World Business Report

Volkswagen reports its biggest quarterly loss in more than a decade, losing almost $7 billion in three months. We look at the challenges facing the German car giant as it plans thousands of job cuts.
Also, Christine Lagarde announces she's stepping down early as president of the European Central Bank, triggering a race to replace her.
And fuel shortages loom in Kenya as independent petrol retailers clash with major oil suppliers over prices.
Presenter: Leanna Byrne
Producer: Bisi Adebayo

Microsoft and Alphabet have reported their latest earnings. We' ll be taking a look at their performance as Microsoft shares surged off the back of their results while Alphabet's took a dip.
European gas prices spiked, with a key contract hitting €100 for the first time since 2022 - but how is that affecting European manufacturers?
Elsewhere, why the passengers on a cruise ship have been left stranded in Cambodia - and a year after Hurricane Melissa, how Jamaica's tourism sector is recovering.
Presenter: Ed Butler
Producers: Barbara George & Amy Booth
(Photo: Microsoft logo and a keyboard in this illustration. REUTERS/Dado Ruvic/Illustration/File Photo)

India's biggest telecom giant, the Meta and Google-backed Jio Platforms, made its stock market debut on Wednesday.

The UK's finance minister, the Chancellor of the Exchequer, has revealed the government's budget plans for the next 12 months.

And passengers on a round-the-world cruise ship have been told to disembark in Cambodia, because the company can't afford the current cost of fuel oil.

Subscription window for Africa's "People's IPO" closes today for the Dangote Refinery in Nigeria. Which has reportedly been almost three times oversubscribed, with billions of dollars' worth of orders from retail and institutional investors. We find out what it means for investment in the continent.
The first three ships full of Russian diesel head for the US, but two of them are currently sanctioned by the EU, UK and Canada. We find out if they will be able to land and what could be the legal implications for any US companies handling the product.
China's state television company has reportedly suspended broadcasts of La Liga matches after the Real Madrid forward Kylian Mbappe appeared to call the late Mao Zedong a "Chinese dictator" on a French TV chat show. We hear about the commercial fall out.
Presenter: Ed Butler
Producer: Barbara George & George Baylis
(PHOTO: Aliko Dangote, President and Chief Executive Officer (CEO) of Dangote Group speaks during the groundbreaking ceremony for the construction of an East African oil refinery in Lamu, Kenya, September 30, 2026. REUTERS/Monicah Mwangi)

French football star Kylian Mbappé has apologised after a joke about China's former leader Mao Zedong sparked a growing boycott.Major brands have dropped sponsorship deals, while Chinese broadcasters are reportedly pulling Spanish football matches. We examine the financial fallout.
Also, Microsoft offers voluntary redundancy to thousands of workers as it increases spending on AI. What could it mean for India's IT industry?
And, is the Labubu craze over? Sales slump at Pop Mart, the Chinese company behind the viral dolls.
Presenter: Leanna Byrne
Producer: Bisi Adebayo