Business Matters

Thirty three US states have grouped together to file a lawsuit accusing Facebook and Instagram's owner Meta of contributing to a youth mental health crisis for the sake of profit. A suit filed in a federal court in California said Meta had "repeatedly misled the public about the substantial dangers of its Social Media Platforms". Meta said it sought to make young people safe online.(Picture: State Senator Andrew Gounardes speaks as Governor Kathy. Picture credit: Getty Images)

Voters in Argentina will be heading to the voting centres on Sunday to cast their ballot in what is widely regarded as the most unpredictable presidential election since the country returned to democracy 40 years ago.And this comes in the middle of an economic crisis with inflation is at almost 140%. One of the Presidential candidates, Javier Milei is promising to dollarizing the economy and get rid of the local currency, the Peso. Rahul Tandon discusses this and more of the business news from around with Fermin Koop, Argentine freelance journalist on environmental and climate change, and Rebecca Choong Wilkins, Senior Correspondent and China Credit Reporter for Bloomberg who mainly covers China property debt. (Picture: A supporter of Argentina's presidential candidate, poses for a picture during the closing of a campaign in Lomas de Zamora, Buenos Aires province, on October 19, 2023, ahead of Argentina's presidential election to be held on October 22. Photo Credit: JUAN MABROMATA/AFP via Getty Images)

US President Joe Biden has delivered a national primetime address from the White House. The speech has touched on US support for Israel and Ukraine, among other issues of national security. Biden's began his address saying: "We're facing an inflection point in history." Rahul Tandon discusses this and more of the business news from around with Stephanie Hare, a researcher of technology and politics based in London, and Andy Xie who is independent economist in Shanghai and formerly worked for Morgan Stanley & the World Bank. (Picture: US President Joe Biden addresses the nation on the conflict between Israel and Gaza and the Russian invasion of Ukraine from the Oval Office of the White House in Washington, DC, on October 19, 2023. Photo Credit: Jonathan Ernst/POOL/AFP via Getty Images)

International aid agencies are waiting to get full details of the opening of Egyptian border with Gaza for aid delivery to the strip after 10 days war. The US president Joe Biden has announced that Egyptian President Abdel Fattah al-Sisi has agreed to open the Rafah crossing to a handful of trucks loaded with aid destined for the Gaza Strip. We will hear from The International Federation of Red Cross and Red Crescent Societies about they are ready to deliver this aid to the people who need it. (Picture: Aid convoy trucks loaded with supplies are seen near the North Sinai in Egypt on October 15, 2023. The aid convoy, organized by a group of Egyptian NGOs, set off today from Cairo for the Gaza-Egypt border crossing at Rafah. Photo credit: Mahmoud Khaled/Getty Images)

Microsoft has completed its $69bn takeover of Call of Duty-maker Activision Blizzard in the gaming industry's biggest ever deal.Also we will dear about the US healthcare company Kaiser Permanente and its workers have reached a tentative deal, following the largest medical strike on record. More than 75,000 health workers in five US states and Washington DC went on a 72-hour strike for better wages and improved staffing last week.Vivienne Nunis discusses this and more of the business news from around with Takara Small, Toronto-based technology journalist, and Simon Littlewood, President of ACG Global Growth Delivered based in Singapore. (Picture: Microsoft acquires Activision Blizzard. The European Union approved Microsoft's acquisition of Activision Blizzard. Photo credit: CFOTO/Future Publishing via Getty Images)

New Zealanders will be casting their vote on Saturday in the country's general election, 9 months after Jacinda Arden unexpectedly resigned as Prime Minister. They'll be deciding whether to give Labour a third term in office, or flip to a National-led government. We’ll hear from the current finance minister and the deputy leader of the opposition. Ford Motor shares fell after the United Auto Workers (UAW) union expanded its strike at the company's biggest and most profitable factory in Kentucky. The UAW said 8,700 workers walked out of the truck plant in Kentucky, in response to Ford refusing to move further in contract negotiations. Vivienne Nunis discusses this and more of the business news from around with Colin Peacock, the host of MediaWatch at Radio New Zealand and Betsey Stevenson, Professor of public policy and economics at the University of Michigan. (Photo: A voting sign on display outside a polling booth during election day on October 17, 2020 in Wellington, New Zealand. Picture Credit: Getty Imag

Officials at the G20 summit in Delhi say the African Union could become a member. The proposal has been backed by the US and by India, which is hosting the meeting.Roger Hearing discusses this topic and more other stories with Rachel Pupazzoni, Business Reporter at ABC News Australia and Simon Littlewood, Singapore based economics and the President of ACG Global Growth Delivered. (Workers decorate a G20 installation at the International Media Centre (IMC) on the eve of the two-day G20 summit in New Delhi on September 8, 2023. Picture Credit: Getty Images)

World leaders are making their way to Delhi for this weekend's G20 summit. And India is trying hard to present its best face for the visiting dignitaries. But is it trying too hard?The co-working company, WeWork, is looking to renegotiate nearly all of its office leases following a significant decline in its share value since the beginning of the year. The company has 777 locations in 39 countries with long term lease obligations totalling more than $13 billion. Roger Hearing discusses this topics and more other stories with Oliver Stuenkel, associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo, Brazil and Rachel Cartland - author, writer and expert based in Hong Kong. (G20 installation outside Pragati Maidan ahead of the G20 India Summit, on September 7, 2023 in New Delhi, India. Picture Credit: Getty Images)

African leaders have issued a declaration proposing new taxes across the world to fund action against climate change. The United States has announced another billion dollars' worth of aid for Ukraine. It includes a- hundred- and- seventy- five- million dollars in military assistance. Today marks 10 years since Chinese President, Xi Jinping, launched the Belt and Road Initiative on September 7, 2013, proposing new trade routes to create a 'new Silk Road' and widen economic cooperation. What is the impact of this after a decade? Rahul Tandon discusses these topics and more with Alexander Kaufman, Senior Reporter at Huffington Post and Zyma Islam, Journalist at Daily Star in Bangladesh. (A young man getting water from river Shabelle in the city of Gode, Ethiopia, after climate induced drought caused the failure of five rainy seasons, triggering the worst drought in four decades in Ethiopia, Somalia and Kenya. Photo Credit: Getty Images).

