Former Secretary of the U.S. Treasury Steven Mnuchin said he is arranging a team of investors to purchase Chinese social media giant TikTok. Our presenter Roger Hearing will be looking at how significant this move will be to stop Chinese influence in America. Denmark moves to conscript women into the armed forces for the first time as part of a beefing up of its defences - but there are fears about what that will do to the labour market. And robot taxis are introduced to Los Angeles for the first time. Roger will be joined throughout the programme by two guests on opposite side of the world:  Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Centre on Global Energy Policy  in Austin, Texas, and Nga Pham, journalist and film-maker in Taipei.   (Picture: Senate Judiciary Committee hearing on online child sexual exploitation, at the U.S. Capitol in Washington. Credit: Reuters)

TikTok buyout plan

Global business news, with live guests and contributions from Asia and the USA.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun, who will leave the company at the end of the year, was also re-elected to stay on the troubled company’s board. Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC’s Correspondent, Will Grant, looks at how the situation has impacted on one of Cuba’s most quintessential industries – sugar – to see how tough the situation has become.  Plus as Mercedes workers in Alabama have voted against joining a union we look at the result means for workers and management. Rahul Tandon is joined by Peter Ryan, ABC's senior business correspondent, in Sydney and Han Lin, China Country Director of “The Asia Group” a Washington DC based consultancy, and NYU Shanghai professor based in Shanghai.
(Image Credit: The Washington Post/Getty Images.)

Boeing CEO's $33m exit package

As the Dow Jones hits a record high Rahul Tandon looks at how a strong stock market is helping some people retire earlier than expected. Two months after a container ship crash saw the collapse of a road bridge in Baltimore, killing six workers, we explore the reasons why 21 seamen are still stranded on the vessel. And on the day that Singapore Airlines announces staff bonuses worth nearly eight months' salary we examine how they came to receive such a generous payout. (Picture credit: Spencer Platt/Getty Images.)

Dow Jones hits record high

President Putin’s visit comes as Russia has become more economically dependent on China following Moscow’s full-scale invasion of Ukraine more than two years ago; Rahul Tandon examines the economic benefits for both nations.  The Ambassador-at-Large with Singapore's Ministry of Foreign Affairs, Chan Hen Chee, talks to us about the country’s  future direction after its long serving Prime Minister steps down.  India and Iran have signed a deal allowing a company to develop and control the management of an Iranian port for 10 years. We look at this will potentially bring new economic benefits to India.
(Picture: Russian President Vladimir Putin chairs a meeting on development of Russia's military industrial complex .Credit: Sputnik/Vyacheslav Prokofyev/Pool via REUTERS)

President Putin in China for two-day state visit

Presenter Sam Fenwick discusses the impact of the tariffs on US China relations with guests from Canada and China. Analysts said the tariffs were largely symbolic and intended to shore up votes in a tough election year. Protests are taking place in Georgia over a new bill which requires organisations receiving more than 20 percent of their funding from abroad to declare themselves as “foreign agents”, or face hefty fines and possible imprisonment. We hear how this could affect businesses in the country.  Google is  introducing  AI-generated answers to search engine queries from US users in one of the biggest updates in years. We examine what this all means for Google and it’s rivals Microsoft's CoPilot and Open AI. (Picture: Credit

US President Joe Biden puts tariffs on Chinese-made products

Sam Fenwick dives deep into the philanthropic world - and how it's changing - amid the news that Melinda Gates is leaving the Gates Foundation. Why has she made the decision? And what's next for this philanthropic giant? Elsewhere, we explore the resurgence of "meme stocks", the science behind work rituals, and what to expect from the Australian budget (Photo: Polio vaccination campaign in Pakistan, Peshawar, where the Bill and Melinda Gates Foundation have worked. Credit: EPA-EFE/REX/Shutterstock)

TikTok buyout plan

Download our free app to listen on your phone