World Business Report

Big banks, big profits...We're looking at the handsome results posted by five big US banks today.
We'll also look at threats to wheat exports in both Russia and the United States
And why is American beef so pricey at the moment?
(Picture: Close-up of benjamin franklin on scattered one hundred dollar bills. Credit: Getty Images)

US banks see supersized profits as dealmaking streak continues, but will US households feel any richer after inflation data showed gasoline prices at the forecourt eased for drivers. Video conferencing app Zoom has predicted a three-day working week as AI boosts worker productivity...but do bosses agree? And what will the fallout be for Paramount and Warner Brothers after their media mega-deal hit a regulatory roadblock?

Twelve US states sue Paramount Skydance over its planned takeover of Warner Brothers. We hear from California's attorney general Rob Bonta who's leading the charge against that proposed 81 billion dollar Hollywood merger.
Plus, South Africa's biggest diamond mine pauses production for two years. Find out why?
And what would you pay for a bit of trash from Taylor Swift's wedding?
(Picture: California Attorney General Rob Bonta holds a press conference next to the iconic Hollywood sign, in Los Angeles. Credit: Reuters)

One man's trash is another man's treasure, but would you pay $25 for a cube of rubbish collected outside Madison Square Garden where Taylor Swift and Travis Kelce were married? The Strait of Hormuz is effectively closed, with BBC Verify finding that only a handful on vessels crossed the body of water in the last 24 hours after tensions increased between Iran and the US. Also, we head to Delhi were new electric vehicle policies aimed at cleaning the air have been criticised by rickshaw and moped drivers. World Business Express - Finance, economy and business news from BBC journalists around the world.

Tough times for the gaming industry after news of more lay-offs, this time at Microsoft's Xbox gaming division, Will Bain asks developers and designers if it's all doom and gloom, and what challenges like ahead.
And authorities are carrying out investigations after a Ryanair passenger was partially sucked out of a Boeing 737 when a cabin window shattered mid-flight, thousands of feet in the air. We speak to an aviation safety expert about what that investigation might look at and what the incident means for the airline industry.