World Business Report

This summer has been heatwave after heatwave, and countries like Turkey and Romania have seen a bumper harvest, we're taking a look at how the extreme heat is impacting farmers around Europe and what that could mean for food prices.

We'll hear from a SpaceX employee who's been made a millionaire after selling his shares, and is it ever acceptable to wear shorts to the office?

PHOTO CREDIT: EPA/Shutterstock

As some SpaceX shares become available to sell, it's potentially a massive payday for staff. We hear from a former worker about his plans for the money.

Plus, across the world, communities are counting the costs of wildfires, conflict and geopolitical instability. The boss of Swiss Re speaks to Sarah Rogers about the impact on the insurance industry.

FIFA's leadership is under scrutiny as Gianni Infantino hosts crisis meeting with senior officials as their are calls for him to resign. Ed Butler will be hearing what his future is looking like.

Also how a record drought is cutting rail freight in Europe and why the Saudi Crown Prince is buying one of the world's top video game developers.

Photo Credit: PA

Lift-off for Elon Musk's tech company, SpaceX, as it reports its first results since going public. We examine what the company is worth and hear investors' reaction.

Also, we look at Spotify's latest user numbers and explore whether the music streaming giant could be running out of new listeners.

Elsewhere, we hear from tech workers in Gaza, ten months after the US-brokered ceasefire between Israel and Hamas.

And, how Europe has spent the summer trying to buy its way out of the heat.

PHOTO CREDIT: (EPA/Shutterstock)

Oil companies are seeing their profits spike as the Iran war continues, but President Trump says they're making too much money. So why are profits so high? Sarah Rogers takes a look. Plus, how would you feel if the government was allowed to access data from your phone? US tech giant Apple has confirmed it has launched a new legal complaint against the UK government for trying to do just that.

We explore the impact of the Danube river running at its lowest level in decades on freight, car production and nuclear reactors in the area.

Elsewhere in a big few days for the media sector, we explore why superheroes are back, the latest on the sale of Electronic Arts and why Netflix is going into short form content.

Also, why one of Europe's most wanted drugs fugitives is living freely and with government protection in west Africa

And how Japan and the US have carried out a rare joint intervention to prop up the Yen

PHOTO CREDIT: (REUTERS/Marton Monus)

Ukrainian drone strikes hit Wildberries warehouses across Russia, with 16 distribution centres damaged or destroyed in the past fortnight. As the country's biggest online retailer faces disruption and a Lukoil oil refinery is also hit, we examine why Ukraine is targeting Russian business infrastructure.

Also, oil prices rise after Iran stops two vessels attempting to leave the Strait of Hormuz. We ask why crude has not surged even higher, and look at how China's hidden oil reserves have helped limit the impact on global markets.

FIFA faces a growing backlash over plans to sell minority stakes in a new commercial entity controlling future tournament rights, with UEFA, other federations and senior figures inside FIFA pushing back against the proposal.

Plus, we examine the collapse of an AI-focused hedge fund once valued at $45 billion, led by 24-year-old tech entrepreneur Leopold Aschenbrenner, after its assets were bought by a rival firm for less than $10 billion.

Image Credit: STRINGER/EPA/Shutterstock

Asian markets rebound strongly after a turbulent week for some of the world's biggest chipmakers. We look at what's behind the turnaround and whether investors are still worried about AI spending.

We hear why UEFA is threatening to boycott future World Cups in a major showdown with FIFA over plans to create a new commercial entity to run its tournaments. As the row intensifies, we'll ask what it means for the future of football's biggest business with the New York Times' Tariq Panja.

Also, the BBC's Nawal Al-Maghafi reports from Iran after a new wave of US strikes, looking at the impact on a country already facing deep economic and security pressures.

And we look at Washington's move to restrict Chinese-made robots from entering the US market on national security grounds, and what it means for the future of automation and global trade.

Photo Credit: Reuters

The US has moved to block new foreign-made robots from its market over national security concerns, with Chinese manufacturers expected to be hit hardest. Beijing says it could retaliate.