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Illegally crushed its competition in online search any landmark ruling back in august. The case centres on google accounting for 90% of such inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is the more than $26 billion in annual payments it is thought to make two smartphone makers to make two smartphone makers to beat their default search engine. The advertising around the search meant its latest results, alphabet reported a profit of $23. 6 billion in the three months until the end of june. The us government says it is harming compet...

a semiconductor superpower. our asia business reporter monica miller has more. it is a major setback. prime minister narendra modi has made chip—making a top priority for india's economic strategy in pursuit of what they say is a new era of electronics making. it doesn't get much bigger than foxconn, which makes roughly 70% of apple's iphones. india estimates that its semiconductor market could be worth $63 billion by 2026. now, we need to go back a little bit to explain how this partnership happened. that was in september 2020 to the taiwanese firm and the indian mining giant agre...

prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga—liv merger. welcome to world business report. let's start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate ri...

by 11 of the 31 members of the alliance. uk prime minister rishi sunak is expected to urge nato allies to learn the lessons from russia's invasion of ukraine and invest more in defence. joining me now is hugo brennan, research director at the risk intelligence company verisk maplecroft. good morning to you, hugo. so, just talk us through the level of defence spending going on at the moment. because this has been a contentious issue for years within nato, hasn't it? it very much has been, yeah. i mean, the first thing to say is the question of — who foots the bill to pay for the all...

we begin with the airline industry and hope for staff at the collapsed airline flybe. ryanair and easyjet say they are happy to snap them up. easyjet says it has 250 vacancies for cabin crew, ryanair says it has vacancies in all categories, including pilots, engineers and ground staff. flybe went into administration on saturday putting 277 staff out of work. in about 25 minutes we'll be getting ryanair�*s third quarter results which are expected to be strong due to pent—up travel demand. joining me now isjohn strickland, airline analyst atjls consulting. good morning, lovely to s...