World Business Report - Los Angeles Lakers face takeover

Download Los Angeles Lakers face takeover

The Los Angeles Lakers are to be sold for a reported record-breaking $12.5bn to American businessman Josh Kushner and former Disney chief executive Bob Iger. We hear from a former insider on what this means for one of the world's biggest sports brands.

Elsewhere as Columbia recovers from a devastating earthquake, we hear about recovery efforts and the impact on its economy.

Also, with less than a week to go before Donald Trump's latest tariff deadline we hear from one business on what measures they are planning to take to keep trading.

And, a new jet, being billed as China’s answer to Boeing or Airbus is made its first international commercial flight. What does this mean for the nation?

PHOTO CREDIT: REUTERS/Mike Segar

Published on Wednesday, 12th August 2026.

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