Big Boss Interview

Vivienne Nunis is joined by Chief Executive Officer at Risk Cooperative Andres Franzetti and Member of the World Economic Forum’s Expert Network, Yoko Ishikura.

The Federal Reserve said it would increase its key interest rate by three quarters of a percentage point to a range of 1.5% to 1.75%. We’re joined by two business owners in Georgia and California to get their reaction to the announcement. We find out what it means for the global economy. Yoko Ishikura talks about the impact on Japan’s economy. Vintage kimonos - once passed down through generations – are finding a new home at second-hand markets – Yoko tells us more.

Vladimir Putin and his Chinese counterpart, Xi Jinping, have agreed to deepen their strategic cooperation, in what's reported to be their second phone conversation since Russia's invasion of Ukraine. Chief Executive Officer at Risk Cooperative Andres Franzetti shares his thoughts on how Washington might view this. And, after 27 years, Microsoft is retiring Internet Explorer for good.

(Picture: Flags fly above the Federal Reserve building in Washington, DC, U.S., August 22, 2018. Picture Credit: REUTERS/Chris Wattie/File Photo)

We're talking all about the different crises gripping global energy markets in this programme. First, an incident at an LNG facility in Texas has caused uncertainty over global supplies, with futures prices plummeting. It could be months before the plant is back online. Europe - which is already dealing with reduced supplies from Russia - now faces a shortage. In Sri Lanka, the fuel crisis continues, as people are asked to work a four day week. With the whole world seemingly facing supply disruption, President Joe Biden has announced he'll visit Saudi Arabia. We'll also visit Denmark and Tanzania, where innovative solutions are being found to keep energy flowing. To discuss these issues, Sam Fenwick is joined by Marketplace's Andy Uhler in Texas, and Sharon Brettkelly from the Detail podcast on Radio New Zealand. We'll also hear from the Sri Lankan political writer Asanga Abeyagoonasekera. Elsewhere in the programme, further fears about a decaying tanker in the Red Sea off Yemen. The UN's David Gressly tells us why it matters. Sticking with supply issues, women's sanitary products are getting harder to access in the US. We'll hear about that from Dana Cohen from California manufacturer Cora. (Picture: a gas terminal burns in Poland; Credit: Getty Images).

The travel industry continues its path to normality with Japan reopening its doors to international travellers after two years and the US dropping Covid-19 test requirements for airline passengers. We hear more from Yukari Sakamoto, who takes tourists on tours of food markets in Tokyo.

Inflation in the US rose to 8.6% in May, the highest rate since 1981. Food and energy prices led the rally with double-digit rises, but increases continue to spread throughout the economy. We talk to a consumer and a business owner in different parts of the country about how they are being affected by soaring prices.

We hear from former US ambassador Norman Eisen about the congressional committee investigating the attacks on the US Capitol in 2021. It could lead to prosecutions and new laws to strengthen election security.

Plus, young people who've made a million before they were 30 explain how they did it as part of our Business Daily series Million By 30.

Sam Fenwick is joined along the programme by Maggie McGrath, editor of Forbes Women in New York, and Sinead Mangan, a broadcaster with ABC in Australia.

(Picture: A board displaying flight arrivals at an international flights terminal in Tokyo in June. Picture credit: EPA)

The vehicle safety regulator in the United States has upgraded its investigation into Tesla's autopilot feature after more than a dozen of them crashed into parked first-responder vehicles in four years. Our North of America Business Correspondent Michelle Fleury tells us more about the probe.

Japan's inflation rate is rising but nowhere near the historic records other countries are registering. However, being used to decades of stable and falling prices, Japanese shoppers are now in shock to see them increase. The BBC's Mariko Oi reports from Tokyo.

We also hear from tour guide Dai Miyamoto about the conditions Japan has set for international travellers, who are now welcome again after two years of border restrictions.

Countries around the world are trying to move towards more renewable energy like that produced by wind and solar. But storage is a big challenge that still needs to be tackled. The BBC's Hannah Bewley talks to some of the people looking for solutions.

Rahul Tandon is joined along the programme by Tony Nash, Chief Economist at Complete Intelligence in Texas, and Jyoti Malhotra, Senior Consulting Editor at The Print in New Delhi, to talk about this and other business news.

(Picture: Model Y cars during the opening ceremony of Tesla Gigafactory for electric cars in Gruenheide, Germany, in March. Picture credit: Reuters)

Negotiations in Turkey to lift the Russian blockade on Ukrainian ports and allow millions of tonnes of grain to reach poor countries have reached a stalemate. The war threatens to unleash an unprecedented wave of hunger and destitution around the world, says UN Secretary-General Antonio Guterres. In the Horn of Africa, people in rural areas are on the brink of starvation, as Hassan Khannenje, director of Horn International Institute for Strategic Studies, tells us.

The EU has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards. We hear more from Lara Wolters, a Dutch socialist member of the European Parliament, who led negotiations on the change.

India has increased interest rates for the second time this year. We discuss this with business journalist Sushma Ramachandran and Paramount Cables Group's Sanjay Aggarawal.

A TikTok executive has stepped back after claims that he participated in an aggressive work culture. We hear from Financial Times reporter Cristina Criddle about the allegations.

