World Business Report

One man's trash is another man's treasure, but would you pay $25 for a cube of rubbish collected outside Madison Square Garden where Taylor Swift and Travis Kelce were married? The Strait of Hormuz is effectively closed, with BBC Verify finding that only a handful on vessels crossed the body of water in the last 24 hours after tensions increased between Iran and the US. Also, we head to Delhi were new electric vehicle policies aimed at cleaning the air have been criticised by rickshaw and moped drivers. World Business Express - Finance, economy and business news from BBC journalists around...

Tough times for the gaming industry after news of more lay-offs, this time at Microsoft's Xbox gaming division, Will Bain asks developers and designers if it's all doom and gloom, and what challenges like ahead. And authorities are carrying out investigations after a Ryanair passenger was partially sucked out of a Boeing 737 when a cabin window shattered mid-flight, thousands of feet in the air. We speak to an aviation safety expert about what that investigation might look at and what the incident means for the airline industry.

A Ryanair passenger was partially sucked out of a Boeing 737 on a flight from Greece to Germany, after a cabin window shattered. Authorities are investigating the cause.The European low cost carrier Easyjet is set to become part of a bidding war between two US based private equity firms.And a heatwave in central Europe has farmers in Switzerland worried.

Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country.A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European Commission has opened an investigation into whether Chinese duck meat is being sold in Europe at unfairly low prices. We take a look at the wider dispute.And since the United States imposed a near total fuel blockage on Cuba six months ago, the island's food...

Volkswagen, whose 10 brands range from Seat to Porsche, is making sweeping production cuts in Germany. We take a look at the impact this is having on the automotive industry in the country.A row over Peking duck is adding to already tense relations between Brussels and Beijing. The European Commission has opened an investigation into whether Chinese duck meat is being sold in Europe at unfairly low prices. We take a look at the wider dispute.And since the United States imposed a near total fuel blockage on Cuba six months ago, the island's food...

Energy price rises since US/Israel war with Iran has affected Chinese manufacturers. But retailers in China struggle to raise prices as consumers watch their budgets. Volkswagen's Board is considers move to cut 100,000 jobs in Germany. And we learn about the political philosophy of Manchesterism and how it may soon be seen in No 10 Downing Street.

Pioneering entrepreneur George Johnson has died aged 99. We speak to Valerie Jarrett, American businesswoman, former Senior Advisor to the President of the United States, and chief executive officer of the Obama Foundation. She knew George Johnson throughout his life, and was a close friend.Russia has banned exports of diesel in order to avoid domestic shortages, after a flurry of attacks by Ukrainian drones on the nation's refineries. We take a look at what impact this is having on the country.The US military says it has carried out a second night of airstrikes on...

Russian motorists queue for miles in the hope of buying petrol, but President Putin describes the problem as manageable.Meanwhile fighting has erupted in the Persian Gulf with both US and Iran firing at targets on land and at sea. Almost no ships are currently passing through the Strait of Hormuz.And the world's biggest professional ESports event gets under way in Paris.

Twenty five days ago SpaceX debuted on the stock market in the largest initial public offering in history, selling US$75bn worth of shares. Now its joined the Nasdaq 100 index of firms including Microsoft, Apple and Nvidia, so why have its shares fallen? We hear from tech investor Eileen Burbridge and financial advisor Jennifer Snyder on why investors might not be feeling reassured. Canada's launching a new national strategy for artificial intelligence called the 'AI for All' plan, setting targets for economic growth, jobs and safeguards as the government looks to strengthen its control over the technology. <...

Motorists are angry that petrol in India must contain 20% ethanol alchol. Samsung's profits jump on sales of memory chips for AI, but the share price falls. And can China become the global leader in self driving cars?

With Microsoft announcing nearly five thousand job cuts, and XBOX bearing the brunt of the losses, we look at what's changing in the world of gaming and hear from former Xbox executive Peter Moore on how it might affect some of the globe's most popular computer games. Meanwhile, as NATO leaders prepare to haggle in Turkey over defence spending, we get advice from Sweden's former Prime Minister Carl Bindt on how countries balance their budgets against growing security demands. Also on the programme, Andrew Peach discusses the growing concern around political interference in football after...

Europe's second biggest low cost airline accepted bid after months of wooing. If the deal goes through, the new owners Clearlake will take the business private.NATO to discuss a proposed Defence, Security and Resilience Bank, aimed at boosting lending to member nations to pay for a ramp up in defence.And US rock band Metallica are funding work apprenticeships as part of their current stadium tour of Europe.

Swift wedding rumours, FIFA World Cup crowds and extreme heat hit New York on America’s birthday weekend. With electricity demand soaring, we hear what is happening on the ground.We are more than halfway through the 2026 World Cup, but ticket resale platforms have been causing problems for some fans, who say their tickets were cancelled at the last minute or never arrived. We hear from fans and experts.Spain is the world’s second-most popular international tourist destination, and travel company research suggests this year could be another strong one for the industry. But not...

A big birthday, a big wedding and big temperatures...it's a big weekend in the United States for citizens and business owners. Also, Russia takes more steps to tackle its growing fuel shortages. And why a Japanese mayor is facing criticism for taking maternity leave. Presenter: Bisi Adebayo Producer: Victoriya Holland Editor: Justin Bones

With just 57,000 posts created in June, half the number expected, the US jobs market is showing signs of cooling. We talk to a restaurant owner about why it's getting harder to hire. And the latest on the computer gremlins causing chaos at European airports. We hear from the family of a businessman delayed by 12 hours and a travel expert: Are glitches in the new EU-wide border control system going to spell a summer of misery for non-European travellers? Also, if you were to hold your wedding in Madison Square Garden, how much would it set you back?

Is the US jobs market starting to lose momentum? Also, Europe's new border system is leading to long queues at some airports this summer. And India has told Meta to delay a new WhatsApp feature over fraud concerns. Presenter: Bisi Adebayo Producer: Victoriya Holland Editor: Justin Bones

As Eurozone inflation lowers to 2.8% in June, heads of the US and European central banks have say inflation isn't beaten yet. We look at why top bankers are still worried about inflation and what's actually driving it. Also on the programme we speak to one of the Gulf's oldest oil companies about why the Gulf oil industry will have to build back better to secure supply chains. And as one of California's own becomes a trillionaire, the state prepares to vote on taxing exactly that kind of wealth. PHOTO: REUTERS/Pedro Rocha

The European Union has introduced a customs charge of just over $3 on low value items bought outside of the bloc. We hear from the EU commission MP who explained us why these measures are so important. The US president Donald Trump made more than $1 billion last year, from business dealing in cryptocurrency. And the toxic pufferfish with razor sharp teeth that are invading the waters around Greece, causing a huge problem for the country's fishing industry. Presenter: Sarah Rogers Producer: Victoriya Holland Editor: Naomi Rainey

The Yen has hit a forty year low, despite the Japanese government spending billions on attempts to prop it up. We look at the impact on domestic business and exporters.Also, as sportswear giant Nike reports its full-year results, we speak to a brand expert to find out why the world's biggest sportswear name appears to have lost its way. And as the world's favourite safe haven loses its shine, we ask what falling gold prices can tell us about the health of the global economy. Presenter: Samantha Fenwick Producers: Neil Morrow and Rob Cave

Japan's Yen drops to its weakest level in nearly 40 years. One business owner in Tokyo tells us the company is struggling to hang on.Are further interest rate rises on the way for the Eurozone? We ask a leader at the European Central bank forum.And a new deal for steel as the EU prepares to bring in tighter rules.