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
Now playing Next Business UK regulator provisionally approves deal for acquiring Activision Microsoft is clearing the final hurdles in its aim to acquire video gaming giant Activision Blizzard following a restructured $69 billion deal. 22/09/2023
Now playing Next Business Military hand grenade company fined €1.2 million over international cartel The case is the European Commission's first cartel decision in the defence sector. 22/09/2023
Now playing Next Business Cisco buying cybersecurity firm Splunk for $28 billion The Silicon Valley tech giant Cisco will pay $157 per Splunk Inc share. 21/09/2023
Now playing Next Business Turkey pushes interest rates up to highest level since 2003 The central bank said that rocketing inflation was above expectations in the past couple of months and that to combat the trend, more interest rate hikes are likely. 21/09/2023
Now playing Next Business US Federal Reserve stays the course on interest rates The US Federal Reserve has announced that it will maintain its interest rates, as much of Europe raises theirs. 21/09/2023
Now playing Next Business Sweden's central bank ramps up key interest rate over high inflation The moves comes on a busy day of central bank action in Europe, with the UK, Norwegian and Swiss central banks announcing or expected to announce whether they will amend their interest rates. 21/09/2023
Now playing Next Business Norway central bank pushes up interest rate, hinting at another hike in December "Whether additional tightening will be needed depends on economic developments," said Norges Bank governor Ida Wolden Bache. "There will likely be one additional policy rate hike, most probably in December." 21/09/2023
Now playing Next Business Toshiba to come off the stock exchange after consortium takeover Toshiba will delist from the Tokyo Stock Exchange within about a month, ending its more than seven-decade history as a listed company. 21/09/2023
Now playing Next Business Central Bank of Denmark urges caution over economic future Denmark's Nationalbank has called for economic caution with regard to future policy making, also predicting hovering inflation to come. 20/09/2023
Now playing Next Business Housing bubble risk deflates across the world - except in one European city Frankfurt, Munich and Amsterdam are the European cities which have dropped down to a lower risk category. 20/09/2023
Now playing Next Business Denmark's Novo Nordisk and South Africa's Aspen to produce insulin for African patients Last year, the World Health Organization estimated that there are 24 million adults living with diabetes in Africa, saying the number is expected to rise to 55 million by 2045. 20/09/2023
Now playing Next Business French Apple Stores call for strike on iPhone 15 launch day Unions say they expect customers to feel a "trickle-down effect" of the strikes, as Apple prepares to launch its new iPhone 15. 20/09/2023
Now playing Next Culture news The French court of auditors calls for reform of film subsidies Too many films? One of the French Court of Auditors' recommendations is likely to be controversial... 20/09/2023
Now playing Next Business UK sees surprise fall in inflation The decline was a surprise as most analysts had expected inflation in the UK to rise to 7%, but the new figure is still way above the Bank of England's target of 2%. 20/09/2023
Now playing Next Business US-Venezuela relations at a tipping point: investors bet on possible sanctions relief Bonds in the South American nation of Venezuela are rising in value as rumours circulate about a possible rapprochement between Washington and Caracas. The US has shown its willingness to move, but will President Nicolás Maduro make concessions ahead of next year’s election? 19/09/2023
Now playing Next Business Eurozone inflation revised down to 5.2% in August Despite the decrease, inflation still remains far above the European Central Bank's 2% objective. 19/09/2023