future is possible. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosmetic brand called fenty. she had the backing of the global luxury goods giant lvmh. today, fenty has made rihanna a billionaire, but she s not alone. kyliejenner, one of the most followed people in the world on social media, launched a makeup line and became hugely successful all by the age of 21. the cosmetics industry, it s one of the most disrupted out there, as well as coping with covid. it s had to deal with an onslaught of these start ups, which use the founder who can talk directly to customers on social media to drive growth and create a seemingly personal relationship with them. that s according to one of the authors of one of the most widely read reports in the cosmetic and beauty world. they re not necessarily celebrity driven, many of them are, but often the
without crashing the economy. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. foran for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year the kit american economy grew faster than predicted, expanding at an annual rate of 3.3% while inflation fell. goes for the entire you re also exhilarated, even as the federal reserve was involved in the highest rates hike in recent years. the economic rates hike in recent years. the economic growth rates hike in recent years. the economic growth is rates hike in recent years. iie: economic growth is stronger rates hike in recent years. iig; economic growth is stronger than we had during the trump administration. thanks to the amer
biden administration ceased on the moment. here is the president in the battleground state of wisconsin. economic growth is stronger than we had during the trump administration. thanks to the american people, america now is at its strongest growth and lowest inflation rate of any economy in the world. all this week, joe biden s advisors have been on the road with the message that the president s strategy to help the middle class is working. on wednesday, the president picked up a major endorsement from the united auto workers. donald trump is a scab! cheers here is the thing, with trump trouncing biden in polling but the economy at the end of last year the white house is trying to change the narrative. pouncing on the latest gdp data to help make its case. overnight, oil prices havejumped to highest levels this year. as you can see, they are up about 3% as tensions in the red sea continue to disrupt global trade. financial survey alliance has forecast that if the crisis conti
and the us is pausing the approval of exports from new liquefied natural gas projects. we find out why. hello, everybody, welcome to the road business report. give me about 30 minutes and i will try to give you a fascinating snapshot of the world of business and money. welcome to the world business report. the uk has suspended free trade talks with canada, after nearly two years of negotiations. the british government had been trying to extend temporary arrangements put in place after brexit, but disputes about agricultural exports couldn t be overcome. it marks the first time the uk has formally suspended talks with a trade partner since formally leaving the eu trading regime in 2021. lets get more on this with the directorate general of the international trade. just for those who haven t been keeping up with this, why has the uk walked away? 50 with this, why has the uk walked awa ? ., . ., away? so once the uk had left the eu, there away? so once the uk had left the eu.
around the world, iconic cosmetic brands are losing ground to small and fast moving new players, starting up with a direct line to their customers on social media. so can these digital disruptors really challenge the global giants like estee lauder and l oreal? i m going to be asking two women giving it a go. there they are. megha ashar, who s start up in india, just got millions of dollars of investment. and trinny woodall, the big boss of trinny london, who s gone from telling women what not to wear on her television show to selling cosmetics directly to them online. plus, why a lack of truck drivers around the world could be another big hit to our global supply chain. the big boss of the global truck maker scania joins me to talk truckers and whether an all electric future is possible. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosm