Business Matters

The European trade commissioner says the EU will defend its interests in trade talks with the United States. President Trump has threatened the bloc with fifty percent tariffs.Boeing is to avoid prosecution in a deal with the US Justice Department over a number of crashes. The deal includes the company admitting to obstructing federal aviation officials and paying $1.1 billion in fines. Presenter Rahul Tandon examines these stories and also hears how the murder of George Floyd inspired US banks to invest in small black businesses.

Donald Trump blocks Harvard from enrolling International students to root out anti-Americanism and antisemitism on campus. Harvard has called the move unlawful. A Business body in the United States has been giving reaction to Donald Trump's " big beautiful" bill. It contains tax cuts as well as money for defence spending and funds for his deportation programme.Presenter Rahul Tandon also looks at the U.S. Federal Trade Commission decision to drop a case which attempted to block Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard. It has said the case against the long-closed deal was not in the public interest.

A trade talks meeting turned tense at the White House, when President Trump clashed with South Africa’s Cyril Ramaphosa over discredited claims of white genocide in South Africa. We hear from a key voice in the president Ramaphosa's advisory council.It's a big week for cryptocurrency - Bitcoin hit an all time high, the stablecoin legislation advance and President Trump get's ready to host his crypto dinner. And will the US Congress pass Trump's 'Big Beautiful Bill'?In Japan, we hear why the agriculture minister has stepped down after making a joke about rice.

Elon Musk, the US’s largest political donor, plans to cut back on political spending after giving more than $250m on Trump’s 2024 presidential campaign. What will that mean for his businesses like Tesla, X and SpaceX?In the EU, there are plans for a €2 fee on cheap parcels from China, hitting companies like Temu and Shein.Over in Canada, the recently re-elected Liberal government says it won't release a federal budget this year.

The Taiwan Semiconductor Manufacturing Company, which makes advanced microchips, is helping to shape the future of the global economy. It is at the centre of a chip rivalry raging across the world – one of the key subplots of President Trumps trade war.The UK and the EU have reached a new deal setting out post-Brexit relations on areas including fishing rights, trade and defence. We hear from the Irish fishing community, a food exporter in the UK and what a "youth experience scheme" could mean for businesses in France.Andrew Peach is joined by two guests on opposite sides of the world: Jennifer Pak is in Shanghai and Peter Morici in Alexandria, Virginia.

The credit rating agency Moody’s has stripped the United States of its triple-A credit rating, warning investors about rising levels of government debt and a widening budget deficit. The agency has shifted the US rating down one notch to AA1, while changing its outlook from negative to stable. Novo Nordisk, the company that makes the weight loss drugs Ozempic and Wegovy, is abruptly ousting its chief executive, Lars Fruergaard Jørgensen, over concerns the firm is losing ground in the popular weight-loss drug market. Consumer boycotts of countries and companies are on the rise, with the latest being an Indian tourism boycott of Turkey and Azerbaijan. This comes as some Canadians boycott the US, while others refuse to buy from some specific companies over their policies. We will be joined throughout the programme by Rahul Tandon is joined by two guests on opposite sides of the world: Lori Ann Larocco, senior editor at CNBC Business News in the US, and Peter Ryan, ABC's senior business correspondent in Australia.

Walmart is preparing to raise prices in the US as soon as this month, as its own costs increase as a result of the new tariffs on imports imposed by President Donald Trump. And we will look at President Trump saying that India offered to drop all tariffs on US goods, something India swiftly denied. Total airline revenue is expected to top 1 trillion US dollars for the first time ever this year, according to the International Air Transport Association. We will be joined throughout the programme by two guests on opposite sides of the world: Shoeb Kagda, an Indonesian journalist and businessman, and Alison Van Diggelen, host of Fresh Dialogues based in Silicon Valley, the US.

With the conflict in Ukraine continuing to have a huge impact on the global economy, what hopes are there for a ceasefire when Russia's president Vladimir Putin seems unwilling to participate in the peace talks in Turkey?We hear what the lifting of sanctions could mean for Syria's economy, and Rahul Tandon finds out why the challenges caused by US president Donald Trump's tariffs could be a big opportunity for Puerto Rico.Elsewhere, will a new government-led scheme in Argentina be able to change millions of peoples preference for saving money in secret stashes rather than at a bank?Global business news, with live guests and contributions from Asia and the USA.

Sam Fenwick looks at the world's biggest business stories with guests Kimberly Adams in the US and David Kuo in Singapore.They'll find out how AI and arms are at the heart of the flurry of deals being made between the US and Saudi Arabia.Why is car maker Nissan cutting 20,000 jobs?And how British Airways says AI is helping the airline cut delays.

The retaliatory tit-for-tat rise in tariff rates between the US and China has been cancelled, following talks in Switzerland and the so-called "reciprocal" tariff rate of 34% is lowered to 10%. It's a ceasefire on what has become a global trade war as markets are rising again, and container ships can set sail across the Pacific.But economically, who benefits more from this short-term ceasefire—Washington or Beijing?Britain's Prime Minister, Sir Keir Starmer has promised the government's new immigration measures will mean net migration falls "significantly" over the next four years.Keir Starmer unveiled plans to ban recruitment of care workers from overseas, tighten access to skilled worker visas and raise the costs to employers in an effort to curb near record net migration.