World Business Report

World Business Report Podcast

The latest business and finance news from around the world from the BBC

Twitter hides Trump Tweet for ‘glorifying violence’
We hear why Twitter has hidden one of President Trump’s tweets from his timeline. The BBC’s Rob Young talks us through the social network’s argument that the message in question ‘glorified violence’. And we consider the implications for other social networks with Frederike Kaltheuner, technology policy fellow at Mozilla. Also in the programme, the UN has warned that a swarm of locusts ravaging crops in Ethiopia, Kenya and Somalia is classified as dangerous. The BBC’s Michael Kaloki tells us why food securit...

Twitter hides Trump Tweet for ‘glorifying violence’
We hear why Twitter has hidden one of President Trump’s tweets from his timeline. The BBC’s Rob Young talks us through the social network’s argument that the message in question ‘glorified violence’. And we consider the implications for other social networks with Frederike Kaltheuner, technology policy fellow at Mozilla. Also in the programme, the UN has warned that a swarm of locusts ravaging crops in Ethiopia, Kenya and Somalia is classified as dangerous. The BBC’s Michael Kaloki tells us why food securit...

Update: Trump signs order targeting social media
Plans for an executive order come after Twitter fact-checked some of his tweets for containing "potentially misleading misinformation." Plus, we hear what the latest US unemployment figures have done to the stock markets today, from Dr Cary Leahey of Decision Economics in the US....


China MPs back controversial Hong Kong security law
China's parliament backed new legislation many believe will end Hong Kong's unique status. Alvin Cheung is a Hong Kong barrister currently studying at New York University in the United States, and discusses the implications of the proposed law. Also in the programme, Japanese carmaker Nissan has reported its first annual loss in more than a decade, and unveiled a restructuring that will mean the end of production for the firm in Barcelona, Spain. We consider the prospects for Nissan's alliance with Renault ...

China MPs back controversial Hong Kong security law
China's parliament backed new legislation many believe will end Hong Kong's unique status. Alvin Cheung is a Hong Kong barrister currently studying at New York University in the United States, and discusses the implications of the proposed law. Also in the programme, Japanese carmaker Nissan has reported its first annual loss in more than a decade, and unveiled a restructuring that will mean the end of production for the firm in Barcelona, Spain. We consider the prospects for Nissan's alliance with Renault ...

Update: Huawei boss in suprise extradition order
The boss of Huawei is ordered to leave Canada on fraud charges. Plus, we hear the latest on aviation manufacturer Boeing's job loss announcements, from Susan Schmidt of Aviva Investors in the US....


EU proposes €750bn virus recovery package
A €750bn recovery fund has been proposed by the EU Commission to help tackle coronavirus. BBC economics correspondent Andrew Walker talks us through the proposals, how the funds would be allocated and whether they're likely to be approved. And we get reaction from Danish MEP, Niels Fuglsang. Also in the programme, Uganda is starting to lift its Covid-19 restrictions, but with constraints on public transport still in place, and evening curfews meaning people need to get home before they start, the BBC's Ca...

Update: €8bn bailout for French car industry
The French government has announced an €8bn rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron's proposal includes €1bn to provide grants of up to €7,000 to encourage citizens to purchase electric vehicles. We hear more from Karl Brauer, Executive Publisher of Cox Automotive. Plus Joe Saluzzi at Themis Trading in New Jersey brings us the latest from the financial markets in the US....

Coronavirus: Are we on the road to recovery?
In some countries, there are signs the economic recovery from the coronavirus crisis may be starting. As businesses re-open, their owners and consumers say they feel slightly more confident about the future. A key question is what the recovery will look like. Organisations representing 40 million health workers globally are calling for a re-engineering of the economy as it re-opens. One key element which would allow life to get back to normal is the development of a vaccine. Russell Padmore takes stock of ...


Update: Scandal grows for UK adviser who broke lockdown rules he wrote
Dominic Cummings gave a press conference started with a statement – which he said he should have given earlier, and which Boris Johnson had asked him to relay to the public. In it Mr Cummings outlined events that saw him drive his family 260 miles to County Durham....

South Africa to ease lockdown
The president of South Africa has warned that the country's coronavirus outbreak is going to get much worse, while announcing that lockdown measures are to be eased. Cyril Ramaphosa said a third of the country's more than 22,000 cases had been recorded in the last week. Despite that, the president said the current lockdown could not be sustained indefinitely. We look into which businesses will be allowed to operate and under what conditions. Also in the programme, the British government is looking at buyin...

