World Business Report
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World Business Report
The latest business and finance news from around the world, on the BBC.
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Is this the biggest oil deal in history?
US oil giant Chevron says it will expand operations in Venezuela, with plans to invest more than $7 million to double its output there over the next f...
United States signs oil deal with Venezuela
A controversial oil deal gives the United States control of more than a fifth of Venezuela’s reserves.
Plus, could Kenya be running shor...
How will bond market turmoil affect you?
Escalating conflict in the Gulf is pushing oil prices ever higher. We explore the connection between energy prices and government borrowing to find ou...
Shein's Big IPO - and a Smaller Valuation
Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around...
Apple's new chief
In the 15 years since he's been charge at Apple, Tim Cook has turned the consumer tech company into a multi-trillion dollar success. What does new CEO...
US-Iran conflict: What next for oil and trade?
The US and Iran exchange fire for the first time in a month, as an oil tanker reportedly hits mines in the Strait of Hormuz. We look at what the renew...
US Central Bank Chair says inflation isn't beaten yet
The head of the US Federal Reserve, Kevin Warsh, says policymakers "have work to do" if they are not confident cost-of-living pressures are easing for...
Warsh strikes cautious tone on US interest rates
In his first speech at Jackson Hole as Federal Reserve Chair, Kevin Warsh said that while inflation data had been better than expected over the summer...
AI firms call for countries to beef up their cyber defences... against AI
They warn cyber-attacks which use AI will become both more widespread and more sophisticated in a matter of months as the technology rapidly improves....
Hormuz Oil Flows Recover
More oil is making its way through the Strait of Hormuz, despite the continuing war with Iran, with Kuwait and Qatar among the Gulf producers finding...
Meta agrees to pay up to $18Bn in record legal settlement
The Facebook and Instagram owner was accused by several US States of having addictive products that harm children.
Shares in US chip designer Nv...
Meta agrees $18bn settlement
Meta, the parent company of Facebook and Instagram, has agreed to an $18bn settlement with 29 US states over claims that its platforms harmed children...
Canada hits back at the US with $20Bn tariffs on US goods
Finance Minister François-Philippe Champagne announced ‘dollar-for-dollar’ counter-tariffs on a swath of U.S. goods — with a sliding scale of 15, 25 a...
Can Washington really cut Iran off from the global economy?
We take a look at what the latest US sanctions could mean for Iran's trading partners. Plus, India's taking "express" action to bring down soaring oni...
Iran faces 'greatest financial offensive ever'
The US has announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said is "the single great...
US warns Iran of "the single greatest financial offensive ever"
What could new sanctions mean for Iran's economy and its trading partners?
Meanwhile, President Trump announces plans for a 50% tariff on Canad...
Title: El Niño: What could it mean for the global economy?
Long: Meteorologists warn a developing El Niño could be the strongest in living memory, with scientists saying next year could become the hottest on r...
El Nino causes the economy to heat up
A strong weather system which causes the globe to heat up is already having an impact on business with the Panama Canal reducing the number of ships w...
America's $40 trillion debt
US government debt has topped $40 trillion for the first time, raising fresh questions about America’s finances and the cost of borrowing.
We a...
Moderna shares get a shot in the arm after cancer vaccine results
Moderna shares soared more than 172% after strong results for its vaccine for melanoma skin cancer. Elsewhere, the Evergrande saga came to a dramatic...
The economic cost of Russia’s war in Ukraine
Russian President Vladimir Putin acknowledges that Ukrainian attacks and sanctions are affecting his country’s economy, while insisting there have bee...
US - Canada trade: Deal or No Deal?
The US has paused 50% tariffs on Canada, hours before they were due to come into effect as the countries firm up a trade deal. Donald Trump said a dea...
Meta on trial
Tech giant Meta on trial over claims it deliberately keeps young people scrolling. Four US states are seeking billions of dollars from the company, as...
Is social media about to change forever?
Facebook and Instagram's parent company, Meta is heading into a legal battle against a group of US states that argue it deliberately designed its prod...
50% Tariff Warning: The US-Canada Trade War Escalates
The US has threatened Canda with a 50% tariff on goods, with billions of dollars of trade at stake. But can Canada persuade President Trump to change...
What a katsu curry can tell us about the Japanese economy
We speak to the creator of the Katsu Curry Index about what the price of the iconic Japanese dish can tell us about the yen, inflation and the country...
Young people want jobs
International Labour Organisation reported that joblessness among young people rose globally in 2025. We take a look at the issue of youth unemploymen...
Tech giants grilled over Australian Social Media ban
Australian lawmakers have been questioning executives from the likes of Meta and Tiktok over the country's social media ban for under 16s.
Data...
How Incheon Airport has become the world's busiest airport
Incheon Airport near the South Korean capital of Seoul has become the world's busiest international airport for the first time, handling more than 38...
Maersk en-route to success
Maersk's CEO exclusively tells World Business Express the company is investing more in alternative routes after the trouble in the Strait of Hormuz
Los Angeles Lakers face takeover
The Los Angeles Lakers are to be sold for a reported record-breaking $12.5bn to American businessman Josh Kushner and former Disney chief executive Bo...
US Prices: What's Getting More Expensive
The latest US inflation data is out, but with the cost of living still a major concern for households, how are Americans feeling about their finances?...
Total solar eclipse boosts tourism
As parts of Europe head for a "once-in-a-lifetime" total solar eclipse, we hear from one region in Iceland on how they are seeing a boost in tourism i...
Nvidia raises $500bn for AI Data Centres
Some of the world's biggest banks and investment firms have partnered with the chip giant to invest in artificial intelligence infrastructure.
T...
Why are billionaires investing in the Premier League?
A consortium led by businessman Amit Bhatia, including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin are in talks to buy around a...
China launches first regular Arctic shipping route
The "Ice Silk Road" will run along the north Russian coast on its journey between Ningbo on China’s east coast and Felixstowe in the UK. Sea Legend, t...
The USA's employment slump
The US saw a weaker market after losing 23,000 jobs in July and it's figures are much worse than expected. We'll be hearing why the American economy i...
US creates fewer new jobs than expected
Overall, the US economy shed 23,000 jobs in July in the latest sign of a cooling labour market. Traders say an interest rate rise is now less likely.<...
The heatwave economy
This summer has been heatwave after heatwave, and countries like Turkey and Romania have seen a bumper harvest, we're taking a look at how the extreme...
Cashing in on SpaceX
As some SpaceX shares become available to sell, it's potentially a massive payday for staff. We hear from a former worker about his plans for the mone...