Now playing Next Notes from the USA Singer-songwriter Foy Vance soaks up the sights and sounds of Chicago
Now playing Next Business World’s largest crypto exchange Binance leaves Russia Binance is selling its Russian operations to CommEX marking a significant shift in the crypto landscape. 28/09/2023
Now playing Next Business German inflation falls to its lowest level since start of Ukraine war The inflation rate in Germany is expected to be 4.5% in September 2023. 28/09/2023
Now playing Next Business The German GDP is shrinking by 0.6% this year A new forecast expects the overall German economic output to contract this year, mainly due to a slower-than-expected recovery in the industry and private consumption. 28/09/2023
Now playing Next Business Households lost a record €6.6 trillion across the world in 2022 2022 was a “turning point” for global wealth, says German financial company Allianz in its latest Global Wealth Report. 28/09/2023
Now playing Next Business Tesla could face tariff threat in EU's China EV subsidy probe Tesla, among other electrical vehicle manufacturers, is caught in the crosshairs of the EU’s investigation into anti-subsidy inquiry with China. 28/09/2023
Now playing Next Business China’s Evergrande chairman placed under police surveillance Chairman of China’s Evergrande has been placed under police surveillance as the company faces mounting debt and possible liquidation. 27/09/2023
Now playing Next Business Amazon sued by US government in landmark monopoly case Lawyers will debate whether the online retail giant exploited its market dominance. 27/09/2023
Now playing Next Business Overbooked flights: How airlines make money Almost all flights are overbooked. Overselling tickets is legal, and the industry argues that passengers benefit from that practice. 27/09/2023
Now playing Next Spain Spain fines 'Big Four' consulting firms for 'marathon' working days Employees at Deloitte, PwC, EY and KPMG complained about working up to 16 hours per day. 27/09/2023
Now playing Next Business Billions at stake: Property giant Evergrande is facing new crisis One of the world's biggest debt restructuring plans has been thrown into uncertainty raising fears of a major Chinese property crisis. 26/09/2023
Now playing Next Business Why are Europeans paying more for their iPhones? Apple is known for making products with hefty price tags, and their new range of phones is no different. The recently-launched iPhone 15 Pro Max is selling for an eye-watering $1199 in the US, but how do prices differ in Europe? 26/09/2023
Now playing Next Business Which EU countries have the most job vacancies, and in which roles? Despite a drop in the job vacancy rate, there are still ongoing concerns about a wider labour shortage. 26/09/2023
Now playing Next Business Austerity measures undermine human rights, new report says Austerity measures linked to IMF loans are eroding human rights across the globe, according to a human rights NGO. 25/09/2023
Now playing Next Business Indians have just a few days to return billions in banknotes The country's highest-value banknote will be withdrawn by the end of September - $3 billion worth of which is still in circulation. 25/09/2023
Now playing Next Business Oil prices keep rising, experts foresee $100 a barrel After a short pause last week, oil prices are on the rise again fuelled by Russia's temporary ban. 25/09/2023
Now playing Next Business EU urged to stall post-Brexit tariffs on electric vehicles If put in place, the tariffs could cost EU vehicle makers €4.3 billion over the next three years, according to the ACEA 25/09/2023
Now playing Next Business How Germany lost its reputation as the economic envy of the world The loss of cheap gas from Russia played a part, but decisions in the boom years are now being questioned. 23/09/2023
Now playing Next Business Rugby World Cup: The business of the game Sponsorship, video games, and tickets - what brings the most revenue to rugby and how good an investment is the sport? 23/09/2023
Now playing Next Business German housing prices at record low Residential property prices in Germany have fallen by their steepest decline since data collection began in 2000, with larger cities seeing harsher drops. 22/09/2023
Now playing Next Business US and China launch economic and financial working groups to ease tensions The announcement follows a string of high-ranking US officials' visits to China this year, which sets the stage for a possible meeting between Biden and Xi in November at an Asia-Pacific Economic conference. 22/09/2023
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