South Africa to ease lockdown
The president of South Africa has warned that the country's coronavirus outbreak is going to get much worse, while announcing that lockdown measures are to be eased. Cyril Ramaphosa said a third of the country's more than 22,000 cases had been recorded in the last week. Despite that, the president said the current lockdown could not be sustained indefinitely. We look into which businesses will be allowed to operate and under what conditions. Also in the programme, the British government is looking at buyin...


Where next for oil?
We take you through everything you need to know about where the oil markets are right now. More trouble could be brewing for Venezuela, where the first of five sanctions-busting Iranian tankers is delivering petrol to South America's most economically ravaged nation. Ellen Wald at the Atlantic Council explains the implications. We also take a look at how the recent oil price turbulence has affected Saudi Arabia's ambitions to steer its economy away from its reliance on oil. Michael Reininger, CEO of Qiddiya...

Where next for oil?
We take you through everything you need to know about where the oil markets are right now. More trouble could be brewing for Venezuela, where the first of five sanctions-busting Iranian tankers is delivering petrol to South America's most economically ravaged nation. Ellen Wald at the Atlantic Council explains the implications. We also take a look at how the recent oil price turbulence has affected Saudi Arabia's ambitions to steer its economy away from its reliance on oil. Michael Reininger, CEO of Qiddiya...

Update: US debt approaching GDP
US debt is expected to equal the country's GDP due to emergency coronavirus spending. This has many analysts worried, but the financial markets seem unperturbed. Chris Low of FHN Financial in New York explains the calm....


Hong Kong market falls over security law concerns
Hong Kong's Hang Seng fell 5.6% amid concerns over a new security law proposed by China. Tara Joseph is president of the American Chamber of Commerce and believes fresh tension over Hong Kong's future could put trade relations between the US and China firmly back in the deep freeze. Also in the programme, with government debt in the United States expected to rise this year to the value of the country's entire GDP, the BBC's Michelle Fleury considers the implications. Following a devastating cyclone which st...

Update: US joblessness at drastic proportions
Nearly 39 million people have applied for unemployment assistance due to coronavirus. Some people are predicting a quick recovery for a lot of those people, but Nicolas Bloom, professor of economics at Stanford University, is far less sanguine about it. Also in the programme, Cary Leahey of Decision Economics in New York explains why market traders seem unconcerned by those jobless numbers....

Can Spain’s tourism sector recover?
As Spain opens up amid coronavirus concerns, we ask when its tourism sector might recover. Beatriz Lorenz is a tour guide on Tenerife, and thinks that tourists may stay away. Diego Barranca runs a holiday rental company in Marbella, and is worried about a proposed 14 day quarantine for visitors from overseas. And journalist Ivan Gelibter gives us his thoughts on the prospects for economic recovery. Also in the programme, as a number of airlines announce plans to take to the skies once more, Professor Joseph...


Update: Expedia posts quarterly loss amid COVID-19
Travel company Expedia has posted a bigger-than-expected quarterly loss amid the travel stoppages linked to the COVID-19 pandemic. The BBC's Zoe Thomas explains what this bodes for global air travel for the rest of the year. Also in the programme, Susan Schmidt of Aviva Investors in Chicago explains why market traders are cautiously optimistic on countries ending their lockdowns, and we'll hear how so many people in home confinement has led to a resurgence in Jigsaw puzzle sales....

Rolls Royce to cut 9,000 jobs amid virus crisis
Plane engine maker Rolls Royce is to axe nearly a fifth of its workforce. The firm’s chief executive Warren East discusses the crisis that has engulfed the aviation sector. And Ben Katz, aviation and aerospace reporter for the Wall Street Journal examines the likely impact of the job losses. Also in the programme, the central bank of Venezuela has launched legal proceedings to try to force the Bank of England to release a billion dollars worth of Venezuelan gold it holds in its vaults, which is being held a...


China imposes tariffs on Australian barley
We ask why China has imposed an 80% tariff on Australian barley imports. Sinead Mangan is a business correspondent from ABC in Australia and discusses a theory that the tariffs may be Chinese retaliation for a call from Australia for an inquiry into the origins of the coronavirus outbreak. And we hear the impact on Australian agriculture from farmer Andrew Weidemann, who is also chairman of Grain Producers Australia. Also in the programme, we look in detail at the consequences for unemployment around the wo...

