Have FIFA scored an own goal?

Loading player...
We'll hear reaction from the world of football as Fifa offers federations $40 million each to rubberstamp its plan to sell some of its commercial rights. As FIFA sends a letter to football associations explaining the plan and giving them a deadline of mid-September to agree

Also, we find out the bizarre story of why eBay had to pay one couple $56 million after a campaign of harassment.

And why Cuba has moved to open crisis-ravaged parts of its state-run economy to private firms.

Elsewhere we get the latest from the US Federal Reserve which held rates despite rising inflation.

PHOTO CREDIT: Reuters
29 Jul 6PM English United Kingdom Business

Other recent episodes

UEFA Shows FIFA the Red Card

We hear why UEFA is threatening to boycott future World Cups in a major showdown with FIFA over plans to create a new commercial entity to run its tournaments. As the row intensifies, we'll ask what it means for the future of football's biggest business with the New York Times'…
30 Jul 6PM 27 min

Is this the start of the robot wars?

The US has moved to block new foreign-made robots from its market over national security concerns, with Chinese manufacturers expected to be hit hardest. Beijing says it could retaliate. We also examine the health of the US economy, as growth disappoints and inflation remains stubbornly above the Federal Reserve's target…
30 Jul 11AM 10 min

Luxury fashion houses bag a return to sales growth

Jewellery and a strong North American market helped luxury goods giants LVMH and Kering grow sales even as promblems in the Middle East and China hampered the sector overall. We get insight from the former head of LVMH's head of North America. Elsewhere, it's "the same again" for tech investors…
29 Jul 11AM 9 min

Is the World Cup up for sale?

FIFA faces a backlash from UEFA over plans to create a new company with private investors to run major tournaments, including the World Cup. So what could this mean for the future of football? Some of the world's biggest tech companies, including SpaceX and Tesla, have seen sharp falls in…
28 Jul 6PM 26 min

AI investors spark Asia shares sell-off

South Korea's Kospi index halts trading after huge falls for tech stocks like Samsung and SK Hynix. Are investors starting to fear the arrival of Chinese AI chipmakers? Also, firefighters in France and Spain are continuing to battle wildfires that have forced hundreds of thousands of people from their homes…
28 Jul 11AM 10 min