World Business Report

A controversial oil deal gives the United States control of more than a fifth of Venezuela’s reserves.

Plus, could Kenya be running short of milk?
And thousands of US sailors deployed to the Strait of Hormuz reach dry land, after a record stretch at sea.

Presenter: Bisi Adebayo
Producers: Victoriya Holland and Huma Shah
Editor: Naomi Rainey

Escalating conflict in the Gulf is pushing oil prices ever higher. We explore the connection between energy prices and government borrowing to find out why falling bond prices across the world matter to jobs and inflation.
The appearance of Russia's finance minister at the G20 talks in North Carolina caused some awkwardness among his European counterparts. Beyond the embarrassing family photo shoot, we try to find out what Russia hoped to gain from the summit.
And after almost 20 years without turning a profit, Victoria Beckham's fashion and beauty business has finally turned a profit. What's changed?
(Picture: A passerby walks past a screen showing the yield on the 10-year Japanese government bond in Tokyo, Japan, 31 August 2026. Credit: Franck Robichon,EPA/Shutterstock)

Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant. China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer.
Presenter: Bisi Adebayo
Producer: Amber Mehmood

In the 15 years since he's been charge at Apple, Tim Cook has turned the consumer tech company into a multi-trillion dollar success. What does new CEO John Ternus need to do to keep Apple on top?
Also, what's on the minds of those running the world's biggest economies? We take the temperature at the G20 summit in North Carolina.
And as Sony Music Publishing and Warner Chappell become the latest industry names to take legal action against an AI giant, we speak to someone at the heart of the debate: a real-life musician.
Photo: REUTERS/David Swanson

The US and Iran exchange fire for the first time in a month, as an oil tanker reportedly hits mines in the Strait of Hormuz. We look at what the renewed fighting could mean for oil supplies, shipping and the global economy.

Also, China and Russia hold talks as world leaders gather for the Shanghai Cooperation Organisation summit.

And after 15 years at the top, Tim Cook prepares to step down as CEO of Apple.
Producer: Bisi Adebayo
Presenter:Luke Wilson