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World Business Report

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World Business Report
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  • World Business Report

    Global shipping threatened by Houthi military advances

    2026-09-11 | 26 min.
    The Houthis now control the vital Red Sea waterway including the key shipping lane through the Bab al-Mandab Strait. We hear from maritime and security experts. 
     
    As oil prices hit an unprecedented six dollars per barrel in the U.S., we go to South Dakota and Massachusetts to speak to American business owners about the impact of higher prices and lower wages. 
     
    And on the twenty fifth anniversary of 9/11,  the Speaker of the New York City Council tells us about how her city fought back, but also about the environmental consequences of the attack.
     
    (Image Credit: EPA/Shutterstock)
  • World Business Report

    "It's like somebody turned the faucet off" - gas prices keep inflation high

    2026-09-11 | 8 min.
    Prices in the US rose by 3.4% in the year to August, with the cost of living being pushed up by higher gasoline prices. We hear how one business is being impacted.
    China sets targets to boost the percentage of EV's and autonomous vehicles on its roads.
    And athletes compete for a share of 10 million dollars at the inaugural World Athletics Ultimate Championship in Budapest Hungary.
    Presenter: Luke Wilson
    Producer: Barbara George
  • World Business Report

    China’s President to travel to the BRICS summit in India

    2026-09-10 | 26 min.
    The visit to New Delhi is Xi Jinping’s first trip to India in seven years. But will this diplomatic overture lead to stronger business ties between the two countries? We go to our correspondent on the ground who tells us more. How much does the BRICS summit matter? A Brazilian economist tells us her view.
    An expert on Yemen explains the latest shipping crisis in the region, after Houthi rebels take the city of Mocha on the Red Sea.
    We go to New York to speak to a mathematician who says the field is in trouble — because of AI.
    And the revelation that AI companies are buying rare books and destroying them has sent shockwaves through the books market — one rare book seller tells us why AI companies want the books and what it's doing to his business.
    (Image Credit: Reuters)
  • World Business Report

    ECB hikes rates to 2.5%

    2026-09-10 | 8 min.
    The European Central Bank has raised its key interest rate to 2.5%, as it steps up efforts to bring inflation under control. Will be taking a look at the kind of impact this is having and will other central banks follow suit.
    Oil as hit over a hundred dollars a barrel, with jet fuel costs in some parts of the world pushed even higher.
    And the Chinese telecoms giant Huawei goes on trial in New York.
    Presenter: Luke Wilson
    Producer: Barbara George
  • World Business Report

    Is AI a threat to humanity?

    2026-09-09 | 26 min.
    An Anthropic researcher's post on X that there is a 10% chance that AI "could kill all humans" has been viewed more than ten million times. It comes as Jacob Coxon resigns from the company warning that the two top companies are not "acting responsibly." But others say the warnings are overblown. We hear from experts and the public.
    We go to the U.S. where Apple is launching a new product, the first foldable iPhone — the first such launch with new CEO John Ternus.
    And a food safety crackdown in Mumbai, India's financial capital, has gone viral — with thousands of restaurant raids, and photos of filthy kitchens shared widely online.
    (Photo: REUTERS/Manuel Orbegozo )
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