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World Business Report

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World Business Report
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  • US Government shutdown close to becoming the longest in history
    The US government shutdown appears on course to be the longest in history after President Trump made clear he has no plans to negotiate with Democrats over healthcare costs. Leanna Byrne hears from a worker and a food bank in New York. Also, Kimberly-Clark, the company behind Huggies and Kleenex, is buying the maker of Tylenol and Kenvue, in a forty-nine billion dollar deal. Almost ten years after launching its ambitious Vision 2030 plan to diversify away from oil, Saudi Arabia is pouring billions into artificial intelligence and high-tech infrastructure. Presenter: Leanna Byrne Producer: Ahmed Adan Editor: Olie D'Albertanson
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  • Hurricane Melissa set to hurt Jamaican economy hard
    Hurricane Melissa leaves Jamaican economy with a huge trail of damage and a massive repair bill to sort out. Some reports suggest the country could face losses of over $14 billion. Presenter Will Bain hears from people on the ground in the country.We also examine why there has been a huge surge in the Amazon share price at the end of busy week for Wall Street. And are modern TV’s really any better than plasma ones for watching movies? We find out why some experts believe older models are much better for watching films.
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  • Hazelnut supply crisis threatens chocolates like Nutella
    Italian confectionery giant Ferrero, maker of Ferrero Rocher and Nutella, is in a standoff with Turkish hazelnut dealers. Why? Turkey, the world’s largest hazelnut producer, has been hit by poor weather, a bad harvest, and pest infestations, sending prices soaring.In Jamaica, a catastrophe bond will release millions to help the country rebuild after Hurricane Melissa.Meanwhile, who is Nvidia, the world’s most valuable company, selling AI chips now?And with pumpkins, costumes, and candy, billions are spent worldwide each Halloween, boosting economies everywhere.Presenter: Leanna Byrne Producer/Editor: Niamh McDermott
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  • China and US agree closer ties after trade talks
    The US President Donald Trump believes a trade deal could be signed "pretty soon", after holding talks with President Xi Jinping of China. Presenter Andrew Peach hears from US farmers after China agrees to buy soyabeans from the US. Can Canada really become an energy superpower? We hear how it is pitching energy exports to the South East Asian market. And major record labels like the Universal Music Group are set to work with an artificial intelligence platform Udio, after settling a copyright dispute.
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  • Are we close to a US-China trade deal?
    After what President Trump calls an “amazing” meeting in South Korea, the US and China strike a trade truce. But is it really a full deal? We break down what’s behind the tariff talks. In South Africa, millions of dollars are being pumped into tackling its chronic youth unemployment problem. And as the US shutdown continues, airlines are losing millions of dollars a day. We hear from the CEO of Delta Air Lines.Presenter: Leanna Byrne Producer: Niamh Mc Dermott Editor: Stephen Ryan
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