World Business Report

President Trump nominates Kevin Warsh as US Fed Chair

The former Federal Reserve governor has deep ties to Wall Street, was previously interviewed for the job in 2017, and has been an outspoken critic of America's central bank. We’ll ask how financial markets have responded to the news. Also, Venezuelan MPs have approved a bill to open up its oil sector to private firms. And, Panama's Supreme Court has voided a Hong-Kong based company's canal port contracts.

Toyota sets record sales in 2025

The Japanese auto giant Toyota says its global sales set a new record last year, despite trade tensions. What did Toyota do differently to others? Also, in a week where gold hit another record high, Rahul Tandon hears about what a gold boom means for Ghana. And, strong iPhone demand boosts Apple's profits, as Microsoft faces pressure over spending on data centres. (Photo: Members of the media inspect a Toyota Yaris car displayed during a media preview at the 46th Bangkok International Motor Show 2025 automobile showcase in Nonthaburi, on the outskirts of Bangkok, Thailand, 24 March 2025. Credit: by RUNGROJ YONGRIT/EPA-EFE/REX/Shutterstock

Dollar sinks to four year low

The dollar is normally seen as the ultimate safe haven, it's the currency most other currencies benchmark themselves against – so why is it taking a downward spiral? British Prime Minister Keir Starmer has been in Beijing meeting President Xi and says steps have been taken to improve trade with China. And Germany is experiencing a potato glut, we find out why.

Amazon cuts 16,000 jobs as it pushes AI and efficiency

US technology giant Amazon has confirmed it will cut 16,000 jobs around the world. Andrew Peach hears from former Amazon workers and an AI expert. Also, why German authorities have searched Deutsche Bank buildings in Berlin and Frankfurt. And how Harry Styles will overtake Taylor Swift by adding more London gigs this summer. (PHOTO: An Amazon employee delivers packages in downtown San Francisco, California, U.S., January 26, 2026. REUTERS/Carlos Barria)

The Swiss franc flies high

The Swiss franc soars to its highest level against the dollar in more than a decade as investors flee the dollar in search of a safe haven. We look at what that means for Swiss exporters and the central bank. Plus, why have several big global companies announced job cuts, even though they appear to be doing well financially? And the boss of Cisco warns of "carnage" if an AI-driven bubble on stock markets bursts.