Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor Howard Schultz in march, hailed the progress the company was making. He still faces lots of challenges, though, including the companys response to union organizing. Thats Michelle Fleury there. Meanwhile, ride hailing firm uber reported a surprise profit of almost 400 million for the Second Quarter after a 2 billion loss compared to a year ago. Now, this is uber� s first ever quarterly operating profit. The results were boosted by gains in uber� s equity investments. Revenue rose 14 , but missed analysts forecasts slightly. Oil giant bp saw its Second Quarter profits slumped 70 from a year ago, coming in at 2. 6 billion and missing forecasts. This is a read line defining margins, rather, and Oil Trading Income has fallen. Energy giants have seen their profits dwindle from 2022 when oil and gas prices surged in the wake of the russias invasion of ukraine. And im sure youve noticed recently, but it has been hot this summer. Heatwaves have hit the United States, europe and asia, prompting warnings from experts like the World Meteorological organization. Typhoons and floods have also meant Travel Operators have had to change their usual offerings. Earlier, i spoke to douglas quimby, who is the co founder of arrival, a Market Intelligence firm targeted at the travel industry, and he explains how travelers are reacting to the wild weather. This has been a big issue for several years. For example, if you think about the ski industry here in the United States and elsewhere where seasons have been contracting because theres less snowfall. So theres a lot of adjustments around when travelers are going and thinking about some of the concerns that theyll have. So a few things that we see are already happening in the industry. For example, in southern europe, we see Tour Operators are changing their itineraries. Theyre doing less outdoors. In the middle of the day, we see a the parthenon in athens is now closed in the afternoon during some of these really difficult days. So theres a lot of things that are changing there for travelers. I think a really big consideration is, again, its when theyre going to be going. But also its so important to keep in mind, especially for those bucket list trips, you know, if i want to see some of the incredible sights in europe or the majesty of kyoto, im going to go. So its going to be a lot more about when i go and not necessarily changing the destination. Lets talk about Travel Insurance. Does Travel Insurance these days cover any of these cataclysmic events . Well, i think the best thing thats actually really come out of covid, in fact, is this growing adoption of cancel for any reason insurance. This is something that more and more Travel Companies are adopting. And i think really this is going to become a mainstay for for travelers. This is something the industry really tried to push just to get travelers back into the market and traveling again. And i think now every traveler has got to be thinking about incorporating Travel Insurance, especially because of the uncertainty and increased volatility that theyll all be experiencing with travel and any Travel Company that isnt thinking about their insurance policies and in general thinking about the implications of Climate Change and the impact its going to have on the destinations in which they operate, they are going to face a pretty rude awakening. And have you seen any change in Travel Patterns in light of the extreme heat, the flooding, the wildfires . You know, so far, not so much. Theres been certainly, you know, a lot of disruption. But again, i think this is something that is going to change how travelers think about this in the future again, with when they travel. So it really we could see a shift in seasonality when those high seasons become most important. And again, another big factor, too, is is also overtourism. I think this has been in the short term, one of the biggest factors on changes in Travel Patterns. And increasingly were seeing travelers looking for more secondary or kind of less popular destinations or going during off season times to have a better experience. Well, over to the uk where food prices in the country are rising at its lowest rate since last december. As our Business Correspondent emma simpson explains, even though the food and the shops are still more expensive compared to a year ago, there is some hope. Would you like the grapes . Theyre buying, but theyre also watching the pennies and at this fruit and veg stall in high wycombe, they used to charge a pound a bowl. Its 1,50 now, although some items are coming down. Theyre still customers who come along and say, really . Because they havent noticed. We actually bought some of our prices down or were trying as much as possible, like with the onions. They used to be £5, but theyre down to 4. 50, so its slowly but they still think its quite steep. Thats because moneys tight. Its very hard. Even both of us, me and my husband are working. Its hard. I do feel a bit optimistic now that maybe things i will ease, but they need to come down, Notjustl Go Up less. Just come down. Well, thats not likely to happen any time soon. But lets look at the bigger picture. Food inflation was on a downward trend up until two years ago. But you can see here how prices then started to creep up. And this was happening before the invasion of ukraine. It wasnt until last summer, though, when Food Inflation really started to soar. Heading to record breaking levels on this survey, the rate peaked at nearly 16 in april this year, but it has been falling ever since, down to 13. 