World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
TikTok secures US future
The social media giant has finalised a deal to allow it to continue to operate in the United States where its famous algorithm will be retrained exclusively on American user-data. For the past year TikTok's been at the heart of a dispute between its Chinese owner Bytedance and the US…
What’s really in Trump’s Greenland framework deal?
Global economic tensions over Greenland may be fading, but the uncertainty is prompting questions about whether some of America’s trade partners should look to diversify into new markets. Also, the film Sinners sets a new Oscars record with sixteen nominations, but do more nominations always translate into higher box office…
Could a Jeff Bezos satellite network rival Starlink?
Blue Origin, the company owned by Amazon founder Jeff Bezos, says it will launch a new satellite-based communications network called TeraWave. We find out if it could eventually rival Elon Musk's Starlink, which currently dominates the satellite internet market. Plus, the conversation in Davos switches to the economic future of…
Trump backs down from tariff threats over Greenland dispute
President Trump makes a u-turn on tariffs after reaching a framework for a future deal over Greenland. Leanna Byrne asks - what do we know about this deal? We also follow the US Supreme Court hearing involving Federal Reserve governor Lisa Cook, who denies allegations of misrepresenting her home ownership…
Snap cuts deal to settle social media addiction lawsuit
The settlement comes just days before the landmark case was due to go to trial in LA
Davos dominated by President Trump's ambition of Greenland
The World Economic Forum at the Swiss resort of Davos has been dominated by President Trump's ambition to take control of Greenland, and his threat to impose tariffs on European countries that resist. EU leaders could be hitting back with tariffs of their own. So, what are the market reactions…
US Dollar falls as Trump doubles down on Greenland
President Trump insists there’s ‘no going back’ on taking control of the island
Donald Trump steps up pressure over Greenland
The US President remains committed to taking control of the semi-autonomous territory of Denmark, leading to strong push back from European leaders. We get reaction from the Duncan Edwards, CEO of the BritishAmerican Business trade body and Matthew Bartlett, Republican strategist and who worked in the State Department during the…
New flare up in European/US Trade relations over Greenland
Leaders of European countries have reacted angrily to the threat of additional tariffs by the US. Donald Trump says he'll first put 10% then 25% extra import tax on nine countries including Germany, France and the UK as he increases the pressure on his claim for Greenland to be sold…
China and Canada reset trade relations after talks
China and Canada strike a trade deal after a high stakes meeting between the Canadian Prime Minister Mark Carney and President Xi. And Europe and South America sign a trade deal after twenty five years. The EU-Mercosur agreement will require the approval of the European parliament within the next few…
Europe and South America to sign free trade deal
The agreement, between the South American trade bloc Mercosur and the European Union which is set to be signed this weekend, has been 25 years in the making. The deal will eliminate import taxes or tariffs on more than 90 percent of goods traded between Europe and the South American…
Container ships changing course to the Red Sea
Two years on, one of the world’s biggest shipping companies - Maersk - says it’s preparing to return to the Red Sea — and in aviation, Chinese-made passenger jets may be edging closer to European skies. Also today — new data suggests Iran’s internet blackout has cost the economy around…
Nations begin to put a stop to Grok
Several governments have been piling pressure on Musk’s AI company, xAI, after Grok was used to generate a flood of sexually explicit and non-consensual images, including of women and children. X says it will now geo-block the creation or editing of images showing people in bikinis, underwear or similar clothing…
Could a cap on credit-card rates really hurt consumers?
President Trump wants to cap credit card interest rates at 10% for a year. But the big banks warn that could limit lending and hit the most vulnerable first. Also today - why prices for metals like copper and tin are hitting record highs, we'll investigate what's behind the surge…
Could US access to Greenland's minerals be the answer to President Trump's territorial ambitions?
President Donald Trump says NATO would be stronger if Greenland were under US control. Greenlandic and Danish foreign ministers are about to hold talks in Washington with US Vice President JD Vance and Secretary of State Marco Rubio.The meeting could shape investment, mining and military spending across the Arctic. China's…
Trump's tariff on Iran's trading partners: What's at stake?
Sam Fenwick takes a look as US President Donald Trump brings back tariffs, this time targeting countries that continue trading with Iran, with China among those in focus. New US inflation figures show price rises are easing, but many American shoppers still say their weekly bills feel high. And pressure…
Ban on business with Iran: how will it affect Iranians?
US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. How will it impact Iranian business owners? An Indian tea-grower explains their expectations from India and US trade talks? We look at the latest US consumer prices. And…
Is the White House at war with the Federal Reserve?
Sam Fenwick examines a growing political storm at the world’s most powerful central bank, as US prosecutors investigate the Federal Reserve and its chair. At Meta, a former adviser to Donald Trump steps into one of Silicon Valley’s biggest jobs, prompting new scrutiny of Big Tech’s relationship with Washington. And…
Fed Chair hits back at criminal investigation
The Chair of the US Federal Bank Jerome Powell has released a statement in which he says a criminal investigation is about whether the bank can change interest rates based on what will serve the public rather than what the President wants. Donald Trump has denied he knows anything about…
President Trump lays out plans for Venezuela's oil reserves.
The US president, Donald Trump, has met top American energy executives in the White House, saying his government will choose which US firms can exploit Venezuela's vast oil reserves. Also, Elon Musk's social media site X could face a UK ban over a feature enabling users to create fake, sexualised…