World Business Report

Review of the year 2025 - from tariffs to Labubu

Dec 25, 2025
Joe Tidy, BBC cyber security correspondent, dives deep into the troubling rise of high-impact cyber attacks in 2025. He shares firsthand experiences interacting with cybercriminals and highlights the significant economic consequences of these incidents. Tidy provides a chilling account of the complexities he faced while reporting on extortion attempts. The conversation also explores the rapid evolution of tariffs, with experts discussing their global economic impact and how innovative businesses adapted to the challenges of the year.
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INSIGHT

AI Investment Fueled Market Optimism

  • Heavy investment in AI drove sky-high valuations for some tech companies despite supply and hardware constraints.
  • Investors bet on future productivity gains from AI even while questioning whether spending will pay off.
INSIGHT

Markets Favoured AI Over Tariff Fears

  • Investors focused on AI as the dominant market narrative, which helped US stocks despite tariff uncertainty.
  • Portfolio managers expect AI-driven productivity to improve future margins and profits.
INSIGHT

India's Exports Felt Sharp Tariff Shock

  • US duties of 50% hit India's export sectors hard, cutting orders and slowing factories.
  • India mitigated some damage by finding alternative buyers and cutting taxes to support domestic demand.
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