The International Labour Organization says nearly 5 million jobs have been lost in Ukraine since the start of the Russian invasion, as nearly half of businesses in the country have been knocked out of operation. The UN agency warns that the situation could have ripple effects across Europe and Central Asia. Meanwhile, as the war in Ukraine worsens supply shortages and price hikes, French dairy farmers are struggling to keep afloat, raising fears of potential milk shortages.

US tech giant Apple has announced it is stopping production of its iconic iPod device, which was first launched in 2001. With a battery life of 10 hours and enough space for 1,000 songs, the iPod completely changed the way we listen to music and paved the way for smartphones. Also in the show, US President Joe Biden says the fight against inflation is his "top priority".

Facebook owner Meta Platforms has opened its first physical retail store in Burlingame, California. It's located at the main campus of Reality Labs, the company's unit that produces hardware like virtual reality headsets or smart glasses. Meta has staked its future business on the idea of the metaverse, an immersive and shared virtual space, as growth fuelled by ad revenue slows. But first, we look at how global markets are faring amid fears of an economic slowdown.

After a sell-off on Wall Street, global investors are grappling with price increases and rising borrowing costs. Inflation is particularly brutal in Turkey, and the Greek government unveils a program to protect households from soaring energy prices.

America's central bank is hiking interest rates by half a percent in a bid to tame decades-high inflation in the US. But it’s also tempering its plan for future hikes to avoid sending the economy into recession. Meanwhile, French consumers are facing skyrocketing prices across a number of sectors.

Elon Musk says companies and governments might need to pay to use Twitter under his ownership, as the billionaire Tesla founder seeks more investors to cover the private financing of his $44 billion takeover deal. The US Fed gets set to hike interest rates, and soaring profits at oil companies spur a push for windfall taxes.

As EU member states consider tightening restrictions on Russian energy imports, Italian Prime Minister Mario Draghi is among those calling for closer European integration. He says the bloc needs “structural solutions” to deal with soaring energy prices. Meanwhile, Italy and the UK take different stances over “windfall taxes” for energy giants as they reap record profits, and India's heatwave pushes electricity consumption to a record high.

Amazon, Yelp and Citibank are among the companies offering to reimburse medical travel expenses as the US Supreme Court prepares a decision that could allow states to ban abortion outright. Amazon defeats a new unionisation effort in a setback for labour organizers, and international tourism returns to France's medieval city of Carcassonne.

Australian flagship carrier Qantas will begin non-stop flights between Sydney and London as well as New York and Paris starting in 2025. The airline has placed its largest ever plane order with European jet maker Airbus for long-haul jumbo jets as well as smaller domestic and regional aircraft.

Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.