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World Business Report

BBC World Service

Business, Business News, News & Politics

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Business News 34

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

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Shipping Firm Thrown Lifeline

September 6th, 2016

Episode 821 of 892 episodes

South Korea's government says it may provide loans to the bankrupt Hanjin shipping company to keep it afloat, but will $90m be enough? And with dozens of Hanjin's container ships unable to dock at port for fear of arrest or their goods being seized by creditors, we hear about the challenges facing US retailers if they can't get their goods in time for the busy holiday season. Also in the programme, European authorities say they'll be getting tough on Volkswagen over the dieselgate scandal. We ask Europe's Justice Commissioner Vera Jourova why it has taken so long. As the potential hit to tourism in the US sunshine state of Florida resulting from the arrival of the Zika virus becomes apparent, the BBC's Luis Fajardo reports from Miami on the economic impact of the disease. Plus we look at the rise of digital divinity, as BBC technology reporter Zoe Kleinman tells us about smartphone apps targeting the faithful.

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