Update: Uber announces job loss plan
Uber proposes cuts in some of its most ambitious projects. India's famous film industry has moved from the big screen to the small screen, as Amazon streams some of its biggest hits. We speak to Shashi Baliga, film expert, about how long term the move can be. Plus, we get the latest on the stock markets from Susan Schmidt of Aviva Investors in the US....

Italy opens for business
We ask how confident businesses and customers are in Italy as ten weeks of lockdown relax. Cristina Caroli runs a coffee house in Bologna, and tells us what it felt like to be open again. With hotels also allowed to reopen, we discuss the implications of a lack of tourists with Fabio Primerano of the Lombardy Hoteliers Association, who also runs hotels in Milan and Rome. And we consider the economic damage of the crisis with Professor Michele Geraci, who is an economist and was an undersecretary of state in...


Brazil Covid-19 infections overtake previous records
Brazil overtakes both Italy and Spain to become the country with one of the largest number of coronavirus infections in the world. Meanwhile, the island nation of Cuba has recruited its small private sector to be at the forefront of efforts to combat the virus, as the BBC’s Will Grant reports. Canada may be the place to watch as a bellwether for when economies start to recover, as economist Michael Hughes takes us through the unorthodox measurements some are looking to for some positivity. And dentistry has...

Update: Trump outlines plans for coronavirus vaccine
US president Trump has outlined his plans for "Operation Warp Speed", which aims to expedite development of a coronavirus vaccine, as political reporter Erin Delmore explains. And we'll take a look back at a rocky week for US markets, with Chris Low of FHN Financial in New York....

Update: Trump outlines plans for coronavirus vaccine
US president Trump has outlined his plans for "Operation Warp Speed", which aims to expedite development of a coronavirus vaccine, as political reporter Erin Delmore explains. And we'll take a look back at a rocky week for US markets, with Chris Low of FHN Financial in New York....


The coronavirus hit to food supply chains
With a crisis in America's food chain we hear personal stories from across the nation. Many meat processing plants are closed due to coronavirus outbreaks, and Minnesota pig farmer Mike Patterson tells us he has thousands of pigs ready for market, which may end up having to be destroyed. Epidemiologist Tara Smith of Kent State University in Ohio explains why meat processing plants have been so prone to Covid-19. And with President Trump trying to use executive powers to force their reopening, Mark Lauritsen...

Update: Fast food outlets reopening across the US
McDonalds restaurants in the US are issuing pages of guidance to restaurants to ensure customer and staff safety as they open up after the coronavirus lockdown. Heather Haddon of the Wall Street Journal talks us through them. Insurance market Lloyd's of London says coronavirus-related claims could cost the global industry up to $200bn. Also in the programme, the head of the World Trade Organisation announces his early departure and more gloomy job news from the United States. Cary Leahy of Decision Economic...

'Covid-19 is biggest insurance payout since 9/11'
Insurance market Lloyd's of London say coronavirus-related claims could cost up to $4.3bn. It estimates the global insurance industry could face a bill in excess of $200bn from the pandemic, and Ashwin Mistry, chairman of British insurance firm Brokerbility discusses what that might mean for consumers as well as companies like his. Also in the programme, we travel to Chile, where the BBC's Jane Chambers reports on some businesses bucking the impact of lockdown. The BBC's Russell Padmore tells us how members...


Head of US central bank tells Trump to 'spend more' amid pandemic
Jerome Powell, head of the Federal Reserve, says Covid 19 could cause long-term economic damage and that the much hoped for recovery could take longer than expected. We speak to Sarah Bloom-Raskin, former deputy secretary of the US treasury and board member of the Fed, about Powell's comments. And Susan Schmidt of Aviva Investors in Chicago tells us how the markets reacted....

UK facing 'significant recession'
The UK's economy shrank at its fastest pace since 2008 in the first three months of 2020. Russ Mould is investment director at AJ Bell, and puts the latest figures into context. We look at the health of the UK's property sector with Tim Hyatt, head of UK Residential at the estate agents Knight Frank. And Pat McDonagh, chief executive of Clarity Business Travel discusses how his sector has been hit by the coronavirus crisis. Also in the programme, with farming, trucking, aviation and shipping all dramaticall...

Update: US virus expert warns against opening economy too soon
Dr Anthony Fauci, the US's top infectious diseases adviser, told the senate it could have negative consequences for the US if the economy is opened up too soon. We get analysis from Kim Strassel from the Wall Street Journal. And Joe Saluzzi of Themis Trading in New Jersey brings us up to date on what's been happening on Wall Street. Also in the programme, we hear from the only continent which hasn't been affected by the coronavirus - Antarctica. Karin Jansdotter has been at a research base there for the pas...


