister Fumio Kishida And Filipino President Ferdinand Marcos. Credit: Andrew Harnik/Getty Images)
4/12/202450 minutes, 25 seconds
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Cost of living shock: US Inflation is up

Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.How will the new law restricting abortion in Arizona affect the state’s clinics?Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.(Picture: Wad of U.S. paper bills - stock photo. Picture credit: Getty Images)
4/11/202448 minutes, 39 seconds
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How is the surging price of commodities affecting the global economy?

Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on?Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.(Picture: Businessman using a mobile phone to check stock market data - stock photo. Picture credit: Getty Images)
4/10/202448 minutes, 57 seconds
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Solar Eclipse lights up businesses in the US

More than thirty million people live along the path of the solar eclipse; many others have travelled to share the experience. NASA conducted experiments to study the Sun's atmosphere during the phenomenon. A quarter of Airbnb guests in the US with bookings for Sunday night were booked for a stay in the eclipse’s path.Also, in the programme, the presenter Sam Fenwick finds out why tens of thousands of people in the gaming industry sector have lost their jobs in the last few months and why Australian farmers relying on the weather broadcast.(Picture: Solar Eclipse in Mexico, Mexico City - 08 Apr 2024. Picture credit: EPA-EFE/REX/Shutterstock)
4/9/202449 minutes, 25 seconds
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Impact of a rare earthquake being assessed across NYC and US East Coast

A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to an NYC based stockbroker who describes the moment of impact plus we hear from the Co-Director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude.Also, on the program we find out about emerging economies joining U.S. and Europe in shielding domestic manufacturers from a rising tide of Chinese imports.Plus, Argentina struggles to fight against its lethal dengue season as insect repellents run low.Roger Hearing discusses these and more business stories with two guests from opposite sides of the world: Gabriella Castro Fontoura, Latin American business consultant and economist based in Uruguay, and Peter Ryan, ABC's senior business correspondent in Melbourne, Australia.[Credit: Photo by SARAH YENESEL/EPA-EFE/REX/Shutterstock]
4/6/202449 minutes, 26 seconds
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Gucci's new $1.3bn dollar office

We examine one the biggest property deals in Europe since 2022 as Gucci has splashed out on a new $1.3bn office in Milan. British businessman Joe Lewis is sentenced by a US judge to three years' probation for orchestrating an insider trading scheme. The BBC's New York business correspondent Michelle Fleury tell us more. Is Gen Z opting for blue collar jobs rather than going to college? We speak to the president of the American Welding Academy. Roger Hearing discusses these and more business stories with guests Yoko Ishikura, professor Emeritus at the Japanese Hitotsubashi University, and Alexander Kaufman, senior reporter at the Huffington Post.(Picture: A Gucci store in China. Picture credit: Kevin Foy.)
4/5/202442 minutes, 9 seconds
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Taiwan chipmaker resumes production

Staff at Taiwan Semiconductor Manufacturing Company are back at work . Roger Hearing examines how the leading chipmaker has been affected by the earthquake from Bob O'Donnell, the President of California based TECHnalysis Research.Tesla expands its ambition into India. We hear what this means for the production and sales of electric cars.And Disney secures its happy ever after ending after convincing shareholders they’re heading in the right direction.
4/4/202451 minutes, 58 seconds
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Rebuilding Gaza estimated to cost $18.5 billion.

A report led by the World Bank and UN estimates costs to rebuild Gaza’s critical infrastructure to be $18.5 billion dollars. We look at how this will be funded and find out why a charity has suspended shipments of humanitarian aid in Gaza.Also are drivers falling out of love with Electric cars? Tesla and BYD have reported significant a drop in sales, raising concerns about the pace of the global shift to electric vehicles.And finally, there are more billionaires than ever entering the Forbes rich list.Photo by MOHAMMED SABER/EPA-EFE/REX/Shutterstock
4/3/202450 minutes, 54 seconds
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What could minimum wage rises mean for workers?

A number of countries around the world, including the US, UK and Canada, are making changes to their minimum wage. We examine the impact these increases could have. Plus, why the manufacturing sector in the US expanded for the first time in over a year. Also, Germany relaxes laws around cannabis for personal use but will it lead to a boom in business or a bigger black market?(Photo by ANDY RAIN/EPA-EFE/REX/Shutterstock)
4/2/202450 minutes, 27 seconds
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Sam Bankman-Fried sentenced to 25 years in prison

On the show we find out how a Chinese smartphone maker Xiaomi has launched its first electric vehicle and is now securing orders. Plus, Should your employer be able to tell you how to wear your hair? We hear from a social influencer about how she’s been discriminated over her choice of hairstyle in France. Also, we find out how Padel is becoming the world's fastest-growing sport and finally could a law in Florida stop kids under 13 from accessing social media?
3/29/202450 minutes, 58 seconds
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What does bridge collapse mean for business in Baltimore?

A local brewery founder near the Francis Scott Key Bridge reacts to the aftermath and we hear from the United States Chamber of Commerce. Also, China buys flying-car technology from a Slovakian company. And, we look ahead to the sentencing of Sam Bankman-Fried, the disgraced former boss of FTX, the cryptocurrency exchange.(Picture: National Transportation Safety Board (NTSB) investigators work on the cargo vessel Dali, which struck and collapsed the Francis Scott Key Bridge, in Baltimore, Maryland, U.S. March 27, 2024. Peter Knudson/NTSB/Handout via REUTERS. Note: This image was supplied to Reuters by a third party.)
3/28/202449 minutes, 1 second
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Baltimore bridge collapse spurs supply-chain uncertainty

Rahul Tandon is joined by a reporter in Baltimore to assess the economic impact of the accident.. The port near the bridge is the largest in the US for specialised cargo.And why are young people recording their bosses firing them, and sharing it online? We speak to one TikToker credited with starting the so-called “QuitTok” trend, and an HR expert who says “public layoffs” are here to stay.(Picture: View of the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, U.S. Credit:. REUTERS/Nathan Howard)
3/27/202449 minutes, 26 seconds
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Boeing boss leaves after crisis over firms safety record

Rahul Tandon examines the impact of the departure of the company’s Chief Executive David Calhoun. He is leaving Boeing after problems over the company's safety record. The US, UK and New Zealand, and the UK have raised concerns about Chinese cyber attacks and campaigns. It comes after reports emerged about a hacking plot which targeted millions of US online accounts. And could Pakistan be set to resume trade talks with India? We hear from a former Pakistani ambassador to the UK and the US.
3/26/202450 minutes, 25 seconds
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Moscow concert hall shooting

At least 40 people have been killed after gunmen attacked a packed concert venue on the outskirts of Moscow, Russian intelligence have said. Our Presenter Roger Hearing will be hearing the latest from our reporter.The FBI say there's a criminal investigation into what happened when a panel fell off a Boeing plane in mid-flight back in January. We find what this means for the passengers that were onboard. And that spare change you donate at checkouts is adding up to millions for charities.Roger will be joined throughout the programme by two guests on opposite side of the world: Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy in Austin, Texas. And Jyoti Malhotra, founder and editor of Awaaz South Asia news website in New Delhi, India.(Picture: Russian firefighters extinguish a fire on the Crocus City Hall concert venue Credit: EPA-EFE/REX/Shutterstock)
3/23/202450 minutes, 14 seconds
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Apple's latest lawsuit

The US has filed a landmark lawsuit against Apple in which they are accused monopolising the smartphone market and crushing competition. Roger Hearing will be looking at what this means for the company going forward. Turkey has raised interest rates to 50% to fight inflation at 67%, we find out how it affects ordinary citizens. And as the EU moves to close unpaid internships but unions say it's not enough.Roger will be joined throughout the programme by two guests on opposite side of the world: Diane Brady, Executive Director of Fortune Live Media and Editorial Director of the Fortune CEO Initiative in New York City. And James Mayger, China Economics Reporter for Bloomberg based in Beijing.(Picture: Women uses her iPhone mobile device as she passes a lighted Apple logo at the Apple store in New York. Credit: Reuters)
3/22/202450 minutes, 17 seconds
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Federal Reserve sees three rate cuts this year

The US central bank has left interest rates unchanged this month but says they will be cut three times before the end of the year. We look into the details.The world's most expensive drug will soon be available in the US at a price of $4.25m. We hear about the rare disease it treats and the high cost of developing medicine to battle it. Sam Fenwick discusses these and more business stories with two guests on opposite sides of the world: Kristina Hooper, Chief Global Market Strategist at New York-based Invesco, and Yoko Ishikura, Professor Emeritus at Hitotsubashi University.(Picture: US Federal Reserve Board Chairman Jerome Powell. Picture credit: SHAWN THEW/EPA-EFE/REX/Shutterstock.)
3/21/202450 minutes, 17 seconds
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Hong Kong's lawmakers pass tough security bill

The new law broadens the definition of state secrets in a way that could scare away investors. Will the city be able to maintain its place as a top financial hub?The British band Chumbawamba is trying to prevent its biggest hit from being used by a politician in New Zealand. The lead singer tells us why.And Star Wars creator George Lucas steps into the boardroom power battle at Disney to support the firm's CEO, Bob Iger. Will the Force be with him?(Picture: Hong Kong Chief Executive John Lee Ka-Chiu. Picture credit: DANIEL CENG/EPA-EFE/REX/Shutterstock.)
3/20/202449 minutes, 46 seconds
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Will Japan end its negative interest rate regime?

The country has had negative rates since 2016. Now, the central bank could raise them for the first time in 17 years. We find out what consequences this could have.Rare protests have emerged in Cuba over electricity and fuel shortages. We get the latest.And Uber will pay $178m as part of a settlement to end a lawsuit filed on behalf of thousands of taxi operators and drivers. We look into the detail.Sam Fenwick discusses this and more business news with two guests on opposite sides of the world: Oliver Stuenkel, an associate professor of International Relations at the Vargas Foundation in Sao Paulo, Brazil, and Rebecca Choong Wilkins, senior Asia correspondent for Bloomberg in Hong Kong.(Picture: Japanese national flag waves at the Bank of Japan building in Tokyo. Picture credit: REUTERS.)
3/19/202450 minutes, 16 seconds
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US Opioid epidemic

The United States is warning the rest of the world that the US is the canary in the coalmine when it comes to the global opioid crisis. Our presenter Will Bain will be hearing what the US plans on doing.We look at the challenges of exporting through the Red Sea during the holy month of Ramadan.And St. Patricks Day is happening this weekend but how much of a boost will it bring to the US and Irish economy?We will be joined throughout the programme by two guests on opposite side of the world: Takara Small technology journalist based in Toronto, Canada and Rachel Pupazzoni, national business reporter and presenter for ABC News in Perth, Australia.(Picture: Prescription bottle for Oxycodone tablets and pills on glass table with reflections. Credit: Getty Images)
3/16/202450 minutes, 6 seconds
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TikTok buyout plan

Former Secretary of the U.S. Treasury Steven Mnuchin said he is arranging a team of investors to purchase Chinese social media giant TikTok. Our presenter Roger Hearing will be looking at how significant this move will be to stop Chinese influence in America.Denmark moves to conscript women into the armed forces for the first time as part of a beefing up of its defences - but there are fears about what that will do to the labour market.And robot taxis are introduced to Los Angeles for the first time.Roger will be joined throughout the programme by two guests on opposite side of the world: Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Centre on Global Energy Policy in Austin, Texas, and Nga Pham, journalist and film-maker in Taipei. (Picture: Senate Judiciary Committee hearing on online child sexual exploitation, at the U.S. Capitol in Washington. Credit: Reuters)
3/15/202450 minutes, 11 seconds
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How will a new bill aimed at TikTok affect US businesses?

The US House of Representatives has approved a landmark bill that could see TikTok banned in America.The measure would give the social media giant's parent company ByteDance six months to sell its controlling stake, or the app will be removed in the US. Many people are concerned about the possible ban, including US business owners who use TikTok to boost sales.Also in the programme, presenter Will Bain asks why the EU has decided to regulate AI and talks to a major donor from the US election campaign.(Picture: Illustration shows U.S. flag and TikTok logo. Picture credit: Reuters)
3/14/202450 minutes, 12 seconds
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US inflation rises to 3.2%

The inflation rate in the US picked up in February, as prices for petrol and housing pushed higher.The annual rate, which measures the pace of price increases, was 3.2% in February, up from 3.1% in January, the Labor Department said.Airfare, car insurance and clothing were among the items driving the increase over the month.Also, in the programme, Sam Fenwick will talk to a doctor striking in South Korea and finds out how the climate change is having a big impact on the cost of bananas.(Picture: Inflation in the United States, Austin, USA. Picture credit: EPA-EFE/REX/Shutterstock)
3/13/202450 minutes, 11 seconds
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US pledges $100M for crisis-hit Haiti

The US Secretary of State, Anthony Blinken, and leaders of the Caribbean bloc have held emergency talks in Jamaica on the state of anarchy sweeping Haiti. The United Nations-backed multinational security force will receive $100 million to help Haitian police fight gangs and the US will give $33 million in humanitarian aid.Also, in the programme, Devina Gupta finds out what's happening with the Chinese economy and why US president Joe Biden is proposing to raise taxes.(Picture: U.S. Secretary of State Antony Blinken visits Jamaica. Picture credit: Reuters)
3/12/202450 minutes, 8 seconds
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OpenAI reinstates Sam Altman to board

The firm's CEO has been cleared of any wrongdoing in an investigation of the events that led to his brief ouster last year. We get the latest.TikTok urged users to call politicians to complain about a bill that would force its parent company to either sell or shut down the Chinese-owned app in the US. We ask an expert about the implications this could have. A power company has admitted it might be responsible for the start of the largest wildfires in Texas history. We hear the details. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Takara Small, multimedia journalist and entrepreneur in Toronto, and Colin Peacock, producer and presenter of Mediawatch on Radio New Zealand, in Wellington. (Picture: Sam Altman. Picture credit: REUTERS.)
3/9/202450 minutes, 17 seconds
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State of the Union: What will Joe Biden say?

The US president will deliver his speech as he tries to convince Americans he should be re-elected. We get the latest.A US congressional panel has approved a bill that would force TikTok's parent company ByteDance to sell the app within six months or face a ban. We look into their reasons.And we explore why a growing number of Americans are choosing to switch to local community banks. Vivienne Nunis discusses these and more business stories with two guests on opposite sides of the world: Alison Van Diggelen, host of "Fresh Dialogues" based in Silicon Valley, and Rachel Cartland, author and commentator based in Hong Kong.(Picture: Joe Biden. Picture credit: REUTERS)
3/8/202450 minutes, 24 seconds
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Nikki Haley drops out of Republican presidential race

Republican candidate Nikki Haley suspends her presidential campaign after losing against Donald Trump on Super Tuesday. Vivienne Nunis will be looking at what happens now to the billionaire backers funding her campaign. With global cocoa prices soaring, we speak to the CEO of Lindt chocolate about its boost to profitability. And Ireland will be making changes to their constitution on Friday which refers to women's roles as "caregivers in the home".Vivienne will be joined throughout the programme by two guests on opposite side of the world: Karen Percy, senior freelance reporter in Melbourne, Australia and Dante Disparte Chief Strategy Officer and Head of Global Policy for Circle in Washington.(Picture: Republican presidential candidate Nikki Haley announces the suspension of her campaign, in Charleston. Credit: Reuters)
3/7/202450 minutes, 16 seconds
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Polls begin to close on Super Tuesday

Polls are beginning to close across the 15 primary states in the U.S as Super Tuesday comes to an end. Our presenter Roger Hearing will be bringing us up to date on what the polls are saying.We'll be hearing from voters who have made up their minds and those who are still considering.And we find out if the fact that the US economy is beginning to show signs of strength, will affect the outcome in November.Roger will be joined throughout the programme by two guests: Tony Nash, Chief Economist, Complete Intelligence who's in Houston and Laura Schwartz, former Advisor to Bill Clinton and democratic strategist, who's in Chicago.(Picture: A sign is displayed during the Super Tuesday primary election in McAllen, Texas, U.S. March 5, 2024. Credit: REUTERS/Cheney Orr)
3/6/202450 minutes, 28 seconds
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China: National People's Congress preview

The National People's Congress starts on Tuesday, bringing together China’s political elite, as well as leaders in business, tech, media, and the arts. Rahul Tandon will be looking ahead to the congress as China’s leading economics official, premier Li Qiang has said he will not address the press this year. Also Apple has been fined $2billion dollars by the EU for violating their anti- trust laws. We hear if it should it have been more for them to feel the impact? And in the United States Americans now live roughly twice as far from their offices as they did pre-pandemic. Rahul Tandon is joined throughout by two guests on opposite sides of the world: Sergio Guzman, Director at Colombia Risk Analysis in Bogotá, Colombia and Stephanie Hare, Researcher on technology and ethics in London, UK.(Picture: Chinese Premier Li Qiang delivers the work report at the opening session of the National People's Congress. Credit: Reuters)
3/5/202450 minutes, 16 seconds
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Musk v OpenAI: ideology or money?

Elon Musk is suing OpenAI, the makers of ChatGPT, arguing it has breached the principles he agreed to when he helped found it in 2015.The lawsuit - which has also been filed against OpenAI boss Sam Altman - says the firm has departed from its original non-profit, open source mission.Musk says that instead of trying to "benefit humanity" - as it was set up to do - OpenAI is focusing on "maximising profits" for major investor Microsoft. Also in the programme, we will talk about offices which been converted into houses in the US.(Picture: Tesla CEO and Twitter owner Elon Musk attends the VivaTech conference in Paris. Picture credit: Reuters)
3/2/202450 minutes, 25 seconds
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Why junior doctors in South Korea are fighting for their rights?

South Korea is dealing with another day of a doctors' strike. Most junior doctors there have so far defied a government order to return to work by the end of Thursday, despite the threat of legal action. About eighty percent of junior doctors walked out last week in protest against a decision to sharply increase the number of medical school places. They say training more doctors could lower the quality of medical school education and reduce pay. The authorities say the increase will address shortages linked to South Korea's rapidly ageing population, and a lack of doctors in rural areas. We get the views of people in Seoul on the strike action.Also, in the programme, we will hear from The United States Trade Representative - Katherine Tai, who tells us why the fall in bilateral trade between the United States and China is a positive development for both economies.(Picture: South Korean doctors march to protest against the government's medical policy in Seoul. Picture credit: Reuters)
3/1/202450 minutes, 24 seconds
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US Fed await new inflation data

US Inflation is down significantly from peak levels but there is some chance its underlying level is not at the Fed’s 2% annual goal, as they await figures due out on Thursday. Sam Fenwick will be hearing what investors are saying.US aviation regulators have given Boeing 90 days to come up with a plan to fix safety problems, this comes after a door panel blew off the 737 Max aircraft last month.And we'll hear from the business woman who took on Elon Musk and won. After Tesla cancelled an order worth two thousand dollars.Sam Fenwick is joined throughout by two guests on opposite sides of the world: Rachel Pupazzoni is a business reporter and presenter at ABC news in Perth, Australia and Walter Todd is President Chief Investment Officer at Greenwood Capital in South Carolina, USA.(Picture: Cash dollars and stock market indicators. Credit: Getty Images)
2/29/202450 minutes, 18 seconds
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Michigan: The critical swing state

As the people of Michigan head to the polls to choose their candidates for the up-coming US election. Democrats will be watching to see the results of a protest movement - calling for voters unhappy with Biden's handling of the war in Gaza to vote “uncommitted”. Sam Fenwick will be looking at what drivers the state's economy.We get the latest on why Nigeria is experiencing the worst economic crisis in a generation as inflation continues to soar.And an iconic US department store, Macy's is closing a fifth of its shops. Some of those to shut are in surprising locations.Sam Fenwick is joined throughout by two guests on opposite sides of the world: Takara Small a tech journalist in Toronto Canada and Simon Littlewood, President of ACG Global it's an investment advisory firm in Singapore.(Picture: A man goes behind a voting booth as Democrats and Republicans hold their Michigan primary presidential election, in Detroit, Michigan, U.S. Credit: Reuters)
2/28/202450 minutes, 17 seconds
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Farmers in Europe continue protests

Farmers in Europe have been protesting about low food prices, cheap imports, and new EU environmental measures. Sam Fenwick will be hearing if there is any progress on negotiations as Europe comes to a halt.Meanwhile a billion-dollar donation to a New York medical school means hundreds of students will graduate debt free.And you might think that the athleisure executive look is effortlessly thrown together. We can reveal that it isn't as CEO's and business executives are spending a fortune on wardrobe makeovers. Sam Fenwick is joined throughout by two guests on opposite sides of the world: Peter Morici an Economist at the University of Maryland in the U.S and Sushma Ramachandran a Senior Financial Journalist for The Tribune newspaper in India.(Picture: Tractor stands near the EU Commission headquarters during a protest on the day of an EU Agriculture Ministers meeting in Brussels, Belgium. Credit: Reuters)
2/27/202450 minutes, 18 seconds
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Ukraine Russia war hits two year mark

President Biden promises more sanctions against Russia. The invasion of Ukraine started two years ago, and we examine the economic fallout. Chipmaker Nvidia has lifted its earnings to new record levels. Does this suggest a wider boom amongst companies in this sector?and Germany legalises the use of cannabis. We discuss whether the move could lead to the emergence of a legal profitable market.
2/24/202450 minutes, 31 seconds
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US firm becomes first private company to successfully land a spacecraft on the Moon

