World Business Report

OPEC+ to raise oil output


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OPEC+ will raise production by 100,000 barrels a day for September, aimed at adding more supplies to an already tight oil market. The BBCs Middle East business correspondent Sameer Hashmi joins us with the latest news on this.
A long list of major companies have revealed their profits and losses results in the last couple of days. Investment Director at AJ Bell Russ Mould talks us through a mixed set of results.
Stephen King has testified against Penguin Random House’s proposed takeover of Simon & Schuster. He says the deal, worth more than two billion dollars, would be, "bad for competition in the industry". Founder and agent of Headwater Literary Management, Laura Zats joins us from Minnesota.
Nancy Pelosi's visit to Taiwan lasted less than 24 hours, but during the short visit the US house speaker reaffirmed support for the democratically elected government in Taipei. China immediately banned imports from several Taiwanese companies producing pastries and other baked goods. Former Taiwan Presidential Office Spokesperson Kolas Yotaka, explains.
(Picture: A fuel pump during a car refueling is seen at a gas station in this illustration photo taken in Poland on July 19, 2022. Picture credit: Getty Images).
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World Business ReportBy BBC World Service

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