Saudi budget hit by oil price slide
A falling oil price has led to tax hikes and allowance cuts in Saudi Arabia. The BBC's Middle East business correspondent, Sameer Hashmi, tells us the scale of a drop in profits at state oil giant Saudi Aramco still caught analysts by surprise. And we consider the wider implications of a period of austerity on Saudi citizens with Madawi al-Rasheed, visiting professor at the London School of Economics Middle East Centre. Also in the programme, with massive rescue spending programmes initiated all around the ...

Update: UK outlines further depth to lockdown easing
The British Prime Minister said measures, including encouraging people in England to return to work if safe, were "baby steps". In addition, we talk to Chief Economist Chris Low of FNL about how the US markets performed today....

France eases lockdown
France has eased its national lockdown in a move aimed at trying to restart the economy. Carole Gillorin is a market trader in the Medoc area of France, and tells us she's worried about the health risk of resuming trade this week for the first time in two months. Philippe d'Ornano is chief executive of French cosmetics company Sisley, and president of the French Movement for Mid-sized Companies, and offers a business viewpoint. And we get a wider perspective on the move from Sophie Pedder, Paris bureau chie...


UK Prime Minister unveils 'conditional plan' to reopen society
UK Prime Minister Boris Johnson has unveiled a "conditional plan" to reopen society, allowing people in England to spend more time outdoors from Wednesday. The PM also said people who could not work from home should return to the workplace - but avoid public transport. The BBC's Simon Jack explains what this might mean for workers. Also in the show, we look at two medical projects that have been successfully repurposed to help in the fight against coronavirus. And we'll hear how artists who explore new medi...

Update: Pandemic adds to US jobless figures
More than 20 million Americans lost their jobs in the month of April, pushing the monthly unemployment rate to 14.7%. But because the US Department of Labor misclassified some of those people, in reality the unemployment rate is nearly 20%. We get analysis from Chris Low at FHN Financial....

Record US unemployment sparked by coronavirus
US unemployment hit its highest level since the 1930s as coronavirus struck the economy. Cary Leahey of Decision Economics discusses the likely long-term impact of the loss of more than 20 million jobs in the space of one month. Also in the programme, we examine the rapid uptake of home working, and consider its implications. We hear the experiences of three people around the world who have recently been working from home, and talk to Janet Pogue McLaurin, an expert in workplace design at architects Gensler...


UPDATE: Sri Lankan government asks state employees to donate a salary
The Sri Lankan government has asked its employees to contribute their May monthly salary, to help bail it out in the face of the COVID-19 pandemic. The country has been under lockdown since March 20th, closing all industries, transport and shops apart from some that deliver essential supplies such as food and medicine. Plus, we get an update on the movements on the US markets and the unemployment figures with Cary Leahy....

The promise and potential pitfalls of contact-tracing apps
As contact tracing apps roll out we ask if they will be a way out of coronavirus lockdown. A trial of the UK's contact tracing app is being carried out on the Isle of Wight, and we find out from residents there how they feel about it. Such apps have led some to express concerns about privacy, and we discuss the issue with Lilian Edwards, professor of law, innovation and society at Newcastle University in the UK, who sits on the ethics advisory board for NHSX, which is developing the UK's app. We get an alte...

The promise and potential pitfalls of contact-tracing apps
As contact tracing apps roll out we ask if they will be a way out of coronavirus lockdown. A trial of the UK's contact tracing app is being carried out on the Isle of Wight, and we find out from residents there how they feel about it. Such apps have led some to express concerns about privacy, and we discuss the issue with Lilian Edwards, professor of law, innovation and society at Newcastle University in the UK, who sits on the ethics advisory board for NHSX, which is developing the UK's app. We get an alte...


Update: Florian Schneider of Kraftwerk dies
We remember Florian Schneider of Kraftwerk, who died at the age of 73. Martyn Ware of Heaven 17 and Human League tells us about his memories of the godfather of electronic music and a man who still influences today's artists. Plus, we get the latest from the US markets from Susan Schmidt from Aviva Investors...

Spanish Parliament Debates Lockdown Powers
Spain's parliament has seen a fierce debate over whether to extend lockdown powers. Pilar Velasco is a journalist at the radio network Cadena SER, and explains what's at stake. Also in the programme, we examine the state of India's agriculture sector. The BBC's Nikhil Inamdar and Devina Gupta report on the difficulties farmers face in getting their crops harvested, and a host of other challenges caused by the coronavirus lockdown. Lee Jae-Yong, who runs the South Korean conglomerate Samsung, has apologised ...

