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Over World Business Report
The latest business and finance news from around the world, on the BBC.
X offices raided in France
French prosecutors raided Elon Musk’s X offices in Paris as part of a cybercrime investigation into alleged illegal data extraction and possible links to child pornography. Also, US and India reach trade deal to slash US tariffs on the nation's goods to 18% from 50%. And the European Union has told the BBC it was unacceptable for the US to threaten trade tariffs during its row over the future of Greenland. Presenter: Leanna Byrne Producer: David Cann Editor: Justin Bones
A US–India trade deal: What's in it?
Ed Butler examines the latest trade deal announced between the United States and India and what each side stands to gain. We also look ahead to President Trump’s meeting with Colombia’s president amid rising tensions. And is Latin pop music coming of age in mainstream American culture?
Has gold lost its lustre?
This precious metals rally has been tarnished after a sudden slide in prices. So what does this tell us about metals like gold, known to be the ultimate safe haven. Can we still call it a refuge when things get rocky? Presenter: Leanna Byrne Producer: David Cann Editor: Justin Bones
Trump nominates next US Federal Reserve chair
US President Donald Trump has nominated Kevin Warsh to lead the US central bank, the Federal Reserve, when the four-year-term of current chairman Jerome Powell's ends in May. Rahul Tandon hears from people who worked closely with Warsh. Also, the BBC visits Maracaibo, once the heart of Venezuela's booming oil industry. And silver and gold prices plummet after their recent rise. (Photo: Kevin Warsh, speaking during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo)
President Trump nominates Kevin Warsh as US Fed Chair
The former Federal Reserve governor has deep ties to Wall Street, was previously interviewed for the job in 2017, and has been an outspoken critic of America's central bank. We’ll ask how financial markets have responded to the news. Also, Venezuelan MPs have approved a bill to open up its oil sector to private firms. And, Panama's Supreme Court has voided a Hong-Kong based company's canal port contracts.
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