World Business Report

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.

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.

EU tariffs on Chinese electric vehicles could backfire, after Chinese car companies called on their government to introduce import taxes on EU petrol cars, in response. Vishala Sri-Pathma dives into whether this is a sign of things to come.Elsewhere, we look at protests in Kenya over a slew of unpopular tax proposals. And we examine the prospects for closer economic ties between Russia and Vietnam after President Putin’s visit to Hanoi.

There has been devastating human and economic consequences of the heatwaves in several parts of the world. At least five hundred and fifty pilgrims have died during the annual Muslim pilgrimage to Mecca In the UK inflation has come under the 2 per cent target for the first time in three yearsAnd the surging prices of luxury goods have turned off turned off some shoppers. We ask why?

Citroen CEO Thierry Koskas tells the BBC about its plans to compete with Chinese manufacturers, and why it's "confident" it can beat them on home turf.Elsewhere, Roger Hearing looks at whether Nvidia - now the world's most valuable company - is in a price bubble. And he hears from South Africa's new coalition about plans to boost the country’s economy.

Chip-maker Nvidia has become the world’s most valuable company after its share price climbed to an all-time high. It is now worth $3.34tn with the price having nearly doubled since the start of this year.Also, Devina Gupta takes a look at President Joe Biden's new policy that is likely to change the lives of tens of thousands of migrants married to US citizens, and finds out why stock exchange workers are going on strike in Italy.

Russian leader Vladimir Putin is in North Korea for his first talks there in almost a quarter of a century. We hear what two of the world's most sanctioned nations have to offer each other's economies.Roger Hearing finds out why Boeing's CEO is likely to get a grilling when he appears before the US Senate.With another US electric vehicle start-up filing for bankruptcy, what does it mean for the industry? Meanwhile, how can a new AI tool help fruit growers improve their profits by predicting their harvest?The latest business and finance news from around the world, on the BBC.

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. We hear from a whistleblower on his experiences of working in a social media company. Our colleague 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 its opening weekend, bucking a trend of poor performances from new film releases. Rahul Tandon asks why.

The economist Thomas Piketty – author of international bestseller Capital in the Twenty-First Century – joins Roger Hearing to discuss the upcoming French elections, as fears of a far right election win make markets nervous.We also take a look at the world’s second largest economy, China. Its premier Li Qiang is on a visit to Australia to try to repair a fractured relationship that has caused major problems for trade. Meanwhile China seems poised to impose tariffs on EU pork - is this just retaliation for tariffs on Chinese electric cars?