World Business Report

King Abdullah of Jordan met with Donald Trump at the White House after the American president had threatened to withhold $1.45 billion a year in US aid if Jordan did not agree to scheme Also, as Canadian Prime Minister Justin Trudeau says tariffs imposed by Donal Trump are "unacceptable,' a food market entrepreneur in Ottawa says they have seen shoppers boycott US goods And, how diss tracks in a feud between Kendrick Lamar and Drake have raised an estimated $15 million.

Meanwhile, European Commission President Ursula von der Leyen said, "Unjustified tariffs on the EU will not go unanswered". We get reaction from the European Steel Association. The UK and US have not signed an international agreement on artificial intelligence (A.I.) at a global summit in Paris; meanwhile, Sam Altman, the CEO of OpenAI, has rebuffed a $97.4bn bid to take over the firm from a consortium of investors led by Elon Musk. And Will Bain hears whether oil giants are scaling back from renewable projects, as BP says it will "fundamentally reset" its strategy as profits dropped sharply last year, and is widely expected to say later this month that it will scale back renewables projects and increase oil and gas production.

Elon Musk has bid to purchase the non profit tech firm, Open AIPresident Donald Trump says he's going to impose a 25% import tax on imports of steel and aluminium from abroadAnd is the US falling out of love with fast food? McDonald’s sales have declined, we find out why

US President Donald Trump says he will impose 25% tariffs on all steel and aluminium imports on Monday—a move that will have the biggest impact on Canada. Is tech failure at a multinational corporation and putting customers offline for a few hours worse than a cyberattack at a small company in one city? We hear about major disruptions to IT systems and how difficult it is to assess the most damage. The US Treasury Secretary, Scott Bessent, has been told to stop minting one-cent coins, or pennies, by US President Donald Trump in an announcement on social media. So, is this the end of the one-cent coin, and what difference does that make if one cent won't buy you very much? We hear experts’ thoughts.

President Trump says the US will export record volumes of liquified natural gas to Japan.And USAID should be closed down, according to Trump.Also on the programme today, the British government has demanded that Apple provide its security agencies with backdoor access to encrypted data stored by users across the world.And now that the wildfires around Los Angeles have been contained, how will the region recover and rebuild?The latest business and finance news from around the world, on the BBC.

U.S. President Donald Trump hosts the Japanese Prime Minister Shigeru Ishiba for the first time, as the two allies work to boost business and security ties. But, given Japan runs a trade defecit with America - can the two stay on friendly economic terms? We hear from one business owner who certainly hopes so... Also on the programme today we'll be live at a major meeting of those looking to mine critical minerals in Africa. And it's Super Bowl Sunday in the United States this weekend and that means a lot of people watching television adverts which cost companies million dollars. Despite their cost, are these ads good for business?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

South Africa's President Cyril Ramaphosa is expected to deliver his first State of the Nation address since last year's elections, focusing on development and driving economic growth, job creation, and development. Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas production. And Sam Fenwick also hears about more than 100 farmers in County Kerry in southwest Ireland, who are set to become millionaires after their dairy cooperative agreed to sell its shares to the Kerry Group, one of Ireland's biggest food producers.

China complains to the World Trade Organisation about Donald Trump's tariffs, but with no active judging panel, what can the WTO do?Roger Hearing discusses why the US Postal Service has U-turned after refusing to handle any parcels from China and Hong Kong, as well as the growing trade war between the World's two leading economies.Elsewhere, the issue of de-banking has been debated in the US Congress, so are financial institutions discriminating against certain groups or industries?And a man from Indonesia has been hired as Japan's first-ever foreign bus driver. Does this show the Japanese government's new determination to let in more overseas workers?The latest business and finance news from around the world, on the BBC.

Economy and trade minister Carlos Cuerpo outlines the strong trade ties between Madrid and Beijing, with Spain importing large volumes of trucks, cars, vans and spare parts from China. After the United States, China is the European Union’s second-biggest trading partner. Why has the US Postal Service changed its mind and is now accepting all packages from China and Hong Kong? And Honda’s share price rises on reports a merger with Nissan may be called off.

