Episode

World Business Report

BBC World Service

Business, Business News, News & Politics

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Business News 40

The latest business and finance news from around the world from the BBC

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Global Retailers Seek Black Friday Surge

November 27th, 2015

Episode 568 of 900 episodes

Retailers around the world have been offering bargains, hoping to cash in on America's Black Friday. We hear the attitude of consumers on different continents to the American shopping day and we gauge the mood in New York, with our North America Business Reporter, outside Macy's flagship store in Manhattan. Pope Francis has criticised rich people in Africa for wasting resources that could be used to help poor people avoid suffering poverty. We get a report from Nairobi on the reaction to the visit to East Africa by the leader of the Roman Catholic Church. It has been another busy week for the BBC's news team covering developments like a mega merger to create the world's biggest pharmaceutical group and Russia preparing economic sanctions against Turkey, after one of its jets was shot down close to the Syrian border. We reflect on events with Rob Armstrong, from the Financial Times in London and Tom Easton, The Economist's American Finance Editor. How do you provide the best conditions for start up companies to prosper and create growth? One hub of creativity in the South West of England claims to have the answers. Set Squared - based in the cities of Bristol and Bath has been named as the world's leading university led incubator. Since it began 13 years ago, the technology hub has supported more than a thousand start ups, raised nearly $2bn of investment and helped create more than nine thousand jobs. Nick Sturge, director at the Bristol SETsquared centre, tells us why they have got the recipe right. (Picture: Black Friday sales in the US: Copyright Getty Images.)

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