World Business Report
Spela

Update: American Airlines 19,000 jobs 'could' go

World Business Report

00:00

Update: American Airlines 19,000 jobs 'could' go

World Business Report

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

Podcast Player Enhancement

Have you been having issues playing a podcast on a your mobile device? This has been fixed. You can now start listening to a podcast with confidence and it will continue playing even after switching apps, or locking your phone.

World Business Report

19,000 jobs at American Airlines could be at risk without US assistance for the airline. Plus, we hear about the day's losers and movers on the US stock market with Joe Saluzzi at Themis Trading in New Jersey.

Published

Play Episode

Related episodes World Business Report

World Business Report

Facebook blocks Thai access to group critical of monarchy
(NaN)
Facebook has blocked access in Thailand to a million-member group discussing the monarchy, called Royalist Marketplace, after the Thai government threatened legal action. We speak to the group's founder, Pavin Chachavalpongpun, an academic living in exile in Japan. Dr Stefan Theil, who looks at freedom of expression and social media at Oxford University tells us Facebook was in a difficult position. UK companies are to be banned from using products from deforested land, under plans drawn up by the British g...

en

World Business Report

Rio Tinto bosses lose bonuses over destroyed Aboriginal caves
(NaN)
Mining giant Rio Tinto has cut the bonuses of three executives over the destruction of two ancient caves in Australia. But is it enough? We ask James Fitzgerald from the Australasian Centre for Corporate Responsibility. And are mining companies in general improving their record on the environment and the safety for workers? A question for Tom Butler, chief executive of the International Council on Mining and Metals. Also on the show, we look a the impact of the coronavirus pandemic on Bali tourism. And Eliz...

en

World Business Report

All eyes on the economy as the Republicans head into pre-election convention
(NaN)
The governing US Republican party will hold its pre-election event this week. We speak to Steve Hanke, professor of applied economics at Johns Hopkins University in Baltimore about the economic policies of the party. Portugal is open to British tourists once again after the UK government removed it from its quarantine list - but is it enough to save struggling tourist businesses there? Ryan Opaz runs a tour company in Porto. And who will buy TikTok in the US? Several companies have expressed their interest,...

en

World Business Report

Turkey announces record gas find
(NaN)
Turkey's President Erdogan has announced the country's biggest ever natural gas discovery. Gulmira Rzayeva of the Oxford Institute for Energy Studies tells us about the significance of the find. And we consider why international investors have been deserting Turkey recently, and whether this discovery might persuade them to return, with Sinan Ulgen, chairman of the Edam Centre for Economics and Foreign Policy Studies in Istanbul. Also in the programme, as Europe ramps up plans to make more electric cars, we...

en

World Business Report

Update: Lyft wins case to continue in California
(NaN)
The ride-hailing app Lyft has won a state case against it, allowing continued operation in the state of California. Ravens are flying away from the famous Tower of London, triggering many businesses to revisit the superstitious beliefs they hold about the birds. Plus, we look at the day's biggest movers and losers on the stock markets with Dr. Cary Leahey from Decision Economics in the US...

en

World Business Report

Washington asks UN to reimpose Iran sanctions
(NaN)
The US is asking the United Nations to reimpose international sanctions on Iran. Jamal Abdi is the president of the National American Iranian Council, which represents people of Iranian heritage living in the US, and tells us what impact the lifting of UN sanctions on Iran more than four years ago has had on the country and its people. And we get the perspective of Amir Nikkhah, chief executive of an Iranian export management company called IranMedium. Also in the programme, international sanctions have als...

en

World Business Report

Brexit negotiations resume in Brussels
(NaN)
The UK says it hopes a post-Brexit trade deal can be struck during September. The BBC's Nick Beake in Brussels explains the areas of contention that negotiators from both sides are still working on. And Adam Marshall, head of the British Chambers of Commerce tells us what UK companies hope to see in any possible deal. Also in the programme, as protests and strikes continue in Belarus following a contested election, we consider the future of the country's economy. The BBC's Samira Hussein reports from New Yo...

en

World Business Report

Update: S&P Index soars
(NaN)
The Standard & Poor's index soars as stock markets reacts to investor confidence, says stock expert Joe Saluzzi of Themis Trading in New Jersey. Plus, we speak with reporter Anne-Elisabeth Moutet about France's new rules to impose mask-wearing in offices. And we hear about why the world's biggest retailer, Walmart, has seen sales surge once again....

en

World Business Report

Belarus potash workers down tools
(NaN)
Six potash mines run by the state-owned Belaruskali company have stopped their operations. Henry Sanderson is metals and mining correspondent for the Financial Times, and discusses the financial implications of ongoing industrial action for Belarus's government revenues, as well as the impact it could have on global fertiliser supply. Also in the programme, in the latest round of escalating trade tensions, China is investigating whether Australia's wine producers are dumping their goods on the Chinese marke...

