World Business Report

Tourism is taking a hit as an intense heatwave grips Europe. Several countries have issued red weather alerts as temperatures soar. We hear from tourists and a tour guide sweating it out in Paris.Oil prices have fallen to their lowest point since the war began. But when will consumers feel it? Around the world, gamers are bracing to spend $80 on Grand Theft Auto VI.And we speak to the CEO of Patreon on why the creator economy is booming and who's actually making money from it?Presenter: Leanna Byrne Producers: Rob Cave and Niamh Mc Dermott

Farmers across Europe are trying to protect their crops as an intense heatwave grips the continent. Several countries have issued red weather alerts as temperatures soar.Meanwhile, an operation is under way to evacuate thousands of seafarers stranded in the Strait of Hormuz.Why have fuel sales to the public been suspended in Russian occupied Crimea?We also look at how trade between the UK and the EU has evolved a decade after BrexitAnd what's going on with Space-X shares now?Presenter: Leanna Byrne Producers: Rob Cave and Niamh Mc Dermott

Sir Keir Starmer says he will step down as Labour leader and UK prime minister. What does the political uncertainty mean for the British economy? Cape Verde has become one of the stories of the FIFA World Cup - what impact is the tournament having on its economy? And Alan Greenspan, the longtime chair of the US Federal Reserve, has died aged 100. We’ll hear from the former Bank of England governor, Mervyn King, on Greenspan’s impact on the American economy. Presenter: Andrew Peach Producer: Rob Cave and Haider Saleem

The World Cup hydration breaks are giving players the chance to cool off, but we look at why this is an advantage for advertisers. Venice is now charging day-trippers up to $11 to enter the city in the latest efforts to tackle over tourism, we take a look at what impact this will have on local businesses. And the Toy Story 5 film is out today, we take a look at why the film's franchise has been a huge success for over three decades. Presenter: Vishala Sri-Pathma Producer: Barbara George and Parisa Qurban

The US has lifted its Iran naval blockade following the US-Iran deal. Both countries have signed a deal but what does it actually mean for the two nations? We head to Cuba where the government’s unveiled sweeping reforms, trying to steady an economy that’s really under pressure. And the Governor of Massachusetts has unofficially "legalised" the Scottish dish haggis, as the state continues to welcome Scotland fans during the World Cup. Presenter: Vishala Sri-Pathma Producer: Barbara George and Parisa Qurban

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.

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.

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?

Elon Musk has become the world's first trillionaire after SpaceX shares soared following the company's stock market debut in New York. Andrew Peach examines what's driving the company's remarkable rise from its Starlink satellite business to the enduring appeal of the Musk brand.Also on the programme, Switzerland is preparing to vote on proposals to limit population growth. But could restricting migration come at a cost to the country's economy?And we'll assess the legacy of one of the art world's biggest names, as David Hockney dies aged 89, and ask what continues to make his work so sought after and valuable.(Picture: A billboard of SpaceX is pictured on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. REUTERS/Jeenah Moon)