Trump says trade talks with Canada 'terminated'

President Donald Trump and China’s President Xi Jinping are meeting in South Korea for the first time since 2019. Presenter Sam Fenwick hears what’s at stake in crucial talks between the two leaders. Also, the owner of a US-based coffee roastery in New York tells us what tariffs and inflation mean for his business. And, what do the latest results from Microsoft, Alphabet and Meta tell us about investment in AI?(FILE PHOTO: U.S. President Donald Trump and China's President Xi Jinping shake hands while walking at Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos Barria/File Photo)

The much-anticipated meeting between Donald Trump and China’s President Xi Jinping takes place in South Korea on Thursday. Presenter Sam Fenwick hears what’s at stake in crucial talks between the two leaders. The owner of a US-based coffee roastery in New York tells us what tariffs and inflation mean for his business. What do the latest results from Microsoft, Alphabet and Meta tell us about AI investment?

Hurricane Melissa causes major disruption as the Jamaican economy comes to a standstill. Tourists are also stranded on the island with the closure of all major airports.Business leaders from the US and Japan meet to discuss trade, investment and supply chains.Amazon confirms plans to cut thousands of jobs, saying it needs to be “lean” to seize the opportunity provided by artificial intelligence. Presenter Sam Fenwick examines all these stories and looks at the some of the other big global business stories of the day.

US President Donald Trump has kicked off his trip to Asia by announcing a string of new agreements and a peace accord involving Malaysia, Thailand, Cambodia and Vietnam. The White House has called it historic but businesses are looking for more detail. We speak to two entrepreneurs in Chicago and Seattle on what this could mean for their companies. Elsewhere, we hear how US tariffs on India's exports has put nearly a million jobs on the south-eastern coast of the Andhra Pradesh state at risk. And as massive rallies cheer Javier Milei, and Argentina's markets soar with the president tightening his grip on power in the South American country, Sam Fenwick discusses whether his La Libertad Avanza party's midterm victory will pave the way for economic reforms. The latest business and finance news from around the world, on the BBC. (Picture: US President Donald Trump talks before boarding Air Force One at Kuala Lumpur International Airport in Kuala Lumpur, Malaysia, on Monday 27 October 2025. Credit: Reuters / Evelyn Hockstein.)

Hundreds of thousands of federal employees have missed their full paycheques for the first time since the beginning of the government shutdown three weeks ago, with Democrats and Republicans still blaming each other for the lapse in federal funding. We hear from a US federal employee at the Department of Defence on the East Coast. And this week the fight moved to the courts over another politically contentious area – the massive charges the Trump administration wishes to impose on H1B visas – the work visas issued to up to 65,000 foreign workers each year, looking for jobs that US employers say they are unable to fill otherwise. Also, Canada's prime minister, Mark Carney, says he's ready to resume trade negotiations with the United States when Washington is ready. This comes after President Trump announced he was abruptly ending talks because of an anti-tariff advertising campaign by the province of Ontario. (Picture: A sign outside the National Gallery of Art alerts visitors the museum is closed in Washington and remains closed due to the government shutdown on 23 October 2025. Credit: photo by JIM LO SCALZO/EPA/Shutterstock).

Donald Trump says he's ending trade talks with Canada, all over an ad. He accused Canada of fraudulently using Ronald Reagan’s words in what he called a “fake” advertisement. We hear from a Canadian business owner.China calls for calm ahead of trade talks with Washington… And Russia faces fresh sanctions as it sets interest rates. We speak with the former Russia Prime Minister Mikhail Kasyanov. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Justin Bones

Two leading US basketball figures are among thirty-four people arrested as part of FBI investigations into illegal gambling and the Mafia. The Portland Trail Blazers head coach Chauncey Billups is accused of playing in rigged poker games in New York. The Russian president, Vladimir Putin, has described this week's new US sanctions on Russia’s two biggest oil companies as an unfriendly act. But at the same time, he's claimed they won't have a substantial impact on Russia's economy. And we will look at the cost of insurance for museums after the priceless jewels thieves stole from the Louvre museum in a brazen heist this week, which were not privately insured.(Picture: Miami Heat guard Terry Rozier (2) handles the ball during the second quarter against the Washington Wizards at Capital One Arena in March 31, 2025: Credit: Reggie Hildred-Imagn Images/File Photo)

Fresh sanctions are hitting Russia's energy sector, from both the European Union and the United States. The goal is to squeeze the money earned from energy imports. How will it impact Russian economy? Also, will India and China reduce their crude oil consumption? And China's economic plan - after four days of discussions at home, what priorities are being set for the rest of the decade? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Stephen Ryan

Elon Musk's SpaceX says it has cut Starlink satellite communication links to more than 2,500 devices used by scam compounds in Myanmar. The UAE's AI minister has told the BBC that the country is choosing the United States and American companies over China as their preferred partner when it comes to AI. And, despite the US's $40 billion rescue package for President Javier Milei, investors are betting that Argentina will sharply devalue its currency after this weekend's midterm elections. (Picture: At least 84 repatriated Indonesian citizens who once worked in scam centres in Myanmar and arrived in the Indonesian capital on 28 Feb 2025. Credit: BAGUS INDAHONO/EPA-EFE/REX/Shutterstock)

Retail traders are being credited for sending Beyond Meat's stock surging. Also, an estimate on the cost of the Jaguar Land Rover cyber attack. And Starlink devices are linked to scam centres in Myanmar.Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Stephen Ryan