Switzerland has outlined a series of measures to combat money laundering and increase transparency in its huge financial sector. They include a register of those who ultimately benefit from trusts and companies - Switzerland is the only European country that doesn't have one.Toymaker Lego saw profits fall in the first half of the year as the bumper sales growth seen during the pandemic starts to fade.Burger King must face a lawsuit that alleges it makes its Whopper burger appear larger on its menus than it is in reality, a US judge has ruled. So what goes into photographing food? Can it be cheated?Roger Hearing discusses these topics and more with Takara Small, technology journalist in Toronto, and Satoshi Shimoda, Senior Staff Writer at Nikkei newspaper, based in Tokyo.(A sign showing "Bank" written at the entrance of the headquarters of Swiss giant banking UBS. Photo Credit: Getty Images)

The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high". Jerome Powell told an annual gathering of central bankers that the pace of price rises had fallen from a peak. The Director of the British Museum is stepping down over the way the institution under his leadership handled a series of thefts that have shaken its reputation. The international leg of Taylor Swift's Eras tour kicked off last night in Mexico City. She is on track to make one billion US dollars from her Eras tour, which would make concert history.(People shop at a Market in New York City. Photo Credit: Michael M. Santiago/Getty Images)

The BRICS group of nations has invited six countries to join them. They are Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the UAE. We look at how some of these countries would benefit from joining this bloc. China suspends all seafood imports from Japan over the release of wastewater from the Fukushima nuclear power plant into the Pacific. Central banks from around the world are gathering in Jackson Hole, Wyoming for the start of the influential three-day economic conference.(The national flags of current BRICS members are displayed at the conference centre in South Africa. Photo Credit: Per-Anders Pettersson/Getty Images)

We look at how US government bonds have become a good source of income for investors. We hear from one businessman in Canada as wildfires spread across his neighbourhood. and we discuss why some of the biggest hotel groups in the world are helping to boost all-inclusive holidays

We discuss Joe Biden plans to boost the US economy through the landmark legislation known as the Inflation Reduction Act. We hear the arguments both for and against its potential to develop green industries in the US.We hear from the man who came up with the term BRICS to describe the economic alliance that binds Brazil, Russia, India and China. The countries came together two decades ago. And Sotherby’s in California is auctioning off twenty vintage Ferraris which came into their possession in a rather bizarre way.

Businesses in South-West of the United States explain how the weather is impacting them. India and Sri Lanka have announced that they will carry out feasibility studies on laying an oil pipeline across the narrow sea strait that divides them.Taylor Swift is the latest big name to take her international tour to Singapore but not Hong Kong.And, we discuss Burberry, the 170 year old high-fashion brand built on its British principles. (A sign warns of extreme heat danger on Death Valley National Park on July 15, 2023, in California. Picture Credit: Getty Images)

Global wheat prices have risen sharply after Russia carried out missile attacks on military infrastructure near grain ports in Ukraine.And the new barbie film is on the way but this is not the only film and TV series we expect from the Mattel franchise. (Picture: TQ Samsun last grain ship off the Black Sea on July 17, 2023 after Russia announced that it withdrew from the Grain Corridor Agreement. Source: Getty Images)

Moscow notified the UN, Turkey and Ukraine on Monday that it would not renew the Black Sea grain initiative, accusing the West of not keeping its side of the bargain. The decision has been condemned by world leaders including the Secretary-General of the United Nations, António Guterres and the US Secretary of State, Antony Blinken. (A farmer holds grains in pictured July 16, 2023. Source: Getty Images)

A US court has given Microsoft the green light to buy the videogame maker Activision Blizzard in a deal worth $69bn. Microsoft said after the US win, it would focus on resolving concerns around competition in the UK. The tech giant's merger with the Call of Duty owner would be the biggest deal of its kind in gaming industry history.Bank of America has been ordered to pay out $150m (£116m) in penalties after it was found to have opened credit cards without customers' permission.(Picture: Call of Duty: Black Ops 4 by Activision. Source: Getty Images)

Threads, the social media app aimed at rivalling Twitter, has signed up more than 100 million users in less than five days. The platform, launched by Instagram-owner Meta, has beaten a record set by Open AI's ChatGPT app.China’s consumer inflation rate was flat in June while factory-gate prices fell further, causing alarms about deflation risks and adding to speculation about potential economic stimulus. Could countries be soon mining the seabed? A meeting of The International Seabed Authority started on Monday to try and hammer out a global code for exactly that.(The Meta logo with an Instagram Threads logo in the background. Source: Getty Images)

The US Secretary of State, Anthony Blinken, is heading to Beijing to restore the line of communication between the two countries after a persistent economic and diplomatic tensions.Filipinos make up around a quarter of all mariners worldwide, but many find it hard to get proper care abroad because of confusing legal loopholes. And should tourists try their hand at haggling abroad – or just pay what they’re asked?(Picture: US Secretary of State Antony Blinken. Source: Getty Images)