The Houston-based company hopes to send another spacecraft in March that would drill to find underground ice. We discuss what this means other private firms hoping to explore space Google fixes its new AI-powered tool for creating pictures, after claims it was over-correcting against the risk of being racist. We hear from a former Google executive about the challenges facing tech companies who are working with AI tools. Shares in chipmaker Nvidia surge. We hear what is behind the $277bn in history’s biggest ever stock rally
2/23/202452 minutes, 46 seconds
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U.S moves to prevent ports from cyber attacks

The US government is announcing a series of actions to strengthen the cybersecurity of U.S. ports the move is aimed at targeting Chinese cyber-attacks. Ed Butler will be finding out what kind of plans are being put in place. The AI chipmaker Nvidia wows investors with some startling returns in its latest results. Is the company's boss right to call this a tipping point in the sector?And is it time to cap everyone's personal wealth? That is the view of one outspoken economist. Ed Butler is joined throughout by two guests on opposite sides of the world: Sharon Brettkelly, presenter of The Detail on Radio New Zealand and Michael Malone, Silicon Valley journalist and host of the Silicon Insider podcast.(Picture: US President Joe Biden in Los Angeles, Culver City. Credit: EPA-EFE/REX/Shutterstock)
2/22/202450 minutes, 18 seconds
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Biden's re-election campaign raises $42 million

U.S. President Joe Biden's re-election campaign and his Democratic Party allies raised more than $42 million in January. Our Presenter Ed Butler will be finding out how much money is needed to have a successful campaign. A billionaire former property investor from China tells us why he reckons efforts to reform the property market there are doomed to fail. And we are hearing all about Beyoncé's launch of her first-ever hair car brand. Ed Butler is joined throughout by two guests on opposite sides of the world: Rebecca Choong Wilkins, Senior Asia Correspondent for Bloomberg in Honk Kong and Dante Disparte, Chief Strategy Officer at Circle a global financial technology firm in New York. (Picture: U.S. President Joe Biden waves as he boards Air Force One en route to California from Joint Base Andrews, in Maryland, U.S. Credit: Reuters)
2/21/202450 minutes, 16 seconds
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The Red Sea crisis three months on

The Houthis have launched dozens of missiles and drones at merchant vessels and Western warships in the Red Sea and Gulf of Aden since mid-November. Ed Butler looks back at how we got here and if there is any reconciliation in sight.We hear how why Israel's economy has seemingly crashed since the start of the war in Gaza and what can be done about it. And a multi-millionaire is selling off his footwear collection for charity.Ed Butler is joined throughout by two guests on opposite sides of the world: Mehmal Sarfraz the Co-founder of the online journal - The Current PK in Lahore, Pakistan and Sergio Guzman the Director of Colombia Risk Analysis in Bogotá, Colombia.(Picture: The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Credit: Reuters)
2/20/202450 minutes, 17 seconds
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Trump ordered to pay $354.9m in financial fraud case

A New York judge has ordered Donald Trump to pay $354.9 million over fraud allegations and banned him from running companies in the state for three years. What could this mean for Trump, his family and his business empire?Alexei Navalny, Russia's most significant opposition leader for the past decade and outspoken critic of Vladimir Putin, has died in a prison near the Arctic Circle. We look at what this could mean for Russia and for future possible sanctions.Presenter Roger Hearing is joined by Nga Pham, journalist and filmmaker based in Taipei, and Ralph Silva, Professor at Yorkville University, in Toronto to discuss these and other top business stories from across the globe. (Picture credit: Getty Images/Joe Raedle.)
2/17/202450 minutes, 19 seconds
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Xbox- exclusive games available on other consoles

Microsoft's Gaming CEO Phil Spencer has announced four of its Xbox- exclusive games will be available on other consoles for the first time, the news comes after an increase in multi-platform games by Microsoft. Roger Hearing finds out what this means for the gaming industry going forward. We also hear from local business in the US to hear how they are coping as their retail figures are revealed. And we look at the four sportspeople who have turned their success on the field into financial success reaching the status of billionaire.Roger Hearing is joined throughout by two guests on opposite sides of the world: Alison Van Diggelen, Journalist, Host of Fresh Dialogues based in Silicon Valley and Colin Peacock from Radio New Zealand in Wellington.(Picture: Living room with a Microsoft Xbox Series X home video game console alongside a television and soundbar, Credit: Getty Images)
2/16/202450 minutes, 17 seconds
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Japan slips into recession

Japan's economy slips into a recession as domestic demand weakens and they lose their title as the world's third-largest economy. Devina Gupta takes a look at why this has happened.People in Indonesia wake up to the news that former military chief, Prabowo Subianto, is likely to be Indonesia's next president but what does this mean for them?And a new hybrid rice made from beef cells might be coming to the market.Devina will be joined throughout the programme by two guests on opposite sides of the world Takara Small, technology journalist from Toronto in Canada and Jessica Khine, Business Development Consultant in Malaysia.(Picture: Tourism in Japan during Lunar New Year holidays, Tokyo Credit: EPA-EFE/REX/Shutterstock)
2/15/202450 minutes, 19 seconds
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Gig workers go on strike

Takeaway delivery drivers are planning to strike on Valentine's Day to demand better pay and improved working conditions.The action, impacting four food apps including Deliveroo and Uber Eats, is thought to involve as many as 3,000 drivers and riders. Also, in the programme, we will talk about Chile's deadliest forest fire and learn how stubborn inflation is impacting businesses in the US.(Picture: UK delivery drivers to strike on Valentine's Day, London, United Kingdom - 12 Feb 2024. Picture credit: EPA-EFE/REX/Shutterstock)
2/14/202449 minutes, 52 seconds
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Indian farmers plan new protests over produce prices

Millions of farmers in India are taking to the streets to demand more help for the industry. The protests come ahead of a General Election year and farmers hope this will help them achieve their aims. Also, in the programme, we will talk about the economic fallout from the General Election in Pakistan and find out the true cost of putting together a Super Bowl party.. (Picture: Elderly farmer man lost in thought. Picture credit: Getty Images)
2/13/202450 minutes, 15 seconds
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Venezuela builds up troops near Guyana border

The government of Nicolas Maduro increases military presence in the border with the disputed oil-rich Essequibo region despite the recent commitments it made in talks with Guyana. We take a look at how recent oil discoveries have escalated a historic disagreement. As the Super Bowl approaches, we hear how the negotiations to take one of the largest sport events in the world to Las Vegas for the first time happened. And we look into why the US financial regulator is cracking down on firms that didn't take measures to prevent staff from using text apps like WhatsApp to communicate with colleagues and clients. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Andy Uhler, Journalism Fellow at the Columbia University Center on Global Energy Policy & University of Texas Energy Institute, and Sharon Brettkelly of Radio New Zealand. (Picture: Nicolas Maduro in Caracas, Venezuela on 7 Dec 2023. Picture credit: Prensa Miraflores.)
2/10/202450 minutes, 23 seconds
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Vladimir Putin's first interview to Western media since war in Ukraine

The Russian leader talks to American commentator Tucker Carlson about his plans on Ukraine. We discuss what he said and why now.Authorities in Pakistan suspended calls and mobile internet data during a controversial election. We get the latest.And the United Nations says Mongolia is facing a humanitarian crisis due to extreme weather conditions that have become more common in the country. We hear more from Kanni Wignaraja, the UN assistant secretary general and the United Nations Development Programme Regional Director for Asia and the Pacific. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Mehmal Sarfraz, journalist in Karachi, and Sarah Kunst, Managing Director of Cleo Capital in London.(Picture: Russian President Vladimir Putin and US television host Tucker Carlson in Moscow, Russia. Picture credit: REUTERS.)
2/9/202450 minutes, 15 seconds
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Senators block $118bn US-Mexico border deal

Republicans in the US Senate have blocked legislation that would bring in tougher border restrictions and grant a $118bn foreign aid package. Sam Fenwick looks at why the major bipartisan deal which took months to negotiate was voted down.Also we find out if Australian consumers are paying too much for their groceries and childcare. There is tough competition in online retail as Alibaba loses market share to two of its major rivals. We hear who they are and why they are having so much success. Sam Fenwick is joined throughout the programme by two guests: Sergio Guzman, in Bogotá, Colombia's where he runs his own risk analysis company and Karen Percy in Adelaide, Australia a freelance reporter, formerly of the Australian Broadcasting Corporation.(Picture: The United States Capitol Building, the seat of Congress, on the National Mall in Washington, D.C. Credit: Getty)
2/8/202450 minutes, 18 seconds
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Meta tackles AI images

Facebook's parent company Meta will begin labelling images posted to Facebook, Instagram and Threads that have been created using AI, but how do you spot an image generated by AI?Investigators have found that a door panel which flew off a Boeing 737 MAX 9 appeared to be missing four key bolts. We look at what this means for the company.And the percentage of working women in the United States hit a record high in 2023 – defying expectations of a slow post-pandemic recovery.Sam is joined throughout the programme by two guests on opposite sides of the world, Kristina Hooper, Chief Global Market Strategist at Invesco in New York City and Stefanie Yuen Thio Joint Managing Partner at TSMP Law in Singapore.(Picture: Facebook's new rebrand logo Meta is seen on smartphone in this illustration picture Credit: Reuters)
2/7/202450 minutes, 20 seconds
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King Charles III cancer diagnosis

Buckingham Palace has announced that King Charles is being treated for cancer. The specific type of disease has not been revealed, but a spokesperson confirmed it was not prostate cancer. Ed Butler gets the latest update on the monarchy. We look at the impact of natural disasters both old and new - from this year’s Chilean wildfires to last year's devastating earthquakes in Turkey and Syria.And how do you cope if you're late for a job interview? We find out what the best excuse is. Ed will be joined throughout the programme by two guests on opposite sides of the world, Yoko Ishikura – Professor Emeritus, Hitotsubashi University in Japan and Oliver Stuenkel - Professor of International Politics at the Getulio Vargas Foundation in São Paulo, Brazil. (Picture: Britain's King Charles leaves the London Clinic after receiving treatment for an enlarged prostate in London, Britain January 29, 2024. Credit: Reuters)
2/6/202450 minutes, 30 seconds
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US airstrikes hit targets in Iraq and Syria

The United States said it launched attacks on 85 targets in Iraq and Syria in response to a drone strike Sunday by Iran-backed militants on a US military outpost in Jordan. The US defence secretary says US strikes in Iraq and Syria are “the start of our response". Also, in the programme, we talk about new EU AI Act regulations and will find out how a raccoon plunges parts of Toronto into darkness.(Picture: Dignified Transfer of fallen US service members at Dover Air Force Base in Dover, Delaware, USA. Picture credit: EPA-EFE/REX/Shutterstock)
2/3/202426 minutes, 27 seconds
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EU €50bn aid package: How will it be spent?

All 27 members of the EU agreed to send the support package worth €50bn for Ukraine. Ukrainian President Volodymyr Zelensky welcomed the new funding, saying it will strengthen the country's economic and financial stability.The first transaction will be transferred in March, according Ukraine's Economy Ministry. But how will this money be spent?Also, in the programme, we will talk about a state of emergency because of a worsening drought in Catalonia and discover why Elon Musk moves to shift Tesla's legal home to Texas. (Picture: Special European Council in Brussels, Belgium. Picture credit: EPA-EFE/REX/Shutterstock)
2/2/202450 minutes, 21 seconds
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Tech CEOs testify

Mark Zuckerberg, Chief Executive of the owner of Facebook and Instagram finds himself under fire at the US Congress for not protecting children. Rahul Tandon finds out if this will it stop investment in tech companies? The US Central Bank has announced that its keeping interest rates unchanged and still at a 22 year high. But will they come down in March? And we hear why Universal Music Group are threatening to pull their vast music catalogue from social media app TikTok.Rahul will be joined throughout the programme by two guests on opposite sides of the world Michael Malone who's the host of the insider Podcast from California and Zyma Islam, a journalist with Bangladesh's leading English language newspaper the Daily Star. (Picture: Meta's CEO Mark Zuckerberg looks at X Corp's CEO Linda Yaccarino and TikTok's CEO Shou Zi Chew as they raise their hands to be sworn in during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Credit: REUTERS)
2/1/202450 minutes, 29 seconds
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Microsoft and Alphabet report results

Microsoft and Google’s parent company reveal results for their fourth quarter. Alphabet is investing heavily in AI. While Microsoft are pushing their cloud business. Sam Fenwick is getting the latest on their reports. Also on the programme, the IMF says the chances of a global recession are fading.And can Universal take on the mighty Walt Disney when it comes to theme parks?Sam will be joined throughout the programme by two guests on opposite sides of the world Dana Peterson, Chief Economist at the Conference Board in New York City and Mehmal Sarfraz, Co-founder and journalist at The Current PK news website in Lahore, Pakistan.(Picture: The Microsoft store sign is pictured in the Manhattan borough of New York City, New York, U.S., January 18, 2022. Credit: Reuters)
1/31/202450 minutes, 22 seconds
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Australian livestock stuck at sea

Australia is working to determine the next steps for sheep and cattle on a vessel that was ordered to return to the country after being diverted from the Middle East. Amazon's forced to suck up a ban on their latest takeover deal. The EU has blocked their plans to buy robot vacuum maker iRobot.A judge in Hong Kong has called time on Evergrande and ordered the liquidation of the Chinese real estate developer. What does it mean for foreign investment in China?Sam will be joined throughout the programme by two guests on opposite sides of the world Peter Morici, an economist at the University of Maryland in the US and Nga Pham a freelance Journalist from Taipei, Taiwan.(Picture: Sheep wait in a pen at a farm near Delegate, New South Wales, Australia, Credit: Reuters)
1/30/202450 minutes, 29 seconds
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Trump must pay $83.3m in defamation case

Former President Donald Trump has been ordered to pay $83m for defaming columnist E Jean Carroll in 2019 while he was president. Roger Hearing finds out what this case means for Trump going forward. Liverpool Football Club manager Juergen Klopp is leaving at the end of the season, despite having two years to go on his contract. We hear what is the best way to leave your job? Also cash as well as cards - Ireland moves to force businesses to take coins and notes Roger will be joined throughout the programme by two guests on opposite sides of the world - Colin Peacock, Producer and Presenter of Mediawatch on Radio New Zealand in Wellington. And Lori Ann Larocco, Senior Editor at CNBC in Englewood Cliffs, New Jersey.(Picture: Former U.S. President Donald Trump departs Trump Tower in New York Credit: Reuters)
1/27/202450 minutes, 15 seconds
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US GDP grows, rental market struggles

US GDP grew at an overall rate of 3.3% well above the 2% that was predicted but we hear how some people are struggling to pay rent.We also find out what is going on in the gaming world as Microsoft is slashing 8% of its workforce in their gaming division.Pursuing the theme of ageism in the workplace, we're asking how far you'd go to look younger to clinch a new job opportunity. Ed Butler discusses this and more business news with two guests on opposite sides of the world: Diane Brady in the US and Yoko Ishikura in Japan.(Picture: Row of houses in a suburb in the US Picture Credit: Getty Images)
1/26/202450 minutes, 26 seconds
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Boeing not allowed to boost production of 737 MAX 9

The US Federal Aviation Authority says it won't allow expansion in production of Boeing's 737 MAX 9 until doubts over quality control are cleared. We hear about the repercussions this could have for the company.Thousands of Argentines have taken to the streets to protest against president Javier Milei's policies and the reforms he is trying to get approved by the Congress to revive the economy. We get the latest.Microsoft's stock valuation made history after crossing the $3 trillion milestone for the first time. We look at why investors are rooting for the firm's shares.Ed Butler discusses this and more business news with two guests on opposite sides of the world: Sergio Guzman, Director of Colombia Risk Analysis in Colombia, and Alison Van Diggelen, host of Fresh Dialogues in the US.(Picture: Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S. Picture credit: REUTERS)
1/25/202450 minutes, 13 seconds
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Donald Trump favourite to win New Hampshire poll

Voters are set to select Donald Trump as Republican candidate in New Hampshire. Exit polls put him ahead of his rival Nikki Haley. We look at what this would all mean for the US economy. Netflix pays 5 billion dollars for the right to stream WWE Wrestling. We assess what this means for the streaming giant which has also added millions of new subscribers.Passengers travelling with Asiana Airlines on international flights will be weighed when they fly out for from Seoul. We hear why the data is being collected on travellers.
1/24/202450 minutes, 15 seconds
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How much cash is spent on becoming US President?

We look at how much money is really needed to run a successful presidential race in the United States. Campaign costs can run into billions of dollars and we examine how they work. The world's first vaccine programme against Malaria started in Cameroon. It is hoped it will save thousands of lives across Africa. The nominations are out for this years Golden Raspberry Awards or the Razzies. It’s a celebration of the biggest film flops of the year. We look at some of the contenders.
1/23/202450 minutes, 9 seconds
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US President Joe Biden cancels $5billion student debt

The U.S. President Joe Biden has announced plans to cancel student debt of nearly $5 billion for an additional 74,000 borrowers. This includes more than half who earned forgiveness after 10 years of public service as teachers, nurses and firefighters.Madonna sued after allegedly arriving on stage two hours late for Celebration tour. The two fans behind the claims say she arrived late for the Celebration tour at New York's Barclays Centre in DecemberSome companies are making their products smaller in order to preserve profits during the cost of living crisis. We examine so called shrinkflation, and what it means for customers.
1/20/202450 minutes, 16 seconds
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Spotify attacks Apple over fees

Apple announced it would permit app developers to sell products in places other than its own store - but only if they still paid commission.Spotify said that was "outrageous" and accused Apple of "stopping at nothing" to protect its profits. It is urging the British government to prevent similar fees being levied in the UK.Also, how another US government shutdown has been avoided and why is it tougher to get promoted if you work from home?(Picture: Top view of smartphone with music player app on white stone office desktop. Picture credit: Getty Images)
1/19/202450 minutes, 14 seconds
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The Ecuador prosecutor probing TV violence is shot

A prosecutor investigating an attack on a TV studio in Ecuador has been shot dead.Also in tonight’s programme: as Japan Airlines announces its first ever female president, just how many of the world’s airlines are run by women? And the startup behind a futuristic “hoverbike” design files for bankruptcy. So why is it so hard to get these machines off the ground? Roger Hearing find out.(Picture: Prosecutor investigating assault on television channel murdered, Guayaquil, Ecuador. Picture credit: EPA-EFE/REX/Shutterstock)
1/18/202449 minutes, 55 seconds
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Red Sea: Greek ship hit by Houthi missile

Roger Hearing is joined by Sushma Ramachandran, Senior Financial Journalist for The Tribune newspaper in Delhi, India and by technology journalist, Takara Small, in Toronto to talk about the big business stories of the day.The crisis in the Red Sea shows no sign of easing as a Greek owned ship is attacked in the Red Sea. As the threat of attacks continues, some insurance companies are placing new restrictions on the shipping industry, and many ships are now diverting around the southern tip of Africa rather than taking the shorter route through the Suez Canal. As De Beers makes some of the steepest cuts to its diamond prices in years, slashing prices by about 10 percent across the board, we look at the reasons why and what it tells us about the diamond trade.The inquiry into Britain's Post Office scandal continues - where hundreds of local post officials were prosecuted for stealing money which was in fact down to malfunctioning software. The system known as Horizon was developed by Fujitsu. Roger Hearing looks at how a company as big as Fujitsu could deal with the reputational damage that the scandal is causing. (Picture credit: Mohammed Mahmoud/Getty Images.)
1/17/202450 minutes, 19 seconds
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Iowa caucus kicks of 2024 US presidential election

Ed Butler is joined by Peter Morici, Economist at the University of Maryland, based in Washington and Jessica Khine, Corporate Advisor for Astris Advisory in Malaysia to discuss the top business stories.Iowa is the first major state to decide who will be the Republican US presidential candidate for the 2024 election. The opinion polls suggest that former President Donald Trump looks like the clear front-runner, with Nikki Haley and Florida Governor Ron DeSantis competing for second place. Houthi rebels have hit a US-owned container ship, the Gibraltar Eagle, with a ballistic missile off the coast of Yemen. The rebels say they will continue to target all US and British ships taking part in what they call aggression against Yemen. The two countries have hit Houthi positions after the group began attacking ships in the Red Sea. Ed Butler speaks to Jakob Larsen of BIMCO (The Baltic and International Maritime Council) which represents ship owners around the globe.Also on the programme, Faisal Islam, the BBC’s Economics Editor, speaks to us from the World Economic Forum in Davos, Switzerland about whether the annual gathering of the great and the good - and the rich - still has a relevance in an ever changing world.And our reporter Izzy Greenfield tells us how trainer technology is producing record times for top athletes as well as profits for the companies who make them. (Picture credit: Bloomberg/Getty Images.)
1/16/202450 minutes, 12 seconds
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Taiwan prepares for presidential election

Devina Gupta is joined by Peter Ryan, ABC's senior business correspondent in Sydney, and Alison Van Diggelen, host of the Fresh Dialogues podcast, based in San Francisco, to talk about the top business stories from around the globe.People in Taiwan are preparing to vote for a new president and legislature on Saturday. The BBC’s Cindy Sui, looks at how the country’s relationship with Beijing may have dominated election campaigns; it's the economy and jobs that concern the electorate the most.The American bank, Citigroup, says it will cut twenty-thousand jobs over the next two years. The announcement comes as the company announced its worst quarterly results for more than a decade, reporting a loss of $1.8bn. And BBC reporter Douglas Shaw meets the Italian tech entrepreneur who’s started an advertising company that creates sonic branding to help businesses stand out with distinctive sounds. (Picture credit: Sawayasu Tsuji/Getty Images.)
1/13/202450 minutes, 12 seconds
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US and UK launch strikes against Houthi rebels in Yemen

