World Business Report

The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group's history.It brings the total number of roles the carmaker - which includes Audi, Porsche, Skoda as well as the VW brand - plans to shed by 2030 to 100,000, after announcing in March that it would cut 50,000 roles.Kenya's President William Ruto has told one of India’s major chemical companies, Tata Chemicals, to “pack up and leave”. The president says the company has not delivered enough benefits for Kenya, accusing it of exporting soda ash rather than processing more of the mineral locally.And British studio Aardman Animations, creator of Wallace and Gromit, Shaun the Sheep and many other well-loved characters, is celebrating 50 years since it was founded in Bristol by childhood friends Peter Lord and David Sproxton. Since then, its films have brought in more than $1.1 billion at the global box office and won four Academy Awards.Presenter: Bisi Adebayo Producers: Huma Shah & Guy Kilty

The LA Clippers have been fined $30 million by the National Basketball Association after an investigation revealed that the club had circumvented salary rules to channel funds to their star player Kawhi Leonard. The fine is the largest in the league’s history - the Clippers said they will appeal against the decision. Also, as the Dutch central bank moves more than 78 tonnes of gold from New York to London, presenter Bisi Adebayo looks at why countries store gold abroad in the first place. And - robotaxis have hit the streets of London for the first time, as Uber launches 15 self-driving cars. So why is there a human still in the driving seat? We find out.Presenter: Bisi Adebayo Senior producer: Craig Henderson Producer: Huma Shah

A controversial oil deal gives the United States control of more than a fifth of Venezuela’s reserves. Plus, could Kenya be running short of milk? And thousands of US sailors deployed to the Strait of Hormuz reach dry land, after a record stretch at sea. Presenter: Bisi Adebayo Producers: Victoriya Holland and Huma Shah Editor: Naomi Rainey

Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant. China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer. Presenter: Bisi Adebayo Producer: Amber Mehmood

The US and Iran exchange fire for the first time in a month, as an oil tanker reportedly hits mines in the Strait of Hormuz. We look at what the renewed fighting could mean for oil supplies, shipping and the global economy. Also, China and Russia hold talks as world leaders gather for the Shanghai Cooperation Organisation summit. And after 15 years at the top, Tim Cook prepares to step down as CEO of Apple.Producer: Bisi Adebayo Presenter:Luke Wilson

In his first speech at Jackson Hole as Federal Reserve Chair, Kevin Warsh said that while inflation data had been better than expected over the summer, it did not suggest the outlook had "meaningfully improved". However, he stressed that his remarks should not be seen as a guide to future interest rate decisions. And more than 80 British actors and voice artists are calling for stronger legal protections against AI-generated copies of their voices. Presenter: Bisi Adebayo Producer: Amber Mehmood

More oil is making its way through the Strait of Hormuz, despite the continuing war with Iran, with Kuwait and Qatar among the Gulf producers finding new ways to keep supplies moving. Could tighter restrictions on Facebook and Instagram actually make children safer online? A former Meta engineering director and whistleblower says changes agreed in a multibillion-dollar US settlement won't go far enough. And Forbes Russia has named Wildberries founder Tatyana Kim the country's wealthiest woman, despite Ukrainian attacks on the company's warehouses.

Meta, the parent company of Facebook and Instagram, has agreed to an $18bn settlement with 29 US states over claims that its platforms harmed children. The deal, which is subject to court approval, would require Meta to introduce new rules for teenage users, including daily limits and overnight blocks. The collapse of what was once one of China’s biggest property developers is now threatening to become a multi-billion-dollar headache for PwC. A Hong Kong judge has ruled that Evergrande’s liquidators can pursue PwC’s global organisation, as well as its Chinese affiliates, over alleged audit failings. They’re seeking around $8.4bn in damages. And Dolly Parton, one of country music’s biggest stars, has died aged 80. She sold more than 100 million records during a six-decade career, while building a business empire spanning music publishing, film, television and her Dollywood theme park.

We take a look at what the latest US sanctions could mean for Iran's trading partners. Plus, India's taking "express" action to bring down soaring onion prices, and Lego has built record sales. Presenter: Bisi Adebayo Producer: Barbara George

What could new sanctions mean for Iran's economy and its trading partners? Meanwhile, President Trump announces plans for a 50% tariff on Canadian vehicles from 2027. Also, Singapore announces a $55,000 incentive aimed at encouraging people to have more children. And China showcases its growing humanoid robot industry.Presenter: Bisi Adebayo Producer: Niamh Mc Dermott

A strong weather system which causes the globe to heat up is already having an impact on business with the Panama Canal reducing the number of ships which can pass through and certain food prices in India risingJapan's inflation hits its highest level of the yearand the Golden Ball - why a football could sell for $10 million

Moderna shares soared more than 172% after strong results for its vaccine for melanoma skin cancer. Elsewhere, the Evergrande saga came to a dramatic conclusion in a Shenzhen court. And what will Walmart spend its $3 billion Trump tariffs rebate on?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.

The US has paused 50% tariffs on Canada, hours before they were due to come into effect as the countries firm up a trade deal. Donald Trump said a deal has been reached, but the Canadian Prime Minister Mark Carney said there was still important work to be done.In China, the world's biggest humanoid robot manufacturer, Unitree Robotics, has seen its share price soar more than 500% on its stock market debut in Shanghai.And why are businesses banning Meta smart glasses?Presenter: Luke Wilson Producer: Niamh Mc Dermott