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World Business Report: Daily Summaries Delivered
by BBC World Service
The latest business and finance news from around the world, on the BBC.
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- Today8 min
Luxury fashion houses bag a return to sales growth
Jewellery and a strong North American market helped luxury goods giants LVMH and Kering grow sales even as promblems in the Middle East and China hampered the sector overall. We get insight from the former head of LVMH's head of North America. Elsewhere, it's "the same again" for tech investors in Asia, as trading on the Kospi index is holted to stave off a rout after Korean chipmakers SK Hynix and Samsung saw further sharp falls in their share prices. 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.
- Yesterday26 min
Is the World Cup up for sale?
FIFA faces a backlash from UEFA over plans to create a new company with private investors to run major tournaments, including the World Cup. So what could this mean for the future of football?Some of the world's biggest tech companies, including SpaceX and Tesla, have seen sharp falls in their valuations. What's driving the sell-off, and is it likely to continue?Peru has sworn in its first female president. What challenges lie ahead, and what could her presidency mean for the country's political future?(Picture: FIFA President Gianni Infantino arrives at the stadium before the match REUTERS/Agustin Marcarian/File Photo)
- Yesterday8 min
AI investors spark Asia shares sell-off
South Korea's Kospi index halts trading after huge falls for tech stocks like Samsung and SK Hynix. Are investors starting to fear the arrival of Chinese AI chipmakers? Also, firefighters in France and Spain are continuing to battle wildfires that have forced hundreds of thousands of people from their homes and seen tens of thousands of businesses forced to close. And one of London's most iconic landmarks is looking for an apprentice.
- Yesterday26 min
Spains tourism is at tipping point
From Barcelona to Mallorca, anti-tourism protests have spread as residents say booming visitor numbers are driving up costs and putting pressure on local communities.Wildfires are threatening France's famous Bordeaux wine region, with tourists urged to stay away as the flames spread.And why Germany is making it harder for workers to call in sick.(Picture: A demonstrator carries a placard during a protest against mass tourism and gentrification in the Balearic Islands, in Palma de Mallorca, Spain, Credit: REUTERS/Francisco Ubilla)
- 2 days ago8 min
Wildfires hit businesses across France and Spain
Wildfires are disrupting businesses, transport and tourism across France and Spain at the height of the summer holiday season. Also in the programme, China's leading memory chip maker makes a blockbuster stock market debut. And Indonesia faces fresh economic uncertainty after the surprise resignation of its central bank governor.
- 5 days ago26 min
Paramount Skydance pauses its $110bn acquisition of Warner Bros Discovery
Paramount agrees to pause its Warner Bros deal after dozen US states seek to block this deal. We look at the impact of US tariffs of between 10 and 12.5% on imports from many of America’s major trading partners. And how OpenAI's recent rogue attack on a fellow company may influence other AI firms to look at their cyber security systems.(Picture: GV of American landmark the Hollywood sign, Hollywood Hills, LA, California. Credit: BBC)
- 5 days ago8 min
Trump's favourite word is back
New import taxes have been placed on more than 60 trading partners of the United States. Businesses in Australia and Norway give us their reactionTech stocks continue to struggleand should AI have a 'kill-switch'Presenter: Barbara George Editor: Justin Bones
- 6 days ago26 min
Yemen's Houthi attacks create more uncertaincy for the oil markets
Oil prices hit $100 a barrel for the first time since May as the escalating conflict in the Middle East reignites fears for global energy supplies. Rising oil prices are impacting many industries including the travel sector. We speak to founder of Omio - one of the world's leading travel tech platforms. And the World Bank estimates Venezuela's earthquakes caused $19.6bn in damage. Where will they get the money to rebuild?(Picture: Wall tiles detached by the earthquake - stock photo. Credit: Getty Images)
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