As the UK and the US launch air strikes against Houthi rebel targets in Yemen we bring you the latest as attacks are reported on the capital Sanaa, the Houthi Red Sea port of Hudaydah, the city of Dhamar, and the north-western Houthi stronghold of Saada.Presenter Roger Hearing is also joined by Stefanie Yien Thio, Joint Managing Partner at TSMP Law in Singapore, and Alexander Kaufman, Senior Reporter for the Huffington Post in New York to discuss the business stories from around the world.The Iranian Navy says it is behind the seizure of an oil tanker in the Gulf of Oman in which armed masked men boarded a ship and changed the vessel's course towards an Iranian port. The incident comes at a time of heightened concern for ships travelling through the Gulf and the Red Sea, so what does this mean for how companies involved in international trade manage the risks, and security of doing business?The US aviation regulator, the FAA, has announced it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while it was in mid-air last week. We look at what the investigation will cover.And Joe Tidy, the BBC’s Cyber Security correspondent looks at the popularity of passkeys and why they’re becoming the preferred option for signing into websites over having to remember individual passwords. (Picture credit: Mohammed Hamoud/Getty Images.)
1/12/202450 minutes, 12 seconds
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Exports in Ecuador are caught up in the crisis

Roger Hearing will be taking a look at how the crisis in Ecuador is affecting the country's economics - can it maintain the exports that provide most of its income? Also the Austrian heiress with millions of Euros she doesn't want, sets up a panel to give it away.And the dog ate my money - we hear from the US official who can rebuild chewed banknotes (Picture Image: A woman shops in an almost empty market following a wave of violence around the nation. Credit: Reuters)
1/11/202450 minutes, 14 seconds
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Gunmen storm television studio live on air

Hooded gunmen have burst onto a live TV set in Ecuador, a day after the country's president declared a state of emergency following the disappearance of a powerful gang leader from prison. Roger Hearing will be bringing us the latest. The World Bank's latest report is predicting the worst half decade of growth in 30 years as many economies are set to grow more slowly in 2024 and 2025. We find out what this means for us. And Norway has become the first country in the world to open up part of its deep sea bed for commercial-scale mining.(Picture: Armed men interrupt live programming at TC Television station, Guayaquil, Ecuador. Credit: EPA-EFE/REX/Shutterstock)
1/10/202450 minutes, 17 seconds
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United Airlines discover loose bolts on fleet

United Airlines has reported loose bolts on their Boeing 737 MAX 9 planes. Presenter Roger Hearing will be looking at what this means for the company going forward. We get a sneak preview of the latest in gadgetry and gizmos at the tech trade fair in Las Vegas. And golfing veteran Tiger Woods has ended his sponsorship deal with Nike after 27 years. A deal reported to be worth £500 million dollars. (Picture: A United Airlines Boeing 737 MAX 9 jetliner is grounded at Luis Munoz Marin International Airport in San Juan, Puerto Rico January 7, 2024. Credit: Reuters)
1/9/202450 minutes, 14 seconds
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US jobs growth remains strong

Hiring defied forecasts as the US economy added 216000 jobs in December. The Treasury Secretary says the country is achieving a 'soft landing.' We take a deep look at the figures.Guyana seems to have found a new partner to exploit its recent crude discoveries in the Essequibo region: India. We listen to the implications this might have on the dispute between this South American nation and Venezuela over the oil-rich territory.Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Dante Disparte, Chief Strategy Officer and Head of Global Policy for Circle, in Washington, and Rachel Puppazoni, business reporter with ABC News Australia, in Perth.(Picture: A 'now hiring' sign on the window of a FedEx office in Washington, DC. Picture credit: JIM LO SCALZO/EPA-EFE/REX/Shutterstock)
1/6/202450 minutes, 15 seconds
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Houthis defy US warning with new attack in the Red Sea

Houthi rebels detonate an unmanned vessel in the Red Sea a day after US and allies warned they would protect the crucial global shipping lane with military action if necessary. We get the views from the maritime industry.The Chrome browser is trying a new feature that disables third-party cookies - small files stored on your device that have become vital for advertisers. We hear about the impact this change could have on their businesses if extended to all users.And Microsoft has announced it will add a new key to keyboards, the first in 30 years: an AI key. We explain what you can do with it.Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Jessica Khine, Corporate Advisor for Astris Advisory in Tokyo, and, Oliver Stuenkel, associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo. (Picture: Yemen's Houthis claim new attack on cargo ship in Red Sea, Sanaa. Picture credit: YAHYA ARHAB/EPA-EFE/REX/Shutterstock)
1/5/202450 minutes, 18 seconds
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US jobs data latest

To discuss the big business stories of the day from around the world presenter, Roger Hearing, is joined by Zyma Islam, journalist at the Daily Star newspaper who's in Dhaka, and Kimberley Adams, Senior Washington Correspondent for Marketplace in Washington DC.Latest data from the US shows the number of new job openings fell substantially in November, its lowest in two years, suggesting that the economy is less ‘hot’ than it wasRoger Hearing examines the extraordinary story of how a Chinese student’s family paid $80,000 in response to cyber threats alleging the young student was being held hostage and how the incident in the US has shed light on a growing trend in crime - cyber kidnapping. In Australia Phil Mercer looks at the business of holograms as improvements in 3D flexible image technology mean they’re now being used by a range of industries including entertainment, education, design and defence. (Picture credit: wildpixel/Getty Images.)
1/4/202450 minutes, 18 seconds
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Harvard University President resigns after a series of rows

We look at the possible influence of rich donors on Universities in the United States.Tesla is pushed into second position in global electric car sales after Chinese rival BYD clinches the top spot.AND How much do shipping companies stand to do lose after the latest attack by Houthi rebels on cargo travelling through the Red Sea ? Photo Harvard University Cambridge Massachusetts 2023 Picture Credit Reuters/BryanSnyder
1/3/202451 minutes, 48 seconds
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Japan earthquake: What impact will it have on the economy?

Japan is hit by another earthquake. We hear about the impact it could have on the economy.We examine microfinance and how it works in practice after a Bangladeshi pioneer of this type of finance is sentenced for violating labour laws.And the state railway company of Ukraine introduces women only compartments to stop assaults on trains.
1/2/202450 minutes, 42 seconds
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How the war is impacting Russia's economy

As the war continues, we take a look at the state of the Russian economy and what this might mean for Ukraine. Argentina's new president has announced the South American country will not join the BRICS alliance. We hear about the implications this can have for the inflation-hit nation. And we listen to the challenges Nigerian businesses face to become more productive.Ed Butler discusses these and more business stories with two guests on opposite sides of the world: Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy, and Sharon Brettkelly, presenter at Radio New Zealand.(Picture: damaged residential building after shelling in Odesa, Ukraine. Picture credit: IGOR TKACHENKO/EPA-EFE/REX/Shutterstock)
12/30/202350 minutes, 18 seconds
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China’s bumpy road to economic recovery

Nearly nine-tenths of all foreign investment in China’s stock market this year has been pulled out, according to an investigation by Financial Times. We look into the reasons. The major European property developer, Signa, based in Austria, has announced that two of its key divisions were filing for insolvency. We get the latest from Vienna. And L'Oreal heiress, Francoise Bettencourt Meyers, has become the first woman to amass a fortune of $100bn after the company's shares reached a record high. (Picture: A man buys food in the grocery store, in Shanghai, China, 06 December 2023. Picture credit: ALEX PLAVEVSKI/EPA-EFE/REX/Shutterstock)
12/29/202344 minutes, 38 seconds
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New York Times sues Open AI

US news organisation the New York Times is suing ChatGPT owner OpenAI over claims its copyright was infringed to train the system.ChatGPT and other large language models (LLMs) "learn" by analysing a massive amount of data often sourced online.The lawsuit claims "millions" of articles published by the New York Times were used without its permission to make ChatGPT smarter, and claims the tool is now competing with the newspaper as a trustworthy information source.Also, in the programme, we will find out if the Red Sea safe for international shipping and will look at efforts around the world to make workers more productive.(Picture: The New York Times newspaper and office building, Manhattan, NYC. Picture credit: Getty Images)
12/28/202350 minutes, 19 seconds
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Global shipping firms set to resume to Red Sea route after attacks

Danish shipping giant Maersk has said it is preparing to resume shipping operations through the Red Sea and Gulf of Aden.We explore the fallout from a ban on some of Apple's latest watches in the US .AND We examine why Argentina's new president, Javier Milei has decided to sign a decree cancelling the contracts of seven thousand public sector workers. (Photo: A Mediterranean Shipping Company (MSC) container ship crosses the Suez Canal towards the Red Sea Credit EPA/MOHAMED HOSSAM)
12/27/202350 minutes, 31 seconds
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The AI revolution

We explore the impact of the AI revolution on businesses and the world of work.
12/26/202350 minutes, 17 seconds
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US threatens sanctions on banks helping Russia

President Joe Biden has signed an executive order expanding the US's ability to impose sanctions against Russia.The idea is to further isolate Moscow from the global economy by applying sanctions to foreign financial institutions that help Russia's military and defence sectors.Those banks then won't be allowed access to the US financial system.(Picture: US President Joe Biden during a news conference with Volodymyr Zelenskiy, Ukraine's president, not pictured, in the Indian Treaty Room on the White House complex, in Washington, DC, US, on Tuesday, Dec. 12, 2023. Picture Credit: Getty Images).
12/23/202351 minutes, 47 seconds
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The chip wars intensify

Crucial in the manufacture of many key goods, chips and the materials used to make them, are the subject of an ongoing trade war between China and the West.On Thursday Beijing banned the export of technology used to extract and process rare earth metals -- a vital component in the chip-making process. The technology has been added to a list of items that can't be sold abroad for national security reasons. So what does this mean for the global supply of advanced chips and semi conductors?(Picture: Toshiba Electronic Devices & Storage Corp.'s inverter board displayed at the Semicon Japan exhibition in Tokyo, Japan, on Wednesday, Dec. 13, 2023. Picture Credit: Getty Images).
12/22/202353 minutes, 43 seconds
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Warner and Paramount in reported merger talks

The CEOs of Warner Brothers Discovery and Paramount have reportedly met to discuss a $38 billion merger – we ask what this could mean for the future of both companies. US consumer confidence is at a five-month high, according to conference Board's consumer index which says confidence has increased to 110.7 this month. We ask how e-scooters, once all the rage, have now been left parked up. And members of the Harlem Globetrotters join us in the studio.(Picture: A Warner Bros. Entertainment Inc. logo is pictured at one of the studio's gates in Burbank, California, U.S., July 5, 2017. Credit: REUTERS/Mario Anzuoni/File Photo)
12/21/202353 minutes, 44 seconds
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Colorado Supreme Court rules Trump ineligible for 2024 ballot

Colorado’s Supreme Court has removed Trump from the 2024 US Presidential ballot. We ask what this means for the elections. US Defence Secretary Lloyd Austin is calling for more countries to join the international coalition set up to protect maritime security in the Red Sea. This comes as a number of ships have been targeted by Houthis.We hear from someone who lost millions because of Sam Bankman-Fried’s crypto fraud. Toshiba has delisted from the Tokyo Stock Exchange, we ask how the company got to this point and what it means for it's future.(Picture: Former U.S. President and Republican presidential candidate Donald Trump speaks during a "Commit to Caucus" event for his supporters in Coralville, Iowa, U.S., December 13, 2023.CREDIT: REUTERS/Vincent Alban/File Photo)
12/20/202353 minutes, 47 seconds
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US to form international coalition over Red Sea security

US is seeking to form the "broadest possible" maritime coalition. Operation Prosperity Guardian is the latest effort in ramping up security in the Red Sea region as international shipping firms have paused all shipments over safety concerns. The Houthis have attacked a number of ships in the last couple of months. We ask how this will impact global trade and oil prices. Apple may have to stop selling some of it’s watches in the US over a patent case find out why and how this may impact the company. And the Chinese firm rewarding it’s employees for exercising.(Picture: Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released November 20, 2023.Credit:Houthi Military Media/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY/File Photo)
12/19/202353 minutes, 46 seconds
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Maersk shipping firm halt Red Sea route after attacks

We discuss the impact of Maersk’s decision to stop using the Red Sea route on the global shipping industry and explore the security issues behind it. Malawi is not quite ready to give up fossil fuels. We speak to a coal mine manager to find out why. And would you trade your work Christmas party for a bonus? Our guests in the US and Taiwan share their thoughts.
12/16/202352 minutes
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Ukraine moves closer to joining the EU

At a summit in Brussels European leaders announced they will open accession talks with Kiev as well as Moldova, whilst Georgia has been awarded candidate status. Ukraine's President Volodymyr Zelensky called the decision "a victory" for his country and the whole of Europe.Vivienne Nunis discusses this and more business news from around the world with journalist Mehmal Sarfraz, Co-founder of the Current PK and Alison Van Diggelen, Host of Fresh Dialogues based in Silicon Valley.(Picture: Ukraine's President Volodymyr Zelensky (L) and U.S. Army General Christopher G. Cavoli (2-L), Commander of the US Forces for Europe and Supreme Commander of the NATO Forces in Europe (SACEUR), during Zelensky's visit to the headquarters of the U.S. Army Command in Europe and Africa in Wiesbaden, Germany, 14 December 2023. Credit: UKRAINE PRESIDENTIAL OFFICE HANDOUT/EPA-EFE/REX/Shutterstock)
12/15/202350 minutes, 12 seconds
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Federal Reserve left interest rates unchanged

The US central bank left interest rates unchanged as it said it remained committed to slowing price rises.Members of the Federal Reserve gave the strongest sign yet that they expect to start cutting rates next year.Projections released after the bank's meeting showed they expect its key interest rate to stand at 4.6% next year, more than half a percentage point lower than the current rate.Also, in the programme, we will find out how popular non-English speaking content is on Netflix. (Picture: FED The Federal Reserve System, the central banking system of the United States of America. Picture credit: Getty Images)
12/14/202350 minutes, 15 seconds
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Argentina devalues the peso

Just two days since Argentina's new president was sworn in, and already there are signs of some of the radical measures promised by Janier Milei. Argentina will weaken its peso over 50% to 800 per dollar and cut energy subsidies. The new Economy Minister Luis Caputo announced these measures, saying it would be painful in the short-term but was needed to bring down inflation.(Picture: ARGENTINA-G20-TRADE-DUJOVNE-CAPUTO. Picture credit: Getty Images)
12/13/202350 minutes, 13 seconds
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COP 28: Countries left disappointed by draft deal

The draft text of COP28 summit agreement has prompted widespread backlash from countries vulnerable to climate change. A group of small island states says the new draft is "completely insufficient" with "weak language on fossil fuels".Almost 200 countries have representatives at the Dubai summit - all must agree or the deal collapses.(Picture: COP28 UNFCCC Climate Conference: Day Eleven. Picture credit: Getty Images)
12/12/202350 minutes, 14 seconds
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Cop 28: How will we replace fossil fuels?

The UN climate change conference in Dubai is coming to an end. We examine whether there could be a big breakthrough on reducing the gases heating our planet. We hear how the new Argentinean President plans to replace the local currency with the US dollar and the US Department of Commerce is to investigate the safety of garlic imported from China.(Picture: COP28 UNFCCC Climate Conference: Day Eight. Picture credit: Getty Images)
12/9/202348 minutes, 51 seconds
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China and EU leaders meet for high stake talks

Top EU officials met Chinese President Xi Jinping in Beijing this week for their first in-person summit in four years. We examine what was on the agenda. We hear about tensions between Venezuela and Guyana over a disputed oil rich region. And popular video game Fortnite has launched a high-profile collaboration with Lego.(Picture: President of the European Commission Ursula von der Leyen, President of the European Council Charles Michel and Chinese Premier Li Qiang meeting in Beijing, China. Credit: European Union Handout)
12/8/202350 minutes, 13 seconds
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Ukraine Aid blocked by US Senate Republicans

US Senate Republicans block billions of dollars in emergency aid for Ukraine. We hear what this means for the country’s war against Russia.The government of the Italian Prime Minister Giorgia Meloni tells China it will exit their Belt and Road Initiative. We find out how this might affect future relations between the two countries.And Google launches its long-awaited answer to Chat GPT, but will their new model called Gemini succeed in the AI space?(Picture: U.S. President Joe Biden looks up while addressing the White House Tribal Nations Summit at the Department of the Interior in Washington, U.S. Credit: Reuters)
12/7/202350 minutes, 15 seconds
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Israel-Gaza war : the fighting escalates

The Israeli Prime Minister, Benjamin Netanyahu, has countered those he says are trying to pressure Israel’s military tactics, saying the only way to finish the job was to use crushing force against Hamas. Meanwhile, families of Israeli hostages held in Gaza have met Mr Netanyahu and members of his war cabinet to press for more action to be taken to ensure their release. Eighty Israeli hostages were released during the temporary truce last week - it's believed that around one-hundred-and-sixty are still being held.(Picture: ISRAEL-US-POLITICS-DIPLOMACY. Picture credit: Getty Images)
12/6/202350 minutes, 29 seconds
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UK plans tougher visa rules

The UK wants to reduce the number of migrants coming to the UK to work but the plan has faced opposition from unions and business groups. We find out how this will affect the UK's workforce. We'll hear from a lawyer involved in the Purdue Pharma bankruptcy settlement before the US Supreme Court. He'll give us his view of what could happen if a $6 billion deal is overturned. And Grand Theft Auto 6 has dropped its latest trailer ahead of schedule all because of a leak. So what does this mean for the gaming working?
12/5/202350 minutes, 27 seconds
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Agreement on farming and food at COP28

On the second day of the COP28 summit in Dubai, for the first time, countries have pledged to integrate food and agriculture into their plans to tackle climate change - acknowledging the link between farming and global warming.In what’s been called ‘climate quitting’, young people are leaving their jobs because they disapprove of their employers on climate grounds - often to work for environmental groups. It’s left top top oil and gas companies struggling to recruit the brightest and best graduates - three people who’ve done just that tell the thinking behind their decision to quit.And Phil Mercer reports on how one community in Australia is recovering from the fires of 2019 and 2020 - and preparing for dangerous conditions in the years to come. Roger Hearing discusses these and other business stories of the day with Peter Ryan, senior business correspondent at ABC Australia in Sydney and Dr Stephanie Hare, researcher, broadcaster and author in London. (PICTURE CREDIT: NurPhoto/Getty Images.)
12/2/202350 minutes, 21 seconds
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What’s on the agenda at COP28?

The COP28 summit will see world leaders from around the world discuss tackling climate change. Our presenter Rahul Tandon looks at what is on the agenda and speaks to people directly affected.Footballer Cristiano Ronaldo is being sued for $1bn after promoting a range of NFTs for Binance. We get the latest from our correspondent in the US. And is a flag important to a country’s economy? We look at the country of Kyrgyzstan as they have recently filed a bill to change the image of their flag.(Picture: 'Cop28 UAE' logo is displayed on the screen during the opening ceremony of Abu Dhabi Sustainability Week (ADSW) Credit: Reuters)
11/30/202350 minutes, 24 seconds
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Tributes to investment guru Charlie Munger who’s died aged 99

Investment guru Charlie Munger has died at the age of 99 - our presenter Rahul Tandon looks back at his legacy.We also take you to India where 41 construction workers trapped for 17 days in a tunnel in the Himalayas have finally been rescued. We find out if the pace of development in the area is too quick.And are you miserable at work? We speak to an expert on why so many of us are depressed with our jobs.(Picture: Berkshire Hathaway Vice Chair Charlie Munger arrives to begin the company's annual meeting in Omaha May 4, 2013. Credit: Reuters)
11/29/202349 minutes, 51 seconds
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Internet boss says AI consequences ‘unimaginable’

Roger Hearing talks to Mitchell Baker the CEO of Mozilla, one of the oldest and most influential internet institutions about her hopes and fears over AI.He also delves into just how much shoppers in the US spent on this Cyber Monday/Black Friday weekend. And we find about New Zealand scrapping its plans to phase out smoking altogether.
11/28/202350 minutes, 24 seconds
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Will shoppers spend big this Black Friday?

