World Business Report

With Microsoft announcing nearly five thousand job cuts, and XBOX bearing the brunt of the losses, we look at what's changing in the world of gaming and hear from former XBOX executive Peter Moore on how it might affect some of the globe's most popular computer games.
Meanwhile, as NATO leaders prepare to haggle in Turkey over defence spending, we get advice from Sweden's former Prime Minister Carl Bindt on how countries balance their budgets against growing security demands.
Also on the programme, Andrew Peach discusses the growing concern around political interference in football after FIFA's shock decision to overturn United States forward Folarin Balogun's suspension for a red card offence.
And as World Cup games in Mexico come to an end, Mexico City's tourism minister Alejandra Frausto Guerrero talks about the country's hope for a boost in tourism.
The latest business and finance news from around the world, on the BBC.
(Picture: A teenager holding a controller to play a video game on a Microsoft Xbox One console, in Corfe Mullen, Dorset, UK. Credit: Yui Mok / PA.)

Europe's second biggest low cost airline accepted bid after months of wooing. If the deal goes through, the new owners Clearlake will take the business private.
NATO to discuss a proposed Defence, Security and Resilience Bank, aimed at boosting lending to member nations to pay for a ramp up in defence.
And US rock band Metallica are funding work apprenticeships as part of their current stadium tour of Europe.

Swift wedding rumours, FIFA World Cup crowds and extreme heat hit New York on America’s birthday weekend. With electricity demand soaring, we hear what is happening on the ground.
We are more than halfway through the 2026 World Cup, but ticket resale platforms have been causing problems for some fans, who say their tickets were cancelled at the last minute or never arrived. We hear from fans and experts.
Spain is the world’s second-most popular international tourist destination, and travel company research suggests this year could be another strong one for the industry. But not everyone in Spain is happy about the country’s tourism success.
Presenter: Vishala Sri-Pathma
Producers: Josh Martin and Haider Saleem
(Picture: A fan of singer Taylor Swift gives an interview ahead of a reported wedding. Credit: REUTERS/Brendan McDermid)

A big birthday, a big wedding and big temperatures...it's a big weekend in the United States for citizens and business owners.

Also, Russia takes more steps to tackle its growing fuel shortages.

And why a Japanese mayor is facing criticism for taking maternity leave.

Presenter: Bisi Adebayo
Producer: Victoriya Holland
Editor: Justin Bones

With just 57,000 posts created in June, half the number expected, the US jobs market is showing signs of cooling. We talk to a restaurant owner about why it's getting harder to hire.
And the latest on the computer gremlins causing chaos at European airports. We hear from the family of a businessman delayed by 12 hours and a travel expert: Are glitches in the new EU-wide border control system going to spell a summer of misery for non-European travellers?
Also, if you were to hold your wedding in Madison Square Garden, how much would it set you back?