World Business Report

Incheon Airport near the South Korean capital of Seoul has become the world's busiest international airport for the first time, handling more than 38 million international passengers in the first half of the year. We find out what is shifting air travel habits and what UK travellers want from airports.

Elsewhere, we speak to the CEO of Watt Electric Vehicle Company about a new deal that will see it build the first electric vehicle factory in Qatar to develop cars for the intense heat of Gulf countries.

Also, we hear from the CEO of Maersk about why it managed to make higher profits than analysts expected.

And we find out how prepared young people are for budgeting and cooking for themselves once they take the leap to move away from home for education.

PHOTO CREDIT: REUTERS/Kim Soo-hyeon

Maersk's CEO exclusively tells World Business Express the company is investing more in alternative routes after the trouble in the Strait of Hormuz

There's a new holder of the title of the world's busiest airport

and step inside the human fridge in Japan

The Los Angeles Lakers are to be sold for a reported record-breaking $12.5bn to American businessman Josh Kushner and former Disney chief executive Bob Iger. We hear from a former insider on what this means for one of the world's biggest sports brands.

Elsewhere as Colombia recovers from a devastating earthquake, we hear about recovery efforts and the impact on its economy.

Also, with less than a week to go before Donald Trump's latest tariff deadline we hear from one business on what measures they are planning to take to keep trading.

And, a new jet, being billed as China’s answer to Boeing or Airbus is made its first international commercial flight. What does this mean for the nation?

PHOTO CREDIT: REUTERS/Mike Segar

The latest US inflation data is out, but with the cost of living still a major concern for households, how are Americans feeling about their finances? Plus, Colombia’s new president is set to declare an economic emergency after Monday’s devastating 7.4-magnitude earthquake. And the chairman of Tata Sons, the holding company of India’s vast Tata conglomerate, is stepping down when his term ends next February, after failing to secure board backing for another term.

As parts of Europe head for a "once-in-a-lifetime" total solar eclipse, we hear from one region in Iceland on how they are seeing a boost in tourism in a year when they have seen a decline in tourists from the US.

Elsewhere, as the heat and droughts affecting Europe continue to hit the Rhine River, we get the impact on the German economy.

Also, Nvidia raises $500bn for AI data centres for some of the world's biggest banks and investment firms, and we find how much the AI revolution will cost.

And as hybrid working leaves more offices underused, could converting offices into homes help tackle housing shortages and revive business districts?

PHOTO CREDIT: EPA-EFE/REX/Shutterstock

Some of the world's biggest banks and investment firms have partnered with the chip giant to invest in artificial intelligence infrastructure.

The money from the likes of Goldman Sachs, BlackRock and KKR will go towards Nvidia's own projects and those being built by its partners.

Meanwhile, Trump Media, the company behind Donald Trump's Truth Social platform, has revealed that more than 10 customers have paid up to $100,000 each to use a controversial service that offers faster access to posts on the site.

A consortium led by businessman Amit Bhatia, including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin are in talks to buy around a 30% stake in Liverpool football club. We find out why so many of the world's richest people keen to invest in the Premier League.

Elsewhere rising temperatures are affecting economies across the world and we have been hearing from some of the areas affected on how it is effecting the way they do business.

Also, Shein has been given the green light to IPO in Hong Kong. We find out why the valuation pitched to potential investors is low.

And we hear one business's reaction to the news that Denmark is preparing to scrap its royal warrant system, ending a centuries-old royal seal of approval.

PHOTO CREDIT: PA

The "Ice Silk Road" will run along the north Russian coast on its journey between Ningbo on China’s east coast and Felixstowe in the UK. Sea Legend, the Chinese container shipping company behind it, say the region is emerging as a viable alternative to the world’s traditional shipping routes.

Also, officials in Germany say falling water levels on the river Rhine could mean that it split into two separate sections for cargo boats. The river is forecast to drop below ten centimetres this week making part of it too low for commercial shipping and cruises.

The US saw a weaker market after losing 23,000 jobs in July and it's figures are much worse than expected. We'll be hearing why the American economy isn't creating more jobs.

Plus, could oil be the saviour of Venezuela's economic needs? As the conflict in the Middle East continues to choke global supplies, Venezuela has a unique opportunity to gain market share and investment through having the world's largest reserves.

And, Wetherspoons, a large pub chain in the UK has banned Meta's smart glasses which allows the wearer to film what they're looking at, sometimes without the subject's knowledge. We hear from a bar owner who's followed suit for their customers' privacy.

Overall, the US economy shed 23,000 jobs in July in the latest sign of a cooling labour market. Traders say an interest rate rise is now less likely.

Meta, the owner of Instagram and Facebook, has been fined a record penalty of half a billion dollars in a court case over child safety.

And a row has broken out in the UK as a local authority tries to stop people standing up in pubs.