World Business Report

Will Donald Trump's visit to China benefit the global economy?

The US president and his Chinese counterpart struck a positive tone at a banquet dinner in Beijing today. But what was actually achieved in a day of meetings between the two world leaders? Protests have broken out in Havana following ongoing power blackouts described as the worst in decades. Cuba's energy minister admits that they've run out of diesel and fuel oil because of the US-led blockade. And, with the men's World Cup less than a month away, hotels in the USA are seeing 80% less demand for bookings than expected. The cost of transport and tickets are some of the reasons cited. We hear insights from a hospitality industry insider and a fan who spent over $2,000 to be at the first match.

The start of the deal: Trump and Xi meet

Presidents Trump and Xi meet in Beijing: What's at stake for both in terms of trade and tariffs? And Honda reports its first annual loss in 70 years. Has the Japanese car giant misjudged its electric vehicle strategy? Also, Cuba runs out of diesel and fuel oil as a US-led blockade of oil to the country squeezes supply.

Donald Trump and Xi Jinping discuss tariffs, trade, and AI

US President Donald Trump is in China to meet with his counterpart Xi Jinping. They're expected to discuss their current tense trade relationship, the Middle East war, and negotiate an extension of their trade truce agreed in October that paused tariff escalation between the two nations. India has raised import tariffs on gold and silver purchased abroad to ease pressure on foreign exchange reserves after feeling the squeeze from rising energy prices. They're the world's second largest consumer for precious metals, and we hear how this is likely to affect global demand. Open AI CEO Sam Altman testified in court today in the ongoing case against Elon Musk, concluding the evidentiary portion of the trial. Closing arguments are due next. Our North America technology correspondent Lily Jamali gives us an update from California. And how has the aid sector affected Africa after Donald Trump closed the US Agency for International Development? Ed Butler reports from a maternity care project and speaks with experts across the continent.

Trump flies to China for talks with Xi

Tariffs, tech competition, the Iran war and Taiwan top the agenda for the two superpowers. Trump, last visited in 2017. He returns to a stronger, more assertive China. Tens of thousands take to the streets of Buenos Aires to protest the economic policies of Argentina's President Javier Milei. And India hikes the tariff on imports of gold and silver from 6% to 15%.

US price worries: customers tighten purse strings

Are higher prices in the US starting to show up in household bills as inflation moves closer to 4%? We’ll be looking at where that pressure is coming from, how long it might last, and what it means for businesses and consumers already feeling the squeeze. Also today, after an awkward intervention from President Macron, we get the mood from the tech-focused Africa Forward summit, where leaders and investors are debating the future of digital growth on the continent. And we hear why eBay has ruled out a deal to merge with GameStop, ending speculation over a possible takeover in the gaming retail space. (Picture: Allison Dinner/EPA/Shutterstock)