en

World Business Report

Google says Australian law could threaten search
(NaN)
Google has attacked an Australian proposal to force technology giants to pay news outlets. Jordan Hayne is a political reporter with ABC in Canberra, and explains the rationale for the so-called News Media Bargaining Code. And Belinda Barnet, senior lecturer in media at Swinburne University of Technology in Melbourne tells us how the proposed law would impact search giants like Google as well as news organisations, if it goes ahead. Also in the programme, the BBC's Tamasin Ford considers the impact of the c...

en

World Business Report

Belarus sees biggest protest rally yet
(NaN)
Mass protests continue in Belarus over disputed elections but President Lukashenko remains defiant and Russia offers assistance. We hear from Olga Dryndova who is editor of Belarus Analysen, at the University of Bremen, about why the majority of the population is turning against their leader, and the BBC's Kateryna Khinkulova sums up the best case scenario for Russia. Economist Michael Hughes discusses the end of the first half year in corporate earnings and we hear from Peter Bowes on the US Democratic Con...

en

World Business Report

Oil tanker pollution threatens Mauritius
(NaN)
An oil spill off Mauritius threatens one of the world's most biodiverse marine ecosystems. Happy Khambule is Greenpeace Africa's Climate and Energy Campaign Manager, and discusses the implications. Bloomberg's oil analyst Julian Lee explains why the MV Wakashio was so close to Mauritius in the first place. And Navin Ramgoolam, current opposition leader and former prime minister of Mauritius gives us his reaction. Also in the programme, the chief executive of food delivery service Just Eat, Jitse Groen, tell...

en

World Business Report

Update: US Index reaching highs again
(NaN)
The Standard & Poor's index is reaching highs it hasn't seen for weeks, as investor confidence bounces. We hear from Ivan Feinseth from Tigress Financial Intelligence in the US about the latest. Plus, we hear why 'mansplaining' remains such a problem in the workplace, with Nicole Tersigni, author of 'Men to Avoid in Art and Life'....

en

World Business Report

US holds off on tariff hike in EU Airbus fight
(NaN)
The US will keep tariffs on $7.5bn worth of items including French cheese and whiskies. Giorgio Leali is trade reporter for Politico Europe, and has been following the dispute. And Alice O'Donovan is from Eucolait, which represents many of Europe's dairy companies, and describes the impact on Irish butter producers. Also in the programme, tourism businesses have written to the leaders of the G7 largest industrialised economies to ask for international co-operation to save the industry. Tom Jenkins is from t...

en

World Business Report

Update: UK recession
(NaN)
We hear from economist Lee Hopley about the intricacies of the UK's new recession. Plus, the US stock markets are rounded up for us by Susan Schmidt of Aviva Investors, plus we look at the death of Sumner Redstone, media mogul....

en

World Business Report

UK in recession for first time in 11 years
(NaN)
The UK has suffered its biggest slump on record, under "unprecedented" conditions. We find out how business is going from Sarah Davis, director of a wedding venue, and Rob Brown, managing director of a company exporting specialist industrial lubricants to more than 90 countries. And we get wider context from Simon French, chief economist at Panmure Gordon. Also in the programme, millions of Americans face loss of benefits and eviction, after Congress failed to extend the CARES Act. The economic and human re...

en

World Business Report

Belarus's economic woes
(NaN)
Protests after a disputed election in Belarus come against a backdrop of economic woes. An opposition news website claims a general strike has started in protest at the election result, and Katsiaryna Shmatsina of the Belarusian Institute for Strategic Studies tells us if she's seen any evidence of such a strike in Minsk today. And we find out how the country's economy has developed since the fall of the Soviet Union, from Chris Weafer, chief executive of the economic consultancy Macro Advisory. Also in the...

en

World Business Report

Update: McDonald's sues former boss over alleged employee relationships
(NaN)
The fast food chain claims Steve Easterbrook had relationships with four staff, and has accused him of lying about them. Mr Easterbrook was fired last year and McDonald's is now trying to recover some of his $40 million pay-off. New York Times reporter David Enrich has been covering the story. Hong Kong tycoon Jimmy Lai was arrested over allegations of collusion with foreign forces. BBC business reporter Andrew Wood is based there, and discusses Mr Lai's businesses and his impact on Hong Kong. And we get wi...

en

World Business Report

Media tycoon Lai arrested under HK security law
(NaN)
Hong Kong tycoon Jimmy Lai was arrested over allegations of collusion with foreign forces. BBC business reporter Andrew Wood is based there, and discusses Mr Lai's businesses and his impact on Hong Kong. And we get wider context from Allan Zeman, Chairman of the Lan Kwai Fong Group and an economic adviser to the city's leader Carrie Lam, who has known Jimmy Lai for decades. Also in the programme, a thousand tonnes of oil have spilled out of a Japanese-owned ship which ran aground near Mauritius 15 days ago...

en