Spanish Parliament Debates Lockdown Powers
Spain's parliament has seen a fierce debate over whether to extend lockdown powers. Pilar Velasco is a journalist at the radio network Cadena SER, and explains what's at stake. Also in the programme, we examine the state of India's agriculture sector. The BBC's Nikhil Inamdar and Devina Gupta report on the difficulties farmers face in getting their crops harvested, and a host of other challenges caused by the coronavirus lockdown. Lee Jae-Yong, who runs the South Korean conglomerate Samsung, has apologised ...


Update: Disney takes coronavirus hit
Disney's results are out and the company's said that the pandemic is likely to cost it $1.4 billion between April and June; we hear more from Joan E Solomon, a senior reporter at CNet in the US. Timo Janse co-owner of Amsterdam bar, The Flying Dutchmen tells us about his cocktail delivery service. And Joe Saluzzi brings us the latest from the financial markets....

Update: Disney takes coronavirus hit
Disney's results are out and the company's said that the pandemic is likely to cost it $1.4 billion between April and June; we hear more from Joan E Solomon, a senior reporter at CNet in the US. Timo Janse co-owner of Amsterdam bar, The Flying Dutchmen tells us about his cocktail delivery service. And Joe Saluzzi brings us the latest from the financial markets....

The coronavirus hit to charity fundraising
We find out how the coronavirus pandemic has affected charity fundraising. Rita Chadha is chief executive of the Small Charities Coalition in the UK, representing 14,000 institutions, and explains how its members have been hit. And we find out more from Trudy Nickels, chief executive of healthcare charity the Brompton Foundation, Derek Needham, who manages the Isle of Wight Donkey Sanctuary, and Lorraine Kingsley, chief executive of Toilet Twinning, which aims to improve hygiene and sanitation in some of th...


The coronavirus hit to charity fundraising
We find out how the coronavirus pandemic has affected charity fundraising. Rita Chadha is chief executive of the Small Charities Coalition in the UK, representing 14,000 institutions, and explains how its members have been hit. And we find out more from Trudy Nickels, chief executive of healthcare charity the Brompton Foundation, Derek Needham, who manages the Isle of Wight Donkey Sanctuary, and Lorraine Kingsley, chief executive of Toilet Twinning, which aims to improve hygiene and sanitation in some of th...

Update: Amazon vice-president resigns over firings
A senior manager at Amazon has quit after Amazon fired workers over safety complaints; we get more from Kim Lyons from the Verge website. It's just been announced that the US and UK will formally start trade talks. And Chris Low from FHN Financial brings us the latest from the financial markets....

Update: Amazon vice-president resigns over firings
A senior manager at Amazon has quit after Amazon fired workers over safety complaints; we get more from Kim Lyons from the Verge website. It's just been announced that the US and UK will formally start trade talks. And Chris Low from FHN Financial brings us the latest from the financial markets....


More countries relax lockdown measures
We hear how coronavirus lockdown measures in many countries are starting to be relaxed. Carsten Thamm-Walz is manager of the Udo Walz chain of hair salons in Berlin, and tells us he was relieved to finally re-open. In Nigeria last week President Muhammadu Buihari said lockdown measures had imposed "a very heavy economic cost", but the BBC's Celestina Olulode discusses concerns that the easing of restrictions there could lead to the virus spreading once again, with lack of available testing among concerns. W...

Update: Covid medicine approved for limited use in USA
Remdesivir, a Coronavirus treatment, gets approval for limited use in the US - Wall Street Journal reporter Joseph Walker tells us more about the firm behind it, Gilead, and the US public's attitude to paying for the new drug. The aviation industry continues to receive bad news today - Bjorn Fehrm is an aviation analyst and tells us which airlines are expecting deep cuts for years to come. Plus, why are the stock markets doing surprisingly well, whilst global economy and businesses reel from lockdowns due t...


Airline coronavirus woes deepen
We hear how the aviation sector is one of the worst affected by the coronavirus pandemic. The BBC's Theo Leggett rounds up the latest developments, including news of thousands of job losses at Europe's Ryanair. Also in the programme, we find out how the university sector is facing up to the challenges posed by Covid-19, with Professor Kent Syverud, chancellor of Syracuse University in upstate New York. After several weeks of enforced closure, Dubai has begun re-opening its enormous shopping malls. The BBC's...

