The number of jobs created in the United States has been revised down. Not as many people got jobs as expected during the last months of Joe Biden's presidency or the opening period of Donald Trump's return to the White House. It suggests the world's largest economy is weaker than expected, but could it also mean Donald Trump will get his way and the Federal Reserve cuts interest rates? We're joined by the CBC's Takara Small in Toronto, Canada, and Stratagraph's Travis Paterson in Jakarta, Indonesia, to discuss how businesses have been impacted by the increasing use of tariffs by both the US and other governments. Roger Hearing finds out about the impact on the Korean community in the US state of Georgia after the detained Hyundai workers are set to be flown home. Elsewhere, there's a new French prime minister, the fifth in two years, to try to pass a budget. It was promised to be awe-dropping - but what has Apple unveiled at its latest event? And how a high murder rate is threatening tourism on a Caribbean island paradise. Global business news, with live guests and contributions from Asia and the USA.
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Murdoch family seals US$3.3bn succession deal
Rupert Murdoch has bought out three of his children to finally settle a long running family dispute over the future control of his global media business. The US$3.3bn deal sees the media mogul essentially hand his empire to eldest son Lachlan. Andrew Peach is joined by Peter Morici in Maryland, USA, and Nassim Khadem in Melbourne, Australia, with the ramifications still being felt after French MPs ousted prime minister François Bayrou over plans to deal with the country's deficit by cutting public spending.Elsewhere, we hear why Mexico is considering enacting new tariffs on countries they don't have a trade agreement with, including China.And Donald trump's controversial "gold card" visa, offering the super rich permanent residence in the USA for just US$5m.Global business news, with live guests and contributions from Asia and the USA.
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US jobs market weakens further in August
We break down the latest US jobs report, which showed hiring in America stalled last month. We explain what that means for the Federal Reserve which has come under immense pressure from the White House to cut interest rates. Plus: Russia's president Vladimir Putin says he wants to rekindle business relationships with the United States. But does the US president share that view? And will sanctions put a stop to that ambition before it even begins? We talk to a former US diplomat to Moscow for those answers.We're on the ground in the US state of Georgia where immigration agents have arrested nearly 500 people during a raid on a Hyundai battery-production facility. It's the biggest workplace raid of President Donald Trump's second term.Also, McDonald’s is taking a stand on tipping. It says all restaurant workers should get a full minimum wage rather than relying on tips to boost a smaller amount of pay. And we look at a growing list of senior executives who've hidden office romances and lost their jobs because of it.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Trump's Fed nominee faces the senate committee
The US president's pick Stephen Miran is nominated to serve as governor of the central bank. Will he cut interest rates?And, as the US Justice Department launches a criminal investigation into another Fed governor, is Donald Trump closer to controlling the US Central Bank?Also, we talk to a designer and founder of the Very Creative Agency in New York, who's gone viral on social media after hitting the thrift trip jackpot.Is it the end of the illegally streamed sport programmes? We look at the closure of Streameast - the world’s largest illegal sports streaming site.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Indonesia Protests: What's behind the turmoil in the country ?
Nationwide protests sweep Indonesia over police violence and government austerity measures. In the US, artwork once owned by Leonardo DiCaprio and linked to the 1MDB scandal is up for auction.Jamaicans cast votes in parliamentary elections. We examines some of the key issues facing the electorate.A Chilean drinks company takes up a court case against actor Pedro Pascal over the brand name ‘Pedro Piscal’.In the Ivory Coast, UNESCO adds the making of attiéké, a beloved cassava side dish, to the world’s cultural heritage list.Presenter Roger Hearing is joined throughout the programme by two guests on opposite sides of the world - Katia Dmitrieva is the Asia Economics Correspondent for Bloomberg News and Mike Malone is a Veteran Silicon Valley journalist and host of the Silicon Insider podcast.
New Zealand