World Business Report

The US President Donald Trump has announced plans for long-promised tariffs on automotive imports shipped into the United States, and the tariffs will go into effect on 2nd April and will apply to finished cars and trucks that are shipped into the United States. Also, Maryland is marking one year since a cargo ship crashed into Baltimore's Francis Scott Key Bridge. The owner of the ship agreed to pay 102 million in damages back in September, and now it’s expected that the new bridge will be finished in 2028. And Rahul Tandon discusses Marvel announcement of the production for Avengers: Doomsday, which is underway and appears to have revealed its cast.

The UK announces an extra $2.8 billion to be spent on defence. The announcement was made as part of the UK Chancellors, Rachel Reeve’s, Spring Budget. At least twenty-four people have been killed in the deadliest forest fires in South Korea's history. Tens of thousands of people have been evacuated from their homes. And, In the US judges have blocked Universal Music Group's request to stop the AI company 'Anthropic' from using their song lyrics to train its AI mode

Ukraine's President Zelensky says Russia is "lying" about the terms of their Black Sea ceasefire. Russia, in turn, insists that certain sanctions on banks, insurers, and food exporters must be lifted before the ceasefire takes effect.Can reshoring work in Canada?Plus, why are consumers turning their backs on orange juice? Roger Hearing finds out.

Ukraine and Russia have agreed to a ceasefire on the Black Sea. The White House says Russia and Ukraine have agreed a safe passage for commercial shipping Tesla’s sales in Europe fall despite upswing in electric vehicle market And a cryptocurrency company is planning to roll out mini-power plants to rural villages in Africa in order to bring electricity to create Bitcoin.

President Trump said that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the US. He also said he may give some countries a tariff break.Why has a popular DNA testing firm filed for bankruptcy?Roger Hearing finds out how Chinese electric vehicle company, BYD overtook Tesla.

Anti-Government protests in Turkey have reached levels not seen in more than a decade. How will it affect Turkish economy? Will Russia reach a Black Sea deal? We head to China, where executives from 80 multinationals -- ranging from Apple and Blackstone to Pfizer and FedEx -- are gathered in Beijing. The country is seeking to shore up foreign business confidence. And why are the chart-topping K-Pop group NewJeans not allowed to go on the stage anymore? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

Some forecasts place Africa as the world’s second-fastest-growing region in 2025, trailing only East Asia. But with uncertainty clouding the global economic outlook, Ed Butler explores whether the continent can maintain its growth momentum with Sim Tshabalala, CEO of Standard Bank, Africa's largest commercial lender.Meanwhile, Ethiopia’s parliament has introduced a new tax on workers and businesses aimed at bridging the funding gap left by the suspension of USAID support.And at London's Heathrow Airport, questions are being asked about its resilience, after a fire at a nearby electrical substation forced Europe’s busiest airport to shut down, leaving hundreds of thousands of passengers stranded.

Europe's busiest airport, Heathrow, says it will be closed all day because of a fire at an electrical substation. Thousands of people and global flights have been affected.So how has such a major transport hub failed? Andrew Peach speaks to an expert in emergency planning.

Thousands of people have been forced to work in Chinese-run scam centres in Myanmar, carrying out online fraud targeting victims around the world. Ed Butler explores why these centres exist—and hear the remarkable story of one woman who managed to escape.Also, China imposes a fresh wave of tariffs on Canada.And Russia and Ukraine discuss a potential ceasefire on energy infrastructure—but who will benefit most?

China is imposing tariffs on a variety of Canadian products. It follows Canadas tariffs on Chinese electric vehicles.Andrew Peach finds out how much debt the world is in ?Plus the International Olympic Committee is about to elect a new President. But does the cost of hosting outweigh the benefits?

The US Federal reserve holds interest rates. The rate remains unchanged despite the uncertainty created by tariffs Argentina's economy has shrunk 1.7% in 2024 compared with 2023. We hear from Professor of Economics at Belgrano University, Luis Arguero And how will the second hand clothes marker benefit from tariffs?

Ukraine's power plants have been the subject of missile assaults since the beginning of the war. We ask how has Ukraine’s energy infrastructure survived the war? Germany’s Parliament has passed historic ‘debt backed’ defence spending measures, so the country can borrow far more for weapons and infrastructure. And one of Hollywood’s biggest producers, Village Roadshow, has filed for bankruptcy. The production house was responsible for titles such as ‘The Matrix’ and ‘Ocean’s Eleven’.

Germany’s parliament has approved plans to inject up to €1trillion into the country’s military and infrastructure, in a move that could revive Europe’s largest economy.A Chinese electric vehicle company has developed a new battery that can charge a car in 5 minutes. And Will Bain finds out why soda and a gut healthy prebiotic are teaming up.

The OECD has said Mexico’s economy will shrink due to tariffs imposed by the US. Mexico is now forecast to contract by 1.3% this year and shrink a further 0.6% next year, instead of growing by 1.2% and 1.6% as previously expected. A Peruvian farmer has taken RWE, the German energy giant, to court arguing the company’s greenhouse gas emissions are causing glaciers to melt, increasing the flood risk to his home And consumer protection group in Hong Kong has advised people looking for a new mattress to take an in-store nap before buying

A major global policy forum, the OECD, has predicted that President Trump's trade tariffs will hit world growth and raise inflation. It has more than halved its growth outlook for Canada.Why does China want people to spend more cash? And Will Bain finds out how an Irish religious holiday has so much impact globally.

Gold has surged to a record $3,000 per ounce amid global economic uncertainty. But why do investors turn to gold in turbulent times? And who else benefits—legally or illegally—when prices spike? We hear from Adrian Ash of BullionVault and Julia Yansura from FACT.Meanwhile, Canada’s new prime minister, Mark Carney, a former central banker, faces a tough economic landscape, with U.S. tariffs looming and domestic pressures mounting. We assess his challenges with Fen Hampson, Professor of International Affairs at Carleton University.Plus, as the cleanup continues after one of LA’s worst wildfire disasters, residents are alarmed about where debris is ending up—some near parks and schools. Marketplace’s Caleigh Wells reports from California.

Will Bain discusses the latest efforts to pull Lebanon out of its deepening economic crisis, as the IMF outlines the tough challenges ahead. Also on the programme, the CEO of DHL Express—one of the world’s biggest delivery firms—shares his view on doing business in an era of trade tariffs. And what happens when you let the computer do the driving? The BBC’s Theo Leggett has been finding out.

President Trump has threatened a 200% tariffs on alcohol imported from the EU in response to the EU's plan to impose a 50% tariff on US whiskey Donatella Versace is standing down as creative officer of the luxury fashion label, Versace And the UK's biggest supermarket Tesco has started a trial to give away food which is about to go out of date.

Sam Fenwick takes a closer look at Germany’s changing economic landscape. In an exclusive interview with the BBC, the President of the central bank of Germany outlines how Germany and the EU plan to navigate today’s extraordinary challenges. Plus, Donald Trump has escalated a growing trade dispute, threatening a 200% tariff on EU alcohol imports. And in a record-breaking deal, Abu Dhabi’s state-owned MGX has invested $2 billion in Binance, the world’s largest cryptocurrency exchange. What does this mean for the future of crypto and the region’s role in the digital economy?

The Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. This comes after the EU announced its own tariffs on US goods. President Trump says "whatever they charge us with, we're charging them".So what do EU, Canadian and US businesses think? Rahul Tandon finds out.