World Business Report

Europe's carmakers are facing challenges from every direction. With Jaguar Land Rover announcing 4,000 job cuts worldwide and Volkswagen's plans to cut 50,000 jobs, we look at why some of the industry's biggest names are feeling the strain. And how much of this is being driven by the changing market in China?
The boss of the biggest UK headquartered tech firm, chip design company Arm Holdings, has said that AI will find a cure for cancer that humans can not in our lifetimes; he also thinks that AI will lead to the widespread manufacture of humanoid robots in the next five years.
And we look at why the European Union is betting big on Greenland.
(Image Credit: EPA/Shutterstock)

A victory for the far-right in Germany the AfD fuels calls for faster growth in Europe's biggest economy as businesses call for an economic reform.
Meanwhile China pumps tens of billions of dollars into its banks to try and boost growth.
And Jaguar Land Rover becomes the latest carmaker to cut thousands of jobs
Presenter: Luke Wilson
Producer: Barbara George

It is birthday celebrations for Aardman Animations. The award-winning British studio behind Wallace and Gromit and Shaun the Sheep celebrates 50 years since it was founded in the UK.
And we head over to the US as their latest figures shows they added more jobs than expected but wages are still falling behind inflation. While in Canada, job losses are hitting their retail and finance sectors. We hear from businesses across the two countries about the challenges they are facing.
(Photo: Aardman characters Wallace and Gromit. Credit: PA)
Presenter: Andrew Peach
Producer: Barbara George
Editor: Stephen Ryan

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 "supersized" El Niño weather system is hitting the global economy, with cocoa farmers in Ecuador already seeing prices for their products fall.
As the Panama Canal operator limits the number of vessels passing through the waterway, we ask what further trade shocks are to come.
And US basketball team the Los Angeles Clippers has been hit with a record $30 million fine by the National Basketball Association for violating salary rules. What will it mean for the team and for the game?
Photo: Reuters/Enea Lebrun