Airline coronavirus woes deepen
We hear how the aviation sector is one of the worst affected by the coronavirus pandemic. The BBC's Theo Leggett rounds up the latest developments, including news of thousands of job losses at Europe's Ryanair. Also in the programme, we find out how the university sector is facing up to the challenges posed by Covid-19, with Professor Kent Syverud, chancellor of Syracuse University in upstate New York. After several weeks of enforced closure, Dubai has begun re-opening its enormous shopping malls. The BBC's...

Update: Amazon's profits swallowed by Covid costs
Online retail giant Amazon says its profits for the comings months will be swallowed up by logistics, increased staffing and protective equipment costs related to the Covid-19 crisis, as the firm pays heavily to keep its business in operation throughout. Plus, we look at the effect of coronavirus on Bollywood megastar Rishi Kapoor's funeral in India. And a bleak look at the US stock markets: unemployment is high, Amazon has disappointed, and Tesla's spark from its results didn't last long, as Cary Leahey fr...


Italy emerges from lockdown
Single currency nations have seen a sharp fall in GDP for the first quarter of the year. BBC economics correspondent Andrew Walker breaks down the latest European growth figures. And we take you to Italy where pressure has been building on the government to further loosen its lockdown as soon as possible. Camilla Cocchi owns two children's clothing shops in central Rome and discusses how the picture has changed since her products were deemed essential goods, and the shops were allowed to reopen.Enrico Colom...

Update: US economy shrinks by 1.2% in Q1
The fall is the sharpest contraction since the 2008 financial crisis, according to figures released by the US Bureau of Economic Analysis. We ask Jared Bernstein, former economic adviser to the Obama administration, how much worse the US economy is likely to get in the coming months. Susan Schmidt of Aviva Investors in Chicago tells us about the reaction on Wall Street, and brings us up to date on Facebook's latest earnings announcement....

Half the world's workers may see livelihood destroyed
There's a warning those working informally could be hit particularly hard by coronavirus. Guy Ryder is director general of the International Labour Organisation, and explains his organisation's latest findings. The US economy contracted sharply in the first three months of the year. Our economics correspondent Andrew Walker puts the latest figures into context. The International Monetary Fund has approved a request by Nigeria for emergency financial assistance worth $3.4 billion. The BBC's Ishaq Khalid in A...


Half the world's workers may see livelihood destroyed
There's a warning those working informally could be hit particularly hard by coronavirus. Guy Ryder is director general of the International Labour Organisation, and explains his organisation's latest findings. The US economy contracted sharply in the first three months of the year. Our economics correspondent Andrew Walker puts the latest figures into context. The International Monetary Fund has approved a request by Nigeria for emergency financial assistance worth $3.4 billion. The BBC's Ishaq Khalid in A...

Update: Google's Q1 results beat expectations
Its parent company Alphabet reported 13% growth in revenue in the first three months of 2020, but warned of slowing advertising revenue due to the coronavirus outbreak. We get analysis from Reuters tech correspondent Paresh Dave, and all the latest from Wall Street. France announces some changes to its lockdown restrictions. We get reaction from the streets of Paris, and speak to Viktor Mallet, bureau chief for the Financial Times....

Coronavirus compounds Brazil's challenges
Brazil has been hit by a triple whammy of Covid-19, economic pain and political turmoil. We hear from people in Rio de Janeiro about their concerns around the current situation. Roberta Braga from the Atlantic Council's Latin America Centre says the coronavirus outbreak has hit Brazil particularly hard. Meanwhile Alexandre Sahyoun of the Association of Brazilian Shopping Centres tells us why shopping centres in Brazil want to get back to business as soon as possible. Also in the programme, Michael Kent, chi...


Update: Aeroplane makers see demand fizzle
Aeroplane makers face fallout from the coronavirus and the grounding of Boeing's 737 MAX jet. We explore the companies' plans to survive as their main customers, international airlines, are themselves experiencing a collapse in demand due to Covid-19....

Update: Aeroplane makers see demand fizzle
Aeroplane makers face fallout from the coronavirus and the grounding of Boeing's 737 MAX jet. We explore the companies' plans to survive as their main customers, international airlines, are themselves experiencing a collapse in demand due to Covid-19....

Plane makers face coronavirus challenge
Plane making giants Boeing and Airbus are struggling to manage the effects of coronavirus. Airbus's chief executive Guillaume Faury has warned staff that deep job cuts could be on the way. Meanwhile its American rival Boeing has cancelled a $4 billion deal to join forces with Embraer of Brazil, and has asked staff for voluntary redundancies. The BBC's Theo Leggett brings us the details, and we get wider context from Max Kingsley-Jones, an executive director at the news service Flight Global. Also in the pro...