It's time for one of America's favourite shopping days. A record 130 million people were expected to shop in stores and online in the U.S. this Black Friday - according to the country's National Retail Federation. But forecasters had predicted the cost of living pressures on households would result in a more subdued day of spending compared to previous years. So how are things panning out? (Picture: A retail store on Black Friday. Picture credit: Getty Images)
11/25/202351 minutes, 14 seconds
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Ecuador: Business heir Daniel Noboa sworn in as president

35-year-old heir to a banana business empire Daniel Noboa has been sworn in as Ecuador’s new president, with a promise to create jobs and curb violence in a country gripped by a bloody drug war. Mr Noboa holds a degree in business administration from New York University and three master’s degrees, from Harvard, Northwestern and George Washington universities. He intends to bring order to the country and stop the violence. However, it is not clear what economic reforms the new president is preparing. And in North Queensland town of Karumba Australia, thousands of rats have swept up on beaches, overwhelming residents. (Picture: President Daniel Noboa Takes Office in Ecuador. Picture credit: Getty Images)
11/24/202350 minutes, 9 seconds
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Populist Geert Wilders set for victory in Dutch election

The veteran anti-Islam leader of the Freedom party pledged to cut immigration and help people who are facing high utility bills and food prices. An IPSOS exit poll indicate that this PVV party has clearly won the most seats in the snap general election. Sam Fenwick gets reaction live from the Netherlands, and discusses more business news from around the world with Walter Todd, president and chief investment officer Greenwood Capital in South Carolina and Rachel Pupazzoni, Business Reporter ABC News in Australia. (Dutch far-right politician and leader of the PVV party, Geert Wilders reacts to the exit poll and early results in the Dutch parliamentary elections, in The Hague, Netherlands November 22, 2023. Credit: REUTERS/Yves Herman)
11/23/202350 minutes, 14 seconds
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Crypto boss guilty of money laundering

The founder of the world's largest cryptocurrency exchange, Binance, has stepped down and agreed to plead guilty to federal money laundering charges in the United States. The US Justice Department said Binance prioritized its "profits over the safety of the American people" and became the largest crypto exchange "in part because of the crimes it committed." Sam Fenwick gets reaction to the ruling and more business stories from around the world with Andy Xie, independent economist in Shanghai and Rachel Premack, Editorial director at FreightWaves, in New York. (Picture: Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. Credit: REUTERS/Costas Baltas/File Photo)
11/22/202350 minutes, 17 seconds
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OpenAI employees sign resignation letter

Following the sacking of CEO Sam Altman on Friday, hundreds of members of staff have threatened to resign unless he is reinstated. Despite being offered a job at Microsoft, their CEO has suggested Altman could go back to Open AI; Microsoft shares rose on the news he could be joining the company. Sam Fenwick picks over the comings and goings, and more business news from around the world with Peter Morici, Economist at the University of Maryland in the United States, and Sushma Ramachandran, an independent business journalist and columnist for The Tribune newspaper joining us from Delhi. (Picture: A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. Credit: REUTERS/Dado Ruvic/Illustration/File Photo)
11/21/202350 minutes, 15 seconds
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ChatGPT maker OpenAI ousts CEO Sam Altman

Sam Altman, the head of artificial intelligence firm OpenAI, has been ousted by the company's board, which said it had lost confidence in his ability to lead the company. We look at what this means for the company going forward and who will be replacing him? It was announced that Amazon will lay off hundreds of employees in its Alexa division. We look at why Amazon is moving its resources towards AI and away from its Alexa smart speaker. And Canada's capital city Ottawa was once branded 'the city that fun forgot.' But plans are in place to change that. We hear how the city is hoping to hire a 'nightlife tzar'. Our presenter Roger Hearing will be discussing these topics alongside guests Andy Uhler and Salve Duplito.
11/18/202350 minutes, 17 seconds
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Amazon to start selling cars from next year

Buyers in the US will be able to browse and purchase vehicles from dealers on Amazon starting from next yea. We hear if consumers are likely to buy a Hyundai car alongside their online shopping basket and why this deal will change the way we purchase cars going forward. We take a look at the aftermath of that meeting between Joe Biden and Xi Jinping. Is anything going to change in the somewhat icy trade relations? And the UK luxury chocolatier Hotel Chocolat has been sold to the US confectionary giant Mars for $660 million. We find out why this deal has raised some eyebrows and if Mars can help the brand conquer the US. (Picture: Hyundai unveils the 2024 Santa Fe XRT during AutoMobility LA at the LA Convention Center in Los Angeles, California. Credit: EPA-EFE/REX/Shutterstock)
11/17/202350 minutes, 19 seconds
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Joe Biden and Xi Jinping meet in effort to stabilise relations

US President Joe Biden and Chinese President Xi Jinping met in San Francisco, California to discuss relations between the two countries, which deteriorated earlier this year. They agreed to restore high-level military communication and take steps to curb fentanyl production. We find out what this means for the two superpowers going forward. And the union representing thousands of Starbucks workers in the US will stage a walkout on one of the coffee chain's busiest days of the year. We get the latest from a Starbucks worker in the US. (Picture: U.S. President Joe Biden meets with Chinese President Xi Jinping on the side-lines of APEC summit, in Woodside. Credit: Reuters)
11/16/202350 minutes, 18 seconds
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What could come out of Xi and Biden's APEC talks?

The presidents of the US and China are meeting in person for the first time in a year, at the Asia-Pacific Economic Cooperation group summit in San Francisco. We consider what could be on the agenda. Sales of electric vehicles remain strong despite the reduction in public incentives to buy them. We find out why. And we go to Wales to hear how the rise in shoplifting incidents is impacting a supermarket chain. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: NPR's Emily Feng in Taipei and Cleo Capital's managing director Sarah Kunst in San Francisco. (Picture: U.S. President Joe Biden shakes hands with Chinese President Xi Jinping as they meet on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022.Picture credit: Reuters)
11/15/202351 minutes, 48 seconds
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Countries meet in Kenya to negotiate a plastic pollution treaty

The agreement could be the first of its kind, but how easy will it be to reach a consensus? Donald Trump's son, Donald Trump Jr. has appeared in court as part of a civil case against the former US president. Our reporter in New York was watching proceedings. And a researcher tells us why employees find Zoom meetings boring, and what managers can do to make them more engaging. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Kimberly Adams from Marketplace, in Washington DC, and Han Lin who is China Country Head at the Asia group, in Shanghai. (Picture: Employees sort plastic bottles at the Weeco plastic recycling factory at the Athi River industrial zone near Nairobi, Kenya, May 15, 2019. Picture credit: Reuters)
11/14/202350 minutes, 15 seconds
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French President Macron calls on Israel to stop killing Gaza's women and babies

On Thursday, the French President, Emmanuel Macron, hosted a conference in Paris aimed at co-ordinating aid for Gaza. Today, BBC Europe editor Katya Adler, has been speaking to him. She started by asking Mr Macron about his reaction to the Hamas attacks in southern Israel on 7th October, which killed at least 1,200 people, and the Israeli response, which the Hamas-run authorities in Gaza say has left more than 11,000 people dead. We also will talk about the meeting between US and China leaders - Joe Biden and Xi Jinping. And we will discuss the spending power during Diwali celebration. (Picture: French President, Emmanuel Macron Picture credit: BBC)
11/11/202349 minutes, 12 seconds
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With actors set to return to work, how diverse is Hollywood?

The 10th annual Hollywood Diversity report says top TV shows are improving representation. Also, the US says Israel will make a daily pause in the fighting in Gaza for four hours. Plus, if being micromanaged is bad for your health, what makes for a good boss? And a Texas steakhouse chef on why beef prices are reaching record levels. Rahul Tandon is joined throughout the show by Dante Disparte, Head of Global Policy for Circle, a financial technology firm in Washington DC, and Mehmal Sarfraz, a journalist and co-founder of the news website Current.pk in Lahore, Pakistan. (Picture: ISRAEL-PALESTINIAN-CONFLICT. Picture credit: Getty Images)
11/10/202350 minutes, 13 seconds
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Republicans tussle in Presidential candidate debate

With less than 12 months to go until the US presidential election, five Republican candidates took to the stage to promote their candidacy. The frontrunner for the selection, former President Donald Trump, missed the debate, instead attending a rally in Miami. Sam Fenwick hears the latest from the debate, and discusses other business stories from around the world with Steven Bertoni, Senior Editor with Forbes in New York, and Rachel Pupazzoni, Business Reporter with ABC news in Perth, Australia. (Picture: Florida Governor Ron DeSantis speaks as former New Jersey Governor Chris Christie, former South Carolina Governor Nikki Haley, former biotech executive Vivek Ramaswamy and U.S. Senator Tim Scott (R-SC) listen at the third Republican candidates' U.S. presidential debate of the 2024 U.S. presidential campaign hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, U.S., November 8, 2023. Credit: REUTERS/Mike Segar)
11/9/202349 minutes, 31 seconds
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US consumers owe $1 trillion in credit card debt

Research from the New York Fed shows the amount of credit card debt has been rising every quarter for the past two year with more people missing payments. The $154 billion increase in credit card debt is the biggest since the organisation started tracking data in 1999. Sam Fenwick discusses this and more global business news stories with Satoshi Shimoda, senior reporter at Nikkei newspaper in Tokyo, and Kristina Hooper, Chief Global Market Strategist at Invesco in New York. (Picture: Shoppers cross Sixth Avenue in the Manhattan borough of New York City, U.S., September 21, 2023. Credit: REUTERS/Bing Guan)
11/8/202350 minutes, 13 seconds
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Trump: Fraud trial continues

Donald Trump has testified in a New York court as he fights a civil fraud trial that threatens to crush his real estate empire. The former president is accused of fraudulently inflating the value of his properties to secure favourable loans. Sam Fenwick gets the latest and discusses this and more of the world's biggest business stories with Peter Morici, economist from the University of Maryland. and Jennifer Pak, China Correspondent for American Public Media in Shanghai. (Picture: Former U.S. President Donald Trump leaves the courtroom after attending the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. Credit: REUTERS/Shannon Stapleton)
11/7/202350 minutes, 12 seconds
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Australia and China plan to strengthen relationship

Australian Prime Minister Anthony Albanese touches down in Beijing this weekend and he will be the first Australian leader to visit China in seven years. Will these two nations finally bury the hatchet – we will get the latest. In the US President Biden is hosting leaders from Latin America - we will be hearing from the Under Secretary for Economic Growth, Energy, and the Environment from the US to talk about the trade ties there. And there is a rising fashion trend at the moment called 'dupes' - we look at the business of copycats handbags. (Photo: Australia's Prime Minister Anthony Albanese (L) and China's President Xi Jinping shake hands prior to a bilateral meeting on the sidelines of the G20 Leaders' Summit in November 2022. Credit: EPA-EFE/REX/Shutterstock)
11/4/202350 minutes, 28 seconds
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'Crypto King' Sam Bankman-Fried guilty of FTX fraud

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering at the end of a month-long trial in New York. We hear the latest reaction from the US and what this will mean for the former 'crypto king' as well as how his empire came crashing down. Also, the US House of Representatives has voted in favour of sending more than fourteen billion dollars of security aid to Israel. And we look at why more women are now choosing MBA programs in the US and how they are being supported in various business school. (Picture: FTX founder Sam Bankman-Fried exits United States Court in New York City, New York in June Credit: Reuters)
11/3/202350 minutes, 1 second
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US Fed holds interest rates at 22-year high

The US Federal Reserve has left interest rates unchanged at a 22 year high in a bid to stabilise price rises which has reached record levels. We'll be getting the latest reaction from a business in the US. Shares in the world's biggest offshore wind developer Orsted has fallen all because they abandoned a project to build two huge wind farms off the east coast of the United States. We hear why it seems so hard to get these developments of the ground. And would you fancy a 70-hour working week? Well one man in India has sparked a debate in the country with this call saying young Indian professionals need to work harder and longer. (Picture: US Federal Reserve Board Chairman Jerome Powell delivers remarks after the Fed refrained from raising interest rates. Picture credit: EPA-EFE/REX/Shutterstock)
11/2/202350 minutes, 27 seconds
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Israel military confirms deadly strike in north Gaza

Israel's military has confirmed that its jets carried out an attack in the Jabalia area of Gaza. The IDF says the strike killed a senior Hamas commander and caused the collapse of Hamas's underground infrastructure. The Hamas-run health ministry and a hospital director say at least 50 people were killed. (Picture: GAZA CITY, GAZA - OCTOBER 31: A view from the area after Israeli airstrikes on Jabalia refugee camp in northern Gaza, on October 31, 2023. Picture credit: Getty Images).
11/1/202350 minutes, 14 seconds
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US confident more aid will reach Gaza

The United States has said it is confident there will be an increase in humanitarian aid entering Gaza through the Rafah crossing at the border with Egypt in the coming days. Meanwhile, Israel has been continuing to intensify its air and ground attacks on the Gaza Strip. Israeli forces have been seen on the territory's main north-south road, close to Gaza City. (Picture: KHAN YUNIS, GAZA - OCTOBER 29: Distribution of medical aid and medicines to Nasser Medical Hospital in the city of Khan Yunis, south of the Gaza Strip, which recently arrived through the Rafah crossing on October 29, 2023 in Khan Yunis, Gaza. Picture credit: Getty Images).
10/31/202350 minutes, 12 seconds
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Biden meets Wang as the US and China prepare for the scheduled leaders' summit

On Friday, US President Joe Biden met with China's Foreign Minister Wang Yi for an hour, which the White House described as a "good opportunity" to maintain lines of communication open between the two geopolitical foes. And Taylor Swift, with a record-breaking tour, a blockbuster film, and a keen business sense, the 33-year-old musician is now worth $1.1 billion. Devina Gupta discusses this and more of the business news from around with James Early, Chief Investment Officer at BBAE (digital investment platform) in Washington D.C, and Sushma Ramachandran, Independent business journalist and columnist at The Tribune newspaper, Delhi. (Picture: US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi arrive to speaks to the press prior to meetings at the State Department in Washington, DC, October 26, 2023. Photo Credit: SAUL LOEB/AFP via Getty Images).
10/28/202350 minutes, 10 seconds
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FTX: 'King of Crypto' testifies to judge in fraud trial

Former crypto boss Sam Bankman-Fried has been testifying to a judge at his trial after the jury was sent home. The former entrepreneur was asked to testify to Judge Lewis Kaplan to determine which parts of his testimony can be put to the jury. The PlayStation 5's manufacturer, Sony, has announced that the supply chain issues that beset the device for three years have been fixed. Leanna Byrne discusses this and more of the business news from around with Yoko Ishikura, Professor Emeritus at Hitotsubashi University and currently a member of the World Economic Forum’s Expert Network based in Japan and in Colombia we have Sergio Guzmán, Director at Colombia Risk Analysis. (FTX Founder Sam Bankman-Fried leaves from Manhattan Federal Court after court appearance in New York, United States on June 15, 2023. Photo Credit: Fatih Aktas/Anadolu Agency via Getty Images)
10/27/202350 minutes, 21 seconds
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Trump backer Mark Johnson elected speaker

Mike Johnson has been elected Speaker of the House of Representatives, ending weeks of chaos and Republican infighting on Capitol Hill. Mr Johnson's success in the hard-fought Speaker battle represents a victory for the ideologically right-wing, Trump-aligned faction of the Republican Party and a loss for its moderates, whose candidates struggled to gain traction among conservative representatives on Capitol Hill. (Picture: House Elects Mike Johnson Of Louisiana As Speaker. Picture credit: Getty Images)
10/26/202350 minutes, 15 seconds
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Meta sued by US states

Thirty three US states have grouped together to file a lawsuit accusing Facebook and Instagram's owner Meta of contributing to a youth mental health crisis for the sake of profit. A suit filed in a federal court in California said Meta had "repeatedly misled the public about the substantial dangers of its Social Media Platforms". Meta said it sought to make young people safe online. (Picture: State Senator Andrew Gounardes speaks as Governor Kathy. Picture credit: Getty Images)
10/25/202349 minutes, 4 seconds
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Chevron to buy Hess Corp for $53 billion

There's a mood of consolidation in the air in the US oil industry - earlier this month Exxon Mobil, the largest American oil-producer, bought oil-explorer Pioneer Natural Resources for $59.5bn. Now Chevron has announced its buying its main rival Hess for $53bn. The oil industry last went through an era of major consolidation in the late 1990s, following a collapse in oil prices. That's not the case now. Today, the majors are sitting on piles of cash. (Picture: Blue Metal Oil Barrels Stacked In A Warehouse. Picture credit: Getty Images)
10/24/202350 minutes, 15 seconds
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Argentina heads to the ballot box for presidential election

Voters in Argentina will be heading to the voting centres on Sunday to cast their ballot in what is widely regarded as the most unpredictable presidential election since the country returned to democracy 40 years ago. And this comes in the middle of an economic crisis with inflation is at almost 140%. One of the Presidential candidates, Javier Milei is promising to dollarizing the economy and get rid of the local currency, the Peso. Rahul Tandon discusses this and more of the business news from around with Fermin Koop, Argentine freelance journalist on environmental and climate change, and Rebecca Choong Wilkins, Senior Correspondent and China Credit Reporter for Bloomberg who mainly covers China property debt. (Picture: A supporter of Argentina's presidential candidate, poses for a picture during the closing of a campaign in Lomas de Zamora, Buenos Aires province, on October 19, 2023, ahead of Argentina's presidential election to be held on October 22. Photo Credit: JUAN MABROMATA/AFP via Getty Images)
10/21/202350 minutes, 15 seconds
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Biden addresses nation as Israel-Hamas war continues

US President Joe Biden has delivered a national primetime address from the White House. The speech has touched on US support for Israel and Ukraine, among other issues of national security. Biden's began his address saying: "We're facing an inflection point in history." Rahul Tandon discusses this and more of the business news from around with Stephanie Hare, a researcher of technology and politics based in London, and Andy Xie who is independent economist in Shanghai and formerly worked for Morgan Stanley & the World Bank. (Picture: US President Joe Biden addresses the nation on the conflict between Israel and Gaza and the Russian invasion of Ukraine from the Oval Office of the White House in Washington, DC, on October 19, 2023. Photo Credit: Jonathan Ernst/POOL/AFP via Getty Images)
10/20/202350 minutes, 13 seconds
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Aid poised to enter Gaza strip

International aid agencies are waiting to get full details of the opening of Egyptian border with Gaza for aid delivery to the strip after 10 days war. The US president Joe Biden has announced that Egyptian President Abdel Fattah al-Sisi has agreed to open the Rafah crossing to a handful of trucks loaded with aid destined for the Gaza Strip. We will hear from The International Federation of Red Cross and Red Crescent Societies about they are ready to deliver this aid to the people who need it. (Picture: Aid convoy trucks loaded with supplies are seen near the North Sinai in Egypt on October 15, 2023. The aid convoy, organized by a group of Egyptian NGOs, set off today from Cairo for the Gaza-Egypt border crossing at Rafah. Photo credit: Mahmoud Khaled/Getty Images)
10/19/202350 minutes, 15 seconds
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Getting aid into Gaza

The World Health Organisation says it needs urgent safe passage to send supplies as people are 'dying unnecessarily from a lack of water and medical care'. President Biden and other world leaders have called on Egypt to open the border known as the Rafah crossing as tonnes of aid piles up. Sam Fenwick discusses this and more business news from around the world with Tony Nash, chief economist at Complete Intelligence, in Texas, and Rachel Cartland, author, writer and expert on Hong Kong. (Picture: People load a humanitarian aid convoy for the Gaza Strip, parked in Arish, Egypt, 16 October 2023.Credit: STR/EPA-EFE/REX/Shutterstock)
10/18/202350 minutes, 11 seconds
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Leaders gather for Belt and Road Forum

Russia's President Vladimir Putin is expected to meet China's President Xi Jinping as the programme marks its 10th anniversary. Over that ten years has it benefitted China or the developing countries where the building projects have taken place? Roger Hearing discusses this and other business news from around the world with Sharon Bretkelly, Presenter at Radio New Zealand in Auckland, and Peter Morici, Economist at the University of Maryland.
10/17/202350 minutes, 14 seconds
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Microsoft completes biggest deal in gaming history

Microsoft has completed its $69bn takeover of Call of Duty-maker Activision Blizzard in the gaming industry's biggest ever deal. Also we will dear about the US healthcare company Kaiser Permanente and its workers have reached a tentative deal, following the largest medical strike on record. More than 75,000 health workers in five US states and Washington DC went on a 72-hour strike for better wages and improved staffing last week. Vivienne Nunis discusses this and more of the business news from around with Takara Small, Toronto-based technology journalist, and Simon Littlewood, President of ACG Global Growth Delivered based in Singapore. (Picture: Microsoft acquires Activision Blizzard. The European Union approved Microsoft's acquisition of Activision Blizzard. Photo credit: CFOTO/Future Publishing via Getty Images)
10/14/202350 minutes
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New Zealand's economy at the centre of election campaigns

New Zealanders will be casting their vote on Saturday in the country's general election, 9 months after Jacinda Arden unexpectedly resigned as Prime Minister. They'll be deciding whether to give Labour a third term in office, or flip to a National-led government. We’ll hear from the current finance minister and the deputy leader of the opposition. Ford Motor shares fell after the United Auto Workers (UAW) union expanded its strike at the company's biggest and most profitable factory in Kentucky. The UAW said 8,700 workers walked out of the truck plant in Kentucky, in response to Ford refusing to move further in contract negotiations. Vivienne Nunis discusses this and more of the business news from around with Colin Peacock, the host of MediaWatch at Radio New Zealand and Betsey Stevenson, Professor of public policy and economics at the University of Michigan. (Photo: A voting sign on display outside a polling booth during election day on October 17, 2020 in Wellington, New Zealand. Picture Credit: Getty Images)
10/13/202350 minutes, 13 seconds
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Gaza's only power station shuts down

As the conflict continues, we hear how a business tries to stay afloat in Israel, and we look into the role cryptocurrencies may have played in the financing of Hamas. The trial of the founder of FTX, Sam Bankman-Fried, goes on in New York. We get the latest from our correspondent. An undercover investigation by the BBC has exposed a blackmail scam using instant loan apps to entrap and humiliate people across Asia, Africa, and Latin America. We hear more about how it worked. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Mehmal Sarfraz, Co-founder of The Current in Lahore, and Tony Nash, chief economist at Complete Intelligence in Houston. (Picture: An Israeli army flare illuminates the sky above the northern Gaza strip on 11 October 2023. Picture credit: MOHAMMED SABER/EPA-EFE/REX/Shutterstock)
10/12/202350 minutes, 30 seconds
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Israel-Gaza conflict escalates

The US and the European Union vow to increase support as more reports of killings emerge. We take a look at the impact this is having in the global economy. Finland and Estonia are investigating damages to an undersea gas pipeline between both countries. Authorities suspect it wasn't an accident. We hear about the implications this can have for the energy market. And the trial against the crypto exchange FTX's founder, Sam Bankman-Fried, goes on in New York, where his former girlfriend will testify. We get the latest from our correspondent. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Andy Uhler in the US, journalism fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy, and Rachel Pupazzoni in Australia, a national business reporter and presenter at ABC. (Picture: A view shows houses and buildings destroyed by Israeli strikes in Gaza City, October 10, 2023. Picture credit: Reuters)
10/11/202350 minutes, 8 seconds
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Israel declares 'complete siege' of Gaza after attacks

Volatility could spread across global markets as the conflict escalates. We take a look at what is happening in the Middle East and the implications this could have for the rest of the world. China's Golden Week has given the tourism industry a huge boost, but not as big as expected. We hear more about the impact it had on tourism and retail. And Claudia Goldin has won the Nobel economic prize. We look into the research that led her to receive the award. Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Stefanie Yuen Thio, Joint Managing Partner at TSMP Law in Singapore, and Luisa Kroll, executive editor at Forbes in New York. (Picture: Smoke rises following an Israeli air strike on Gaza City, 09 October 2023. Picture credit: MOHAMMED SABER/EPA-EFE/REX/Shutterstock)
10/10/202350 minutes, 30 seconds
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US Labour market: what's behind unexpected growth?

