World Business Report
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World Business Report
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Tariff relief for US consumers
We examine pledges to ease the tariff burden on some US grocery staples. How will a reduction in levies on coffee and bananas help the consumer?
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COP30: Amid protests, a call for a global carbon tax
In Brazil, Indigenous protesters have stormed the COP30 venue in Belém over broken land rights promises. Inside, climate talks continue with shipping...
Crypto queen jailed for 11 years over $6 Billion bitcoin scam
Leanna Byrne gets reactions as a woman known as the Chinese crypto queen has been sentenced to jail in London for laundering billions in stolen bitcoi...
Is the US government shutdown about to end?
Leanna Byrne looks at signs that the United States may finally be nearing an end to its record-breaking forty-day government shutdown. The Senate has...
Jamaica to get $150 million from “catastrophe” bond
The World Bank has confirmed that Jamaica will receive a full $150 million payout from its catastrophe bond, which is the maximum possible, after Hurr...
Global shipping giant Maersk raises its outlook
Maersk, a global shipping giant, has raised its full-year operating profit forecast to between $9 and $9.5 billion after better-than-expected third-qu...
Shein store opening in Paris draws protests
The Chinese online retailer Shein is opening its first permanent shop, using floor space in the prestigious BHV department store in the French capital...
Tesla’s shipments are powering down in China
Tesla's China-made electric vehicle sales of Model 3 and Model Y fell nearly 10% in October from a year earlier, reversing a 2.8% increase in Septembe...
US Government shutdown close to becoming the longest in history
The US government shutdown appears on course to be the longest in history after President Trump made clear he has no plans to negotiate with Democrats...
Hazelnut supply crisis threatens chocolates like Nutella
Italian confectionery giant Ferrero, maker of Ferrero Rocher and Nutella, is in a standoff with Turkish hazelnut dealers. Why? Turkey, the world’s lar...
Are we close to a US-China trade deal?
After what President Trump calls an “amazing” meeting in South Korea, the US and China strike a trade truce. But is it really a full deal? We break do...
Nvidia hits historic $5 trillion valuation
The world’s most valuable company, Nvidia, has hit a historic $5 trillion valuation after unveiling new contracts to supply AI chips and revealed plan...
Have the US and Japan formed a stronger alliance?
US President Donald Trump and Japan's new prime minister have pledged a stronger alliance and closer economic ties during his visit to Tokyo. The two...
Trump seeks trade deals on his Asia tour
He's currently in Tokyo where trade and investment are high on the agenda. Japan is already America's biggest investor and promises to pump another 55...
Trump says trade talks with Canada 'terminated'
Donald Trump says he's ending trade talks with Canada, all over an ad. He accused Canada of fraudulently using Ronald Reagan’s words in what he called...
US and EU increase pressure on Russian energy sector
Fresh sanctions are hitting Russia's energy sector, from both the European Union and the United States. The goal is to squeeze the money earned from e...
What's the beef with Beyond Meat?
Retail traders are being credited for sending Beyond Meat's stock surging.
Also, an estimate on the cost of the Jaguar Land Rover cyber attack....
What to expect from Japan's first female prime minister?
Japan’s first female prime minister sends financial markets soaring as investors bet she's gonna spend big on Japan's economy.
The Brazilian oi...
Amazon Web Services: hundreds of sites including Zoom, Duolingo and Snapchat are affected
A problem at Amazon Web Services has broken the internet...dozens of apps and websites stopped working following a huge outage.
We look...
Are Chinese businesses feeling the squeeze?
New official data shows that prices in China are falling again. The producer price index, which measures the amounts charged by factories, has been ne...