World Business Report

The price of oil has gone back above $100 a barrel which could mean higher prices at the pump. It's after attacks on at least one tanker in the Red Sea by Iranian-backed Houthis

Plus a shortage of eggs in Myanmar has led to prices soaring

and the footballers rewarded for winning the world cup in Tomatoes

Presenter: Gideon Long

Why OpenAI technology 'went rogue'? According to IT giant, some of its most advanced AI models went rogue and hacked a start-up after it lost control of them during a security test.

(Picture: OpenAI says AI agent exploits vulnerabilities in security test, Berlin, Germany - 22 Jul 2026. Credit: EPA/Shutterstock)

New 25% US tariffs on selected Brazilian imports are raising trade tensions. What impact could they have on Brazil's economy?

Also in the programme Malaysia's ambition to become Southeast Asia's next data centre powerhouse.

And why a campaign encouraging Japanese office workers to wear shorts is causing controversy.

Presenter: Gideon Long Producer:

The US administration is hitting its neighbour Canada with a 50% tariff on imports. Products include wine, cement and even hockey sticks. We speak to Canadian businesses about how they are preparing for the latest round of tariffs.

Also, President Trump has promised to help Lebanon "a lot" during a landmark meeting with his Lebanese counterpart in Washington. We hear from a food importer about what it is like doing business in the country.

Elsewhere, we check in with a football fan from Curaçao to find out how much a trip to the World Cup cost him.

And weight-loss drugs are a multi-billion-dollar industry. We explore why its two biggest players are heading to court.

(Photo: Canada's Prime Minister Mark Carney speaks after touring General Dynamics, a defence manufacturing facility, on the day he announced new measures to strengthen Canada's defence capabilities in London, Ontario, Canada, 16 July, 2026. He wears a navy blazer and a white shirt, with a light blue, patterned silk tie. Credit: Carlos Osorio/Reuters)

US President Donald Trump has announced a new 50% tariff on a wide range of goods imported from Canada. We hear from a group representing auto manufacturers.

Plus, another blow for Paramount in its bid to take over Warner Brothers

Presenter: Gideon Long

The United Kingdom has its seventh prime minister in just over a decade. Like many leaders the world over, Andy Burnham has vowed to tackle the cost-of-living crisis and revive economic growth. But is it within his gift?

And we find out why millions of passengers from outside Europe are finding long queues waiting for them when they land at airports across the continent.

Also, as Spain celebrates its historic World Cup victory over Argentina, we drop in on the party in Madrid.

PHOTO CREDIT: Jeff Overs/BBC

The UK gets its fourth Prime Minister in just five years - but what can he do for the economy?

Russia feels the economic impact of its war with Ukraine after drone attacks hit the country's biggest online retailer. We hear from the business owner who lost all her goods in the fire.

And if you're going to Europe on vacation this year - why it might take a little longer to get through the airport.

Presenter: Sarah Rogers

Adidas sponsor finalists Spain and Argentina while Nike sponsor defeated semi-finalists England and France. How big a deal is this in the battle for sports branding dominance?

We also hear what football fever in North America did for a local business that sells football shirts.

And, Andy Burnham will become the new British prime minister next week but hasn't said much about his economic policies. The BBC's economics editor Faisal Islam goes to Manchester, Burnham's former mayoral constituency to look at his track record there.

Plus, the Bayeux Tapestry returns to England after nearly a thousand years and will be displayed in the British Museum. This has been controversial because its priceless and fragile with thousands signing a petition asking for it not to be moved. Culture Editor Katie Razzall tells us how it's being looked after.

A sharp sell-off in AI stocks sweeps across Asia.

India joins a select group of countries running hydrogen-powered trains.

And Netflix shares fall after its latest outlook disappoints investors.

Presenter: Leanna Byrne

Smoke from wild-fires covers much of North America. Toronto, Chicago and Boston are all under the smoke haze.

Indian Government bans its seafarers from going through the Strait of Hormuz.

And in Italy, thirty-two people were found guilty in connection with a bridge collapse in Genoa in 2018.