Employers added 336,000 jobs in September, almost double the 170,000 estimated, according to figures released by the Labor Department. Great news if you're looking for work there, of course, but if you're in the Federal Reserve, America's central bank, and worried about the economy overheating, maybe not so good. (Picture: Portrait of smiling waitress carrying food and drink on serving tray in bar. Picture credit: Getty Images)
10/7/202350 minutes, 18 seconds
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WTO cuts world trade forecast by over 50%

The World Trade organisation has halved its estimate for global exports growth this year - from 1.7% to just 0.8%. Ngozi Okonjo-Iweala, WTO director-general, said the projected slowdown was “cause for concern, because of the adverse implications for the living standards of people around the world”. (Picture: Glass globe representing international business and trade. Picture credit: Getty Images)
10/6/202350 minutes, 12 seconds
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What's behind the global bond sell-off?

Governments around the world are finding it harder to borrow as Bond prices fall. It means that yields are up, but could lead to higher interest rates for longer. Roger Hearing discusses this and more business stories from around the world with Mehmal Sarfraz, Co-Founder of The Current PK in Lahore, and Sarah Kunst, managing director of Cleo Capital, in San Francisco. (Picture: An investor walks past an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 19, 2015. Credit: REUTERS/Chaiwat Subprasom/File Photo/File Photo)
10/5/202350 minutes, 15 seconds
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Speaker McCarthy voted out

The US House of Representatives has voted to remove the Republican Speaker, Kevin McCarthy, the first time in history that the chamber has removed its Speaker from office. It follows a motion put forward by Republican rebel Matt Gaetz who had criticised Mr McCarthy for reaching a temporary spending deal with Democrats to avoid a government shutdown. Roger Hearing discusses this and more business news from around the globe with Satoshi Shimoda, Senior Journalist at Nikkei in Tokyo and Kristina Hooper, Chief Global Market Strategist at Invesco, in New York. (Picture: Speaker of the House Kevin McCarthy responds to a question from the news media as he walks to the House floor in the US Capitol in Washington, DC, USA, 03 October 2023. Credit: SHAWN THEW/EPA-EFE/REX/Shutterstock)
10/4/202350 minutes, 25 seconds
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Trump on trial

Donald Trump criticises a judge and prosecutor as he attends the opening of a fraud trial that threatens his business organisation. The former President is accused of overstating the value of his business and property in order to get bank-loans, which he denies, Roger Hearing discusses this and other business stories from around the world with Jessica Khine, Corporate Advisor for Astris Advisory in Penang, Malaysia and Peter Morici, Economist at the University of Maryland in Virginia. (Picture: Former U.S. President Donald Trump speaks at a Manhattan courthouse, where he attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, in New York City, U.S., October 2, 2023. Credit: REUTERS/Brendan McDermid)
10/3/202350 minutes, 18 seconds
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NYC floods: State of Emergency declared

A state of emergency has been declared in New York City as strong storms cause flash flooding which have affected the subway, streets and highways and closed at least one terminal at LaGuardia Airport closed on Friday. The US is edging closer to a government shutdown after Republicans rejected a last-minute funding deal in the House of Representatives. The latest on the UAW strikes in America with 7000 more workers at Ford and General Motors now set to join the industrial action. And Rahul Tandon speaks to the mixologist who’s just been voted the world’s best bartender. IMAGE CREDIT: Michael M.Santiago/Getty Images
9/30/202350 minutes, 13 seconds
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Turmoil in China’s property sector deepens

Shares in the property company Evergrande were suspended from Hong Kong trading on Thursday as the company confirmed that its billionaire founder and chairman, Hui Ka Yan, has been detained on suspicion of criminal activity. Rahul Tandon looks at the latest developments and what might happen next. Could the United Auto Workers in America reach a deal over strike action, or are they about to expand their action and call more strikes? And why after 25 years, Netflix is ending its DVD rental service, meaning there’ll be no more red envelopes being sent through the post for customers. Presenter Rahul Tandon talks about these and other business stories with Karen Percy in Melbourne and Oliver Stuenkel Associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo.
9/29/202350 minutes, 13 seconds
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UK regulators approve plans for new Rosebank North Sea oilfield

The controversial Rosebank offshore development off Shetland has been granted consent by regulators. Rosebank is the UK's largest untapped oil field and is estimated to contain up to 300 million barrels of oil. The plan has faced widespread criticism due to its impact on climate change. (Picture: Greenpeace activists board a BP oil rig in Cromarty Firth to stop it from further oil drilling at sea, June 10th 2019, Cromarty, Scotland, United Kingdom. Picture Credit: Getty Images).
9/28/202349 minutes, 58 seconds
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Donald Trump found liable for fraud

Donald Trump "repeatedly" misrepresented his wealth, by up to $3.6 billion, to banks and insurers, a New York judge has ruled. It is a major blow for Mr Trump before the case goes to trial next Monday. (Picture: ERIE, PA - JULY 29: Former President Donald J. Trump speaks to supporters during a Make America Great Again rally in Erie, Pennsylvania on July 29. Picture Credit: Getty Images).
9/27/202351 minutes, 43 seconds
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Hollywood writers reach ‘tentative’ deal to end strike

A tentative deal has been struck between a major US screenwriters union, The Writer’s Guild of America and studio bosses that could end five months of strike action. Details of the deal haven't been made public yet, but it’s understood agreement has been reached over writers' demands over protections from AI and better residual pay from streaming companies. The head of the music streaming giant Spotify, Daniel Ek, has told the BBC there is a place in the industry for music created by Artificial Intelligence, so long as it does not impersonate artists. Brazilian President Luiz Inacio Lula da Silva is in Vietnam to discuss a possible deal with the Mercosur bloc of countries - what areas would any agreement cover and how would it benefit both sides? And Roger Hearing finds out who pays the bill to maintain those super yachts and other assets seized from Russian oligarchs with links to the Kremlin. Roger Hearing discusses these and more business stories with two guests: In India, Jyoti Malhotra, Editor, National & Strategic Affairs at The Print India and in America, Kimberly Adams from Washington.
9/26/202350 minutes, 15 seconds
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UAW strike expands to dozens of sites at GM and Stellantis

The move excludes Ford, which the UAW says is making more progress in talks. We take a look at the latest developments. The Russian military company Wagner has a new leader - business school grad Dmitry Sytii. We hear more about him and what this means for the firm. And in South America, a toll on a crucial waterway has generated a growing and expensive row between Argentina and Paraguay. We look into the details. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Jennifer Pak, China Correspondent for Marketplace, and Sergio Guzmán, Director of Colombia Risk Analysis.
9/23/202350 minutes, 12 seconds
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Rupert Murdoch steps down as chair of Fox and News Corp

The 92-year-old will become chairman emeritus of the two corporations. His son, Lachland Murdoch, has been named his successor. We look at what the future might hold for family-run media empire. The cost of oranges has gone up this year as crop sizes have gone down across the world due to weather events. We hear more from a farmer and a trading association in Florida. And Russia bans the export of diesel and petrol. We look at the reasons and the impact this can have on global fuel prices. Roger Hearing discusses these and more business news with two guests on opposite sides of the world: Simon Littlewood, President of ACG Global in Singapore, and Sarah Kunst, managing director of Cleo Capital in San Francisco. (Picture: Rupert Murdoch. Picture credit: Reuters)
9/22/202350 minutes, 12 seconds
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US Federal Reserve held off from interest rate rise

The US Federal Reserve held interest rates unchanged but projected a further rise by the end of the year. The Fed is keeping monetary policy significantly tighter than previously expected in 2024. (Picture: Federal Reserve Chair Powell Holds A News Conference Following The Federal Open Market Committee Meeting. Picture credit: Getty Images)
9/21/202350 minutes, 11 seconds
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FTX sues founder’s parents over missing millions

The parents of FTX founder Sam Bankman-Fried are being sued for money they allegedly received from the crypto firm ahead of its collapse. Also, why retailers including H&M are clamping down on customer returns. (Picture: Former FTX CEO Sam Bankman-Fried Attends Hearing To Determine Bail Revocation. Picture credit: Getty Images)
9/20/202350 minutes, 15 seconds
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UAW strikes: How will it end?

Union negotiators continued talks with representatives from General Motors, Ford and the Jeep-maker Stellantis today, as a historic strike by workers at America's top three car manufacturers entered the fourth day. The United Auto Workers union is seeking a 40% pay rise over a four year term, far more than the roughly 20% the companies have currently put on the table. (Photo: United Auto Workers Hold Limited Strikes As Contract Negotiations Expire. Credit: Getty Images)
9/19/202350 minutes, 13 seconds
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Biden calls for 'fair share' towards UAW strikers

US President Joe Biden says striking UAW workers deserve a 'fair share' of record profits made by automakers. The president said he hopes both sides can forge a "win-win" agreement. We'll be discussing the fall out of the first day of the car worker strikes in the US. Disney boss Bob Igor recently hinted that it was going to sell off it's TV network, ABC. Media entrepreneur Byron Allen has put his name in the ring to buy the station. We find out if his 10 billion dollar bid is a decent valuation. And some new research suggests that three in 10 people will quit their jobs after getting a promotion. Seems strange doesn't it - put all that work into getting a new job only to leave. We'll be hearing from the company behind the study. (Picture: President Biden's Remarks on Contract Negotiations Between UAW and Big 3 Auto Makers, Washington, US. Credit: EPA-EFE/REX/Shutterstock)
9/16/202350 minutes, 13 seconds
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How damaging could an auto workers strike be?

Workers at General Motors, Ford, and Stellantis are set to walkout this week if their employers fail to meet their demands for big pay raises. Nearly 150,000 want a 46% pay increase and the restoration of concessions workers made years ago when the companies were in financial trouble. Sam Fenwick discusses this and more of the business news from around with Andy Uhler, journalist and fellow of the University of Texas Energy Institute in Austin, and Jyoti Malhotra, is Editor, National & Strategic Affairs at The Print India. (Picture: "UAW on strike" picket signs lay on a pile of wood outside the General Motors Detroit-Hamtramck Assembly in Hamtramck, Michigan, U.S. October 25, 2019. Credit: REUTERS/Rebecca Cook/File Photo)
9/15/202349 minutes, 54 seconds
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ARM seeks $54.5bn in IPO

Owners of the chip-designer ARM have announced what they're expecting of the most anticipated stock market launch in years. The price of $51 per share shows how microchips have become an indispensable part of the global economy. Alongside Peter Ryan, ABC Senior Business Correspondent and Alison Van Diggelen, Host of Fresh Dialogues based in Silicon Valley, Roger Hearing dissects this and the other business news from around the world. (Picture: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Credit: REUTERS/Florence Lo/Illustration/File Photo)
9/14/202350 minutes, 12 seconds
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BP boss Bernard Looney resigns

The head of BP Bernard Looney has suddenly resigned following allegations over personal relationships with colleagues. We find out what this means for the company going forward. It's Apple's new product launch day and it was overshadowed by their charging cable. We will be getting the latest news about the tech giant after the EU forced them to change their lightning charger ports. And dynamic pricing arrives in some British pubs - but will people accept paying more at busy times?
9/13/202350 minutes, 22 seconds
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North Korea's Kim Jong Un travels to Russia to meet Putin

The two leaders are likely to discuss North Korea supplying weapons in support of Russia’s war in Ukraine. We will hear the latest on the economic friendship between the two countries. And Thailand's new prime minister has announced a cash handout in a bid to revive the economy. $300 will be distributed to every citizen through a digital wallet. We look at how this tactic will revive the country's economy. Also, US actress Drew Barrymore has caused controversy by bringing her talk show back to the airwaves despite the ongoing Hollywood strikes. We find out how her daytime show will be affected going forward. (Picture: North Korea's Kim en route to Russia for talks with Putin Credit: Reuters)
9/12/202350 minutes, 42 seconds
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African Union expected to join G20

Officials at the G20 summit in Delhi say the African Union could become a member. The proposal has been backed by the US and by India, which is hosting the meeting. Roger Hearing discusses this topic and more other stories with Rachel Pupazzoni, Business Reporter at ABC News Australia and Simon Littlewood, Singapore based economics and the President of ACG Global Growth Delivered. (Workers decorate a G20 installation at the International Media Centre (IMC) on the eve of the two-day G20 summit in New Delhi on September 8, 2023. Picture Credit: Getty Images)
9/9/202350 minutes, 13 seconds
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G20 India: The world's largest economies meet in Delhi

World leaders are making their way to Delhi for this weekend's G20 summit. And India is trying hard to present its best face for the visiting dignitaries. But is it trying too hard? The co-working company, WeWork, is looking to renegotiate nearly all of its office leases following a significant decline in its share value since the beginning of the year. The company has 777 locations in 39 countries with long term lease obligations totalling more than $13 billion. Roger Hearing discusses this topics and more other stories with Oliver Stuenkel, associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo, Brazil and Rachel Cartland - author, writer and expert based in Hong Kong. (G20 installation outside Pragati Maidan ahead of the G20 India Summit, on September 7, 2023 in New Delhi, India. Picture Credit: Getty Images)
9/8/202350 minutes, 22 seconds
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African leaders propose global carbon taxes to fight climate change

African leaders have issued a declaration proposing new taxes across the world to fund action against climate change. The United States has announced another billion dollars' worth of aid for Ukraine. It includes a- hundred- and- seventy- five- million dollars in military assistance. Today marks 10 years since Chinese President, Xi Jinping, launched the Belt and Road Initiative on September 7, 2013, proposing new trade routes to create a 'new Silk Road' and widen economic cooperation. What is the impact of this after a decade? Rahul Tandon discusses these topics and more with Alexander Kaufman, Senior Reporter at Huffington Post and Zyma Islam, Journalist at Daily Star in Bangladesh. (A young man getting water from river Shabelle in the city of Gode, Ethiopia, after climate induced drought caused the failure of five rainy seasons, triggering the worst drought in four decades in Ethiopia, Somalia and Kenya. Photo Credit: Getty Images).
9/7/202349 minutes, 55 seconds
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Oil prices climb after Saudi Arabia and Russia extend supply cuts

The cost of oil jumps above $90 a barrel for the first time in 2023. We look at the reasons and the consequences this can have across the world. A new law has taken effect in New York City that restricts short term rentals through platforms such as Airbnb and VRBO. We find out the details and talk to an Airbnb host about the implications. And we hear about the Belgian government's initiative to put pressure on banks to get them to raise interest rates on deposits. But will it work? Rahul Tandon discusses this and more business news with two guests on opposite sides of the world: Dana Peterson in New York, who is the Chief Economist & Center Leader of Economy, Strategy & Finance at The Conference Board, and Jessica Khine in Singapore, who is a Corporate Advisor for a boutique in Japan called Astris Advisory. (Picture: An oil and gas pump jack near Granum, in Canada. Picture credit: Reuters)
9/6/202349 minutes, 25 seconds
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The long path to revive the Black Sea's grain deal

Russian president Vladimir Putin says the agreement to allow Ukrainian grain exports on the Black Sea will be revived when his demands on exporting Russian products are met. We look into the impact this is having on Ukraine's economy. Members of the Association of Southeast Asian Nations (ASEAN) are holding their biannual meeting in Indonesia. We hear about the topics they will discuss and why US president Joe Biden's absence is under scrutiny. Rahul Tandon discusses this and more business news with two guests on opposite sides of the world: University of Maryland School of Business professor Peter Morici in the US and ABC's presenter Sinead Mangan in Australia. (Picture: Russian President Putin and Turkey's President Erdogan meet in Sochi, Russia. Picture credit: SPUTNIK/KREMLIN POOL/EPA-EFE/REX/Shutterstock.)
9/5/202350 minutes, 11 seconds
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Typhoon Saola: Hong Kong braced for storm

The highest storm alert is in force in Hong Kong as Typhoon Saola is approaching. It could be the strongest storm to hit the region in decades, with the Hong Kong Observatory is warning of winds with mean speeds of 118 km/h. Tens of millions of people in Hong Kong and adjacent areas of mainland China have taken shelter. Emergency shelters have been opening in the city of Shenzhen. (Picture: HONG KONG, CHINA - SEPTEMBER 01: Super Typhoon Saola hits Hong Kong, China on September 01, 2023. Picture Credit: Getty Images).
9/2/202351 minutes, 47 seconds
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Insurance: The cost of destruction

Tropical Storm Idalia is the most expensive natural disaster to hit the US this year. UBS has estimated that insurance companies in the state will be have to pay out $10 billion, but that figure could rise. This will put more pressure on insurance companies in Florida, where nine property insurance firms have closed down since 2021. We hear from a business that was badly damaged by the storm. (Picture: PERRY, FL - AUGUST 30: A damaged business in downtown Perry, Fla. Scenes from Perry, Fla. on Wednesday, August 30, 2023 after Hurricane Idalia passed through the area. Picture Credit: Getty Images).
9/1/202349 minutes, 26 seconds
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Switzerland outlines measures to combat money laundering

Switzerland has outlined a series of measures to combat money laundering and increase transparency in its huge financial sector. They include a register of those who ultimately benefit from trusts and companies - Switzerland is the only European country that doesn't have one. Toymaker Lego saw profits fall in the first half of the year as the bumper sales growth seen during the pandemic starts to fade. Burger King must face a lawsuit that alleges it makes its Whopper burger appear larger on its menus than it is in reality, a US judge has ruled. So what goes into photographing food? Can it be cheated? Roger Hearing discusses these topics and more with Takara Small, technology journalist in Toronto, and Satoshi Shimoda, Senior Staff Writer at Nikkei newspaper, based in Tokyo. (A sign showing "Bank" written at the entrance of the headquarters of Swiss giant banking UBS. Photo Credit: Getty Images)
8/31/202350 minutes, 14 seconds
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Gina Raimondo says US businesses see China Becoming ‘uninvestible’

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. Ms Raimondo says fines, raids and other actions that have made it too risky to do business in the world's second largest economy. She made the remarks during her current 4-day trip to China, but she added she didn't want Washington to cut links with the Chinese economy. The Chinese premier, Li Qiang, accused the United States of politicising trade, which he warned would have a disastrous impact on global finances. Workers at two large liquefied natural gas plants in Australia are set to go on strike from 7 September, in a move that could drive up global prices. The dispute is about pay and working conditions. The Wheatstone and Gorgon sites produce more than 5% of the world's LNG and about 500 workers are currently employed at the two plants in Western Australia. Roger Hearing discusses these topics and more with Jyoti Malhotra, Editor, National and Strategic Affairs of The Print news portal in Delhi and Alison Van Diggelen, host of the Fresh Dialogues in San Francisco.
8/30/202349 minutes, 28 seconds
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Evergrande: Shares in the crisis-hit Chinese developer plunge by 80%

Shares in embattled Chinese property developer Evergrande have fallen almost 80% in their first day of trading in Hong Kong for a year and a half. The shares have lost more than 99% of their value in the past three years as Beijing cracked down on property firms. A technical issue at UK air traffic control has led to long flight delays and a federal judge has scheduled the trial for Donald Trump for his alleged effort to overturn the 2020 election for 4 March, the day before Super Tuesday, the biggest voting day in the Republican race. Roger Hearing discusses these topics and more with Gaby Castro-Fontoura, a business consultant based in Uruguay, and Ralph Silva of the Silva Research Network in Toronto, Canada. (Evergrande Group logo. Photo Credit: Getty Images)
8/29/202350 minutes, 6 seconds
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US faces more interest rate hikes to cool inflation

