World Business Report

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 announced record export numbers and the biggest ever trade surplus in global history of 1 point 2 trillion dollars. We explain what this meansand Saks Fifth Avenue has applied for Bankruptcy protection

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 on the Federal Reserve has spilled into an open row with its chair, Jay Powell, drawing in central bankers from around the world.(PHOTO: People wave flags during a demonstration in support of the national protests in Iran, in Barcelona, Spain January 13, 2026. Credit: REUTERS/ Albert Gea).

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 the World Bank says the global economy is doing slightly better than expected.Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Justin Bone

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 in the Caribbean, Cuba faces a potential energy crunch after oil shipments from Venezuela come to a halt.(PHOTO: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building in Washington, D.C., U.S., July 24, 2025. Credit: REUTERS/Kent Nishimura/File Photo).

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 the investigation which is focused on testimonies given to Congress last year on building work being carried out at the Fed's HQ. Also we hear from a shopkeeper who's been protesting over economic conditions in Iran. The X-owned AI platform Grok has been banned in Malaysia and IndonesiaAnd the boss of beer giant Heineken is stepping down as the Dutch based multi-national faces falling sales.Presenter: Leanna Byrne Editor: Justin Bones