World Business News on KTTZ-HD2

The latest business and finance news from around the world, from the BBC.


  • Friday, February 5, 2016 7:23pm
    US employers added a shade over 150,000 jobs in January - but the number was further evidence of a deceleration after months of impressive gains. The spin on Twitter from the US Labor Department was that the US economy has now seen 71 consecutive months of private sector job growth. And the administration is also pointing to another tiny drop in the unemployment rate - down to 4.9 per cent, the lowest rate since February 2008. Economist Diane Swonk gives her view from Chicago. Carnival in Brazil is usually a four-day celebration - a time to get out in the street, make a lot of noise, maybe have a small glass of something fortifying. But it's also a time of recession, double-digit inflation and high unemployment - so while places like Rio de Janeiro and Sao Paulo are still planning de luxe parades, dozens of smaller cities have cancelled carnival. Daniel Gallas reports from Cabo Frio, a beach town close to Rio, one of the many places where carnival is taking a break this year. The most expensive Ferrari ever is up for auction in Paris, and is expected to sell for around €30m. Our reporter Theo Leggett explains why the car is so sought after. And there's our regular round up of the week's news, with John Authers, senior investment correspondent at the FT in New York, and Anne Bagamery, Senior Editor at the International New York Times in Paris.
  • Thursday, February 4, 2016 5:19pm
    Cary Leahy from Decision Economics talks about another volatile day on the US markets
  • Thursday, February 4, 2016 12:19pm
    It has been described as the worst humanitarian crisis since World War Two. And today billions of dollars were pledged to help people displaced by the war in Syria, on the first day of an international donor conference in London. The BBC's Joshua Thorpe reports from the event, while Chris Doyle from the Council for Arab-British Understanding argues that simply throwing money at the crisis won't solve it. Modern Baku has been built on oil money - Azerbaijan's capital boasts high rise luxury hotels overlooking the Caspian Sea, and designer boutiques lined up along the grand avenues. But behind the show of wealth - Baku is now really feeling the pinch. The BBC's Elnara Mammodova reports. We also hear from the environmental campaigner George Monbiot, on how we might limit flooding as the effects of climate change worsen. And we talk to the director of a surprise Oscar nominee: a German-French co-production of a film directed by an Israeli Arab, about an encounter between Palestinian nuns and Israeli settlers.
  • Wednesday, February 3, 2016 5:21pm
    ChemChina in $43 billion Syngenta takeover bid; Douglas McIntyre of 24/7 Wall Street on the day's trading.
  • Wednesday, February 3, 2016 12:10pm
    The state-controlled national chemicals firm, ChemChina, has offered to buy the Swiss pesticide giant Syngenta. If the forty-three billion dollar deal goes ahead it would be the largest foreign acquisition ever made by a Chinese company. We hear from Tom Mitchell of the Financial Times newspaper in Beijing. Syngenta has several research and production facilities in the US, including Louisiana, North Carolina and Omaha. Anne Salladin, a lawyer at the Washington firm Stroock Stroock & Lavan, tells us how handing control of them over to the Chinese could raise a few eyebrows among lawmakers on Capitol Hill. Also Martin Patience reports from Lagos on how the fall in oil prices has hit Nigeria's economy hard. And we hear from Spain, which has been without a government for the past month. Katy Watson reports from Mexico on what effect the sugar tax has had there, and we find out why the British government is trying to stop Lawrence of Arabia's robe and dagger from leaving the country.