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


US Economy Slows on Lower Business Spending

April 28th, 2016

Episode 712 of 1091 episodes

The US economy has barely grown at all in the last three months, sharply down to 0.5%, compared with 1.4% growth in the prior three months. Facebook shares have jumped after reporting a tripling of first quarter profits from a year earlier - we ask if we should be worried by its growing power. Four years ago, after a series of scandals, the Vatican pledged to be more transparent, but the latest annual report from its financial watchdog has highlighted more than five hundred suspicious transactions in the last year alone. It remains one of the most corrupt places on earth, despite efforts to tackle the problem - we report from Mexico to hear about its clean-up. And finally, we look at the world shortage in colouring pencils, most recently because of the surge in demand of adult colouring books - but one expert tells us why he's sceptical, and has heard it all before.

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