South Korea bets $880bn on chips and AI

Could This Be Britain's Next Prime Minister?

Andy Burnham has unveiled his plan to spread economic growth beyond London as he moves closer to becoming Britain’s next prime minister. We ask whether devolution — giving more power to England’s regions — could boost growth, and what it would mean for businesses. Also on the programme, the US Supreme Court blocks President Donald Trump’s attempt to remove a Federal Reserve governor, in a ruling that could shape the future independence of America’s central bank. We also ask why Comcast has decided to split its business while rivals are getting bigger, and we hear how the FIFA World Cup is already boosting spending in US host cities. (Image: REUTERS/Temilade Adelaja)

South Korea bets $880bn on chips and AI

South Korea has announced plans to pump in least $880bn to strengthen its semiconductor industry and artificial intelligence capabilities in the coming years. And Comcast prepares to spin off NBCUniversal and Sky in a major media shake-up.

New York rent freeze: What next?

New Yorkers breathed a sigh of relief at the news of a rent-price freeze for a million apartments. In a recent win for Mayor Zohran Mamdani, a housing board approved his pledge to prevent leases from going up and we hear about what this means for both the landlords and tenants. Our market expert also explains the potential pros and cons of this. And, as Europe's heatwave persists with temperatures reaching highs of 40C, we find out whether the region's infrastructure is prepared for this kind of weather, and what we can learn from other countries with naturally warmer climates. We also speak with a dairy farmer on how this has affected their business.

Asia leads tech stock sell-off

Asia is bearing the brunt of the latest technology stock sell-off, as concerns that the excitement around artificial intelligence may have pushed prices too high. The late arrival of India's monsoon and below-average rainfall are causing concern for the country's 300 billion dollar agriculture sector. And King Charles’s property management firm, the Crown Estate, has made a profit of more than £1bn for the third year running.

What does the World Cup, Barbra Streisand, Levi's, and Heinz have in common?

FIFA is blocking logos from brands like Levi's, Heinz, and Beats at the World Cup. We find out why, and how the banned brands are turning the ban into a viral marketing moment. Micron Technology has overtaken Meta, Tesla, and Apple in market valuation, but most people have never heard of it. So what does this chipmaker actually do, and how much is it cashing in on the AI boom? The International Maritime Organization has "temporarily" paused its sailor evacuation plan in the Strait of Hormuz after a cargo ship was attacked. So what does this mean for the 11,000 seafarers still stranded? Plus, can Toy Story help Disney's new CEO get the magic back? Presenter: Leanna Byrne Producers: Rob Cave and Niamh Mc Dermott