World Business Report

In his first speech at Jackson Hole as Federal Reserve Chair, Kevin Warsh said that while inflation data had been better than expected over the summer, it did not suggest the outlook had "meaningfully improved". However, he stressed that his remarks should not be seen as a guide to future interest rate decisions. And more than 80 British actors and voice artists are calling for stronger legal protections against AI-generated copies of their voices.

They warn cyber-attacks which use AI will become both more widespread and more sophisticated in a matter of months as the technology rapidly improves.

UEFA is preparing criminal legal action against the President of FIFA, Gianni Infantino.

And a barrel of single malt scotch whisky bought in 1971 for $175 has been valued by auctioneers at $370,000.

More oil is making its way through the Strait of Hormuz, despite the continuing war with Iran, with Kuwait and Qatar among the Gulf producers finding new ways to keep supplies moving.

Could tighter restrictions on Facebook and Instagram actually make children safer online? A former Meta engineering director and whistleblower says changes agreed in a multibillion-dollar US settlement won't go far enough.

And Forbes Russia has named Wildberries founder Tatyana Kim the country's wealthiest woman, despite Ukrainian attacks on the company's warehouses.

The Facebook and Instagram owner was accused by several US States of having addictive products that harm children.

Shares in US chip designer Nvidia rise in after hours trading after its 2 quarter results beat market expectations. It remains the world's most valuable company.

And we hear about the amazing business acumen of the country music star Dolly Parton who died yesterday.

Meta, the parent company of Facebook and Instagram, has agreed to an $18bn settlement with 29 US states over claims that its platforms harmed children.

The collapse of what was once one of China’s biggest property developers is now threatening to become a multi-billion-dollar headache for PwC. A Hong Kong judge has ruled that Evergrande’s liquidators can pursue PwC’s global organisation, as well as its Chinese affiliates, over alleged audit failings. They’re seeking around $8.4bn in damages.

And Dolly Parton, one of country music’s biggest stars, has died aged 80. She sold more than 100 million records during a six-decade career, while building a business empire spanning music publishing, film, television and her Dollywood theme park.

Finance Minister François-Philippe Champagne announced ‘dollar-for-dollar’ counter-tariffs on a swath of U.S. goods — with a sliding scale of 15, 25 and 50 per cent.

Ed Butler speaks to an shipping expert and asks if anyone really knows how much oil and gas is currently being exported from the Middle East via the Strait of Hormuz.

And Volkswagen's Chief Executive has embarked on tour of German plants amid a plan for the auto giant to cut tens of thousands of jobs at home.

We take a look at what the latest US sanctions could mean for Iran's trading partners. Plus, India's taking "express" action to bring down soaring onion prices, and Lego has built record sales.

Presenter: Bisi Adebayo

The US has announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said is "the single greatest financial offensive ever".

Trade relations between Canada and the United States have sunk to a new low after weeks of urgent talks fell apart over the weekend.

Meanwhile Ed Butler takes a look at the growing trade tensions between the European Union and China.

What could new sanctions mean for Iran's economy and its trading partners?

Meanwhile, President Trump announces plans for a 50% tariff on Canadian vehicles from 2027.

Also, Singapore announces a $55,000 incentive aimed at encouraging people to have more children.

And China showcases its growing humanoid robot industry.

Presenter: Bisi Adebayo

Long: Meteorologists warn a developing El Niño could be the strongest in living memory, with scientists saying next year could become the hottest on record. We look at what that could mean for businesses and global trade as low rainfall forces the Panama Canal to restrict shipping.