World Business Report

Is Russia running short on fuel?

Donald Trump’s new Federal Reserve chair, Kevin Warsh, has held interest rates steady at his first policy meeting, despite being appointed with a clear expectation that borrowing costs would fall. What does it mean for ordinary business owners in the States? And we look how motorbike couriers smuggling Iranian fuel into Pakistan, where riders say the war has triggered a new boom. Plus how does one of the world’s biggest oil producers end up short of fuel? We're in Russia where drivers are queuing for hours to fill up their tanks.

Ready, Fed, Go!

US Fed Chair Kevin Warsh who was appointed by Trump is to set to oversee his first meeting, but will he hold rates steady? In Japan, six major ice cream makers have been raided following accusations that they have unfairly raised prices. And the Boss of Mondelez who own Cadbury and Toblerone speaks on why he decided to not exit Russia despite their invasion of Ukraine. Presenter Sarah Rogers Producer: Barbara George and Aleeza Siddiq

SpaceX overtakes Amazon to become world's fifth most valuable firm

Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after a surge in its share price. Why are people keen to invest in commercial space? Also, Cuba's tourism feels the impact of US oil blockade as fewer people visit the country . We hear from a local tourist guide. And will AI replace jobs of young people? We hear from a father and daughter about the challenges of finding work in the AI world.

Why is consumer spending falling in China?

China's consumer spending and investment have fallen to levels unseen since the pandemic but what does that mean for their economy going forward? Also Donald Trump shares more details on that Iran-US deal at the G7. And we'll be finding out why tourism is declining in the Caribbean island of Cuba. Presenter Sarah Rogers Producer: Barbara George and Aleeza Siddiq

How will a US and Iran deal affect global shipping?

The US and Iran agree deal to end war and could lead to supplies of gas and oil flowing more freely across the world. We hear from the Secretary-General of the International Maritime Organization (IMO) and from one of the world's biggest container shipping firms - Hapag-Lloyd. And as the UK ban socials for under 16's is that the right approach? And how it will affecting businesses?