World Business Report

The US and China governments have announced their set to hold trade talks in London on Monday, so has a phone call between the presidents of the World's two largest economies begun the end of their ongoing tariff battle? Elsewhere, we discuss whether the fallout between Donald Trump and Elon Musk will have any dramatic changes to US government's policy, while Andrew Peach speaks to diamond analyst Paul Zimnisky about why the main diamond company in Botswana says it's temporarily halting production. And our correspondent Stephen McDonell reports from China on how the era of the driverless truck may finally have arrived. The latest business and finance news from around the world, on the BBC.

How has something meant to be big and beautiful, has created so much bad blood between he world's richest man, and the President of the world's richest economy?With the US stock markets just open we'll look at the continuing fall out from President Trump's explosive social media bust up with Elon Musk - and what it means for some of Mr Musk's most important companies like the electric car firm Tesla and Space X.Also why is one of Germany's biggest investment funds pulling its investment in one of the world's biggest energy firms? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

Tensions are flaring between Donald Trump and his former adviser Elon Musk, just days after a seemingly cordial Oval Office departure. Plus, the European Union is calling on China to relax its grip on rare earth exports - vital components for everything from electric cars to household appliances. The restrictions have disrupted global supply chains and rattled industries across Europe and the U.S. And as a Japanese company struggles to reconnect with its moon-bound spacecraft, we explore the growing commercial interest in lunar ventures.

As Nintendo launches its brand new Switch 2, we'll ask what the future holds for gaming consoles - as people increasingly stream their games.Before that, David Harper hears how the restrictions on exports of rare earth materials from China are hitting production of items including cars.Plus we've waited so long for sci-fi style deliveries from autonomous drones. Are they now becoming a reality? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

A report by the US Congressional Budget Office in Washington found Wednesday that President Donald Trump’s tax bill adds $2.4 trillion to US debt. Also, Rahul Tandon looks at the impact that hackers are having on some of the world's best-known retailers and other brands – North Face, Cartier and Victoria Secret are the latest companies being targeted. Europe and the United States say progress has been made in their trade talks about the tariffs, but how important is the outcome of these talks to US wine importers? We hear from the president of Cynthia Hurley French Wines, which is based just outside Boston in Massachusetts.

Global stocks hit an all-time peak: does it mean the global markets are really suffering, despite increasing uncertainty about the direction of the American economy?We'll also find out what affect some of President Trump's tariffs are likely to have in the US. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The global steel industry is again braced to be impacted by Donald Trump's implementation of a 50% tariff, which he vowed last week in front of a crowd of steel workers in Pennsylvania. In South Korea, the liberal candidate, Lee Jae-myung, has been confirmed as the clear winner of the presidential election. The Dutch government has collapsed after Geert Wilders withdrew his far-right party from the governing coalition following a row over proposed legislation to restrict migration. However, some business owners say the lack of a functioning government in the Netherlands is affecting their ability to do business because key issues are not being addressed.

Polls have closed in South Korea’s presidential election, where people have been voting to elect a new leader, six months after the former president tried to bring the country under military rule. We look at the economy, the US trade negotiations and speak to local business owner. Also, the world economy is slowing - and the OECD says Donald Trump’s trade tariffs are a big reason why. Meanwhile, the US has set a Wednesday deadline for trade partners to put forward what they're calling "a best offer" on trade terms to avoid future tariffs. What is the response from the EU? We hear from the EU Spokesperson on trade talks.And the UK government is threatening legal action against Russian billionaire Roman Abramovich, over the 3.3 billion dollars raised from the sale of Premier League soccer club Chelsea. What will happen next? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

US President Donald Trump and Chinese President Xi Jinping are expected to hold a phone call to discuss tariffs and trade issues, according to the White House. There's been no confirmation from Beijing. Rahul Tandon hears from Nazak Nikakhtar, a former assistant secretary of state for industry and analysis in the first administration of Donald Trump. In Canada, the Prime Minister is meeting with regional leaders to remove interprovincial trade barriers and making it easier for Canadians to trade with each other. And the South American nation of Paraguay has big ambitions to become a tech and innovation hub.