The US China tariffs are still on, even if Donald Trump pressed pause on the ones on Mexico and Canada.A call had been expected between President Trump and his Chinese counterpart... but it hasn't happened - and the US president says he's in no hurry. So, it's 10% on China's imports to the US and China has put on its own 10% on US goods and curbing exports of rare earth metals.We'll bring you the latest in the trade war. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

Estonia's Defence Minister Hanno Pevkur tells Will Bain that more countries should up their military spending to five per cent of GDP, in an effort to combat Russian aggression. It follows US President Donald Trump's assertion that too many members of the NATO military alliance rely on America's military might and spending. China announces retaliatory tariffs against the US after President Trump imposed a ten per cent tax on all Chinese imports. The counter-measures includes tax on coal, gas, oil and cars. Plus we hear about why Germans take more sick leave than most - and hear about a iconic gaming franchise - The Sims, which celebrates 25 years.

US President Donald Trump and Canadian prime minister Justin Trudeau reached the deal. Proposed tariffs will be paused for at least 30 days.We hear from the US, Canada and Mexico. What businesses should expect in the future?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

Will Bain hears about a day of turmoil on the international stock and currency markets, after U.S. President Donald Trump imposed 25% tariffs on all imports from Canada & Mexico at the weekend. Both nations have threatened to retaliate over the move, which will come into effect on Tuesday. In this special edition we hear from the US and Mexico, and get a European response too as fears of an international trade war intensify.

The US president, Donald Trump has confirmed to proceed with threatened tariffs against America's three biggest trade partners from Saturday and would impose a tax of twenty-five percent on imports from Mexico and Canada and ten percent on imports from China. We will look at David, a journalist with our US partner Marketplace, who bought a house just a few months ago and was burnt down by the California firestorms earlier this month, which destroyed at least 16 thousand buildings, and more than 9 thousand of them—mostly homes—were lost in and around the town of Altadena, about a half hour northeast of downtown Los Angeles. And BBC Technology editor, Zoe Kleinman, tested AI and has written a new book that took her about just a minute—and yet the book is out there—has a lot of significance for all artists and creators.

Many companies have left Myanmar since the 2021 military coup. The United Nations says 2025 will test the country’s economic resilience to its limits. We hear from a senior UN official involved in the report. Also, we recap a turbulent week in AI and look ahead to what could be a controversial budget in India. Plus, why are major global business and sports figures investing in a UK cricket league?

Investigators from the US federal agency noted that mid-air collisions like this are rare in the US, and they said it was far too early to speculate on what caused the crash; however, we will look at crowded airspaces and complex issues surrounding airports. Also, economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and strikes. And, shoplifting, shrinkage, the five-finger discount—whatever you call it—stealing from shops is on the rise. Here in the UK, the British Retail Consortium has told the BBC retail crime is "out of control."

Despite Europe's largest economy shrinking again in 2024, Sam Fenwick hears from the boss of toymaker Ravensburger, which is bucking the wider trend. Plus, what does leaving ECOWAS mean for Mali's economy? We ask a former foreign minister. Also, an American business lobbyist gives her take on whether or not President Trump will introduce tariffs on 1 February.

The Federal Reserve has kept interest rates on hold in its first decision of the year, despite sharp criticism from President Trump. Plus, the US tech sector continues to feel the impact of a new budget-friendly Chinese AI app. We hear from the head of the world’s largest semiconductor manufacturing machine maker and the CEO behind the biggest AI chip. And a look at how Ghana navigates the mysteries of cashew nut pricing.

Sam Fenwick takes a peek into AI profits: The Chief Executive and Founder of the Dutch Semiconductor manufacturing giant ASML tells us about its record-breaking year. Iceland's Payment Revolution: why Iceland is rolling out a new online payment system. Can airports spur economic growth? The UK government is optimistic they can. And Ghana's nutty boost: how a humble nut could significantly boost Ghana's economy. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

UK Finance Minister Rachel Reeves is expected to announce major infrastructure projects, with the most significant being a long-debated third runway at London’s Heathrow Airport. The plan has faced decades of planning and environmental hurdles. US aircraft manufacturer Boeing has reported annual losses nearing $12 billion, marking its worst performance in years. And in California, winemakers warn that former President Donald Trump’s proposed deportation of undocumented migrants could devastate their industry.