Business Matters

A Swiss court has sentenced four members of the UK's richest family to prison sentences ranging from four to four-and-a-half years.Prakash and Kamal Hinduja as well as son Ajay and his wife Namrata were found guilty of exploitation - usury in the Swiss penal code - and illegal employment.Also, in the programme, Rahul Tandon finds out how Canadian farmers are coping during the extreme heat and we look at how a deal looks finally sealed to sell Queen's back catalogue...the most valuable in rock.

The inflation is the rate at which prices increases - so when we say the inflation rate is slowing down it does not mean that prices are falling . So we wanted to discuss why inflation is still so sticky with someone in the US who has been looking at it for some time - someone involved in those crucial decisions on interest rates Rahul Tandon spoke to Austin Goolsbee President of the Federal Reserve bank of Chicago one of 12 Reserve banks in the US.

Intense heatwaves hit Saudi Arabia, India and Southern Europe. We ask, what’s the impact?Ecuador has experienced a nationwide blackout And government debt worldwide is four times what it was in 2000. We hear more from UNCTAD economist Carlos Razo

President Putin has arrived in Pyongyang on a state visitPresident Biden has announced a new policy that would protect hundreds of thousands of undocumented spouses of US citizens from deportation.Boeing's boss Dave Calhoun faces tough questions from lawmakers about the companies culture

United States Surgeon General, Dr. Vivek Murthy, has called for a warning label to be placed on social media platforms advising of the damage to adolescents’ mental health.In a historic move, the governor of a US state has pardoned more than 175,000 marijuana convictions.The BBC’s Ed Butler explores ‘over tourism’, where locals feel left out of tourist hotspotsAnd The Pixar film Inside Out 2 has dramatically exceeded ticket sales predictions on it’s opening weekend, bucking a trend of poor performances from new film releases. We ask why?

Tesla shareholders say Elon Musk is entitled to a $56 billion pay package. after a US court invalidated it.. Presenter Devina Gupta asks how much should the head of one of the world's top tech companies be paid?Disney and Governor Ron DeSantis of Florida come to an agreement after a feud over $17 billion in planned development at Walt Disney World. Disney say the deal will fuel new investment. The U.S. Supreme Court has backed Starbucks challenge to a judicial order to rehire seven Memphis employees. They were fired as they sought to form a union.(Photo: Elon Musk Credit: REUTERS/Gonzalo Fuentes/File Photo)

Shares in several Chinese electric car companies have taken a hit after the European Union imposed new tariffs. The trade barriers have been introduced because the EU says Chinese state subsidies make competition unfair. Our guests from China and the US present their arguments about the on-going issue.Interest rates in the US remain at a 23-year high and inflation is forecasted to rise. Sam Fenwick finds out how consumers are feeling, and the ways businesses are trying to find extra revenue.We’re joined throughout the programme by two guests on opposite sides of the world – Tony Nash - CEO of Complete Intelligence, based in Houston, Texas and Karen Percy, senior freelance reporter in Melbourne.[IMAGE CREDIT: PA]

We begin the show with Hollywood where the future of media giant Paramount Global is uncertain after billionaire Shari Redstone, who holds a controlling share in the company, ended negotiations for a potential merger with Skydance Media. Paramount’s shares have consequently dropped by more than 8%. The decision to end the talks comes after a sales process that many in the industry have described as chaotic. Away from showbiz, Mexico is grappling with their currency value after the country elected its first female president Claudia Sheinbaum. Her controversial plans to overhaul the judiciary by directly electing top judges has caused the peso to fall 2% against the dollar. It’s lost about 8% since her victory on June 2nd but is a recovery on the horizon? Sam Fenwick finds out why the markets are so concerned about the reforms.And, we look at how Taiwan is wrestling through an energy crunch to remain the world’s semiconductor powerhouse – but is there enough energy and electricity for chipmakers to sustain its

As one Silicon Valley titan unveils its latest Apple Intelligence software, we examine the generative AI that's creeping onto a smartphone near you - just how unnerved should you be? Plus, the concept of subscription streaming arrives in the world of console. Ed Butler examines if it is worth the cost…And intimacy at the office - is BP right to demand that all its workers to fess up about their workplace love affairs? Sharing their thoughts we speak to Yoko Ishikura, Professor Emeritus at the Hitotsubashi University in Japan and currently a member of the World Economic Forum’s Expert Network, while here in the UK, we have Stephanie Hare, writer, journalist and all-round luminary on tech, ethics and much more.[MAGE CREDIT: REUTERS]

The United States releases jobs data. More than a quarter of a million new ones were added last month suggesting the world's largest economy remains buoyant. In South Korea workers at the country's biggest company ,Samsung. have staged industrial action for the first time in the company's more-than fifty-year history. The BBC’s Sally Nabil reports from Cairo. Egypt is increasing the price of subsidized bread by 300 per cent. And the T20 cricket world cup tournament is being held in the US for the first time ever.We were joined by ABC's senior business correspondent Peter Ryan and Technology journalist Takara Small Mandatory Credit: Photo by JIM LO SCALZO/EPA-EFE/REX/Shutterstock (14001465b)