The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high". Jerome Powell told an annual gathering of central bankers that the pace of price rises had fallen from a peak. The Director of the British Museum is stepping down over the way the institution under his leadership handled a series of thefts that have shaken its reputation. The international leg of Taylor Swift's Eras tour kicked off last night in Mexico City. She is on track to make one billion US dollars from her Eras tour, which would make concert history. (People shop at a Market in New York City. Photo Credit: Michael M. Santiago/Getty Images)
8/26/202350 minutes, 21 seconds
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BRICS invites six more countries to join the bloc

The BRICS group of nations has invited six countries to join them. They are Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the UAE. We look at how some of these countries would benefit from joining this bloc. China suspends all seafood imports from Japan over the release of wastewater from the Fukushima nuclear power plant into the Pacific. Central banks from around the world are gathering for the annual three-day conference in Jackson Hole, Wyoming. (The national flags of current BRICS members are displayed at the conference centre in South Africa. Photo Credit: Per-Anders Pettersson/Getty Images)
8/25/202350 minutes, 18 seconds
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Wagner boss Prigozhin was on crashed plane - Russia

Wagner mercenary chief Yevgeny Prigozhin was listed as a passenger on a private jet which crashed on Wednesday evening north of Moscow with no survivors, the Russian authorities said, raising fears among his allies that he had been killed. Plus, central bankers from around the world descend on the US mountain resort of Jackson Hole in Wyoming for the Federal Reserve’s annual gathering. The race to win the Republican nomination for the White House steps up a gear, as the party holds its first presidential debate in Milwaukee, Wisconsin. Roger Hearing will discuss these stories and more with Steven Bertoni, Forbes Senior Editor who is in New York, and Yoko Ishikura, Professor Emeritus at Hitotsubashi University who is in Whistler, Canada. (Yevgeny Prigozhin, the founder of the Russian private security company Wagner, holding a rifle in an unspecified location in Africa on August 21, 2023. Photo credit: Wagner Account/Anadolu Agency via Getty Images)
8/24/202350 minutes, 20 seconds
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UK microchip giant Arm files to sell shares in US

British microchip designing giant Arm has announced it has filed paperwork to sell its shares in the US. The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on New York's Nasdaq in September. Also, Microsoft has made a new bid to buy Call of Duty-maker Activision Blizzard in the latest twist in the tale of what would be the biggest deal of its kind in the gaming industry. Its original $69bn (£59bn) deal was blocked by UK regulators, but under the new offer Microsoft has agreed to transfer the rights to stream Activision games from the cloud to Ubisoft, a video games publisher, for 15 years. Roger Hearing will discuss these stories and more with Jeanette Rodrigues, South Asia managing editor for Bloomberg News who's in Mumbai and Walter Todd, the president and chief investment officer for Greenwood Capital in Greenwood, South Carolina. (Arm's chips are used in devices such as smartphones. Photo Credit: Getty Images)
8/23/202350 minutes, 17 seconds
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Storm Hilary hits California after lashing Mexico

Tropical Storm Hilary swept across the US state of California on Sunday night, bringing fierce winds and flooding to the Pacific coast. Now headed north to Nevada, the storm passed over Southern California, with record rainfall and flash flooding predicted in the Death Valley National Park. The storm is expected to deal a major blow to the region's economy, including its vineyards which last year generated over $88 billion for the US. Left-winger Luisa Gonzalez is leading in Ecuador's presidential election. The poll was combined with a referendum, in which voters chose to end oil drilling in the Amazon. What could this mean for the country's economy, given that oil production accounts for almost 30 percent of its exports? We also head to Valencia to see how people in the city have been celebrating Spain winning the Women's World Cup. Roger Hearing will be joined throughout the programme by Rachel Pupazzoni, business reporter for ABC News Australia and Peter Morici, economist at the University of Maryland in Alexandra, Virginia. (Motorists deal with a flooded road and stuck vehicles during heavy rains from Tropical Storm Hilary in Palm Springs, California. Photo Credit: Getty Images)
8/22/202350 minutes, 16 seconds
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China property giant Evergrande files for US bankruptcy protection

We discuss how the heavily-indebted Evergrande hopes filing for bankruptcy protection will protect its assets in the US, as it works on a multi-billion dollar deal with creditors. The move comes as problems in China's property market add to concerns about the world's second largest economy. Also, US President Joe Biden has today hailed a "new era" of unity with the leaders of South Korea and Japan, as the three allies announced security cooperation at a first-of-its-kind summit, at Camp David, west of Washington. Millions of people will be gearing up to watch the Women's World Cup final over the weekend, when Spain take on England. Our presenter Rahul Tandon is joined by Takara Small, a technology journalist based in Canada, and Zyma Islam, a reporter with the Daily Star newspaper in Bangladesh. (Evergrande Group logo. Photo credit: Getty Images)
8/19/202350 minutes, 17 seconds
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US bonds offer investors better returns

We look at how US government bonds have become a good source of income for investors. We hear from one businessman in Canada as wildfires spread across his neighbourhood. and we discuss why some of the biggest hotel groups in the world are helping to boost all-inclusive holidays
8/18/202350 minutes, 8 seconds
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Joe Biden pledges to boost US on first anniversary of Inflation Reduction Act

We discuss Joe Biden plans to boost the US economy through the landmark legislation known as the Inflation Reduction Act. We hear the arguments both for and against its potential to develop green industries in the US. We hear from the man who came up with the term BRICS to describe the economic alliance that binds Brazil, Russia, India and China. The countries came together two decades ago. And Sotherby’s in California is auctioning off twenty vintage Ferraris which came into their possession in a rather bizarre way.
8/17/202350 minutes, 11 seconds
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Worries about the Chinese economy

It has been said that if America sneezes then the world catches a cold and this must now be true of China, the world’s second largest economy. On Tuesday it unexpectedly cut a key interest rate to try to boost growth and also said it would no longer report figures for youth unemployment. We look at how China’s economic woes are affecting the rest of the world. (Picture: Businessman looking at cityscape. Picture credit: Getty Images)
8/16/202350 minutes, 20 seconds
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Japan’s GDP grows more than expected

The gross domestic product (GDP) figure translated to a quarterly increase of 1.5%. It's the third straight quarter of expansion led by external demand and expanded exports by 3.2% respectively. The positive GBD data was driven by exports of goods such as automobiles as supply chain constraints, including shortage of semiconductors, eased. Recovering inbound tourism after the COVID-19 pandemic also contributed to the services exports. (Picture: Japan flag and Japanese Yen cash bills. Picture credit: Getty Images)
8/15/202350 minutes, 16 seconds
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Sam Bankman-Fried: Former billionaire headed to jail after bail revoked

A judge in New York has revoked the bail of Sam Bankman-Fried, the former boss of the collapsed cryptocurrency exchange, FTX. He will now remain in jail until his trial in October. Reports from the courtroom say Mr Bankman-Fried handed his blazer, tie and shoelaces to his lawyers and was then handcuffed by U.S. Marshals. Vivienne Nunis is joined by Peter Ryan, ABC Australia's senior business correspondent, from Sydney, and Jennifer Pak, China correspondent for Marketplace in Shanghai. (Picture: NEW YORK, USA - AUGUST 11: FTX Founder Sam Bankman-Fried arrives in Manhattan Federal Court to appear in court in New York, United States on August 11, 2023. Picture Credit: Getty Images).
8/12/202350 minutes, 11 seconds
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Businesses battle fires in Hawaii

As Hawaii tries to deal with a catastrophic wildfire that has taken 36 lives, we hear how the tourism industry there is trying to evacuate staff and visitors. Roger Hearing is joined by Simon Littlewood, President of ACG Global in Singapore and technology journalist, Takara Small, in Canada. (Picture: An aerial image taken on August 10, 2023 shows destroyed homes and buildings on the waterfront burned to the ground in Lahaina in the aftermath of wildfires in western Maui, Hawaii. Picture Credit: Getty Images).
8/11/202349 minutes, 27 seconds
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China responds to US President Biden's sanctions

US President Joe Biden will ban some US investment into Chinese quantum computing, advanced chips and artificial intelligence sectors, as it boosts efforts to stop China’s military from accessing American technology and capital. We hear how China have responded to the restrictions and what this means for their future economic relationship. Entertainment giant Disney has reported losses that shows declines of its television and movie businesses. We get the latest on the future of the company. And Mexican-American musician Sixto Rodriguez who is best known for his song Sugar Man has passed away. Mr Rodriguez failed to achieve commercial success in the US but years later his music developed a cult following overseas. We reflect back on his career.
8/10/202352 minutes, 40 seconds
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Brazil has an "Amazon dream" and it includes stopping deforestation

Brazil's President Lula is hosting a summit in Belém, northern Brazil alongside seven other nations that share the Amazon. This is in a bid to save it and bring it out of economic turmoil. The Federal Reserve reports that U.S. credit card debt has hit $1 trillion for the first time toward the end of July. We find out what it means for US consumers and the country. And seeing as Frank Sinatra’s voice was used on a version of the hip-hop song “Gangsta’s Paradise” and various musicians are being mimicked by Artificial intelligence, Google and Universal Music have plans to license artists songs generated by A.I. We take a look at what this means for copyright claims.
8/9/202350 minutes, 14 seconds
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US trucking giant Yellow files for bankruptcy

US trucking company Yellow has filed for bankruptcy and will be closing down. The company had received a $700mn Covid-19 relief loan from the Trump administration during the summer of 2020. So will the loan be repaid? And what does it mean for the 30,000 workers expected to lose their jobs? Also Roger Hearing finds out why Zoom is now calling time on homeworking - as they ask employees within 50 miles of a company office to go in at least two days a week. And apparently Americans are eating their burgers and fries at home, in their cars and at the office. In fact anywhere but at the fast-food restaurants themselves. McDonald’s, Burger King want big investments in eating areas, prompting pushback from franchisees.
8/8/202350 minutes, 8 seconds
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US job figures reveal a mixed picture.

Employment in the US held steady last month, bolstering hopes that the economy will avoid a painful downturn. Latest job figures from the Bureau of Labor Statistics show employers added 187,000 jobs while the jobless rate dropped to 3.5%. Plus presenter Leanna Byrne speaks to Shannon K.O’Neil, a Latin American expert and vice-president of the Council on Foreign Relations, a think tank in the US, about how inflation and increasing political pressures are pushing more people to leave countries such as Argentina and Venezuela and head north to the US in search of a better life. Leanna Byrne speaks to Colin Peacock, producer and presenter of Mediawatch in New Zealand and Dr Stephanie Hare, researcher, broadcaster and author in London to discuss the day’s top business stories.
8/5/202350 minutes, 11 seconds
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Amazon and Apple serve up latest results

Tech giants Amazon and Apple have released their latest results, tech writer Alison van Diggelen in San Francisco and Sushma Ramachandran, a business journalist and columnist for The Tribune newspaper in New Delhi, join the programme to go over the numbers. In India, the government is restricting imports of electronic items such as laptops, tablets and phones, we look at the reasons behind the decision and whether this could see the cost of such items rise in the country. As part of our series on immigration we hear from the Argentine medical professionals leaving their homes and their country in search of better wages. Three years on from the pandemic when Covid shut down international borders, Americans have rediscovered their love of vacationing abroad. Sam Fenwick speaks to Erika Richter, from the American Society of Travel Advisors (ASTA), about where Americans are travelling to and how much they’re spending on their trips.
8/4/202351 minutes, 56 seconds
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Wheat prices soar as thousands of tonnes of grain destroyed

Roger Hearing is joined by Steven Bertoni in New York and Karen Lema in Manila to look at the big business and financial stories of the day. Global grain prices have had a challenging day after Russian attacks on a Ukrainian port on the Danube river reportedly damaged tens of thousands of tonnes of supplies. Roger speaks to Marcelo Elizondo, Chairman of the International Chamber of Commerce in Argentina to discuss whether smaller exporters like Brazil and Argentina could step up to fill the gap. Plus how is Canada reacting after Facebook and Google blocked their Canadian news feeds; government plans to tackle immigration in Chile and the US-American plan to build a new International Space Station.
8/3/202350 minutes, 11 seconds
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The finances of the former President

Roger Hearing is joined by Lori Ann LaRocco in the US and Colin Peacock in New Zealand to discuss some of the major financial stories of the day. The former US President Donald Trump is indicted on more charges - this time around the fallout from the 2020 election. Ilya Espino de Marotta is the Panama Canal Authority's Deputy Administrator - she tells us about the struggle to keep goods flowing during the drought season. Plus we ask if being mean in the office is actually the best way to climb the ladder. PHOTO CREDIT: REUTERS/Lindsay DeDario/File Photo
8/2/202350 minutes, 58 seconds
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Why falling prices are troubling China

A slow comeback from Covid has added to China's economic strain, but it's bucking the trend when it comes to global inflation. As an export ban on Chinese rare minerals comes into effect, we explore the impact it could have on the global chip industry. Host Roger Hearing is joined by Fermín Koop in Argentina and Kimberly Adams from Marketplace in the US. (Picture: Customers at a supermarket in Qingzhou, Shandong province, China. Credit: Getty Images).
8/1/202351 minutes, 43 seconds
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Argentina and the IMF reach agreement on a last minute loan

Argentina has reached a $7.5bn agreement with the International Monetary Fund, as it tries to get its troubled economy back on track. The South American nation has been in negotiations with the Fund for months over its $44 billion loan program. That's the biggest outstanding deal that the IMF has with any country anywhere in the world. (Picture: Close up of Argentine money, 200 pesos bills. Picture credit: Getty Images)
7/29/202349 minutes, 59 seconds
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Biden announces measures to deal with extreme heat

A prolonged heatwave in the US has created concerns in the White House as medics are warning of a rising number of burns and heat strokes in the workplace. President Biden has announced a number of measures to help Americans deal with extreme temperatures, as a heatwave spreads across large parts of the United States. (Picture: Monument Valley Navajo Tribal Park, USA. Picture credit: Getty Images)
7/28/202349 minutes, 59 seconds
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Fed raises rates to historic high, again

Despite inflation being 3% last month, the Federal Reserve raised rates for the 11th time in just over a year. The benchmark rate rose to a range of 5.25% to 5.5%, the highest level for over 2 decades. Ed Butler discusses this and all the other business and economic news from around the world with Walter Todd, president and chief investment officer of Greenwood Capital in South Carolina and Jessica Khine, a Corporate Advisor for Astris Advisory, based in Malaysia. (Picture: A trader works inside a booth, as screens display a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. Credit: REUTERS/Brendan McDermid)
7/27/202350 minutes, 10 seconds
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Results week begins for the tech world

Several major tech companies, including Alphabet, Microsoft, and Snap Inc., have announced their latest earnings reports. Both Alphabet and Microsoft have introduced a range of AI products following the release of ChatGPT by OpenAI, which was backed by Microsoft. Ed Butler discusses this and more economic and business news from around the world with Rebecca Choong Wilkins, Bloomberg's 'Senior Asia Correspondent', based in Hong Kong and Andy Uhler, a research fellow at Columbia University in New York and the University of Texas in Austin. (Picture: In this photo illustration, a Google logo is seen on a smartphone with a Microsoft logo in the background. Credit: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)
7/26/202350 minutes, 6 seconds
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How to respond to rocketing grain prices?

Russia used military drones to attack Ukrainian grain warehouses on the Danube River, targeting another vital export route for Kyiv close to its border with Romania. Global grain prices have spiked as a result, exacerbated by Russia quitting the Black Sea grain deal. Ed Butler discusses this and more business and economic news from around the world with economist at the University of Maryland, Peter Morici, and Alaezi Akpuru, owner and creative director of the contemporary Nigerian fashion brand, Virgioli Fashion. (Picture: A grain warehouse destroyed by a Russian drone strike is seen in a sea port, amid Russia's attack on Ukraine, in Odesa Region, Ukraine July 24, 2023. Credit: Press Service of the the Operational Command South of the Ukrainian Armed Forces/Handout)
7/25/202350 minutes, 11 seconds
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How extreme heat in the US is affecting business

Businesses in South-West of the United States explain how the weather is impacting them. India and Sri Lanka have announced that they will carry out feasibility studies on laying an oil pipeline across the narrow sea strait that divides them. Taylor Swift is the latest big name to take her international tour to Singapore but not Hong Kong. And, we discuss Burberry, the 170 year old high-fashion brand built on its British principles. (A sign warns of extreme heat danger on Death Valley National Park on July 15, 2023, in California. Picture Credit: Getty Images)
7/22/202350 minutes, 18 seconds
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Wheat prices rise after Russia threatens ships

Global wheat prices have risen sharply after Russia carried out missile attacks on military infrastructure near grain ports in Ukraine. And the new barbie film is on the way but this is not the only film and TV series we expect from the Mattel franchise. (Picture: TQ Samsun last grain ship off the Black Sea on July 17, 2023 after Russia announced that it withdrew from the Grain Corridor Agreement. Source: Getty Images)
7/21/202350 minutes, 1 second
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Netflix bounces back

Netflix gained almost 6 million new customers in the past three months after the streaming giant cracked down on password sharing. The company have reported revenue of $8.2 billion in its second quarter. (Picture: POLAND - 2023/01/20: In this photo illustration a Netflix logo seen displayed on a smartphone. Picture Credit: Getty Images).
7/20/202350 minutes
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US and China: will relations stabilise?

Earlier this week John Kerry, the US special envoy on climate, arrived in China to revive efforts to combat global warming. It's the first substantive meeting of the world’s two largest carbon emitters since relations froze last August. Sam Fenwick is joined by Alexander Kaufman, senior reporter at HuffPost, in New York and Emily Feng, NPR's International Correspondent covering China and Taiwan. (Picture: US Climate Envoy John Kerry and China's Premier Li Qiang (R) shake hands before a meeting at the Great Hall of the People in Beijing on July 18, 2023. Picture Credit: Getty Images).
7/19/202350 minutes, 17 seconds
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Russia pulls out of grain deal

Moscow notified the UN, Turkey and Ukraine on Monday that it would not renew the Black Sea grain initiative, accusing the West of not keeping its side of the bargain. The decision has been condemned by world leaders including the Secretary-General of the United Nations, António Guterres and the US Secretary of State, Antony Blinken. (A farmer holds grains in pictured July 16, 2023. Source: Getty Images)
7/18/202350 minutes, 15 seconds
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Profits at US banks boosted by higher rates

We're back into earnings season, and, unsurprisingly it's the banks that are attracting most attention - they, are after all, the beneficiaries of the higher interest rates that have come with the Federal Reserve's bid to curb inflation. The first big headline profit result is from JPMorgan Chase - profits for the quarter ending June 30 were $14.5 billion, up 67 percent, while revenues were up 34 percent to $41.3 billion. Part of that was from its purchase of a majority of the failed First Republic Bank's assets in a government-backed deal in May. At Wells Fargo, meanwhile, profits also rose 57 percent to $4.9 billion. Citi however experienced a drop, blaming an anaemic investment banking market as a drag on their revenues. (Picture: Outside view of a bank with American flag. Picture credit: Getty Images)
7/15/202350 minutes, 12 seconds
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Hollywood strikes: actors decide to walk out

Hollywood actors are going on strike. In the last few hours the representatives of the Screen Actors Guild - American Federation of Television and Radio Artists - known as SAG-AFTRA, announced its first major strike in 40 years. It follows weeks of talks about pay and the impact of artificial intelligence. (Picture: Strikes in Hollywood. Picture credit: BBC)
7/14/202350 minutes, 20 seconds
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IMF approves $3 billion bailout for Pakistan

After a many months of discussions, Pakistan has won final approval to borrow $3 billion from the International Monetary Fund. The deal will unlock long-awaited funding from other lenders that should help ease the nation’s dire need for cash and rescue its economy. (Picture: People are busy selling goods for Independence day. Picture credit: Getty Images)
7/13/202350 minutes, 8 seconds
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Microsoft's deal to buy Activision boosted by US judge

A US court has given Microsoft the green light to buy the videogame maker Activision Blizzard in a deal worth $69bn. Microsoft said after the US win, it would focus on resolving concerns around competition in the UK. The tech giant's merger with the Call of Duty owner would be the biggest deal of its kind in gaming industry history. Bank of America has been ordered to pay out $150m (£116m) in penalties after it was found to have opened credit cards without customers' permission. (Picture: Call of Duty: Black Ops 4 by Activision. Source: Getty Images)
7/12/202350 minutes, 48 seconds
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Threads app signs up 100m users in less than a week

Threads, the social media app aimed at rivalling Twitter, has signed up more than 100 million users in less than five days. The platform, launched by Instagram-owner Meta, has beaten a record set by Open AI's ChatGPT app. China’s consumer inflation rate was flat in June while factory-gate prices fell further, causing alarms about deflation risks and adding to speculation about potential economic stimulus. Could countries be soon mining the seabed? A meeting of The International Seabed Authority started on Monday to try and hammer out a global code for exactly that. (The Meta logo with an Instagram Threads logo in the background. Source: Getty Images)
7/11/202352 minutes, 41 seconds
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Huge fine for tech giant Ant Group

Tech giant Ant Group is one of several companies facing massive fines imposed by the Chinese government. Ant offers loans, credit, investments and insurance to hundreds of millions of customers and small businesses, and is part of the empire of founder Jack Ma. Plus: the end of an era, as Ford stops production of its iconic Fiesta model. Roger Hearing is joined by Toronto based tech journalist Takara Small, and Colin Peacock, host of Mediawatch on Radio New Zealand. Picture: Logos of Alipay and Ant Group (credit CFOTO/Future Publishing via Getty Images)
7/8/202350 minutes, 19 seconds
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Twitter threatens its new rival Threads

On today's show, Roger Hearing looks into Twitter boss Elon Musk's claims that Facebook owner Meta has copied Twitter's trade secrets to build its rival app Threads, claims Meta denies. Also tonight, guests Frank Tsai, Editor of Shanghai Review and Sarah Kunst, managing director of Cleo Capital discuss a move to force Uber Eats to pay its delivery workers the minimum wage in New York and Taylor Swift's billion dollar tour. (Picture: Threads and Twitter logos are displayed on a mobile phone. Photo by Berke Bayur/Anadolu Agency via Getty Images)
7/7/202350 minutes, 12 seconds
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Yellen's China visit begins

The US Treasury Secretary touches down in Beijing ahead of a closely-watched trip to ease tensions and restoring ties between the nations. Meetings are expected to focus on the need for economic cooperation with a view to stabilising the global economy. Will Bin discusses this and more business news from around the world with Jessica Khine, from investment consultants Astris Advisory in Penang, Malaysia, and Oliver Stuenkel, associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo, Brazil. (Picture: U.S. Treasury Secretary Janet Yellen boards a flight bound for Beijing, China from Joint Base Andrews, Maryland, U.S. July 5, 2023. Credit: REUTERS/Andrea Shalal)
7/6/202350 minutes, 16 seconds
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Can South America and the EU agree a trade deal?

