World Business Report
World Business Report
BBC World Service
The latest business and finance news from around the world, on the BBC.
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 five years.As Uber leaves the Nigerian market, we'll look at what that means for drivers and passengers who depend on the platform every day.Plus, the Venice Film Festival has rolled out the red carpet. So why does it feel a little less glamorous this year?Photo: EPA/Shutterstock
Sep 2
26 min
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 short of milk? And thousands of US sailors deployed to the Strait of Hormuz reach dry land, after a record stretch at sea. Presenter: Bisi Adebayo Producers: Victoriya Holland and Huma Shah Editor: Naomi Rainey
Sep 2
8 min
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 out why falling bond prices across the world matter to jobs and inflation. The appearance of Russia's finance minister at the G20 talks in North Carolina caused some awkwardness among his European counterparts. Beyond the embarrassing family photo shoot, we try to find out what Russia hoped to gain from the summit. And after almost 20 years without turning a profit, Victoria Beckham's fashion and beauty business has finally turned a profit. What's changed?(Picture: A passerby walks past a screen showing the yield on the 10-year Japanese government bond in Tokyo, Japan, 31 August 2026. Credit: Franck Robichon,EPA/Shutterstock)
Sep 1
26 min
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 a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant. China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer. Presenter: Bisi Adebayo Producer: Amber Mehmood
Sep 1
8 min
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 John Ternus need to do to keep Apple on top? Also, what's on the minds of those running the world's biggest economies? We take the temperature at the G20 summit in North Carolina. And as Sony Music Publishing and Warner Chappell become the latest industry names to take legal action against an AI giant, we speak to someone at the heart of the debate: a real-life musician. Photo: REUTERS/David Swanson
Aug 31
26 min
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 renewed fighting could mean for oil supplies, shipping and the global economy. Also, China and Russia hold talks as world leaders gather for the Shanghai Cooperation Organisation summit. And after 15 years at the top, Tim Cook prepares to step down as CEO of Apple.Producer: Bisi Adebayo Presenter:Luke Wilson
Aug 31
8 min
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 Americans.Policy makers from 10 nations neighbouring the Baltic Sea have been meeting today to discuss hybrid attacks on their countries. Earlier this month Leipzig Airport in Germany was shut after drones targeted planes.And a group of more than 80 performers have written to the British Prime Minister urging his government to take action over companies using Artificial Intelligence to clone their voices.
Aug 28
26 min
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, it did not suggest the outlook had "meaningfully improved". However, he stressed that his remarks should not be seen as a guide to future interest rate decisions. And more than 80 British actors and voice artists are calling for stronger legal protections against AI-generated copies of their voices. Presenter: Bisi Adebayo Producer: Amber Mehmood
Aug 28
8 min
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.UEFA is preparing criminal legal action against the President of FIFA, Gianni Infantino.And a barrel of single malt scotch whisky bought in 1971 for $175 has been valued by auctioneers at $370,000.
Aug 27
26 min
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 new ways to keep supplies moving. Could tighter restrictions on Facebook and Instagram actually make children safer online? A former Meta engineering director and whistleblower says changes agreed in a multibillion-dollar US settlement won't go far enough. And Forbes Russia has named Wildberries founder Tatyana Kim the country's wealthiest woman, despite Ukrainian attacks on the company's warehouses.
Aug 27
9 min
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