Nestlé is the world's largest packaged food and drink company, but after a turbulent period it has announced plans to cut 16,000 jobs over the next two years. But after selling its water division for €5bn earlier this year, will it lead to the Swiss conglomerate slimming down further?

Andrew Peach finds out why the US Chamber of Commerce is trying to stop the Trump administration charging businesses US$100,000 for each foreign skilled worker visa.

Elsewhere, Japan is known for its political stability, but amid numerous economic challenges, could a new prime minister be the answer to its problems?

And what's all the fuss about with Microsoft's first-ever handheld Xbox console?

The latest business and finance news from around the world, on the BBC.

(Picture: The Nestlé logo is seen during the opening of the 151st Annual General Meeting of Nestlé in Lausanne, Switzerland on 12th April, 2018. Credit: Reuters / Pierre Albouy.)