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- Chinese GDP growth slowed to 4.3% but success in electric vehicles and EV batteries boosted export earnings. We also head to Gibraltar where citizens and businesses of "The Rock" and Spain cheer the end of passport checks on the frontier border following the post-Brexit agreement between Spain and the UK.
World Business Express - Finance, economy and business news from BBC journalists around the world. The stories that matter: World Business Express brings you the essentials on the fast-changing global economy. What forces are driving the markets and industry? Hear unique insight from top CEOs, investors, economic thinkers and small business bosses. - Big banks, big profits...We're looking at the handsome results posted by five big US banks today.
We'll also look at threats to wheat exports in both Russia and the United States
And why is American beef so pricey at the moment?
(Picture: Close-up of benjamin franklin on scattered one hundred dollar bills. Credit: Getty Images) - US banks see supersized profits as dealmaking streak continues, but will US households feel any richer after inflation data showed gasoline prices at the forecourt eased for drivers. Video conferencing app Zoom has predicted a three-day working week as AI boosts worker productivity...but do bosses agree? And what will the fallout be for Paramount and Warner Brothers after their media mega-deal hit a regulatory roadblock?
- Twelve US states sue Paramount Skydance over its planned takeover of Warner Brothers. We hear from California's attorney general Rob Bonta who's leading the charge against that proposed 81 billion dollar Hollywood merger.
Plus, South Africa's biggest diamond mine pauses production for two years. Find out why?
And what would you pay for a bit of trash from Taylor Swift's wedding?
(Picture: California Attorney General Rob Bonta holds a press conference next to the iconic Hollywood sign, in Los Angeles. Credit: Reuters) - One man's trash is another man's treasure, but would you pay $25 for a cube of rubbish collected outside Madison Square Garden where Taylor Swift and Travis Kelce were married? The Strait of Hormuz is effectively closed, with BBC Verify finding that only a handful on vessels crossed the body of water in the last 24 hours after tensions increased between Iran and the US. Also, we head to Delhi were new electric vehicle policies aimed at cleaning the air have been criticised by rickshaw and moped drivers. World Business Express - Finance, economy and business news from BBC journalists around the world.
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