World Business Report

by BBC · · · · 160 subscribers

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

The media giant has beaten expectations at a difficult time for on-demand services.
Inflation in the US eased in July after a drop in petrol prices
US President Joe Biden has launched a $280bn boost for the semiconductor industry.
As Sri Lanka's economic crisis continues, a 75% increase in power tariffs is confirmed.
The Inflation Reduction Act promises to tackle some major global challenges.
Motorists in Bangladesh have been protesting against soaring diesel and petrol prices
Greece accuses Iran of piracy after the seizure of two of its ships.
The Italian energy giant ENI has signed a deal with Algeria's Sonatrach to buy more gas
US Secretary of State Antony Blinken says China could disrupt the international order
The UK is to impose a 25% levy on energy company profits to fund payments to households
US Vice President Kamala Harris vows to stand up to the gun lobby
Drugs giant Pfizer will offer its products to low-income countries on a non- profit basis.
The commodities giant Glencore has agreed to plead guilty to corruption charges.
The EU Commission president Ursula von der Leyen warned of a possible global food crisis
Ukraine's president says fixing the damage inflicted by Russia exceeds $500 billion.
War in Ukraine has prompted calls for a Marshall-style plan to help rebuild the country.
Australia's Labour party hopes to end nine years of conservative rule
Canada will block two of China's biggest telecom equipment firms from its 5G networks
The US accuses Russia of using food as a weapon of war.
Investors are worried about possible recession after steep Wall Street falls on Wednesday