World Business Report

South Korea has announced plans to pump in least $880bn to strengthen its semiconductor industry and artificial intelligence capabilities in the coming years.
And Comcast prepares to spin off NBCUniversal and Sky in a major media shake-up.

New Yorkers breathed a sigh of relief at the news of a rent-price freeze for a million apartments. In a recent win for Mayor Zohran Mamdani, a housing board approved his pledge to prevent leases from going up and we hear about what this means for both the landlords and tenants. Our market expert also explains the potential pros and cons of this.
And, as Europe's heatwave persists with temperatures reaching highs of 40C, we find out whether the region's infrastructure is prepared for this kind of weather, and what we can learn from other countries with naturally warmer climates. We also speak with a dairy farmer on how this has affected their business.

Asia is bearing the brunt of the latest technology stock sell-off, as concerns that the excitement around artificial intelligence may have pushed prices too high.
The late arrival of India's monsoon and below-average rainfall are causing concern for the country's 300 billion dollar agriculture sector.
And King Charles’s property management firm, the Crown Estate, has made a profit of more than £1bn for the third year running.

FIFA is blocking logos from brands like Levi's, Heinz, and Beats at the World Cup. We find out why, and how the banned brands are turning the ban into a viral marketing moment.
Micron Technology has overtaken Meta, Tesla, and Apple in market valuation, but most people have never heard of it. So what does this chipmaker actually do, and how much is it cashing in on the AI boom?
The International Maritime Organization has "temporarily" paused its sailor evacuation plan in the Strait of Hormuz after a cargo ship was attacked. So what does this mean for the 11,000 seafarers still stranded?
Plus, can Toy Story help Disney's new CEO get the magic back?
Presenter: Leanna Byrne
Producers: Rob Cave and Niamh Mc Dermott

Tourism is taking a hit as an intense heatwave grips Europe. Several countries have issued red weather alerts as temperatures soar. We hear from tourists and a tour guide sweating it out in Paris.
Oil prices have fallen to their lowest point since the war began. But when will consumers feel it?
Around the world, gamers are bracing to spend $80 on Grand Theft Auto VI.
And we speak to the COO of Patreon on why the creator economy is booming and who's actually making money from it?
Presenter: Leanna Byrne
Producers: Rob Cave and Niamh Mc Dermott