The European Central Bank has announced a cut in its main interest rate from an all-time high of 4% to 3.75%. A Norwegian mining group has confirmed that it's discovered the largest deposit of rare-earth minerals in Europe. Mike Lynch, the man once known as Britain’s Bill Gates, has been acquitted of the charges against him by a court in San Francisco. We look at the impact of the new wave of injectable diabetes and weight loss drugsAnd Virgin Australia plans to allow dogs and cats to fly in the main cabin on its flights.(Credit: European Central Bank. Photo by FRIEDEMANN VOGEL/EPA-EFE/REX/Shutterstock)

Major Republican donors have backed Donald Trump despite his conviction in a hush money case. Presenter Devina Gupta discusses how there is still huge financial backing for the former president. Plus, with Mexico expected to elect its first-ever female president, we examine the economy she inherits, and what her economic priorities likely to be. And, the owner of Worldle, a geography-based spinoff of the hit online game Wordle, tells us how he faces a legal challenge from the New York Times. (Photo: Donald Trump Credit: Peter Foley EPA-EFE/REX/Shutterstock)

UN Secretary General Antonio Guterres called coal, oil and gas corporations the “godfathers of climate chaos” who had distorted the truth and deceived the public for decades. He said that just as tobacco advertising was banned because of the threat to health, the same should now apply to fossil fuels. Also in the programme, Rahul Tandon talks about Canada's interest rate cuts and finds out why a Hollywood film studio is refusing to release a film.Our guests are Simon Littlewood and Michael Malone. (Photo: A logo on a Shell petrol station. Credit: Reuters)

Modi-led alliance claims victory in India’s general election despite having many critics of high unemployment figures and slow economic growth there. What look at what this means for the Indian economy. We hear from local reporters, economists and business owners in India. (Picture: Indian PM Modi speaks to supporters at the BJP headquarters, in New Delhi. Picture credit: Reuters)

Mexico's first female president, Claudia Sheinbaum, breaks a political glass ceiling and she wins the election. However, following the victory, investors have been reacting rather negatively. They’ve been selling off pesos—Mexico’s currency—over fears of radical constitutional changes. The peso slipped about 3% against the dollar, its lowest level since November last year. How will it affect local business owners and the economy?Also, in the programme, Sam Fenwick finds out why the boss of the World Bank, Ajay Banga, thinks it’s time for emerging economies to stop relying on infinite streams of cash from other governments. (Photo: Sheinbaum wins Mexico's presidential election. Credit: Reuters)

As an intense heat wave sweeps across the north and west of India, Rahul Tandon looks at the impact of this on the world’s fastest growing economy.The price of heavily subsidised bread in Egypt is to quadruple from June. The BBC’s Sally Nibil explains just how significant the news is and why the subsidy is such an important source of government support for the less well off. And as the former co-working giant WeWork looks to be on the verge of agreeing a deal that could see it emerge from bankruptcy, we look at how reduced demand for physical office space around the world has affected the sector.Talking about these - as well as other big business stories from around the world, Rahul Tandon is joined by Rebecca Choong Wilkins, Bloomberg Senior Asia Correspondent in Hong Kong and Sushma Ramachandran, Independent journalist and columnist with the Tribune newspaper, in Delhi, India. (Picture credit: Hindustan Times/Getty Images)

We ask the founder of Argentina's biggest start-up about what his country's president, Javier Milei, hopes to achieve from private talks this week with the CEOs of Google, OpenAI, Meta and Apple.Elsewhere, Rahul Tandon looks into the latest data from the US economy, as businesses weigh up who to vote for in the elections later in the year.(Photo: Argentina's President Javier Milei gestures to supporters in Cordoba, Argentina. Credit: Reuters)

French President Emmanuel Macron is on the final day of his state visit to Germany, where he will be discussing how Europe can catch up with the US and China.Also Rahul Tandon is joined by guests to discuss the upcoming elections in South Africa and Mexico, and the battle over a multi-billion dollar shipwreck in Colombia.(Photo: France and Germany's leaders wave together. Credit: EPA-EFE/REX/Shutterstock)

Families of the victims of a school mass shooting in Uvalde, Texas two years ago, have announced lawsuits against Instagram's parent company Meta, the maker of the video game ''Call of Duty'' and a gun manufacturer.Devina Gupta finds out why Eli Lilly is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana and how the National Collegiate Athletic Association (NCAA), which governs university sports in the US, has reached a deal that could lead to college athletes getting paid.(Picture: Microsoft buys Activision, in New York City. Picture credit: Reuters)

US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry. The lawsuit from the Department of Justice said the firm's practices had kept out competitors, and led to higher ticket prices and worse service for customers.Also, Devina Gupta finds out how Russian president Vladimir Putin could use US property in the country to compensate for frozen Russian assets. And why one of Australia’s biggest banks, the Commonwealth, is predicting the country will become cashless by 2026.(Picture: The logo for Live Nation Entertainment is displayed on a screen on the floor at the NYSE in New York. Picture credit: Reuters)