World Business Report

US and Taiwan to hold trade talks


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Washington announces negotiations to ease trade barriers with the self-ruled island amid tensions with China. The talks will focus on areas such as e-commerce and agriculture. We hear more from Scott Kennedy, senior advisor in Chinese business & economics at CSIS.
The Trump Organization's former CFO Allen Weisselberg has admitted engineering a 15 year tax-fraud scheme at the company. He will be jailed for five months as part of a plea deal that also commits to testify against his former employer at an upcoming criminal trial. We talk to the BBC's Nada Tawfik and American legal analyst Jill Wine-Banks about the fallout of this settlement.
Pakistan has lifted the ban on the import of non-essential and luxury items as the government seeks a loan arrangement from the IMF. But Finance Minister, Miftah Ismail, has warned that they will be heavily taxed. We ask emerging markets macroeconomist Ammar Khan about the reasons behind this move.
Norwegian bitcoin miner and data centre operator firm Kryptovault is moving its operations north, inside the Arctic Circle, to save on its energy bill. The firm's Kjetil Hove Pettersen explains the decision.
The UK's National Farmers Union is warning consumers that weather conditions suffered this summer will translate into wonky vegetables on supermarket shelves. We talk to Tom Holder from the British Retail Consortium.
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World Business ReportBy BBC World Service

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