World Business Report
The latest business and finance news from around the world, on the BBC.
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Concerns Trump tariff threat could trigger Canada recession
The Canadian Federation of Independent Business tells the BBC that business fears a recession as a result of Donald Trump’s tariff threats. Also, President Jo Biden announces a ban on new offshore oil and gas drilling in most US coastal waters. And how popular is New York's newly introduced congestion charge?
Shipping companies place record orders for new container vessels
Shipowners have recently placed orders for a record number of new container vessels, driven by a substantial increase in profits. Nippon Steel of Japan and U.S. Steel have jointly filed a lawsuit challenging President Joe Biden’s decision to block a $15 billion acquisition deal. And the first congestion charge scheme for vehicles in the US has come into effect in New York City. Sam Fenwick hears about other places that have implemented such plans, including London and Singapore.
Could blocked US steel deal strain global partnership
How will President Bidens decision to block Nippon Steel’s takeover of US Steel impact Americas relationship with Japan India’s scan to pay transactions will hit one billion by 2026-27. What does this shift to a cashless society mean for the country? And how should couples handle money related disagreements? We hear from Reema Khrais, host of 'This is Uncomfortable' podcast
Biden rejects Nippon Steel’s $15bn takeover of US Steel
US where President Biden has blocked the takeover of US Steel -- the nation's third-biggest steelmaker -- by the Japanese company Nippon Steel.We hear from Syria as it destroys what had been its number one cash export - highly addictive amphetamines.Also in the show, could Slovakia really be about to switch off Ukraine's electricity supply?
New Orleans Attack: Business reaction
We hear from the owner of several restaurants in New Orleans after a man drove a truck into a crowd. The attack took place at Bourbon Street a well-known tourist hotspot that is filled with restaurants, bars and clubs.Presenter Rahul Tandon talks to a US based bike manufacturer about the impact tariffs will have on the global economy as well as on companies like his which rely on Chinese parts to keep the business going.We are also in Mexico to hear about its trading relationship with US with the imminent arrival of Donald Trump. The plans to curb immigration along the border between the country.