Negotiations between the sides have been going on for 2 decades, with members of the Mercosur trade bloc meeting once again. We'll hear the latest from the talks in Argentina and why deforestation and beef wars remain hurdles ahead. Will Bain discusses this and more with senior freelance reporter Karen Percy in Melbourne, Australia and Sergio Guzman, Director of Colombia Risk Analysis, a political risk consulting firm based in Bogotá. (Picture: Brazil's President Luiz Inacio Lula da Silva and his Argentine counterpart Alberto Fernandez attend a summit of leaders of the Mercosur group, in Puerto Iguazu, Argentina July 4, 2023. Credit: Maria Eugenia Cerutti/Argentine Presidency/Handout)
7/5/202350 minutes, 7 seconds
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EU lawmakers look to protect work-from-home rights

Over 30 EU lawmakers have signed a document that aims to ensure access to co-working spaces, prohibit tracking workers’ computers at home and protect them from having to send or respond to emails outside of working hours. The non-binding document was developed by the Future Workforce Alliance, a forum of politicians, business leaders and focused on policy changes in response to the digital transformation of work environments. Plus, how a drought in Mexico has resulted in a scarcity of chilli peppers to make hot sauce and why Singapore has been named the world’s most expensive city for a life of luxury. Will Bain discusses all this and more business news with two guests on opposite sides of the world: Stefanie Yuen Thio, Joint Managing Partner at TSMP Law in Singapore and Andy Uhler, an energy and environment journalist based in Texas. (Picture: Hybrid workplace. Picture Credit: Getty Images).
7/4/202350 minutes, 21 seconds
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Could Hollywood actors go on strike?

Hollywood actors may join screenwriters in what would be the first two-union strike in the industry in more than sixty years, with huge consequences for film and television production. Both sides have indicated a willingness to talk for several days past the deadline, which happened before resolutions were reached in the same negotiations in 2014 and 2017. (Picture: Hollywood writers and their supporters walk the picket line outside Universal Studios Hollywood in Los Angeles, California, June 30, 2023. Picture credit: Getty Images).
7/1/202351 minutes, 25 seconds
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US Supreme Court rules race can no longer be considered a factor in university admission

US President Joe Biden said he "strongly" disagreed with the court's decision, and the US would need "a new path forward that is consistent with the law". Plus, we'll be asking what a $1.4 billion deal on lithium mining means for Bolivia and we have a business insight into how AI is going to change the world. Roger Hearing discusses this and more business news with two guests on opposite sides of the world: media entrepreneur Stella Bangura in Sierra Leone and market analyst Ralph Silva in Toronto. (PICTURE: Pro Affirmative Action supporters and and counter protestors shout at each outside of the Supreme Court of the United States on Thursday, June 29, 2023 in Washington, DC. PICTURE CREDIT: Getty Images)
6/30/202350 minutes, 26 seconds
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Canadian wildfires prompt air quality alerts in the US

As northern US cities struggle with smoke caused by wildfires in Canada, the south of the country tries to cope with intense heatwaves. We hear how a concrete contractor in Texas continues to operate while dealing with high temperatures. Also in the programme, the US administration is contemplating new export controls on chips for artificial intelligence that could make it harder for American companies to sell advanced chips to China. We find out more. And would you mind if your local sports team is transferred to another city? That is what fans of baseball team Oakland Athletics are going through. We hear why and what some US policymakers are proposing to stop this. Will Bain discusses this and more business news with two guests on opposite sides of the world: Rebecca Choong Wilkins, Asia Government and Economics correspondent at Bloomberg in Hong Kong, and Alexander Kaufman, energy and climate reporter for Huff Post in New York. (Photo: Hazy sky from the smoke of the raging Canadian wildfires, hanging over the US mid-west and parts of the East Coast, in Pittsburgh, Pennsylvania, US. Credit: Reuters)
6/29/202350 minutes, 7 seconds
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Can AI help hunt for key EV battery minerals?

New technology is being used to find deposits of nickel, copper, cobalt and lithium which are vital for the EV battery industry. We hear from a company that is using AI to locate these sought-after minerals. Also in the programme, we hear why the electric truck-maker Lordstown filed for bankruptcy and why it's suing the Taiwanese firm Foxconn. And Apple becomes the latest tech firm to call-out a planned law in the UK which could force encrypted messaging tools like iMessage, WhatsApp and Signal to scan messages for child abuse material. Will Bain discusses this and more business news with two guests on opposite sides of the world: David Kuo, co-founder of the Smart Investor firm in Singapore, and Walter Todd, president of Greenwood Capital in South Carolina. (Picture: Lithium deposits. Picture credit: Reuters)
6/28/202354 minutes, 6 seconds
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Will the Wagner mutiny harm Russia's economy?

As the leader of Wagner's mercenary group, Yevgeny Prigozhin, defends his "march on Moscow," we take a look at the economic implications for Russia. Also in the show, we find out what sea bed mining is – and why it's so controversial. And we hear about the latest acquisition in the sports industry made by Hollywood actor Ryan Reynolds. Roger Hearing discusses this and more business news with two guests on opposite sides of the world: Peter Morici, an economist at the University of Maryland in Virginia, and Alaezi Akpuru, owner and creative director of Nigerian contemporary womenswear brand Virgioli Fashion in Lagos, Nigeria. (Picture: Wagner Group in Rostov-on-Don. Picture credit: EPA)
6/27/202350 minutes, 9 seconds
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Wagner chief provoking Kremlin

The head of Russia's Wagner mercenary group Yevgeny Prigozhin is being investigated for inciting mutiny after accusing the Russian military of launching a deadly missile strike on his troops. (Picture: Yevgeny Prigozhin Picture credit: Getty Images)
6/24/202350 minutes, 36 seconds
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Modi US visit: spicy deals fuel cooperation

President Joe Biden and Indian Prime Minister Narendra Modi concluded a number of deals. While secretaries signing the papers, the economic relationships are 'booming', according to Biden, with trade more than doubling over the past decade. (Picture: Official State Visit Of Indian Prime Minister Modi To The U.S. Picture credit: Getty Images)
6/23/202350 minutes, 39 seconds
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The future of US India relations

Indian Prime Minister Narendra Modi is in the United States at the invitation of President Biden, and has held a meeting with Tesla CEO Elon Musk who wants to bring Tesla to India. Next in line are CEOs from the likes of FedEx, Apple and Google who are among the top bosses invited to attend the state banquet at the White House with him on Thursday. Devina Gupta discusses this and other business stories from around the world with Satoshi Shimoda, a senior journalist with the Nikkei newspaper in Japan and Andy Uhler, an energy specialist in the US. (Picture: Biden welcomes Modi at the White House, Washington, USA - 21 Jun 2023 Credit: Photo by Yuri Gripas/POOL/EPA-EFE/REX/Shutterstock)
6/22/202350 minutes, 37 seconds
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US housing market shows shoots of recovery

America saw a surge in applications to build new homes in May, driven by single-family homebuilding projects which rose at it's highest rate in 3 decades. We find out what this means for the market's recovery and if this boom makes housing affordable for buyers. Devina Gupta discusses this and other business stories from around the world with Sarah Birke, Bureau Chief for Mexico, Central America and The Caribbean at the Economist, and Jyoti Malhotra, National & Strategic Affairs editor with The Print website in India. (Picture: Construction workers build multifamily housing in San Diego, California, U.S., January 13, 2023 Credit: REUTERS/Mike Blake/File Photo)
6/21/202350 minutes, 34 seconds
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The biggest order in commercial aviation history

Indian carrier IndiGo has agreed to buy 500 Airbus A320 aircraft in a deal worth roughly $55bn. The agreement was announced on the first day of the Paris Airshow. Devina Gupta discusses this and more business news from around the world with Takara Small, technology journalist based in Toronto and Sergio Guzmán, director of Colombia Risk Analysis based in Bogotá. (Picture: Airbus wins record 500-plane order from India's IndiGo Credit: REUTERS/Benoit Tessier)
6/20/202350 minutes, 35 seconds
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Blinken visit to Beijing seeks to ease US-China tension

The US Secretary of State, Anthony Blinken, is heading to Beijing to restore the line of communication between the two countries after a persistent economic and diplomatic tensions. Filipinos make up around a quarter of all mariners worldwide, but many find it hard to get proper care abroad because of confusing legal loopholes. And should tourists try their hand at haggling abroad – or just pay what they’re asked? (Picture: US Secretary of State Antony Blinken. Source: Getty Images)
6/17/202354 minutes, 13 seconds
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Africa peace making mission aimed at aiding global economy

Leaders and representatives from various African countries are traveling to Eastern Europe in an effort to broker peace between Ukraine and Russia – and provide an Africa-led boost to the world’s economy. Roger Hearing is joined by ambassador Rama Yade from the Atlantic Council’s Africa Centre to discuss the visit. Foxconn, one of the biggest electronics manufacturers in the world, makes more than half of Apple’s products as well as goods for Amazon, Dell and Sony amongst others. But how is the Taiwan-based giant coping amid increasing US-China tensions? The company’s CEO Young Liu speaks to the BBC’s Karishma Vaswani. With the Fed holding US interest rates this week, and inflation apparently back within manageable limits, now America’s labour market is coming under scrutiny. (Russian President Vladimir Putin (R) greets South African President Cyril Ramaphosa (L). Archive image. Source Getty Images)
6/16/202354 minutes, 12 seconds
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US Fed leaves interest rates unchanged

Roger Hearing looks at how the Federal Reserve has left the United States interest rates unchanged and steady for the first time in more than a year. However, its latest economic forecast suggest that more rate hikes lie ahead. Half of workers aren’t engaged on the job, putting in slightest effort to get by, according to research by Gallup. Employee engagement, a measure of involvement and enthusiasm at work, globally declined for the second year in a row. And the frenzy stoked by the start of the Beyonce's world tour is has been driving up prices in Sweden. (Picture: Shopper in a supermarket in New York, in JUNE 12. Source: Getty Images)
6/15/202354 minutes, 13 seconds
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EU votes on ways to regulate AI

This week the EU votes on ways to regulate AI. Vice-President Margrethe Vestager leads the charge against threats posed by artificial intelligence. She tells the BBC that although the threat of human extinction ”probably does exist”, the likelihood is “quite small”. She says initial threats include discrimination, and criminals getting ahead of the police in understanding AI. This week European politicians debate the issue as they vote on the AI Act. It's the first law for AI systems in the West and it largely categorizes the away AI is used into four levels of risk: unacceptable risk, high risk, limited risk and minimal or no risk. If the legislation passes, unacceptable risk applications would banned by default and will not be deployed in European countries. U.S inflation has fallen again – but is it enough to prevent an interest rate rise? Inflation was down to 4% in the US at the end of May – its lowest since 2021. Prices for eggs, petrol and furniture were down, helping to cut inflation to less than half of its peak a year ago. But as the U.S central bank prepares to meet later this week, all eyes will be on whether the continued downward trend is enough to persuade the Fed to hold back on further rises to interest rates. And - how much money do you need to be wealthy in America? You might be surprised - Americans suggest it's around $2.2 million. The evidence comes in the annual Modern Wealth Survey carried out by the financial services company Charles Schwab. Picture: European Commission Vice President Margrethe Vestager (REUTERS/Johanna Geron)
6/14/202349 minutes, 20 seconds
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Major setback in Microsoft’s bid to buy Activision Blizzard

The U.S watchdog has asked a judge to block a $69 billion bid by Microsoft to buy Activision Blizzard. The gaming company makes ‘Call of Duty’ and many other titles. But the Federal Trade Commission (FTC) position on the deal is now closer to the that taken by the UK regulator. The issue hangs on claims the sale would give Microsoft's Xbox exclusive access to Activision games, leaving Nintendo consoles and Sony's PlayStation out in the cold. Also in the U.S, America's biggest bank, JPMorgan Chase, has agreed in principle to settle a class action lawsuit brought on behalf of victims of the convicted sex offender, Jeffrey Epstein. The case was brought by one victim on behalf of hundreds of other women and girls abused by the disgraced financier. The bank is facing a bill of around $290 million. And – you may have heard of ‘greenwashing’ – but have you heard of the new phrase…green-hushing’? We find out why companies are suddenly starting to keep their green credentials to themselves.
6/13/202349 minutes, 19 seconds
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Meta's plan to create a Twitter rival

Facebook's owner shows staff plans for a text-based social network designed to compete with Twitter. We hear more about this BBC exclusive. Also in the programme, Jack Daniels has won a peculiar case against a firm that sold dog toys shaped like its emblematic bottle of whisky. We look into the arguments considered by the judge. Roger Hearing discusses these and more stories with two guests on opposite sides of the world: Radio New Zealand's Colin Peacock in Wellington and Diane Brady, assistant managing editor at Forbes, in New York. (Picture: Meta. Picture credit: Reuters)
6/10/202350 minutes, 22 seconds
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Wildfires: Inside Canada’s struggles to recruit firefighters

Canada has lost 30,000 firefighters since 2016. We talk to the Canadian Association of Fire Chiefs about their call for more efforts to boost recruitment amid the country's worst wildfire season on record. And as home and hybrid working extend well beyond the pandemic, we look into the footprint they are leaving in the design of the office space. Will Bain discusses these and more business stories with two guests on opposite sides of the world: Delhi-based business journalist Sushma Ramachandran and technology journalist Takara Small in Toronto. (Picture: Firefighter in Nova Scotia, Canada. Picture credit: Reuters)
6/9/202350 minutes, 13 seconds
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How has wildfire smokes impact New York businesses?

Smoke from Canada fires blankets the US. New York's famous skyscrapers smothered in an orange tinged smog, and residents resorting to wearing face masks, the authorities are issuing health warnings, urging people to stay inside, if possible. Meanwhile, business owners are continuing running their business with hopes for the clear skies in the future. (Picture: Park Avenue Picture credit: Getty Images )
6/8/202350 minutes, 26 seconds
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Big golf surprise: PGA Tour & DP World Tour agree merger with LIV Golf

The surprising announcement of the merge among two competitors: PGA Tour and LIV Golf became a real sensation. The agreement comes after a year of unprecedented disruption in the men's game following the launch of LIV. It means pending litigation between the tours will be halted and they will move forward as part of the same enterprise. (Picture Golf ball on green. Picture credit: Getty Images)
6/7/202350 minutes, 13 seconds
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Apple released augmented reality headset

Apple has unveiled a much-anticipated augmented reality headset, Apple Vision Pro, in its first major hardware launch for almost a decade. The tech firm also announced its latest iPhone operating system, as well as updates to MacBook Air. The headset has a two-hour battery life, costs $3,499 (£2,849) and will be released early next year in the US. (Picture: Apple Vision Pro. Picture credit: Apple)
6/6/202350 minutes, 28 seconds
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Biden to sign crucial debt ceiling deal

President Joe Biden has called for national unity after confirming he will sign the debt ceiling deal between Republicans and Democrats. Rahul Tandon discusses this and how best anger can be managed and averted in the workplace with Associate Professor Mandy O'Neill, of George Mason University in Virginia. Peter Ryan, ABC's senior business correspondent in Sydney, and Lori Ann Larocco, senior editor of guests at CNBC in New Jersey, also join the show to talk about this and more of the world's business news. (Picture: President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement in the Oval Office of the White House on 2 June 2023 in Washington DC. Credit: Jim Watson-Pool/Getty Images)
6/3/202350 minutes, 32 seconds
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Airbnb in legal fight against New York City's rental restrictions

With Airbnb taking New York City to court over its attempts to force rental owners to register their homes, Ed Butler speaks to Cara Eisenpress, a senior technology reporter for Crains New York Business, about what it means for the city. Ed Butler also discusses whether communication tools like WhatsApp and Teams cause more problems than solutions within the workplace with Washington DC-based leadership & executive coach Michael Seelman. Meanwhile we hear about other business stories from around the World with Julia Pollak, chief economist at ZipRecruiter in California, the BBC's Washington correspondent Jessica Parker, Steven Bertoni whose a senior editor at Forbes in New York, and Jyoti Malhotra, an editor at The Print website in New Delhi. (Picture: An Airbnb logo displayed on a smartphone. Credit: Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)
6/2/202350 minutes, 47 seconds
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US debt ceiling: Congress votes

We get the latest from Washington as Congress gets to vote on raising the debt ceiling. The US would begin defaulting on its $31.4tn debt if the borrowing limit is not lifted by 5 June. Ed Butler discusses this and more of the world's business news with Financial Journalist and broadcaster Salve Duplito in the Philippines and Peter Jankowskis from Arbor Financial Services in the US. (Photo: The dome of the US Capitol Building is reflected in a puddle on a rainy morning in Washington, 2 February, 2012. Credit: Kevin Lamarque/Reuters)
6/1/202350 minutes, 31 seconds
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What risks does AI pose?

A new open letter warning that the risks of artificial intelligence are as serious as pandemics and nuclear war, has been released by tech leaders. The chief executives of ChatGPT-maker OpenAI and Google DeepMind are among those to have supported the statement. Ed butler discusses this and the rest of the business news from around the world with President Of AGC Global, Simon Littlewood in Singapore and from Delhi, Madhavan Narayanan, freelance writer and former senior editor at Hindustan Times. (Picture: AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. Credit: REUTERS/Dado Ruvic/Illustration/File Photo)
5/31/202350 minutes, 46 seconds
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How to tackle plastic pollution?

As International talks to tackle the usage of plastics begin in Paris, we ask what does the world need to do to get a grip of consumption? Do meetings get in the way of work? A new study has found that people are in 3 times more meetings and calls a week in February 2020. Rahul Tandon discusses this and other business stories from around the world with Peter Morici, economist at the University of Maryland and Rachel Pupazzoni, national business reporter and presenter with ABC News. (Picture: Plastic waste seen at the ALBA Group recycling plant in Berlin, Germany. Credit: EPA-EFE/CLEMENS BILAN)
5/30/202350 minutes, 31 seconds
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Biden and McCarthy ‘closer to deal’ on debt ceiling

President Biden has said that he should know by the end of Friday whether there is a deal with Republicans to raise the government debt ceiling, so it can continue to pay its bills. Mr Biden said things were looking good and he thought negotiators were very close to a deal. The two sides have a little more breathing room after the US Treasury Secretary, Janet Yellen, extended the debt ceiling deadline by four days, to 5 June. (Picture: U.S. President Joe Biden. Source: Somodevilla/Getty Images)
5/27/202354 minutes, 13 seconds
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Nvidia earnings make chip maker AI superpower

Nvidia, a US firm which specializes in chips powering artificial intelligence, surged as much as 27% on Thursday, putting the company on course for record performance with a market cap above $900 billion. But where is the future of AI while there are raising concerns about regulation and safety? And have you ever heard of ‘greedflation’? Find out why price rises might be bringing out some unsavoury tendencies in retail. (Picture: The logo of NVIDIA is seen displayed on a mobile phone screen with AI (artificial intelligence) written in the background. Source: Getty Images)
5/26/202354 minutes, 12 seconds
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Will Ron DeSantis get support from US businesses?

