World Business Report

Independent panel finds City guilty on more than 100 charges after a lengthy investigation into financial rule breaches.
Talks between US and China continue during President Xi's visit to Washington DC.
And nearly three million Volkswagen and Audi cars are being recalled worldwide over a steering problem.

Both leaders toasted each other, agreed to an economic future together and little concrete has been announced.
We hear how the visit has been received in both China and the US.
Also, we hear from the boss of a shipping company on the challenges of navigating attacks and disruption, and also what it’s meant for his bottom line.

On today’s episode, we take a look at the stories shaping global business and markets.
We discuss China’s state visit to the United States with Claire Reade, exploring the key issues and what the visit could mean for relations between the two countries.
Cary Leahey joins us to discuss what’s trending in the markets, from the latest moves to the themes investors are watching.
We also look at the UN’s conference on scams and the growing international focus on scam operations linked to Cambodia.
And could the growing popularity of high-protein diets be putting the food industry under pressure? We examine how changing consumer habits are affecting the businesses behind the trend.
Finally, we turn to Turkey, where the founder of an investment fund at the centre of an alleged eighteen-billion-dollar Ponzi scheme has been arrested. We speak to Piotr Zalewski, The Economist’s Turkey correspondent in Istanbul, about the allegations, the scale of the scandal and what it means for Turkey’s financial sector.

Xi Jinping has arrived at the White House to hold talks with Donald Trump, as the world's two biggest economies agree to extend their trade truce by two months
China's stock markets have had their worst trading day in a month, with investors frustrated at the news.
Elsewhere, Cambodia's Prime Minister has insisted the country will no longer be a haven for scam centres as a summit takes place there to tackle the issue.
It's estimated millions of workers around the world may have found themselves incarcerated, beaten or even electrocuted, before being forced to scam victims online.

China's Xi Jinping visits Washington for a meeting with President Donald Trump.
Also, how Cambodia is fighting financial scams.
And why McDonalds is betting big on chicken.
(Picture: U.S. President Trump Meets With China's President Xi At Zhongnanhai. Credit: Getty Images)