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China's industrial profits fall, intensifying economic distress

Annual profits at Chinese industrial firms have seen a double-digit decline

• 26 mins

First broadcast 28/06/2023 21:32 GMT

The latest business and finance news from around the world, on the Ö÷²¥´óÐã.

• 26 mins

Virgin Galactic to launch first commercial flight to space

Virgin Galactic to fly a commercial flight to space for first time

• 26 mins

US Supreme Court rules race can no longer be considered a factor in university admission

The landmark ruling upends decades-old US policies on so-called affirmative action.

• 26 mins

How might the IMF deal help Pakistan’s economy?

Pakistan strikes $3bn deal with IMF but how will this help its recovery?

• 26 mins

US Supreme Court strikes down student loan forgiveness plan

The US Supreme Court has struck down President Biden's proposal to wipe out student debt.

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The role of the US-China relationship in the global economy

Could relations between the world's two largest economies improve?

• 26 mins

EU lawmakers look to protect work-from-home rights

The latest business and finance news from around the world, on the Ö÷²¥´óÐã.

• 26 mins

Meta launches new app to rival Twitter

Facebook owner Meta is launching its new app to rival Twitter.

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Is a trade deal between the EU and South America on the horizon?

Members of the Mercosur trade bloc have been meeting in Argentina

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World's hottest day: what does it mean for the global insurance industry?

Monday's global average temperature was found to be the hottest on record.

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Yellen touches down in China

The US treasury secretary arrives ahead of talks with officials in Beijing

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Shell says cutting production is 'dangerous'

The boss of oil giant Shell says cutting production is 'dangerous and irresponsible'.

• 26 mins

Twitter vs Threads

Twitter accuses Meta of being a copycat as the Facebook owner launches a new app.

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Can Janet Yellen help fix US-China relations?

US Treasury Secretary Janet Yellen has arrived in China to help improve relations.

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Billion dollar fine for China's Ant Group

China's Ant Group is hit with a huge fine, but is this the end of the tech crackdown?

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Chinese economic worries deepen

China's latest economic figures are flat, with worries that deflation could be inbound.

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Threads app signs up 100m users in less than a week

Threads social media app has signed up more than 100 million users in less than five days

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Nigeria intercepts tanker with stolen crude oil

An oil tanker carrying stolen crude has been intercepted while heading to Cameroon.

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Microsoft's deal to buy Activision boosted by US judge

A US court boosted Microsoft’s deal to buy Call of Duty maker

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US inflation at slowest rate in more than two years

The rate of price growth in the US dropped to its slowest pace in more than two years.

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IMF approves $3 billion bailout for Pakistan

IMF approves long-awaited $3 billion bailout for Pakistan

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Actors on strike

Tens of thousands of Hollywood actors are preparing to strike.

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Hollywood strikes: actors decide to walk out

Stars leave Oppenheimer premiere as Hollywood actors' strike is called

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The cost of the climate crisis

How quickly are economies moving towards decarbonising their energy networks?

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Profits at US banks boosted by higher rates

JPMorgan Chase, Citigroup and Wells Fargo earn more from loans and other assets

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Russia axes Ukraine grain deal

According to Kremlin, the agreements had reached a "de facto" end

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UPS: The strike that could cost the US billions

Thousands of UPS delivery workers in the US are considering going on strike

• 26 mins

Counting the cost of record heat

Tuesday was the world's hottest day ever, what is the impact on the global economy?

• 26 mins

WTO boss: Ukraine grain deal can still be saved

Ngozi Okonjo-Iweala says she is still confident exports can resume.

• 26 mins