Plane makers face coronavirus challenge
Plane making giants Boeing and Airbus are struggling to manage the effects of coronavirus. Airbus's chief executive Guillaume Faury has warned staff that deep job cuts could be on the way. Meanwhile its American rival Boeing has cancelled a $4 billion deal to join forces with Embraer of Brazil, and has asked staff for voluntary redundancies. The BBC's Theo Leggett brings us the details, and we get wider context from Max Kingsley-Jones, an executive director at the news service Flight Global. Also in the pro...

Coronavirus: countries looking for 'new normal' in easing lockdowns
Countries around the world are moving ahead with plans to partially emerge from lockdowns imposed to curb the spread of the coronavirus – concerned about the effect the lockdowns are having on their economies. Italy and Spain are easing the lockdowns after a decline in the death toll, while South Africa has announced a partial resumption of daily life beginning on the first of May. Some are calling for more caution, however. A prominent UK epidemiologist has said that lifting the lockdown in that country co...

Update: Tech stocks lift US markets
Tech stocks were the market leaders with the Nasdaq closing nearly 2% higher; we hear from Peter Jankovskis at Oakbrook Investments in Chicago. How has the latest tranche of federal money from the Paycheck Protection Program in the US been received out in the real world? To find out what's been going on in Washington State, we called up Kai Rysdall, host of the Marketplace programme on American Public Media. And Ashwini Deshpande, Professor of Economics at Ashoka University in Haryana tells us about the imp...


The coronavirus hit to musicians
We find out how musicians on three continents are coping with life under lockdown. Zena White is managing director of record company Partisan, based in New York, and tells us her firm's artists are struggling without the ability to perform on the road. In Barcelona three musicians living in an apartment together have been inspired to form a band called Stay Homas and write quarantine-themed songs. We find out more from Guillem Bolto who has been playing percussion for them on upside down bins. And Zimbabwea...

Update: Nearly 4.5 million more Americans are jobless
As nearly 4.5 million more Americans were added to the jobless total, we hear from Cary Leahey from Decision Economics. Plus, Gary Gramling from Sports Illustrated tells us about the NFL draft going virtual....

The economic impact of coronavirus on Ramadan
As Ramadan begins we hear how coronavirus impacts the economy in countries marking it. From Egypt, we get the views of traders in Cairo's famous el-Khalili market. Hesham Safwat is the head of online retailer Jumia Egypt, and explains how people's shopping habits have changed ahead of the holy month this year. And with Ramadan normally a big moment for television advertising each year, TV commercial director Tamer Mahdy discusses how filming has become virtually impossible. Also in the programme, European U...


Update: China tourist screening
The ending of the lockdown in China has encouraged thousands of people to visit some of the country’s best known sites. But on Huang Shjan, or Yellow mountain in Anhui province, the authorities are banning visitors who have been in high risk Covid-19 areas. We hear from the BBC's Kerry Allen. And Susan Schmidt from Aviva Investors in Chicago brings us the latest from the financial markets....

Could coronavirus benefit the environment?
There are calls for a green recovery in the wake of the coronavirus economic slowdown. Jyoti Pande Lavakare is a journalist in Delhi and co-founder of the campaign group Care for Air, and tells us how the air quality has improved there since the city's lockdown began. And Tom Rivett-Carnac, founder of the organisation Global Optimism, discusses whether the environmental benefits of fewer people flying to meetings, and many others working from home, are likely to stay with us for the long term. Meanwhile the...

Update: Netflix beats expectations
Anna Nicolaou, US media correspondent for the Financial Times in New York, tells us about the effect Covid 19 has had on Netflix’s financial performance. We talk oil with Daniel Yergin, author of The Quest: Energy, Security & the Remaking of the Modern World and Joe Saluzzi from Themis Trading in New Jersey brings us the latest from the financial markets...


Coronavirus food security warning
An alliance of agencies say the Covid-19 outbreak could cause widespread food insecurity. Maximo Torero is chief economist of the UN's Food and Agriculture Organisation, and discusses the impact of the pandemic on food security and food supply. We consider the potential vulnerabilities of the globalised way much of our food is produced with Professor Tim Lang of the Centre for Food Policy at City University in London. Neil Stephen of Thorneybank Farm Shop in Scotland discusses the popularity of their produc...