Florida governor Ron DeSantis has filed the necessary paperwork to run for the US presidency, saying he's Donald Trump without the drama. Mr DeSantis is expected to be one of the strongest challengers to the current leader in the polling: Donald Trump, despite being some way behind him. Kasia Madera is joined by Kimberly Adams, a correspondent for Marketplace in the US and Alicia Garcia Herrero, an economist in Singapore. (Picture: SIOUX CENTER, IA - MAY 13: Florida Gov. Ron DeSantis speaks during the annual Feenstra Family Picnic at the Dean Family Classic Car Museum in Sioux Center, Iowa, on Saturday, May 13, 2023. Picture Credit: Getty Images).
5/25/202350 minutes, 42 seconds
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Apple signs a multi-billion-dollar deal with US chipmaker Broadcom

Apple have announced a multi-billion-dollar deal with technology and manufacturing company Broadcom to produce 5G components to be used in its products. Kasia Madera is joined by economist Gaby Castro-Fontoura in Uruguay and report Andy Uhler in the US. (Picture: CUPERTINO, CALIFORNIA - SEPTEMBER 07: Apple CEO Tim Cook wears a new Apple Watch Ultra during an Apple special event on September 07, 2022 in Cupertino, California. Picture Credit: Getty Images).
5/24/202350 minutes, 44 seconds
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US debt ceiling: The wait for a deal continues

US President Joe Biden and top congressional Republican Kevin McCarthy have been in talks over raising the U.S. federal government's $31.4 trillion debt ceiling. Kasia Madera is joined by Jessica Khine, Corporate Advisor for the investment firm Astris Advisory in Malaysia and Walter Todd, president and chief investment officer at Greenwood Capital in the US.
5/23/202350 minutes, 42 seconds
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China is the focus on the second day of G7 summit

It's day two of the G7 summit, and the leaders of the group of major developed economies are in the Japanese city of Hiroshima. So far the focus of their talks has been Russia and Ukraine - today there is another major issue on the table – China. The Indian government says it will start withdrawing its highest value currency note from circulation saying it is not widely in use. People have been asked exchange their two-thousand rupee notes (worth around twenty five dollars) for smaller denominations by the end of September. An official from the central bank said the withdrawal would not cause any disruption to normal life or the economy. NASA has awarded the contract to build its astronaut Moon lander to a consortium led by Blue Origin - the space company owned by Amazon founder Jeff Bezos. (Picture: G7 leaders (left to right) Canada's Prime Minister Justin Trudeau, US President Joe Biden, European Commission President Ursula von der Leyen, Japanese Prime Minister Fumio Kishida, UK Prime Minister Rishi Sunak, French President Emmanuel Macron, European Council President Charles Michel and Italian Premier Giorgia Meloni arrive for the family photo at the Itsukushima Shrine during the G7 Summit on May 19, 2023 in Hiroshima, Japan. Source: Stefan Rousseau - Pool/Getty Images).
5/20/202354 minutes, 23 seconds
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G7 announce the latest sanctions against Russia

G7 summit started with new sanctions against Russia and discussion about Ukraine. The assembled world leaders, including the US president, Joe Biden, will hold talks on Indo-Pacific security in light of China’s threat to Taiwan, as well as nuclear disarmament, a key subject for Fumio Kishida, the Japanese prime minister. (Picture: Hiroshima Hosts G7 Summit. Picture Credit: Getty Images)
5/19/202350 minutes, 15 seconds
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Montana becomes the first US state to ban TikTok

The ban will take effect in 2024 although doubts about how it will be enforced remain. We explore the legal aspects of the new legislation and the impact it could have on businesses that rely on the app to reach their clients. Political instability is affecting the economy in Pakistan, where the former Prime Minister, Imran Khan, says that police have surrounded his home in the city of Lahore and that he expects to be rearrested soon. We hear from a business based in Karachi, the country's commercial capital. Also in the programme, we look into the challenges of transitioning to greener economic models to fight climate change. Rahul Tandon discusses these and other business news with two guests throughout the programme: Sergio Guzman, director at Colombia Risk Analysis in Bogotá, and Moneeza Butt, partner at KPMG in Pakistan. . (Photo: TikTok logo on a mobile screen. Credit: EPA)
5/18/202350 minutes, 53 seconds
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ChatGPT CEO urges US Senate to regulate AI

Sam Altman, CEO of OpenAI, says at a hearing before the US Senate, that governments must work to mitigate risks of increasingly powerful models of artificial intelligence. We look into the challenges that the technology brings for regulators. Also in the programme, we listen to the latest from the negotiations to increase the US debt ceiling to avoid a default that could harm the economy. And we ask Sri Lankans' about their expectations in a country that has battled through an unprecedented level of economic crisis. Roger Hearing looks into these and more business news throughout the programme with two guests on opposite sides of the world: Simon Littlewood, President of ACG Global Growth Delivered in Singapore, and Tony Nash, CEO at Complete Intelligence in Houston, Texas.
5/17/202352 minutes, 23 seconds
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EU approves Microsoft's acquisition of Activision Blizzard

European regulators back a $69bn deal that was vetoed in the UK. A decision on the merge by US authorities is expected in the next few months. We take a look at the potential fallout of the takeover. Also in the programme, we take a look at the rise and fall of Vice Media, which has just filed for bankruptcy. Once thought to be the future of journalism, firms like Vice and Buzzfeed are now fighting to survive. We find out why. And we listen to how Argentines do business in an economy where inflation stands at 109% and interest rates have been raised to 97%. Roger Hearing discusses these and other business news with two guests on opposite sides of the world: Alaezi Akpuru, owner and creative director of Virgioli Fashion, who's in Lagos, and Peter Morici, economist at the University of Maryland, in Virginia. (Picture: Illustration of Microsoft and Activision Blizzard game characters. Picture credit: Reuters)
5/16/202350 minutes, 53 seconds
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Elon Musk names new Twitter CEO

Elon Musk has announced his replacement as the chief executive of Twitter. He’s confirmed that NBC Universal executive Linda Yaccarino will succeed him in the role. To take up the post Yaccarino resigned her role at NBC Universal - where she had worked as Chairman of Global Advertising and Partnerships for 12 years. Will Bain speaks to Claire Atkinson, Chief Media Correspondent at Insider, who crossed paths with Linda when they both worked at NBC about what sort of boss she’ll be and the challenges that lay ahead. On Saturday the final of the Eurovision Song Contest will take place in Liverpool in the UK. The city is hosting the annual competition on behalf of last year’s winners, Ukraine, and as music fans from around the world descend on the city, reporter Hannah Mullane, finds out what it means for businesses there.
5/13/202350 minutes, 50 seconds
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Title 42 changes sees US and Mexico brace for border chaos

After more than three years, a controversial Trump-era immigration policy known as Title 42 has been lifted. The policy allowed border officials to turn back many would-be migrants, to help stop the spread of the Covid virus. Simultaneously new rules will come into effect, barring asylum seekers who travel through another country without requesting asylum there first. The BBC’s Mexico, Central America and Cuba correspondent, Will Grant, has the latest from Mexico. Adidas has decided to sell old Yeezy stock and donate some of the proceeds to charity. The company cut ties with the rapper last year over his anti-semitic comments.There is currently thought to be one billion pounds worth of Yeezy stock sitting in Adidas warehouses. Sportswear industry consultant, Ed Stoner, who previously worked at Adidas talks to Will Bain about the thinking behind this decision. Ferrari CEO Benedetto Vigna speaks to the BBC’s International Business Correspondent, Theo Leggett, about how a brand known for speed and supercars is looking to produce greener vehicles.
5/12/202354 minutes, 27 seconds
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US inflation beats forecasts, prices remain high

The price of goods and services in the US remains high but inflation was slightly weaker than forecast in April, bolstering hopes that the Federal Reserve’s interest rate increases are taking effect. (Picture: People at a food bank in the US. Credit: Getty Images.)
5/11/202350 minutes, 23 seconds
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Biden meeting with Republicans to raise US debt ceiling closes without a deal

President Joe Biden’s attempts to come to an agreement with Republican leaders about raising the US debt ceiling. Both sides conclude talks without reaching an agreement. Mr Biden wants to meet again to prevent the looming risk of an unprecedented government default. Protests take place in Pakistan after the arrest of former Prime Minister Imran Khan. His supporters come out onto the streets leading to more unrest in a country that is still trying to secure an IMF deal. Twice as many people travelled in the first three months of this year compared with the same time last year according to research. A UN report suggests that overall, international travel is back at 80% of pre-pandemic levels. Presenter Sam Fenwick is joined on the programme by Satoshi Shimonda a Senior Journalist at the Japanese based Nikkei Asia newspaper, and also by Alison Schrager, a Senior Fellow at the Manhattan Institute and columnist at Bloomberg Opinion to discuss these and other business stories from across the world.
5/10/202349 minutes, 48 seconds
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Australia delivers its first budget surplus in 15 years

Australia is setting up the final touches to its annual budget statement. It's projected to record a $4 billion surplus this financial year. The government will also set aside millions for wage rises for care workers and extend financial support for single parents, while banking most of the savings to put budgets on a more sustainable footing. (Picture: The Treasury, Australia. Picture Credit: Getty Images)
5/9/202350 minutes, 50 seconds
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Coronation of King Charles III

Royalty and dignitaries from around the world have arrived in London ahead of the coronation of King Charles. Many of them will be guests in Westminster Abbey on Saturday morning where the coronation ceremony will begin at 11 o'clock. Millions of other people across the UK and beyond are preparing to celebrate the coronation of King Charles III - a symbolic ceremony combining a religious service and pageantry. The day of splendour and formality will feature customs dating back more than 1,000 years. King Charles III is head of the Commonwealth countries and the head of state of 14 countries. (Picture: His Majesty King Charles III. Source: WPA Pool/Getty Images)
5/6/202354 minutes, 20 seconds
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Apple profit and revenue higher than expected

Apple has reported quarterly revenue and profit above Wall Street's expectations, fuelled by strong iPhone sales - particularly in emerging markets such as India (where the company recently opened its first stores). The US tech giant reported profits of twenty-four billion dollars ($24 billion) on revenue of ninety-four-point-eight billion dollars ($94.8 billion) in the first three months of this year. The US regional banking sector is coming under renewed pressure amid a crisis in confidence. Trading in the California lender PacWest was briefly suspended as shares fell more than fifty percent, after its owners confirmed it had explored strategic asset sales. The British singer-songwriter Ed Sheeran has won Thinking Out Loud copyright case. A New York court ruled today that Mr Sheeran did not copy Marvin Gaye's Let's Get It On when composing the track. (Picture: An iPhone logo in Shanghai, China. Source: Getty Images)
5/5/202353 minutes, 50 seconds
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AI’s ‘Godfather’ quits Google amid dark warnings

Geoffrey Hinton helped to establish some of the basic foundations of AI but now fears the technology is racing ahead too fast. He is leaving Google after more than ten years so he can speak more freely about the risks. The White House says First Republic bank, which collapsed to be taken over by JP Morgan, was ‘severely mismanaged’. However, some customers and former staff disagree. The failure of San Francisco-based First Republic is the second-largest in US history and the third in the country since March. And, Hollywood writers and television producers approach a deadline to sign a new contract - or take strike action…the first such action in 15 years. (Photo: Artificial intelligence pioneer Geoffrey Hinton speaks at the Thomson Reuters Financial and Risk Summit in Toronto, December 4, 2017. Mark Blinch/Reuters)
5/2/202349 minutes, 20 seconds
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First Republic's future in doubt again

The bank's shares plunge by more than 40% as plans for its survival fail to materialise. We talk to a depositor about his concerns and we ask experts what First Republic's clients like him can expect as news that the bank might be placed under receivership start to emerge. Also in the programme, we take a look into sustainable fashion now that the European Parliament’s Environment Committee has outlined a series of recommendations and measures to encourage members to produce circular, sustainable and socially responsible textiles. We also discuss Japan’s pledge to have women occupying at least 30% of executive positions in the country's top companies by the end of the decade. And we hear from Jason Derulo about the skills needed to succeed in the music industry. Devina Gupta is joined throughout the programme by two guests on opposite sides of the world: Rebecca Choong Wilkins, Senior Asia Correspondent with Bloomberg in Hong Kong, and Takara Small, a technology journalist in Toronto. (Picture: A man works inside one of the First Republic Bank branches in New York. Picture credit: Reuters)
4/29/202350 minutes, 25 seconds
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US economy slows in the first quarter of 2023

The US economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. American consumers kept spending despite inflation, contributing to GDP expansion. But growth slowed down as businesses pulled back on investment and hiring. We hear from experts and businesses about the consequences this. Also in the show, we take a look at India’s plans to start producing genetically modified mustard seeds, and we listen to women who have experienced impostor syndrome. Devina Gupta is joined throughout the programme by two guests on opposite sides of the world: Colin Peacock, host of MediaWatch in New Zealand, and James Early, chief investment officer at BBAE in the United States. (Photo: Illustration of US flag and dollars. Credit: Getty Images)
4/28/202350 minutes, 23 seconds
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UK gatekeeps gaming merger

Microsoft's proposed $68.7bn deal to takeover game developer Activision Blizzard has been blocked by UK regulators over competition concerns. We get reaction to the decision from a former Vice President at Microsoft, Peter Moore. Devina Gupta discusses this and more business stories from around the world with Tony Nash, Chief Economist at Complete Intelligence in the US and Yoko Ishikura, Professor Emeritus at Hitotsubashi University in Japan. (Picture: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Credit: REUTERS/Dado Ruvic/Illustration/File Photo)
4/27/202350 minutes, 21 seconds
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What economic challenges does President Biden face for his 2024 bid?

As Joe Biden officially launches his bid to be re-elected as President of the United States, we look at his economic record, and the challenges he might face in a second term. Roger Hearing discusses this and more business news from around the world with Hayley Woodin, Editor in Chief of news publication, Business in Vancouver and Alaezi Akpuru, owner and creative director of Nigerian contemporary womenswear brand, Virgioli Fashion in Lagos. (Picture :U.S. President Joe Biden, who just announced his re-election campaign for president, delivers remarks at North America's Building Trades Unions Legislative Conference at the Washington Hilton, Washington D.C, U.S., April 25, 2023. Credit: REUTERS/Leah Millis)
4/26/202350 minutes, 21 seconds
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Monday Media Mayhem

Fox News has parted ways with their top presenter Tucker Carlson, a week after the firm's surprise decision to settle a multi-million dollar lawsuit over its reporting of the last Presidential election. His show regularly attracted more than three million viewers every evening. Meanwhile rival network CNN has terminated their contract with one of their leading hosts, Don Lemon. Roger Hearing discusses this and other business stories from around the world with Dante Disparte, chief strategy officer and head of global policy at Circle in Washington, and Zyma Islam, Journalist for The Daily Star in Bangladesh in Dhaka.
4/25/202350 minutes, 22 seconds
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US Supreme Court keeps abortion pill available

The US Supreme Court has ruled that the abortion pill Mifepristone can still be available while a legal appeal against its use is considered. Mifepristone is part of a two-drug regimen that now accounts for more than half of abortions in the US. The UK's deputy prime minister Dominic Raab has resigned over bullying accusations in his role. The former deputy prime minister has denied the claims, we find out what exactly constitutes as workplace bullying. What if we could reverse your biological age or how about the idea of being able to increase our "healthspans" - live our healthy years for longer? Imagine feeling like you're 40 at 60. BBC Click presenter Lara Lewington has been to California and met a tech billionaire, who's trying to do just that. (Picture: The U.S. Supreme Court building is seen in Washington, U.S. Credit: Reuters.)
4/22/202350 minutes, 7 seconds
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Biden pledges $1bn to tackle climate change

President Joe Biden has said the US will put another $1 billion into a US climate fund to help tackle climate change in developing countries. Biden announced his plans at the virtual Major Economies Forum on Energy and Climate. Elon Musk's SpaceX company's new rocket, Starship, has exploded on its first ever flight. The rocket blew up within minutes but the launch was still deemed a success. The Tesla owner has said his company will try again with another test flight in a couple of months. This weekend millions of people in Pakistan will be celebrating Eid - the Muslim festival that marks the end of Ramadan. This year it has been particularly challenging as the usually lavish meals enjoyed after fasting have been hit by the rising cost of food. We head to Pakistan to find out what it has been like during this time.
4/21/202350 minutes, 11 seconds
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How Apple’s new stores in India could help young generation?

Apple Chief Executive, Tim Cook, has met with Prime Minister, Narendra Modi, as he is looking for a market growth and investment in India. Tesla shares dropped 2% after the electric-vehicle maker cuts down the price U.S for the sixth time this year. Tesla shares slid further in initial after-market trading on Wednesday following the company's quarterly report. April 18th - was Tax Day in the US - the day that marks the deadline for individuals to file their income tax returns for the year. That opportunity was by a group of billionaires to bring a protest to the US Congress too - demanding they pay more tax. It's been a challenging time for the global airline industry. Demand has yet to recover following the Covid pandemic - and this week industry leaders have warned the cost of de-carbonising flights could send passenger costs even higher in the years to come. (Picture: Men talk on their mobile phones in front of an iPhone 14 advertisement, in India. Source: Sankhadeep Banerjee/NurPhoto via Getty Images)
4/20/202353 minutes, 41 seconds
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Fox News settles $787.5m for Dominion defamation case

The US voting technology firm Dominion has settled with Fox News just before their defamation trial was due to begin. Dominion had sought $1.6bn (£1.3bn) from Fox, whom it claimed spread falsehoods about its voting machines in the 2020 presidential election. The final settlement agreed between both parties was for $787.5m. The world of its biggest competitor the streaming giant Netflix has just released its latest financial results and it has bounced back from the loss of 200,000 subscribers a year ago. Pew Research in the United States found that even when women earnt the same as a male partner - they still spent more of their down time caring for either children or elderly parents - as opposed to the men who spent it - doing whatever they wanted. Baseball's new pitch clock designed to speed up the pace of the game has won many fans - just not in professional teams' commercial departments. (People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Source: Spencer Platt/Getty Images)
4/19/202353 minutes, 18 seconds
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The US-China trade war heating up

There have been economic tensions between the US and China that has been for some time dominating the news and the involvement of their respective allies. Is this a new trade war that is coming back to the boil? And as a jobseeker, ChatGPT is affecting job applications as fears of cheating grow and employers thinking to disqualify any AI-aided submissions. (Picture: A photo illustration showing Chinese 100 yuan banknotes and US banknotes in Beijing. Source: EPA/WU HONG)
4/18/202353 minutes, 43 seconds
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Pentagon leaks: How social platform Discord found itself in the spotlight

A twenty-one-year-old US National Guardsman Jack Teixeira has appeared in court in Boston accused of leaking highly-sensitive military intelligence. He’s said to have distributed very damaging intelligence on everything from Ukraine's war plans to Washington spying on its allies like South Korea. But there's one part of this that is especially interesting - it was all initially distributed on Discord, a social media platform, popular with gamers. (Picture: Two Wooden People Figures Communicating. Picture Credit: Getty Images)
4/15/202350 minutes, 44 seconds
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Brazil’s President Lula travels to Beijing

Brazil's President Luiz Inacio Lula da Silva has started his trip to China. The trip's aim is to upgrade relations with China now that Lula is back in office and seek new Chinese investment in the Latin American country. (Picture: Inauguration of Lula Da Silva as The 39th President of Brazil. Picture Credit: Getty Images)
4/14/202349 minutes, 45 seconds
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Biden trumpets inflation fall

US inflation fell to 5% last month – the lowest rate since May 2021. March’s monthly consumer price index – which measures the price of a ‘basket’ of goods and services – continued its steady decline from its peak of just over 9%. It prompted US President Joe Biden to tweet that: “Inflation has come down 45% since its summer peak. Gas prices are down, and grocery prices fell last month for the first time since September 2020”. But the slowdown is not expected to sway officials at the Federal Reserve, who set interest rates. Economists are still expecting an increase. Also in the US - some ambitious new targets have been announced for cutting greenhouse gas emissions from cars. The Environmental Protection Agency wants two-thirds of all new vehicles to be electric within a decade. It's the latest step by the Biden administration to push for the mass adoption of EVs. Last year, electric vehicles made up about six percent of the American market so there's a long way to go to hit those targets. Are they realistic? And - do you fancy buying a dinosaur skeleton?...because if you do next week is your big chance. The full skeleton of a T-Rex goes to auction in Switzerland. But you'll need a minimum of around $5 million if you fancy bidding. There is, however, some concern about the whole ethics of selling off such rare fossils. Will the public ever get to see it in future - or will fossil ownership simply become another rich person's toy? (Picture: President Biden during his visit to Ireland, Courtesy Getty Images)
4/13/202349 minutes, 19 seconds
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IMF concerns about smaller US banks

The International Monetary Fund raises concerns about the sudden failures of Silicon Valley Bank and Signature Bank in the United States, and the loss of market confidence in Credit Swiss. At its spring conference with the World Bank in Washington, the IMF warned that global financial stability risks have increased rapidly in the last few months, in part because banks generally didn't prepare adequately for interest rates increases. The IMF warns that this might impact in particular regional and smaller banks in the US. Meanwhile, in Japan where interest rates are at 2%, we look at what the Bank of Japan might do with rates in the future. The central bank has indicated that it may revise or even abandon its targeting of long-term interest rates by the end of September - if conditions are right. And – we report on a novel way of increasing productivity in Bangladesh – providing workers with free glasses to improve their eyesight.
4/12/202349 minutes, 19 seconds
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Global funders face thorny issues at spring conference

The spring meetings of the International Monetary Fund and the World Bank are beginning in Washington - the major global financial institutions - are gathering at a time of profound concern about persistent inflation, struggling countries, and the health of the banking system. It follows several failures of regional banks and uncertainty in giant finance houses like Credit Suisse and Deutsche Bank There’s another twist in the story of FTX - the crypto-currency exchange that collapsed spectacularly last year in what US prosecutors say was an "epic" fraud. It's now emerged that the former bosses of FTX joked about losing tens of millions of dollars and even signed off expenses with emojis. These are just some of the findings of an initial report from the new management team at the company. And President Joe Biden arrives in Northern Ireland on Tuesday to join ceremonies marking the 25th anniversary of the Good Friday peace agreement. He will be meeting business leaders there -