World Business Report

France which is Europe's second largest economy - woke up to an unexpected result in the second round of its general election. Projections showed the far-right National Rally had failed to win a majority. It had been the largest party after first-round voting - but today, the left-wing coalition, the New Popular Front, has most seats, while President Macron’s centre alliance came second. Sam Fenwick gets reaction from businesses and economists about what the result of a hung parliament in France could mean. So, from one election without a clear winner to another with a very clear outcome; UK Labours new Chancellor of the Exchequer, Rachel Reeves, outlines her plans for delivering economic growth. And Boeing has agreed to plead guilty to a criminal fraud conspiracy charge stemming from two crashes of 737 Max jetliners that killed three hundred and 46 people. As part of the plea deal, Boeing will pay a criminal fine of nearly $250 million.

After a momentous change for British politics, the new Prime Minister, Labour's Keir Starmer has been welcoming in his new cabinet. And amongst the members of his top team was the country's first ever female finance minister. Also, in the programme, Devina Gupta looks at the big elections showdown in France this weekend. And the boss of Esports World Cup joins us from Saudi Arabia to talk about allegations of Sports washing.

On World Business Report we have a panel of experts who have been there and know how it works to explain how markets have reacted to the news of a new UK government, ways to boost economic growth and how, practically does Britain's new finance minister get started in a new job?France also prepares for the second round of its election on Sunday, we hear how businesses are trying to navigate the current political uncertainty there.

Millions of people voted at the UK General election. Rahul Tandon finds out what the exit polls tell us about how the contest could go and what it means global economy.

Will Bain finds out more about the malaria vaccine that scientists and economists think could save some economies millions…Also, those EU tariffs on Chinese electric cars have come into force - we'll look at what that might mean next…And finally, we're off for a spot of wine tasting.

Hurricane Beryl has hit Jamaica, bringing with it catastrophic damage. A number of people have already been killed in the path of the storm, including in Grenada, as well as St Vincent and the Grenadines. Devina Gupta talks to local business owners and finds out how climate change is impacting insurance companies across the globe. Also, in the programme, we talk to Austin D. Goolsbee, president of the Chicago Federal Reserve. We also take a look at the UK’s general election and one of the big voter issues - the price of buying a home.

The UK is less than 24 hours away from polls opening in a landmark general election. The next government will inherit a low growth economy and a complicated relationship with its biggest trading partner, the European Union. Waiting lists within the National Health Service, and rise in the cost of living have been among the major issues during the campaign.

President Joe Biden has called on major drug companies to cut the price of weight loss medication Hurricane Beryl, a category 5 storm is heading towards Jamaica. We hear more from disaster modeller Enki Research And Jayson Tatum will sign a five-year deal, worth $314 million dollars with the Boston Celtics, making it the largest contract in NBA history.

The head of IEA Dr Fatih has told World Business Report that unless the thousands of currently operating coal plants around the world are retired early the world has zero chance of keeping global warming within 1.5 degrees. He speaks exclusively to Rahun Tandon on this issue.Sri Lanka is set to save $5 billion following a restructure of its bilateral debt, much of which is owed to China. A deal has been reached to cut the interest rates Sri Lanka pays.And people in the United Kingdom are getting set to cast their votes in the general election on Thursday.The Conservative party have been in government for 14 years, but they're behind in the polls - so there could be a change of leadership in the UK over the next few days – former USA ambassador to the UK Matthew Barzun explains how a change in government can affect trading relationships between the US and the UK.

Lawyers representing family members of victims tragically killed in the Boeing plane crash say they will be offered financial compensation. Rahul Tandon speaks to Paul Njoroge who lost his family in an Ethiopian plane crash.Plus, we get French market reaction to the first round of the country's elections....and South Africa's new cabinet is announced - what will be first on its economic to-do list?

In a 6-3 vote, the US Supreme Court killed a legal precedent that conservatives have attacked for decades, known as the "Chevron deference". The court decided in 1984 that judges should defer to federal agencies in interpreting ambiguous parts of statutes. However, from now on the courts alone will decide. Roger Hearing speaks to our reporter Nada Tawfik who tells us more about the Chevron Deference and a scientist who is among those opposing the judgement.As Iran votes in a new president, what are the economic challenges the new man will face? Kenyan police have arrived in Haiti to try to tackle the endemic gang violence there - a Haitian professor tells us what difference they're likely to make. We hear from a gang leader and Professor in Haiti. And it was the busiest day ever for American air travel - a big post-covid recovery - but do the airlines and airports have enough capacity?

President Javier Milei’s plans to slash public spending has been approved by Parliament. Devina Gupta speaks to reporter Natalio Cosoy based in Argentina about what this controversial approval could mean for ordinary citizens.We head to India's capital city - Delhi which has seen its highest rainfall in over 80 years.And find out how investors are reacting to two big upcoming elections - the US and France.

The Supreme Court has blocked a $6bn settlement that shielded the Sackler family, who own Purdue, from future legal action. The pharmaceuticals company is widely blamed for the US opioid crisis. We dig into what the ruling means.Meanwhile, we speak to two executives heading the $2bln Korean company behind "webtoons", which has just launched on the Nasdaq stock exchange. And India's government looks into reports that iPhone maker Foxconn is excluding married women from working at its main factory.

We head to Kenya where a day after President Ruto rolled back controversial tax increases, young protestors are still out on the streets . As police fire tear gas to try and disperse crowds, Devina Gupta finds out what the impact has been on daily life and businesses. Also, how families in Zambia are struggling with rising costs, driven by a prolonged drought. From the US - what to expect in the first presidential debate today, and why pharmacy chain Walgreens is shutting a significant number of stores.

In Bolivia, factions of the military have attempted to enter the presidential palace in what's being described as an attempted coup. We dig into what might be behind the movement. Elsewhere, Roger Hearing looks at the latest in Kenya following deadly riots. And we hear from the Dubai boss of one of the world's largest free trade areas, who has defended its policy to continue trading even with countries locked in conflict.

Kenya’s President has declined to sign a contentious finance bill that has sparked nationwide deadly protests. The bill has been sent back to parliament for amendments. Leanna Byrne speaks to a Kenyan influencer who explains how the proposals could affect her work.Volkswagen has jolted the electric vehicle industry by partnering with an EV start-up... We'll get the ins-and-outs of that deal. And the Japanese yen has dropped to its lowest level in 34 years, which has people wondering: Will the government intervene?

Presenter Rahul Tandon examines the widespread protests over tax rises taking place in Kenya. Many young people are involved in the demonstrations across the country.We hear from an informal advisor to Donald Trump about what the former President’s economic vision will be if he is elected again. Deadly heat waves are becoming more intense and frequent across different parts of the globe. We are in India to hear how this is affecting the rural poor.

Some of the world's largest music labels are suing two artificial intelligence firms, claiming they are training their models with copyrighted music.Elsewhere, Rahul Tandon looks into the latest fight Apple is facing in the EU, and why there's trouble rumbling in the Premier League.

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 working during extreme heat and a deal looks finally sealed to sell Queen's back catalogue...the most valuable in rock.

We look into the booming religious tourism sector and its challenges, amid hundreds of pilgrim deaths in Saudi.Elsewhere, Rob Young looks into the latest US inflation data and asks why a former football star is turning his eye to African fintech.