The heat seems to be back under those trade tensions between the US and China - we'll hear why Beijing has accused the US of “seriously violating” the trade truce between the pair, and look at how it plans to respond in just a moment Also plans to boost internal trading and turbocharge the Canadian economy - that's on the agenda as the country's State leaders meet with the Central Government against perhaps the most difficult economic backdrop Canada has ever faced, in its own trade dispute with the US. And we'll hear how the city of Lagos hopes to persuade commuters out of their cars and onto the water... You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

On the day Elon Musk departs the White House, and his work at DOGE (Department of Government Efficiency), Devina Gupta examines what he has achieved in the role, what his priorities will be at Tesla and Space X, and whether he and President Trump will remain friendsAlso, as the Indian economy grew 7.4% between January and March, beating analyst expectations, we analyse what’s behind the numbers, and amid growing global uncertainties how might this growth continue

e.l.f. Beauty acquires Hailey Bieber’s Rhode in a massive $1bn deal. e.l.f. CEO Tarang Amin joins David Harper to discuss the landmark acquisition and their hopes for the brand’s future.Elsewhere, despite Western sanctions, BBC analysis shows that Russia continues to receive billions of dollars from oil exports. New research suggests that live-streaming piracy could be costing European sports rights holders $28bn. And in Nigeria, the government is cracking down on the spraying of money at parties, which they say is devaluing the currency.

After a federal court ruled US President Donald Trump’s latest tariff levies illegal, his administration have scored a last-minute reprieve. For now, the White House's tariff plan stays in place. But with the legal battle being far from over, we tell you all about the fast changing rules of Trump's trade policy.Elsewhere, we hear why low emission zones in French cities could be banned, and Devina Gupta speaks to Zawadi Mudibo in the Ivory Coast as Africa heralds its new 'super banker'. The latest business and finance news from around the world, on the BBC.

A US federal court has blocked Trump’s “Liberation Day” tariffs, which the Trump administration is appealing. The news comes amid ongoing trade negotiations – so what does this mean for a global trade war? And David Harper asks is this the end of the story?

Nvidia, a huge success in the tech world, reported its latest quarterly earnings. The chipmaker, vying with Apple for the position of the world's richest company, beat expectations despite export controls. Elon Musk, , the billionaire and co-founder and CEO of Tesla, has criticised one of the signature policies of President Donald Trump, marking a break from the US president who he helped to win re-election in 2024. And the meat of brown bears, a protected species in the EU, could soon be available to eat in Slovakia after the populist government approved plans for sale. Roger hears from a food tour guide who tested the meat before.

US banana giant Chiquita has laid off around 5,000 workers following a month-long strike as part of nationwide industrial action. Workers are protesting against new social security laws lowering pensions. In 2023, Panama exported $273m of bananas, making it the 13th largest exporter of bananas in the world. What do the layoffs mean for Panama and the wider banana industry?In Africa, the Economic Community of West African States (ECOWAS) celebrates its 50th anniversary amid recent exits from prominent member states. David Harper looks at the latest market developments from Shein, Temu and Nissan.

Japanese-owned steelmaker Nippon Steel is expected to close its “partnership” with U.S. Steel at $55 per share, as the US media have reported. On Friday, last week, President Donald Trump said that he has cleared the deal. We hear from Chris Kelly, the Mayor of West Mifflin, a steel town in Pennsylvania.Zimbabwe's president, Emmerson Mnangagwa, has signed into law a contentious bill that requires all drivers to buy a car radio licence before a vehicle can legally be on the road.And Rahul Tandon hears how one woman’s quest to buy only US made goods has been surprisingly difficult.

Global fast-fashion retailer, Shein, has been accused of breaking EU law with manipulative sales tactics. We hear from the Director General of the European Consumer Organisation.In Africa, the search for the new president of its top financial institution is almost over. Who could be the new leader for the African Development Bank and what could that mean for the continent?Plus, Will Bain finds out why business leaders are rushing to apply for New Zealand's golden visas.

The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month. They’re often in the headlines. We take an in-depth look at critical minerals, where they're found and why they matter. And Rahul Tandon will look at how Disney's live-action Lilo and Stitch remake beat Tom Cruise at the US box office. Lilo and Stitch, which revisits the 2002 animated family favourite, exceeded expectations with takings of $341m (£252m) around the world.

Two of the world's biggest energy firms are in court fighting over a new oil project that could be worth a trillion dollars.We hear why the International Energy Agency says the worlds is becoming too dependent on just a few countries for critical minerals that power clean energy technologies.Plus, Will Bain finds out why there’s been a five-fold increase in streaming subscriptions in India.