4 forjuly, as lower costs and Supply Chains start to filter through. The brc says some products like cereals, fish and cooking oils, have now fallen in price since last month. We have passed the peak of food price inflation. We are still seeing price rises, but nowhere near the levels that we saw earlier in this year. And i think the trajectory that were on is downwards. The question is just how quickly. Wheat prices, for instance, are on the rise again after russia pulled out of a deal allowing the safe export of grain here in ukraine. And todays figures are unlikely to prevent another rise in Interest Rates this week. Unfortunately, the Bank Of England probably still have to press ahead with higher Interest Rates on thursday. Services inflation still is far too high relative to their target, and so they need to squeeze the economy a bit harder to get that down to. Consumers are trying to cope by changing what they buy in the aisles, but the financial pressures are so great. One recent survey finds some have been running out of food and overall Grocery Prices are still going up. Its just that theyre not going up quite as fast as before. Emma simpson, bbc news. And finally, american singer lizzo and her Production Company have been sued by three former dancers over allegations of Sexual Harassment and the creation of a hostile work environment. The lawsuit also listed several racial and religious harassment claims over several incidents between 2021 and 2023. The dancers also say that lizzo, known as an advocate for body positive images, criticized dancers recent weight gain and eventually fired them for recording a meeting. Thats all we have for you on Asia Business report. Im monica miller. Bye for now. Voiceover bbc news, bringing you different stories from across the uk. Safe and sound asleep. These puppies are lucky to be here. Their mum was a stray, rescued from the streets, heavily pregnant, clearly traumatised. When she arrived with us, she was so nervous to the point where she did not walk for the first week. She wouldnt stand. She was so nervous, she wouldnt go anywhere, particularly with men but with everyone, basically. Staff at the Rescue Centre named the Nervous Collie Roo and a Foster Family was found at this farm near helston where she could have her litter of seven pups in peace and quiet. Things arent perfect for her. She definitely still has a long way to go, but coming to a nice, quieter environment than being in kennels has been fantastic for her. She has come along really well and the next stage will be keep feeding and growing the puppies and when they are old enough we will find them all homes. And roo as well. But for now, she is really happy here, she has settled well. With tens of thousands of dogs in uk Rescue Centres, the National AnimalWelfare Trust says roos story is an important reminder to think before getting a pet. Voice over for more stories from across the uk, head to the bbc news website. Hey, im dylan with the catch up. Tonight, lioness success. The war in ukraine. And a panda with the hiccups. But first, if you havent already seen, the lionesses are through to the last 16 at the womens world cup after they easily beat china 6 1 to top their group. Two of the goals came from the amazing laurenjames, who also made three assists. But the win was a proper team effort and their performance has got fans thinking they could go all the way. Cheyenne is one of them. She watched the game with fans at boxpark in croydon. Oh, i really hope that england will push through and win. Im pretty sure they will. And this is looking good for us so far. Well, england now have a bit of time for recovery before they face nigeria next monday. Some other stories now. And angus cloud from the Tv Series Euphoria has died aged 25. He played the drug dealer fez oneill in the drama. He died at his family home in california just a week after attending his dads funeral. Next, a new Drone Delivery Service has been launched in orkney, the islands north of scotland, to help speed up delivery times. The drone will be used to send parcels and letters around the islands. And borisjohnson� s plans to build a new pool at his house have been delayed because of a group of newts living there. Newts are actually a protected species and damaging their habitats is an offence. Its a rule he fought against when he was prime minister. And finally, 10 seconds to make your dayjust that bit better. Its a hiccuping giant panda. The animal was caught on camera at a Panda Conservation Centre in china with a fit of the hiccups. Hopefully a little bit of bamboo will sort him right out. Well, thats all from me. Take care. Cern is one of the most Famous Centres for science in the world. On the border of switzerland and france, this place has been expanding our horizons for decades. Its High Energy Physics research has helped reveal the secrets of our existence. And i have been allowed in it to meet some of those at the cutting edge. 2,500 people work here. 12,000 more pour over the results of the experiments. Here at cern, it is a really unique community. It is an International Group of people, so we are from all over the world. You can knock on the door of a Nobel Prize Winning scientist, ask them a question, and they will say, come in. Lets talk about it and have a coffee. Any young boy or girls dream to work in science, right, is to go to a place which is like a town of science, and that is what cern really is. Its buzzing with the ideas. Its also buzzing with energy of a different kind, with giant laboratories that feel almost ramshackle. Theyre not really, though. One thing i love about cern is they seem to have most of the worlds supply of tinfoil here. Most famously, cern is home to the large hadron collider,