Update: US oil prices turn negative
For the first time in history, producers are paying buyers to take oil off their hands, as fears mount over storage capacity after demand has fallen dramatically. Ellen Wald is the president of Transversal Consulting and explains what's happening. And we hear how investors have reacted from Peter Jankowskis of Oakbrook Investments....

Germany eases Coronavirus restrictions on shops
Europe's biggest economy, Germany, has taken some tentative steps towards normality. Shops up to 800 square metres in size are allowed to reopen, and Philip Frese, who runs a bed and mattress shop in Freiburg, tells us what it's like to be open again. Meanwhile Germany's central bank has said the country is likely to be in a severe recession. We get analysis from Peter Bofinger, professor of economics at Wurzburg University, and a former member of the German Council of Economic Experts. Also in the programm...


Spain to ease lockdown restrictions on children
Children haven't been allowed to leave their homes for more than a month, but will be able to do so from 27 April. Spain's general lockdown, meanwhile, has been extended until 9 May. We speak to our correspondent Guy Hedgecoe in Madrid. In Taiwan, the government is providing special funding for start ups and entrepreneurs affected by the coronavirus pandemic. We ask Cindy Sui what companies there think of the plan. And we hear from British luxury goods firm Thomas Lyte how its unique fuchsia-coloured gowns ...

IMF head: Dire economic forecasts may be too optimistic
The head of the IMF says predictions of huge economic declines may be understatements. Kristalina Georgieva has been speaking to the BBC's Faisal Islam. Also in the programme, we consider a range of scenarios aimed at helping poorer countries manage their burgeoning government debt in the midst of the coronavirus crisis, with Sarah-Jayne Clifton of the Jubilee Debt Campaign, and Mark Perera of the European Network on Debt and Development. One country that has been a bright spot with respect to coronavirus i...

Coronavirus wipes out decade of US jobs growth
More than 20 million Americans have filed for unemployment benefit in the past four weeks. The BBC's Michelle Fleury takes us through the latest figures. Also in the programme, we consider the significance of the growing governmental debt burden as a result of the coronavirus crisis. Dr Ross Levine is professor of banking and finance at UC Berkeley's Haas Business School, and Dr Atif Mian is professor of economics and public policy at Princeton University. Amid concerns that there are not enough workers to ...


Update: G20 delays poor nations' debt payments
Nations belonging to the G20 group of leading economies have agreed to suspend debt payments owed to them by some of the world's poorest countries. The agreement covers money that is due to be paid to G20 governments up to the end of 2020. Eric LeCompte, executive director of Jubilee USA Network says it’s a good start but more needs to be done. Also in the programme, we’ll get a view on the US markets from Susan Schmidt of Aviva Investors....

Moscow introduces digital lockdown permit
Moscow authorities have introduced new digital permits for those wanting to move around. Sergei Goryashko of the BBC Russian service in the city tells us demand has been so high that the website has crashed. Also in the programme, we hear from the Danish capital, Copenhagen, how the government there has started to lift coronavirus restrictions, by allowing children back into primary schools and nurseries from today. The internet retailer Amazon has recruited tens of thousands of extra staff as business boom...

Update: Pakistan extends lockdown
Prime Minister Imran Khan has announced another two-week extension to lockdown following rising coronavirus cases, as the journalist Mehmal Sarfraz reports from within the country. Also in the programme, the BBC's Samira Hussain has spoken with the Chief Economist of the International Monetary Fund about their latest gloomy economic forecast. And we'll have our regular view on the US markets from Joe Saluzzi of Themis Trading in New Jersey....


Update: Pakistan extends lockdown
Prime Minister Imran Khan has announced another two-week extension to lockdown following rising coronavirus cases, as the journalist Mehmal Sarfraz reports from within the country. Also in the programme, the BBC's Samira Hussain has spoken with the Chief Economist of the International Monetary Fund about their latest gloomy economic forecast. And we'll have our regular view on the US markets from Joe Saluzzi of Themis Trading in New Jersey....

India PM announces lockdown extension
India's prime minister said the country will be in lockdown for nearly three more weeks. Following Narendra Modi's announcement, the BBC's Rahul Tandon reports on the plight of the country's poorest in the coronavirus crisis, amid fears many may not survive if they can't get access to vital funding to buy food. And professor Maitreesh Ghatak of the London School of Economics discusses the tradeoffs involved in extending the lockdown. Also in the programme, the International Monetary Fund has forecast that t...