The latest business and finance news from around the world, from the BBC.
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.
Germany's post-Covid recovery has not gone as planned, according to a damning new report by the country's commerce chamber.Elsewhere, Roger Hearing looks at news reports that the US is planning to sue Ticketmaster-owner Live Nation over anti-competitive practices. And we look inside the first state visit by an African leader to the US in over 15 years.
UK's Prime Minister Rishi Sunak has defended his political and economic record in the wake of some relatively positive inflation numbers. So, is this the right moment for a General Election? Find out how Brazil's farmers are adapting to climate change. While Ugandan farmers are adapting to elephants trespassing from South Sudan.
UK inflation hit its lowest in 3 years, but was still hotter than analysts expected. In this special episode, we record live from a Manchester food hall to talk to businesses and their customers about the price changes they're seeing.they're seeing. We also speak to experts about what this means for central bank rate cuts, and how the UK is faring compared to major global economies.
As EU countries adopt a plan to use profits from frozen Russian assets for Ukraine defences and rebuilding, Ed Butler, looks at how the scheme might work and whether the idea risks undermining the rule of law.Hollywood actress Scarlett Johansson is taking legal advice after a new version of the AI bot, Chat GPT, was released with a voice she claims is eerily similar to her own - how can AI seek to develop while staying on the right right side of copyright laws?And, Red Lobster, was once one of the world's largest seafood chains but as it files for Chapter 11 bankruptcy, how did the once successful seafood franchise end up in such deep water?