World Business was a weekly half hour features programme on CNBC presented by Raya Abirached. The show covered recent trends in global business, technology, luxury markets and the business of sport. The programme aired in Europe on Friday nights and in Asia on Saturday mornings.
World Business was cancelled after it was revealed that the show's production company was doubling as a public relations firm for Malaysian politicians, including Sarawak Chief Minister Abdul Taib Mahmud. The Sarawak Report, a blog run by Clare Rewcastle Brown, reported that FBC Media had been receiving payments from Malaysian politicians in return for positive coverage, including carrying puff pieces on the programme to improve Taib's international image.
Financial World was the United States' oldest business magazine before going out of business in 1998. In the magazine's later years of publication, its signature issue was the "Sports Franchise Valuation Issue". In its last years this feature was prepared by Prof. Andrew Zimbalist who is now a contributor to Forbes Magazine.
Financial World was founded in 1902. It was purchased in 1983 by Carl Lindner, Jr. and later sold to Barry Rupp, Steve Rupp, and Timothy Draper in 1995. In 1998, the magazine stopped printing and closed its business.