World Business Report

Subscription window for Africa's "People's IPO" closes today for the Dangote Refinery in Nigeria. Which has reportedly been almost three times oversubscribed, with billions of dollars' worth of orders from retail and institutional investors. We find out what it means for investment in the continent.
The first three ships full of Russian diesel head for the US, but two of them are currently sanctioned by the EU, UK and Canada. We find out if they will be able to land and what could be the legal implications for any US companies handling the product.
China's state television company has reportedly suspended broadcasts of La Liga matches after the Real Madrid forward Kylian Mbappe appeared to call the late Mao Zedong a "Chinese dictator" on a French TV chat show. We hear about the commercial fall out.
Presenter: Ed Butler
Producer: Barbara George & George Baylis
(PHOTO: Aliko Dangote, President and Chief Executive Officer (CEO) of Dangote Group speaks during the groundbreaking ceremony for the construction of an East African oil refinery in Lamu, Kenya, September 30, 2026. REUTERS/Monicah Mwangi)

French football star Kylian Mbappé has apologised after a joke about China's former leader Mao Zedong sparked a growing boycott.Major brands have dropped sponsorship deals, while Chinese broadcasters are reportedly pulling Spanish football matches. We examine the financial fallout.
Also, Microsoft offers voluntary redundancy to thousands of workers as it increases spending on AI. What could it mean for India's IT industry?
And, is the Labubu craze over? Sales slump at Pop Mart, the Chinese company behind the viral dolls.
Presenter: Leanna Byrne
Producer: Bisi Adebayo

One of the world's most valuable AI companies is heading to wall street. Anthropic has warned artificial intelligence (AI) could pose "catastrophic or existential risks to humanity" as it unveiled details of its planned stock market listing in the US. We hear what tech investors want from the listing.
Brazil’s President Lula da Silva has won a fourth term in office and is promising unity and democracy. We hear what victory means for Brazil's economy.
Israel's Prime Minister Benjamin Netanyahu has suggested the country should prepare ways to work around potential banking sanctions. We hear about the country's economy and political mood.
And London’s Oxford Street is about to get a lot quieter, as one of the world’s most famous shopping destinations goes traffic-free. We here from shoppers.
(Photo: Anthropic logo in this illustration taken on 26 October, 2026, is a black rectangle with the brand name Anrhopic in white, bold type. Credit: Dado Ruvic/Reuters)
Presenter: Vishala Sri-Pathma
Producer: Barbara George and George Baylis

Lula da Silva wins fourth term as President in dramatic Brazil election comeback, but his opponent refuses to accept the result.
India legalises E100 ethanol fuel for vehicles.
And London's famous Oxford Street shopping district is going traffic

In the U.S., President Trump's war in Iran has caused pain for low-income Americans. As voters go to the polls for nationwide Congressional elections, people are struggling to pay for food and fuel. The cost-of-living crisis deepens.
Brazilians will be voting for a new president on Sunday in a run-off election. The current president - Luiz Inácio Lula da Silva - is being challenged by right-wing Senator Flávio Bolsonaro in a tight race that will have consequences for the region and the world. We speak to economists in the country.
Presenter: Rahul Tandon
Producers: Neil Morrow & Neggeen Sadid
(Photo: A person pumps gas into their car at the 76 gas station at the corner of Roscoe Boulevard and Woodman Avenue in Los Angeles, California, USA, 04 September 2026. Credit: EPA/Shutterstock / Chris Torres)