Asian shares sink despite AI boom

Asian shares sink despite AI boom

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 Producer: Victoriya Holland Editor: Josh Martin

Canadian forest fires choke much of North America

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.

Profits surge at Apple and Nvidia supplier TSMC

The company TSMC is riding the artificial intelligence investment wave all the way to the bank, as profits surge at the Taiwanese advanced chip manufacturer. Our correspondent in New York City will dig into the latest jobs and spending data - has the city's big summer of events made consumers feel more confident? And we head to Europe's biggest port - Rotterdam - to hear about a court case locals have taken to force the industrial hub to go greener, faster. World Business Express - Finance, economy and business news from BBC journalists around the world.

New York bans new data centres

New York becomes the first US state to impose a moratorium on building large-scale data centres. The measure, announced by New York's Governor Kathy Horchul, applies to all centres using 50MW or more of power and will remain in force for a year. We hear what the moratorium might mean for business. The announcement comes hours after Australia's prime minister Anthony Albanese announces tougher rules for companies wanting to build data centres there. Elsewhere, the removal of a border fence separating southern Spain from the British Overseas Territory of Gibraltar puts an end to border controls that have been in place for 118 years. And our correspondent Anna Holligan looks at Europe's largest freight port in Rotterdam, which is under pressure to be greener.

Chinese EVs save economy from a serious slowdown

Chinese GDP growth slowed to 4.3% but success in electric vehicles and EV batteries boosted export earnings. We also head to Gibraltar where citizens and businesses of "The Rock" and Spain cheer the end of passport checks on the frontier border following the post-Brexit agreement between Spain and the UK. World Business Express - Finance, economy and business news from BBC journalists around the world. The stories that matter: World Business Express brings you the essentials on the fast-changing global economy. What forces are driving the markets and industry? Hear unique insight from top CEOs, investors, economic thinkers and small business bosses.