World Business Report

The "supersized" El Niño weather system is hitting the global economy, with cocoa farmers in Ecuador already seeing prices for their products fall.

As the Panama Canal operator limits the number of vessels passing through the waterway, we ask what further trade shocks are to come.

And US basketball team the Los Angeles Clippers has been hit with a record $30 million fine by the National Basketball Association for violating salary rules. What will it mean for the team and for the game?

Photo: Reuters/Enea Lebrun

The LA Clippers have been fined $30 million by the National Basketball Association after an investigation revealed that the club had circumvented salary rules to channel funds to their star player Kawhi Leonard. The fine is the largest in the league’s history - the Clippers said they will appeal against the decision.

Presenter: Bisi Adebayo

US oil giant Chevron says it will expand operations in Venezuela, with plans to invest more than $7 million to double its output there over the next five years.

As Uber leaves the Nigerian market, we'll look at what that means for drivers and passengers who depend on the platform every day.

Plus, the Venice Film Festival has rolled out the red carpet. So why does it feel a little less glamorous this year?

Photo: EPA/Shutterstock

A controversial oil deal gives the United States control of more than a fifth of Venezuela’s reserves.

Escalating conflict in the Gulf is pushing oil prices ever higher. We explore the connection between energy prices and government borrowing to find out why falling bond prices across the world matter to jobs and inflation.

(Picture: A passerby walks past a screen showing the yield on the 10-year Japanese government bond in Tokyo, Japan, 31 August 2026. Credit: Franck Robichon,EPA/Shutterstock)

Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant. China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer.

In the 15 years since he's been charge at Apple, Tim Cook has turned the consumer tech company into a multi-trillion dollar success. What does new CEO John Ternus need to do to keep Apple on top?

The US and Iran exchange fire for the first time in a month, as an oil tanker reportedly hits mines in the Strait of Hormuz. We look at what the renewed fighting could mean for oil supplies, shipping and the global economy.

Producer: Bisi Adebayo

The head of the US Federal Reserve, Kevin Warsh, says policymakers "have work to do" if they are not confident cost-of-living pressures are easing for Americans.

Policy makers from 10 nations neighbouring the Baltic Sea have been meeting today to discuss hybrid attacks on their countries. Earlier this month Leipzig Airport in Germany was shut after drones targeted planes.

And a group of more than 80 performers have written to the British Prime Minister urging his government to take action over companies using Artificial Intelligence to clone their voices.

In his first speech at Jackson Hole as Federal Reserve Chair, Kevin Warsh said that while inflation data had been better than expected over the summer, it did not suggest the outlook had "meaningfully improved". However, he stressed that his remarks should not be seen as a guide to future interest rate decisions. And more than 80 British actors and voice artists are calling for stronger legal protections against AI-generated copies of their voices.