Walmart heir Rob Walton and his family have won the bidding to buy NFL's Denver Broncos. The Walton-Penner family is reported to have made a bid worth 4.65 billion dollars. Sports Business Journal's Ben Fischer explains the details.

Sam Fenwick is joined throughout the programme by Takara Small, technology reporter for CBC in Toronto Canada, and Rachel Pupazzoni, national business reporter and presenter at ABC News in Perth in Australia, to talk about the most relevant business news of the day.

(Picture: Foreign Ministers of Russia, Sergei Lavrov, and Turkey, Mevlut Cavusoglu. Picture credit: European Pressphoto Agency)

In an exclusive interview, David Malpass, president of the World Bank tell us about the economic challenges facing the world as it recovers from Covid-19 and how the war in Ukraine is hitting developing countries. We also hear from Branson Skinner, from the Or Foundation, on how Ghana is encouraging recycling of used clothes in a difficult environment. We also hear about how Indians are coping with a series of punishing heatwaves and how they plan to hit ambitious climate targets. And, as Australia tackles rising food prices, we talk to the BBC's Shaimaa Khalil, about the curious decision made by KFC Australia to swap out lettuce for cabbage. Joining us throughout is Alaezi Akpuru, a Nigerian fashion business owner and Dante Disparte, Chief Strategy Office at Circle.

(Picture: World Bank Group President David Malpass. Picture credit: Samuel Corum/Getty Images)

The British Prime Minister has won a confidence vote, but now faces a sizeable rebellion from over 100 MPs within his party, leading to questions about his future. We'll be unravelling how the news is being received in North America with Hayley Woodin, executive editor of the business magazine Business in Vancouver. As Beijing is starting to re-open after months of lockdown, we'll be speaking to James Bayger, who covers the Chinese economy for Bloomberg, to find out what it could mean for Chinese people. And as Apple makes a number of big changes to it's new operating system, we'll hear from freelance reporter Io Dodds in Silicon Valley on why the tech giant is bringing in a buy now pay later function.

(Picture: British Prime Minister Boris Johnson. Picture credit: Aaron Chown - WPA Pool/Getty Images)

Mixed signals are coming from the US labour market. While employment figures grew more than expected in May, the tech sector has started to step on the brakes in fear of a recession. Tesla's CEO Elon Musk has warned that the electric carmaker needs to cut about 10% of its staff, saying he has a "super bad feeling" about the economy. We ask Chris Low, financial analyst at FHN Financial what this means for the economy.

It's been 100 days since the start of the war in Ukraine, and African nations among the countries that are suffering the most from food shortages and rising prices. The head of the African Union, Macky Sall, has been in Russia to urge President Vladimir Putin to facilitate the export of Ukrainian cereals. The BBC's correspondent in Nigeria Ishaq Khalid has been following the meeting.

Turkey has seen inflation rise to more than 73%, the fastest rate in 24 years. The decreasing value of the Turkish currency, the lira, and an unorthodox economic policy is fuelling price increases, according to experts. We hear more from Erinc Yeldan, a professor of Economics at Kadir Has University in Istanbul.

The UK is marking the Platinum Jubilee of Queen Elizabeth II with a four day weekend. We talk from royal fans in the streets of London and guests from other countries in the Commonwealth about the celebrations there.

Memorial Day in the US this week marked the end of the official Broadway season. It was the first with in-person shows since the pandemic. We hear a special report from our US partners Marketplace.

A lawsuit was lodged at the High Court in London on Friday seeking to recoup millions of pounds lost when a fund managed by the former star stock-picker, Neil Woodford, collapsed. Daniel Kerrigan, one of the lawyers bringing the case, explains why the litigation doesn't target Woodford himself.

Vivienne Nunis is joined by David Kuo, co-founder of The Smart Investor in Singapore, and Stephanie Hare, researcher of technology and politics in London.

Oil-producing countries vow to boost output by 50% in July and August to curb rising prices following the European Union's announcement of a major cut in Russian crude imports. We ask Kaushik Deb, a Senior Research Scholar at the Centre on Global Energy Policy at Columbia University, how effective this initiative can be.

Leaving a tip can be a contentious issue. In India, the government is meeting with leaders from the restaurant industry to discuss whether or not an additional service charge should be automatically added at the end of a meal. We hear the thoughts of a foodie in Mumbai.

A pilot programme in British Columbia, Canada, will decriminalize the possession of small amounts of illicit drugs including cocaine, MDMA and many opioids. The aim is to reduce the record number of overdose deaths, and to stop addicts being marginalised. We hear more from Sheila Malcolmson, British Columbia's Minister of Mental Health.

Many banks are closing branches and expecting customers to do the bulk of their key transactions via the Internet. But does that risk leaving more vulnerable citizens behind in many countries? The BBC's Claire Williamson investigates.

The licensing company that controls the Elvis Presley name and image is ordering wedding chapel operators in Las Vegas to stop using Elvis in their themed ceremonies. Jason Whaley, the president of the Las Vegas Wedding Chamber of Commerce explains what this means for the city.

Ed Butler is joined by Jyoti Malhotra, Editor of National & Strategic Affairs at The Print website in Delhi, and Ralph Silva of the Silva Research Network in Toronto, to discuss these and the other big business stories of the day.