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Episode details

World Service,02 Aug 2021,26 mins

Square to buy Australia's Afterpay

World Business Report

Available for over a year

In Australia's biggest ever buyout, Jack Dorsey's Square has offered to buy Afterpay. Jonathan Shapiro writes about banking and finance at The Australian Financial Review, and tells us what is so attractive about the $29bn 'buy now, pay later' giant. Also in the programme, the BBC's Ivana Davidovic reports on whether new scientific developments might help genetically modified foods to shed the suspicion with which they've been viewed by many consumers and health authorities around the world. Plus, America's Sunset Studios, behind hits such as La La Land, plans to invest almost a billion dollars creating a major new film, television and digital production complex in Hertfordshire, England. We find out more about the project from Georg Szalai, international business editor of The Hollywood Reporter. (Picture: An Afterpay logo in a shop window. Picture credit: Reuters.)

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