World Business Report

Japan's Yen drops to its weakest level in nearly 40 years. One business owner in Tokyo tells us the company is struggling to hang on.
Are further interest rate rises on the way for the Eurozone? We ask a leader at the European Central bank forum.
And a new deal for steel as the EU prepares to bring in tighter rules.

Andy Burnham has unveiled his plan to spread economic growth beyond London as he moves closer to becoming Britain’s next prime minister. We ask whether devolution — giving more power to England’s regions — could boost growth, and what it would mean for businesses.
Also on the programme, the US Supreme Court blocks President Donald Trump’s attempt to remove a Federal Reserve governor, in a ruling that could shape the future independence of America’s central bank. We also ask why Comcast has decided to split its business while rivals are getting bigger, and we hear how the FIFA World Cup is already boosting spending in US host cities.
(Image: REUTERS/Temilade Adelaja)

South Korea has announced plans to pump in least $880bn to strengthen its semiconductor industry and artificial intelligence capabilities in the coming years.
And Comcast prepares to spin off NBCUniversal and Sky in a major media shake-up.

New Yorkers breathed a sigh of relief at the news of a rent-price freeze for a million apartments. In a recent win for Mayor Zohran Mamdani, a housing board approved his pledge to prevent leases from going up and we hear about what this means for both the landlords and tenants. Our market expert also explains the potential pros and cons of this.
And, as Europe's heatwave persists with temperatures reaching highs of 40C, we find out whether the region's infrastructure is prepared for this kind of weather, and what we can learn from other countries with naturally warmer climates. We also speak with a dairy farmer on how this has affected their business.

Asia is bearing the brunt of the latest technology stock sell-off, as concerns that the excitement around artificial intelligence may have pushed prices too high.
The late arrival of India's monsoon and below-average rainfall are causing concern for the country's 300 billion dollar agriculture sector.
And King Charles’s property management firm, the Crown Estate, has made a profit of more than £1bn for the third year running.