World Business Report

Workers at Samsung Electronics in South Korea have voted for a massive pay deal. It will mean some workers – particularly those in the AI chip department – receiving a bonus of more than $400,000. Also in the programme, why it's going to be a very expensive Eid al-Adha this year for Muslims due to global inflation.

Presenter: Leanna Byrne
Producer: Barbara George

Oil giant BP has removed its chairman Albert Manifold with immediate effect over concerns including "bullying" and "overbearing" behaviour by him
Petrol and diesel prices in India continue to rise, reflecting a weak rupee, heavy taxes and lingering geopolitical risks.
And EU agricultural ministers met in Brussels today to come up with a long-term strategy to solve the rising cost of fuel and fertiliser facing farmers. But will this stop the ongoing protests?

Former F1 team manager Professor Andrew Graves gives us his take on Ferrari's electric gamble as they unveil their latest product, an electric vehicle they are calling the Luce. And we hear from an Indian fruit farmer as their mango crop is crushed by extreme weather.

Pope Leo has warned that artificial intelligence poses potentially existential risks to humanity and should not be used to concentrate power in the hands of just a few people.
Oil prices have fallen sharply on hopes of a deal that could bring an end to the US-Israel war with Iran.
And the Italian luxury car giant Ferrari has launched its first ever ever fully electric vehicle called Luce, with a price tag of almost 600,000 dollars. So what does this mean for the electric car market?

The Finnish company behind the brand Oura, the maker of the health and wellness tracking ring has now filed to become a public company in the U.S. The company is valued at about $11 billion. And Pope Leo has raised his strong concerns on the development of Artificial Intelligence.