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Government borrowing costs are rising sharply around the world, led by a sell-off in US government bonds. The yield on the benchmark 10-year US Treasury has climbed above 5.3%, its highest in more than two decades. Also, a US judge has cleared the way for Paramount’s $110 billion takeover of Warner Bros. Discovery. Manchester City’s main sponsor, Etihad Airways, is considering legal action against the Premier League. And in Japan, consumption of its national drink, Sake, has fallen to around a third of its 1970s peak, as tastes have shifted towards drinks including beer, wine and whisky.
Presenter: Bisi Adebayo Producer: Guy Kilty Editor: Justin Bones
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One of the biggest names in world sport, Cristiano Ronaldo, has left the Portuguese national teams training camp, amidst speculation he could retire from international football. Ronaldo is the most famous Portuguese footballer of all time, the most well paid athlete in the world according to Forbes…
Ukraine has begun introducing emergency power cuts in Kyiv as Russia steps up its attacks on energy infrastructure. Kyiv has been preparing for a renewed onslaught before winter begins, by building fifteen small scale power plants in heavily fortified concrete bunkers. We find out how businesses ar…
The construction of a $16bn dollar oil refinery in Lamu, coastal Kenya is expected to create about 60,000 jobs and be completed within three years. It hopes to provide 1,000 megawatts of power generation, twice the capacity of his Lagos refinery, serving the needs of the Lamu refinery and beyond.
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